GRAND RAPIDS Mich. Wendy's franchisee Meritage Hospitality Group Inc. said Wednesday that it intends to explore "value-creating alternatives for our shareholders," corporate-speak for a possible sale or other means of recapitalization. ...
BOSTON Boston Restaurant Associates Inc., owner of the Polcari’s North End and Pizzeria Regina brands, has appointed foodservice veteran Robert C. Taft as chief executive. Taft most recently served as chief executive of Caffino Inc., a...
NEW YORK Wendy’s International Inc. and potential suitor Triarc Cos. Inc., the restaurant concern controlled by activist investor Nelson Peltz, appear to be continuing their discussions about the No. 3 burger brand’s auction process despite...
DENVER Chipotle Mexican Grill Inc., operator of 640 namesake burrito restaurants, continued to buck the industry trends of stalled sales and squeezed profits with a near 40-percent year-to-year jump in second-quarter revenue and an 85.1-percent...
BATON ROUGE, La. Cafeteria operator Piccadilly Restaurants LLC has hired former Shoney’s executive David Stidham as vice president of marketing. Stidham has more than 10 years of experience in hospitality-industry brand management, sales...