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...
JACKSON Miss. One of the state's biggest insurance carriers has agreed to reconsider more than 35,000 commercial and homeowner claims filed in the aftermath of Hurricane Katrina and award or adjust payments accordingly, the Mississippi Insurance...
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...
LOS ANGELES Three former franchisees of Moe's Southwest Grill are seeking $3.9 million in damages from the fast-casual chain's Atlanta-based franchisor, Raving Brands, for alleged fraud, violations of state franchise investment laws and unlawful...
CHICAGO The Women's Foodservice Forum has named former chairwoman Pat Anton as the 2007 recipients of its 2007 Trailblazer. Lynette McKee, vice president of franchising and new business development at Dunkin' Donuts parent Dunkin' Brands Inc., was...
WILBRAHAM Mass. Friendly Ice Cream Corp., which owns or franchises than 510 restaurants throughout the Northeast, has appointed Kevin McNamara to the newly created position of senior director for organization and management development. ...
SEATTLE Sir Paul McCartney will record the first album to be released by Starbucks Corp.’s new co-owned music label, which will distribute its compact disks in part through the coffee chain’s outlets, the company told shareholders Wednesday. ...
BOSTON With a dissident investor demanding changes and the home office considering a sale or other strategic alternatives, a group of 39 Friendly’s franchisees sent a letter to shareholders of the family-dining chain’s parent company on Wednesday...
DUBLIN Ohio Wendy's International Inc. upped its full-year, per-share earnings guidance by 9 cents Tuesday, after it completed an almost $300 million share repurchase that will reduce the company's share count by about 9 percent. The...
