CALABASAS HILLS Calif. The Cheesecake Factory Inc. reported Thursday a first-quarter profit decline from a year ago, as the weakened U.S. economy resulted in less guest traffic at its two casual-dining brands and higher operating costs pressured...
IRVINE Calif. Wienerschnitzel is bringing back its “five for $5” deal in June, as well as adding a new 99-cent value menu, chain officials said Tuesday. The chain is also rolling out two new products: a chili cheese dog with nacho sauce for...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. said Wednesday its first-quarter net income slipped 7.8 percent from a year ago as higher costs offset increased revenue at both its 177-unit namesake chain and its 155-unit Pei Wei Asian Diner fast...
MIAMI Areas USA has been awarded a 10-year foodservice contract for the new Indianapolis International Airport, scheduled to open this fall. The contract calls for Areas to operate 10 food and beverage outlets, including two local brands, Giorgio...
DALLAS Brinker International Inc., parent of Chili’s Grill & Bar and other casual-dining chains, swung to a loss of $38.8 million in its March-ended quarter, versus a year-ago profit of $54.6 million, because of charges and losses from its Romano...
LOUISVILLE Ky. Yum! Brands Inc. reported a 31-percent surge in first-quarter profit, as double-digit growth in sales overseas, and especially in China, offset pressures still faced in Yum’s domestic operations. In the United States, Yum’s...
As restaurant chains increase their efforts to target 18- to 34-year-olds, they’re quickly finding the best place to reach them is where they spend much of their time: on the phone. The latest chains to launch mobile or interactive...
Adepressed debt market has changed the borrowing landscape substantially, giving investors, rather than operators or bankers, bigger shares of lending clout.At a time when lackluster sales and blockbuster costs are forcing many cash-strapped...
DALLAS Dave & Buster’s Inc., a 49-unit casual-dining and entertainment chain, reportedly has at least six bidders interested in acquiring the chain. Currently under auction, Dave & Buster’s was put up for sale in February after its owner...
At the research and development facility for OSI Restaurant Partners LLC in Tampa, Fla., Tim Gannon chats easily with Pauly Dauterive and Dave Ellis, two senior members of his R&D team. The trio volleys menu ideas for the company’s upcoming 20th...
