ATLANTA Ga. The largest franchisee of the Church's Chicken chain has agreed to acquire Shoney's Restaurants from an affiliate of Lone Star Funds, the Dallas-based private-equity fund that bought Lone Star Steakhouse & Saloon Inc. late last year. ...
Cautious optimism is the prevailing sentiment restaurant industry insiders express as they look toward business in 2007—a year of anticipated top-line growth with no shortage of negative pressures on profit.While economic indicators point to...
CARROLLTON Texas T.G.I. Friday's here has debuted a three-course menu priced at $12.99, featuring the chain's signature "Indulgent" and "Better For You" appetizers, entrees and desserts. In conjunction with the promotion, the casual-dining...
LAGUNA HILLS Melt Inc., operator and franchisor here of the Melt Gelato & Crepe Café fast-casual chain, has branched into the Midwest with the opening of a franchised unit in St. Louis, Mo. The 3-year-old brand now consists of 16 stores in four...
WINSTON-SALEM N.C. In a long-delayed report covering financial results for the first quarter of its current fiscal year 2007, which ends in January, Krispy Kreme Doughnuts Inc. reported a smaller loss compared with the year-earlier quarter despite...
MIAMI Fla. Burger King’s second-largest franchisee is selling more than 240 units for $155 million to GSO Capital Partners, a New York-based hedge fund, according to a published report. The seller, Downers Grove, Ill.-based...
