ORLANDO Fla. Seasons 52, a casual-dining concept with a healthful bent, will introduce this spring two new offerings to its Mini Indulgences dessert line: German chocolate cake and strawberry shortcake. The mini-desserts line currently...
NEW YORK A shareholder group led by Ramius Capital Group LLC trimmed its holdings in Luby’s Inc. of Houston from 7.5 percent of shares outstanding to 4.5 percent just weeks after the cafeteria chain operator won a proxy battle over board seats...
DALLAS Brinker International Inc., parent to Chili’s Grill & Bar and other casual-dining brands, said today its second-quarter profit jumped 23 percent mainly on a gain from the sale of restaurants to a franchisee. For the quarter ended...
EAGAN Minn. Buffets Holdings Inc., operator of five buffet or steakhouse chains, has filed for Chapter 11 bankruptcy protection The company, owned by private-equity firm Caxton-Iseman Capital LLC of New York, said in a statement that it...
LEBANON Tenn. Taking advantage of a stock price near its annual low, CBRL Group Inc. authorized on Tuesday an expansion of its stock repurchase program. The company, which operates 570 Cracker Barrel Old Country Store restaurants and gift...
BRIDGETON MO. Metromedia Restaurant Group to do the same kind of upgrades elsewhere in the 358-unit Ponderosa and Bonanza buffet-steak chains. —A dramatic sales rebound at a remodeled...
NASHVILLE Tenn. Casual-dining chain O’Charley’s has launched a new TV campaign focusing on the restaurant’s soft rolls as the starting point to an enjoyable meal. The campaign, created by The Buntin Group of Nashville, depicts people in...
SCOTTSDALE Ariz. The nine-unit El Paso Grill & Bar-B-Que chain has entered into a joint venture with Glimcher Ventures Southwest to expand the restaurant barbecue concept in a deal valued at as much as $50 million. El Paso Bar-B-Que is held...
LOS ANGELES Seven of the nation’s largest restaurant chains operating in California are again the target of a lawsuit by the Physicians Committee for Responsible Medicine, which is reportedly seeking warnings about possible cancer-causing...
GREENWOOD VILLAGE Colo. In a departure from the grim news coming out of casual dining, Red Robin Gourmet Burgers, Inc. said Wednesday that it was raising its earning guidance for 2007 after notching a 2.7-percent year-over-year increase in same...
