DALLAS Brinker International Inc. reported Wednesday negative same-store sales results at four of its chains for the fiscal month of April, marking the 13th consecutive period of reduced year-over-year sales results at its largest chain, the 1,318...
Most of the time, sugar daddies don’t intend to enrich the targets of their pursuits.But if the sugar daddy is a deep-pocketed developer courting a high-profile restaurateur to open marquee eateries in dazzling new condo, hotel, retail or...
ORLANDO Fla. While announcing the discontinuation of its Smokey Bones chain, Red Lobster parent Darden Restaurants Inc. quietly cut the size of its Bahama Breeze operation by about a third this weekend, with nine of the chain's 32 units closing...
OVERLAND PARK, KAN. Applebee’s International Inc. has defused a looming proxy battle with dissident shareholder Richard C. Breeden by giving him and one of his nominees seats on its board of directors—a move that one analyst said could clear the...
NEWPORT BEACH, CALIF. —Chopped American Kobe beef with a mushroom-Burgundy sauce? Kobe-style beef sliders on briochelike King’s Hawaiian rolls? Are the menus of old-fashioned diners and midscale casual chains supposed to feature...
ORLANDO Fla. Darden Restaurants Inc. on Saturday said it was shutting down its struggling Smokey Bones restaurant division by closing 54 units and selling the remaining 73. Darden, which also operates the Red Lobster, Olive Garden, Bahama...
TALLAHASSEE Fla. A bill outlawing expiration dates and dormancy fees on gift cards issued by restaurants and other retailers is awaiting the signature of Gov. Charlie Crist following its unanimous passage by the Florida Legislature on Wednesday. ...
PLANO Texas Bennigan's Grill & Bar, the 310-unit casual-dining division of Metromedia Restaurant Group, plans to debut a sports-themed brand extension called Bennigan's Sport later this month. The conversion of an existing 6,500-square-foot...
OVERLAND PARK Kan. Continued soft sales, charges for restaurant closures and expenses related to the company's review of strategic alternatives drove first-quarter profit at Applebee's International Inc. down 65.1 percent from a year ago. ...
