SCOTTSDALE ARIZ. Kona Grill upscale-casual chain is poised to add its fourth new branch and second on the East Coast this year, followed by six more in 2008. —Earmarking nearly $11 million...
Hampered by still-slumping guest traffic, casual-dining restaurants sustained another decline in same-store sales in September, which we estimate was an average dip of 1.1 percent—the fifth-worst monthly slippage of 2007.The dismal results for the...
GLENDALE Calif. IHOP has added three barbecue platters and seven other items in a menu overhaul intended to provide more variety at all three mealtimes, franchisor IHOP Corp. said Monday. But the breakfast specialist isn’t neglecting its...
DALLAS The Mansion on Turtle Creek restaurant here has reopened after several months of renovation to provide a more contemporary atmosphere and a more casual setting. Rosewood Hotels & Resorts of Dallas, which owns and operates the...
GREENWOOD VILLAGE Colo. Red Robin Gourmet Burgers Inc. said its third-quarter profit rose 36.4 percent from a year ago thanks to a 27-percent surge in revenue from higher check averages and stronger customer traffic that the company said was...
LOS ANGELES Operators of the uWink techno-entertainment dining concept have raised $10.4 million in equity financing to fund new restaurant development and other capital needs. Company officials hoped to raise up to $15 million in the...
HOUSTON Landry’s Restaurants Inc. said Thursday it was able to significantly reduce its third-quarter net loss to $4.3 million, from a $30 million loss in the year-ago quarter, despite increased expenses related to raised interest rates that...
GLENDALE Calif. IHOP Corp. said eight executives of Applebee’s International Inc., including president and chief executive Dave Goebel, will leave the company after its $2.3 billion acquisition by the pancake specialist, currently slated for Nov...
ORLANDO, Fla. Darden Restaurants said it has narrowed the field of bidders for its 73-unit Smokey Bones Barbecue & Grill chain to an affiliate of the private-equity firm Sun Capital Partners Inc. in hopes of negotiating a deal within 30 days. ...
