SCOTTSDALE Ariz. Kahala-Cold Stone’s board of directors has exercised an option to end its relationship with chief executive Doug Ducey to enable Kahala founder Kevin Blackwell to take the reins of the franchisor of 14 brands, including Blimpie...
WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. looks today like the embattled company it was two years ago, with newly bankrupt franchisees and a most recent quarter of wider net losses blamed on large impairment charges and declining sales. ...
CHARLOTTE N.C. Randy Kibler has been named chief executive of Bojangles’ Restaurants Inc., which last week was acquired by franchisee Jerry Richardson and private-equity firm Falfurrias Capital Partners. Kibler replaces Joe Drury, who has...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. entered into a six- year, $150 million credit agreement this month, of which it used $15 million to repay the outstanding balance on its previous credit facility. The company said in...
CARPINTERIA Calif. CKE Restaurants Inc. has decided to edit a TV spot promoting the flat-bun Patty Melt Burger at its Hardee’s and Carl’s Jr. restaurants following complaints that the sexy teacher depicted in the commercial was demeaning to...
SCOTTSDALE Ariz. Cold Stone Creamery has named Dan Beem president, succeeding Jim Flaum, who left recently to work on his family-owned Teakwoods Tavern & Grill. Beem most recently was Cold Stone’s vice president of profitability, and he has...
LAKEWOOD Colo. Bagel specialist Einstein Noah Restaurant Group Inc. has hired Mike Serchia away from the regional Coffee Bean & Tea Leaf beverage chain to serve as vice president of human resources. Los Angeles-based Coffee Bean & Tea Leaf...
NEW YORK The city's Department of Health and Mental Hygiene characterized yesterday's federal court dismissal of the agency's controversial menu-labeling rule as a temporary setback that would keep calorie information off local menus for just "a...
HOUSTON —Acclaimed chef Robert Del Grande, business leader Lonnie Schiller and their longtime financialally Redstone Capital Partners, after regaining control of the seminal fast-casual chain Cafe...
