MINNEAPOLIS Buca Inc., parent of the Buca di Beppo family-style Italian concept, said on Thursday that it would explore “strategic alternatives” that could include a recapitalization or sale of the company. The company said it had retained...
ORLANDO Fla. Darden Restaurants Inc. reported a 29.5-percent year-over-year drop in profit for the second quarter ended Nov. 25, with results weighed down by its October acquisition of Rare Hospitality International Inc., a “difficult consumer...
CALABASAS HILLS Calif. Shares in The Cheesecake Factory Inc. soared in price on Wednesday following news that activist investor Nelson Peltz was cleared by the Federal Trade Commission to buy a stake in the casual-dining chain. Although...
SAN FRANCISCO —Presaged by the imminent openings of EPIC Roasthouse and Waterbar as the first newly built waterfront restaurants here in decades, a wave of culinary-star-studded dining spots is...
COLUMBUS Ohio Bob Evans Farms Inc. has named Herbert Billinger executive vice president of operations, productivity and integration at Mimi’s Cafe, where he also will oversee the real estate function. Billinger joins the casual-dining chain...
GLENDALE Calif. IHOP Corp. filed with securities regulators on Thursday financial statements that include costs or gains from its late-November acquisition of Applebee’s, and recorded $1.7 billion in revenue and a $5.1 million loss from continuing...
ORLANDO Fla. An operations specialist from Darden Restaurants’ Seasons 52 and Bahama Breeze chains has teamed up with a local developer to open “nighttime entertainment districts” studded with high-end casual restaurants. Doug Doran left...
CARROLLTON Texas T.G.I. Friday's Inc., the division of Carlson Restaurants Worldwide here, has named Andrew Jordan senior vice president of marketing for domestic restaurants. He replaces Terri Snyder, who left earlier this year to become...
SEBASTOPOL Calif. Dean Biersch, who co-founded the Gordon Biersch Brewery and Restaurant chain almost 20 years ago, is reportedly planning to open a new beer-focused concept next spring. Biersch, who stepped down last year from Chattanooga...