DUBLIN Ohio The Wendy’s "red wig" TV spots have become so popular that the chain is making the wigs available to the chain's 6,015 domestic units for use in promotions. Restaurant teams and field personnel will be able to order wigs to use...
WASHINGTON All but a dozen restaurant stocks rose Tuesday on news that the Federal Reserve had lowered its benchmark interest rate by half a point to stunt the recent damage to the financial markets from housing and credit woes. The move also is...
MARYVILLE Tenn. Acknowledging that it “underestimated the impact” of gas prices, higher interest rates and heightened discounting by other casual-dining chains, Ruby Tuesday Inc. reported a 4.8-percent drop in same-store sales at domestic...
ORLANDO Fla. Darden Restaurants Inc., operator of 1,404 casual-dining restaurants, posted a 20-percent year-over-year surge in its first-quarter profit on revenue that increased 7.9 percent from a year ago to $1.47 billion. The company’s ...
DALLAS Mark H. Brezinski, a co-founder of the Pei Wei Asian Diner and Tin Star fast-casual concepts, said he plans to launch a chain of combination fast-casual/full-service Indian-Asian restaurants in December called Bengal Coast. ...
DUBLIN Ohio Sixteen Wendy's franchisees representing nearly 20 percent of the 6,015-unit chain have accused Wendy’s International Inc.'s board of failing to communicate with the franchise community as the company considers a restructuring or a...
MIAMI Burger King Holdings Inc. has appointed 23-year company veteran Julio Ramirez as executive vice president of global operations, filling the vacancy left by the departure of James Hyatt. Hyatt resigned as chief global operations...
