After years of contending with a landlord’s market, restaurant chains large and small with the capital to expand are finding the economic meltdown brings them wide-ranging new power in lease negotiations. ...
Afew years ago, Buffalo Wild Wings executives would scout a new market, only to find rival Don Pablo’s already had snatched up the best real estate. The economy’s free fall, however, has...
NEW YORK —Even in the epicenter of the financial melt-down, smaller operators in New York are stepping up growth plans, finding friendlier landlords, better deals and...
For as long as Jack Polsenberg, chief financial officer of China Grill Management Inc., can remember, his restaurants kept their lights and heating or air conditioning on all night long for the cleaning...
The debate over bailing out Wall Street and voters’ rancor over the finance world’s famously well-paid chief executives have placed a megawatt spotlight on executive compensation, with even the pay policies of...
Danny York doesn’t let stock market declines scare him.It’s been a little more than a year since the chairman of Santa Fe Holding Company took his restaurant company public through a reverse merger with an already...
It’s a buyers’ market out there for well-capitalized and experienced franchisees looking to increase the size of their operations by buying company-owned outlets their franchisors are eager to sell.A rare alignment of...
With consumer confidence at a 16-year low, fewer families dining out and oil prices spiking above $130 a barrel, the time seems right for restaurant companies to retrench, not grow. But executives at such...
When Wendy’s International Inc. appointed its chief financial officer Kerrii Anderson to the chief executive post in 2006, the rise of a numbers guru with no restaurant operations experience appeared to...