BOSTON Multiconcept operator Lyons Group Ltd. is planning to use $5.8 million in newly secured financing to expand its roster of restaurants, according to one of the participants in the lending deal, GE Capital Solutions. Lyons’ 25...
CHINO HILLS Calif. Yard House Restaurants on Sunday opened a smaller and more streamlined “little sister” bar-and-grill variant to its namesake brand...
WASHINGTON Two units of a restaurant chain have been cited as the source for at least nine of the 228 instances of salmonella poisoning that officials have traced back to contaminated tomatoes. However, federal authorities would not reveal the...
MIAMI Benihana officials said last week that it was too early to gauge results of the Japanese chain’s new value-oriented promotion, but noted that the campaign would continue until Aug. 31. The multimedia marketing effort stresses value...
MEMPHIS Tenn. Perkins & Marie Callender's Inc. has promoted several of its executives, the operator of franchisor of more than 600 family restaurants said Monday. Pete Pascuzzi, most recently senior vice president for corporate restaurant...
HOUSTON Landry's Restaurants Inc. said today that it has accepted a $1.3 billion buyout offer from its chief executive and founder, Tilman J. Fertitta, who already owns 39 percent of the casual-dining, gaming and entertainment-venue company. ...
High real estate costs have conspired with record-high prices for gas and commodities to slow expansion for many restaurant companies, but operators are finding development bargains by converting defunct restaurant spaces into their own concepts...
ORLANDO Fla. Smokey Bones Barbeque & Grill is set to roll an election-theme promotion with its Decision '08 mix-and-match menu, the 73-unit chain said Friday. Starting June 23, diners can select two meat items and two side items from a ...
MIAMI Benihana Inc. reported a 29-percent tumble in its fiscal 2008 fourth quarter profit as higher restaurant opening costs, soft sales and one fewer operating week ate into the multiconcept operator's bottom line. For the 12-week quarter...
WASHINGTON Restaurant operators are changing tomato varieties and sources to get the fruit back on their menus in a raw form, even as a salmonella outbreak related to three popular types continues to spread. Health officials said Wednesday...
