CARPINTERIA Calif. Carl's Jr. parent CKE Restaurants Inc. said it has agreed to pay $77.3 million, or $18.97 per share, for all 4.1 million shares of its stock that are held by the hedge fund Pirate Capital LLC. CKE said it would use its...
CULVER CITY Calif. The 300-unit Sizzler chain has named Audrey Baldwin has its new senior director of menu development and product innovation. She replaces Dudley McMahon, who left the company to pursue other interests. Baldwin was...
LAKE FOREST Calif. Souplantation said it is "working around the clock" to pinpoint the source of an E. coli contamination that has sickened at least seven customers of the soup and salad chain's unit in the Foothill Ranch area here. Three...
LOS ANGELES Calif. A newly formed high-end hotel company has retained famed Washington, D.C., chef Jose Andres to develop and oversee the foodservice operations of its properties, starting with the newly acquired Le Meridien in Beverly Hills. ...
NASHVILLE Tenn. Shoney's Inc. has named Wendy's veteran Hannibal Myers as its chief development officer in a management makeover intended to jump-start expansion. Other additions to the family chain's home-office staff include Jim...
At a time when many restaurants are scrambling to develop fresh and innovative ways to snag customers, a number of chains continue to look to their tried-and-true promotions to spark a quick boost in sales and customer traffic.It’s not as if...
