NEW YORK Private equity firm Starwood Capital Group has purchased 16 high-end restaurants from Stephen Hanson for about $150 million, according to the New York Post. The deal includes such high-profile operations here as Blue Water Grill, Atlantic...
NEW YORK —Restaurateur Jeffrey Chodorow has a big beef with The New York Times’ restaurant critic Frank Bruni. Stung by a less-than-favorable review of his newly opened Kobe Club steakhouse here, Chodorow assailed...
Blame it on Wall Street. Expectations of the financial community have forced most corporate leaders to focus their attention on meeting quarterly numbers. Looking ahead to the next fiscal year qualifies as long-term strategy in many corporate...
SAN FRANCISCO —Oral arguments are scheduled to be heard by the California Supreme Court here this week on a lawsuit that could limit the liability of employers—and potentially save them millions of...
Searching for a way to boost sales and satisfy the demand for fast, no-hassle food, some operators are adopting sophisticated online ordering systems that promise to make takeout seamless for both restaurant and customer.One model is the website...
In 1989 the Berlin Wall fell and the Eastern Bloc opened up. Prague quickly became known as the “Paris of the East” for its stunning light and beauty and for its appeal to educated expatriates, among them, Nils Jebens. Having come...
NEW YORK Smith & Wollensky Restaurant Group Inc. has agreed to be purchased by Patina Restaurant Group LLC in an all-cash merger valued at about $79.6 million, or $9.25 per share. The transaction comes about a month after Landry’s Restaurant Group...
DENVER Ken Keymer has been hired to succeed Debra Koenig as chief executive officer of Vicorp Restaurants Inc., parent here of the Village Inn and Bakers Square family restaurant chains, according to The Denver Business Journal. Keymer...