TAMPA Fla. OSI Restaurant Partners Inc., parent company to Outback Steakhouse, Carrabba’s Italian Grill and seven additional concepts, recorded a 41.4-percent plunge in profit for its third quarter ended Sept. 30, as charges for impaired assets...
SCOTTSDALE Ariz. Peter Piper Inc., operator and franchisor of the namesake pizza chain headquartered here, has been acquired by ACON Investments, a Washington, D.C.-based private-equity firm that invests primarily in businesses serving the U.S...
OVERLAND PARK Kan. Applebee’s International Inc. reported higher-than-expected same-store sales results for December and the fourth quarter, prompting the company to say that its fourth-quarter, per-share earnings would be “at or slightly above”...
DENVER Quiznos has appointed former Burger King chief executive Greg Brenneman as its president and chief executive, simultaneous with his private-equity firm’s purchase of an undisclosed stake in the sandwich-shop franchisor. Brenneman...
MIAMI Burger King Corp. has awarded exclusive development rights for that country to Burger King Japan Co. Ltd., a joint venture between Tokyo-based Lotte Co. Ltd. and Revamp Corp., also based in Japan. ...
My company recently wrapped up a year of detailed research into best practices of more than 450 high-performing multiunit managers, or MUMs, across various industry segments. I’ve compiled those key learnings into a new book on multiunit...
Talk about starting at the very bottom: Michael J. Pivoney’s first job in a restaurant was sweeping the floor at a local hot dog shop. Of course, he was only a sixth-grader at the time and not the least bit interested in attaining a...