LEBANON Tenn. CBRL Group Inc., operator of the 576-unit Cracker Barrel Old Country Store chain, reported a 15-percent drop in its third-quarter profit as slower guest traffic, higher costs and a lack of interest income ate into the company’s...
PLANO Texas Clay Dover late Tuesday said that he had resigned as president and chief executive of Metromedia Restaurant Group, parent to the Bennigan’s Grill & Tavern, Bonanza, Ponderosa and Steak & Ale chains. “There was a difference in...
GLENDALE Calif. IHOP Corp. will change its corporate name to DineEquity Inc., effective June 2, to better reflect ownership of both the IHOP and Applebee’s Neighborhood Grill & Bar brands, officials said Wednesday. Common...
CALABASAS HILLS Calif. After only nine months on the job, Russ Bendel is stepping down as president and chief operating officer of The Cheesecake Factory Restaurants to pursue another opportunity, effective immediately, officials said Wednesday...
WASHINGTON The U.S. Supreme Court handed down a decision in a restaurant-related case on Tuesday that could broaden the ability of employees to sue employers on discrimination-related issues. The ruling also provides a possible means around the...
WASHINGTON Restaurants may be hurting this summer as record-high fuel prices keep more Americans from traveling. AAA had projected a 0.9-percent decrease in travelers for the Memorial Day weekend, with 37.9 million Americans expected to...
SPARTANBURG S.C. Denny’s is targeting 18- to 24-year-old late-night eaters with the rollout of four “craveable and shareable” menu items and four new value items, all served exclusively from 10 p.m. to 5 a.m. The new menu kicks off a...
TAMPA Fla. Shells Seafood Restaurants Inc. has been granted a one-year extension on an outstanding $1.44 million loan in exchange for $100,800 in the company’s stock, the company disclosed Wednesday. The loan's maturity date is now May 23...
SEATTLE Officials of King County, Wash., have detailed new obligations for the 1,700 local chain restaurants that will be required as of Jan. 1, 2009, to post nutrition information on menus or point-of-purchase materials. The newly disclosed...
