NEW YORK Some of the largest public casual-dining companies took hits on Wall Street the week of March 12 as two analysts cast doubt on the sector because of low price-point promotions that could eat into margins and possible belt-tightening...
HOUSTON Frustrated in its initial attempt to acquire the New York-based Smith & Wollensky Restaurant Group, Landry's Restaurants Inc. has sweetened its per-share bid to $9.75, 50 cents higher than the bid the high-end steakhouse chain already had...
MINNEAPOLIS Boasting increased sales and a reduced cost structure, Buca Inc., owner and operator of 92 Buca di Beppo restaurants, swung to a fourth-quarter profit of $943,000, or 5 cents per share, versus a net loss of $6.4 million, or 32 cents...
SAN FRANCISCO A Bay Area man was sentenced to 10 years in prison earlier this week on charges of selling about $6 million in fake insurance policies to area restaurants and bars. Richard Peterson, who was sometimes known as Robert James...
MIAMI Burger King Holdings Inc. will have its energy-saving flexible batch broiler in all 850 company-operated stores within the United States and Canada by July 1, executives said at a financial conference in Las Vegas on Wednesday. The new...
ROSEVILLE Calif. Police here are searching for a 48-year-old man known as "Rick" who is suspected of defrauding at least two Roseville restaurant operators while posing as a state inspector for the California Department of Industrial Relations'...
WASHINGTON As stewards of restaurant operations, U.S. senators can barely meet a payroll, according to a report released Tuesday by the U.S. General Accounting Office. The government auditing body found that Capital Hill restaurants overseen by...
NASHVILLE Tenn. Sandra Clingan Smith has rejoined Captain D's Seafood as vice president of marketing, a job she held there from 1995 to 1999. Smith replaces Bob Kendzior, who left the 600-unit chain several months ago. Smith will direct...
