WOODLAND HILLS Calif. Grill Concepts Inc. completed a $5 million private placement, the proceeds of which were earmarked for working capital needs and expansion of the company’s Daily Grill, The Grill on the Alley, and the fast-casual In Short...
FOXBOROUGH Mass. Media conglomerate CBS Corp. said it has opened CBS Scene Restaurant & Bar, a 15,000-square-foot casual-dining and entertainment venue near Gillette Stadium, the home of the New England Patriots football team. CBS' partner...
GLENDALE Calif. Thomas Conforti has resigned as chief financial officer for DineEquity Inc., the operator and franchisor of the IHOP and Applebee’s brands said Monday. Corporate controller Greggory Kalvin has been named interim chief...
TAYLORS S.C. Fatz Cafe, the 45-unit casual-dining chain, plans to use a $40 million recapitalization to refinance its debt and fund expansion, the company and its financial sponsors said Tuesday. The deal was completed this summer by...
NASHVILLE Tenn. Credit ratings for casual-dining company O’Charley’s Inc. were cut by Standard & Poor’s Ratings Services on the expectation of sales and profit declines for the remainder of the year, according to an S&P report released this month...
MINNEAPOLIS Granite City Food & Brewery said it has promoted Darius Gilanfar to chief operating officer. He replaces Tim Cary, who resigned. Gilanfar was hired last September to serve as operations senior vice president at the 25-unit...
TAMPA Fla. Shells Seafood Restaurants Inc. said it has filed for Chapter 11 bankruptcy protection and closed eight of its 23 restaurants. The move comes a few days after Shells reported that Warren R. Nelson had resigned as president and chief...
PEMBROKE PINES Fla. Shells Seafood Restaurants Inc. has converted one of its units here to an upscale concept called Rock Beach Grill, which the struggling casual-dining operator hopes will be a new avenue for growth. Rock Beach Grill...
CALABASAS HILLS Calif. The Cheesecake Factory said it has expanded the Weight Management offerings on a new summer menu that debuted this week. The Weight Management menu, which includes dishes containing fewer than 590 calories each, will...
