OVERLAND PARK Kan. As investors, analysts and industry watchers continue to speculate on the future of Applebee's International Inc., the company filed additional proxy materials with regulators Wednesday that pegged the brand's value at $4.7...
LOUISVILLE Ky. An E. coli outbreak at Taco Bells in the Northeast lowered same store sales for all domestic restaurants operated by franchisor Yum! Brands Inc. by 2 percent for the fourth quarter ended Dec. 30, the company indicated. Comparable...
WASHINGTON The foodservice industry claimed a modest victory when the U.S. House of Representatives' Ways and Means Committee passed a federal minimum wage compromise bill that included several tax breaks for restaurants and other small businesses...
MARYVILLE Tenn. Ruby Tuesday Inc. has granted franchise rights for 10 units in Los Angeles to RT LA Group LLC, a holding of industry veteran Troy Saldana and two newcomers to the trade. The restaurants are scheduled to be developed during the next...
OVERLAND PARK Kan. Applebee’s International Inc. said it has formed a committee of independent directors to explore the possibility of selling the company or pursuing other “strategic alternatives,” including a recapitalization. The news...
SEATTLE Organic To Go Inc., parent company to 12 namesake fast-casual cafes and an additional 45 retail locations selling certified organic and natural soups, salads and sandwiches, completed a reverse merger to go public Tuesday. In its...
ATLANTA Church's Chicken, the 1,600-unit quick-service operator based here, said Tuesday that it had acquired 10 Popeyes Chicken and Biscuits locations in the Rio Grande Valley of south Texas. The company said it was part of its strategy to appeal...
