OVERLAND PARK Kan. Applebee’s International Inc. said an offer to give dissident shareholder Breeden Capital two of the four board seats it is seeking in a proxy challenge has been rejected by the 5-percent stakeholder, setting the stage for...
DALLAS Brinker International Inc. said unfavorable winter weather chilled February sales at all its chains, resulting in a blended same-store sales decline of 4.9 percent for the four weeks ended Feb. 28. Brinker's flagship Chili's Grill &...
CALABASAS HILLS Calif. The Cheesecake Factory Inc. increased its share repurchase authorization by 10 million shares, the company reported Wednesday, bringing its total buyback plan to 12.4 million shares, or about 16 percent of total shares...
NEW YORK —Restaurateur Jeffrey Chodorow has a big beef with The New York Times’ restaurant critic Frank Bruni. Stung by a less-than-favorable review of his newly opened Kobe Club steakhouse here, Chodorow assailed...
ST. PAUL Minn. Former Buca Inc. chief executive Joe Micatrotto has been sentenced to 13 months in prison and three years of supervised time for the misappropriation of funds from the company, according to local media reports. Micatrotto, 54...
TAMPA Fla. OSI Restaurant Partners, which operates or franchises 1,429 restaurants under eight brands, reported negative sales trends at four of its concepts, including a 1.3-percent drop in systemwide same-store sales at its flagship Outback...
ORLANDO Fla. The Seminole Tribe of Florida moved one step closer to completing its $965 million purchase of Hard Rock International Inc., which operates or franchises 124 Hard Rock Cafes and eight Hard Rock-branded hotels and casinos, by settling...
CARROLLTON Texas T.G.I. Friday's 582-unit domestic operation on Friday will unveil a 10-item menu with reduced portion sizes and reduced prices for both lunch and dinner. "It's a separate page in the menu," said Richard Snead, president and...
OVERLAND PARK Kan. Citing more severe winter weather this year than last, Applebee's International Inc. reported a 4-percent drop in domestic systemwide same-store sales for the four weeks ended Feb. 25. Same-store sales decreased 3.9 percent at...
