OAK BROOK Ill. McDonald’s Corp. reported on Thursday another global surge in monthly same-store sales, which it said was driven by strong results in all of its regions. Sales in the United States were boosted by value-centric menu items, breakfast...
LOS ANGELES Operators of the uWink techno-entertainment dining concept have raised $10.4 million in equity financing to fund new restaurant development and other capital needs. Company officials hoped to raise up to $15 million in the...
ATLANTA Focus Brands, franchisor of Moe’s Southwest Grill and four other quick-service brands, said it has promoted several executives of its chains to new corporate posts. The company said the realignment would facilitate expansion of the...
CAPITAN N.M. Ed Tinsley III, former chairman of the National Restaurant Association and owner of the K-Bob’s Steakhouse brand, said today he would seek the Republican nomination for the 2nd Congressional District here. The seat, which...
GLENDALE Calif. IHOP Corp. said eight executives of Applebee’s International Inc., including president and chief executive Dave Goebel, will leave the company after its $2.3 billion acquisition by the pancake specialist, currently slated for Nov...
NEW YORK A Maryland restaurateur is in hot water with the Federal Communication Commission after he was accused of using a cell phone jamming device to end outgoing phone calls from employees so they would focus on customers, the New York Times...
MIAMI Burger King Corp. has appointed a 33-year company veteran to oversee the chain’s restaurant development in Latin America and the Caribbean. Armando Jacomino, who started out as a Miami restaurant crewmember in 1970, was elevated to president...