ATLANTA Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain to a holding of Trimaran Capital Partners, the private-equity owner of the Charlie Brown’s steakhouse group, for $28 million.The deal is...
Reports about the decline of traditional radio as an effective advertising medium have not been greatly exaggerated. The news just hasn’t reached the restaurant industry, which still considers radio alive and kicking.Overall radio revenue was flat...
NEW YORK Marble Slab Creamery Inc., a 336-unit system, and MaggieMoo’s International LLC, whose franchise system has 184 units, to consolidate the No. 2 and No. 3 brands, respectively, in the premium hand-dipped ice cream category under one owner...
NEW YORK Well-known activist investor Daniel S. Loeb and the fund he manages, Third Point LLC, based here, disclosed a 7-percent stake in IHOP Corp., the parent company to the mostly franchised, 1,302-unit family-dining chain. While Third Point...
Hospital chefs and nutrition specialists nationwide say the dosage of healthful fare they are offering patrons is on the rise as patients, employees and visitors take wellness to heart.According to a recent study by the National Society for...
LAKE FOREST CALIF. Johnny Rockets concept foresee a streamlined express variant becoming a keystone to a new phase of rapid growth for the 1940s-malt-shop-style chain of full-service burger specialty restaurants. —The NFL team...
