SALES FORECASTAs the nation’s economy continues to sputter, restaurateurs in New England say they expect to see sluggish sales growth in 2008, much the same as they did a year ago, and will be happy just to hold their own by implementing such...
DUBLIN Ohio Shares of Wendy’s International Inc. fell to a 52-week low on Friday after the company reported disappointing preliminary fourth-quarter same-store sales results, including its first quarterly drop in more than a year in corporate same...
BOCA RATON Fla. Sun Capital Partners Inc. said it has completed the $80 million purchase of the 73-unit Smokey Bones Barbeque & Grill chain from Darden Restaurants Inc. As expected, Smokey Bones chief executive Ian Baines was retained in...
BOSTON UFood Restaurant Group Inc., a nine-unit fast-casual chain headed by foodservice veteran George Naddaff, has completed a reverse merger and began trading over the counter as a public company. Launched in 1997 as KnowFat! Lifestyle...
CONCORD Calif. Round Table Pizza has brought back the Big Vinnie, an extra-large, New York-style pizza priced at $12.99. Available for a limited time, the Big Vinnie includes the option of a pepperoni topping with a three-cheese blend...
VANCOUVER Wash. Take-and-bake pizza chain Papa Murphy’s has added a Chicken Bacon Artichoke pie to its deLITE line of reduced fat and calorie pizzas. The pizza includes bacon, grilled chicken, spinach, marinated artichoke hearts, shredded...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported negative same-store sales at both of its main concepts, P.F. Chang’s China Bistro and Pei Wei Asian Diner, for the fourth quarter ended Dec. 30. The company also said that despite a 16...
IRVINE Calif. Taco Bell plans to run print ads that tout how the items on its newly expanded Fresco reduced-fat menu stack up against “popular hamburgers,” the chain indicated Friday. The expanded Fresco lineup is being showcased in part to...
IFMA GOLD & SILVER PLATEJON LUTHER, chairman and chief executive of Dunkin’ Brands Inc., received the 2007 Gold Plate Award for achievement in foodservice. He was honored for his role in developing the Dunkin’ Donuts chain into a franchise system...
While the tightened credit markets slowed deal making in many industries during the later half of 2007, the restaurant sector continued to close deals both large and small largely unabated. The final months of the year—which saw the...
