CALABASAS HILLS Calif. The Cheesecake Factory Inc. became the latest casual-dining operator to cite increased costs and slowed sales for a double-digit decline in profit. The operator of 157 restaurants reported Thursday a third quarter...
DALLAS A U.S. bankruptcy court has approved Atalaya Capital Management’s acquisition of Bennigan’s Franchising Co. LP, including the company’s equity, trademarks and other assets. The deal, which includes the Tavern and Steak & Ale brands, is...
PLANO Texas Metromedia Steakhouses Co. LP, parent of the Ponderosa and Bonanza Steakhouse brands, said it has filed for Chapter 11 bankruptcy protection. The company said in a statement that it would continue operating and planned to...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported on Wednesday a 43.8-percent year-to-year drop in third quarter profit because of charges for the planned closure of 10 Pei Wei Asian Diners and continued slow traffic at its restaurants. ...
DALLAS Brinker International Inc., parent to the Chili’s Grill & Bar chain, reported on Tuesday a 36.8-percent drop in its first quarter profit because of sales pressures and higher commodity prices. Brinker’s profit for the quarter ended...
WHITE PLAINS N.Y. The Westchester County Board of Legislators will vote Nov. 10 on whether to mandate the disclosure of calorie counts on the menus of about 600 chain restaurants, a spokeswoman said. The spokeswoman, Betsy DeSoye, said the...
ROANOKE Va. Western Sizzlin Corp. on Friday terminated its stock-swap offer for a 1.2-percent stake in Jack in the Box Inc., but plans to try again after regulatory compliance obligations are met. On Oct. 3, the parent of the 117-unit...
HOUSTON Landry's Restaurants Inc. said Saturday it had accepted a 35.7-percent lower offer from founder and chief executive Tilman Fertitta to buy the 61 percent of the restaurant and gaming company he does not already own. The adjusted...
CARROLLTON Texas T.G.I. Friday's said it has knocked $1 off the prices on its newly expanded Right Portion, Right Price smaller-servings menu for an unspecified limited time. Prices for the 10-item menu, which had started at $6.99, now...
