OVERLAND PARK Kan. The war of words between Applebee's International Inc. and its 5-percent stakeholder and disgruntled shareholder, Richard C. Breeden, continued late Thursday when Breeden officially put forth his nominees for Applebee's board of...
CARROLLTON Texas T.G.I. Friday's 582-unit domestic operation earlier this month unveiled a 10-item menu with reduced portion sizes and reduced prices for both lunch and dinner. "It's a separate page in the menu," said Richard Snead...
PLANO Texas Bennigan’s Grill & Tavern, the 310-unit casual-dining division of Metromedia Restaurant Group here, will launch a promotion of various fajita items on March 26. The Fajita Nation menu, available through June, will include fajita...
SEATTLE Restaurants Unlimited Inc., operator of the Kincaid's and Palomino casual-dining chains, has been acquired by an affiliate of the private-equity firm Sun Capital Partners Inc., parent of the El Torito, Chevys, Bruegger's and Fazoli's...
DALLAS Chili’s Grill & Bar, is growing another restaurant chain, but his initial plan with this one is to defy one of the multiunit field’s basic tenets: standardization. —Larry Lavine, founder of Lavine opened Red’s...
OVERLAND PARK, Kan. Applebee’s International Inc. said it is closing 24 of its 528 company-operated namesake restaurants to bolster earnings and cash flow and improve returns on invested capital. Ten of the stores are located in New England, a...
COLUMBUS Ohio Max & Erma's Inc., operator or franchisor of 101 namesake casual-dining restaurants, posted a first-quarter profit versus a net loss in the same period a year ago, despite a 3.6-percent, year-over-year decline in revenues to $55.5...
