SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported negative same-store sales at both of its main concepts, P.F. Chang’s China Bistro and Pei Wei Asian Diner, for the fourth quarter ended Dec. 30. The company also said that despite a 16...
DALLAS Dave & Buster’s is set to break a branding campaign Jan. 7 under the tag “Eat. Drink. Play.” The campaign, titled “Flashback” and created by Slingshot of Dallas, differs from previous marketing efforts by the restaurant...
LEBANON Tenn. Citing severe winter weather and continued pressures on consumers’ discretionary spending, CBRL Group Inc. said year-over-year same-store restaurant sales at its Cracker Barrel Old Country Store units fell 1.1 percent for the four...
WILBRAHAM Mass. Friendly Ice Cream Corp. has picked Omnicom Group’s Zimmerman Advertising of Fort Lauderdale, Fla., as agency of record for the company’s Friendly’s Restaurants chain. Zimmerman, the 15th largest agency in...
HOUSTON In the midst of a proxy battle over board seats at Luby’s Inc., independent proxy adviser Proxy Governance on Wednesday said shareholders of the cafeteria operator should vote to elect three of the four nominees on the dissident slate...
LOS ANGELES Hedge fund Farallon Capital Management LLC has increased its stake in California Pizza Kitchen to 7.3 percent, or around 2.1 million shares. Farallon and its funds bought the shares for about $8.6 million in aggregate at per...
BRENTWOOD Tenn. The 20-unit Santa Fe Cattle Co. steakhouse chain has been infused with $2 million in expansion capital through the sale of restricted stock to two hedge funds, parent Santa Fe Holding Co. said Thursday The proceeds will be...
MARYVILLE Tenn. Ruby Tuesday Inc. reported on Thursday that it expects a net loss in its second quarter ended Dec. 4 as slumping sales and remodeling costs took a toll on the casual-dining company. Preliminary results indicate that the...
MINNEAPOLIS Buffalo Wild Wings Inc. said it plans to purchase eight Don Pablo’s Mexican Restaurants from the bankrupt Avado Brands Inc. for around $1.2 million in cash. The wings specialist said in a statement on Thursday that it would likely...
