SCOTTSDALE Ariz. P.F. Chang's China Bistro Inc. recorded a 5.5-percent dip in fourth-quarter profit from a year earlier, as equity-based compensation expense and increased costs negatively affected the company's bottom line. Still, P.F...
LOUISVILLE Ky. An E. coli outbreak at Taco Bells in the Northeast lowered same store sales for all domestic restaurants operated by franchisor Yum! Brands Inc. by 2 percent for the fourth quarter ended Dec. 30, the company indicated. Comparable...
OVERLAND PARK Kan. Applebee’s International Inc. said it has formed a committee of independent directors to explore the possibility of selling the company or pursuing other “strategic alternatives,” including a recapitalization. The news...
SEATTLE Organic To Go Inc., parent company to 12 namesake fast-casual cafes and an additional 45 retail locations selling certified organic and natural soups, salads and sandwiches, completed a reverse merger to go public Tuesday. In its...
NEW YORK www.nrn.com, completing an overhaul that involved more than a year of research, redesign and rebuilding. —Nation’s Restaurant News has pushed the power button on a new version of its website, The newly reformatted site...
EDMOND Okla. The new owners of casual-dining company Eateries Inc., parent of the Garfield's, Garcia's and Pepperoni Grill chains, have received $6.5 million in financing from Praesidian Capital Investors to support the acquisition, the companies...
LONDON —In the wake of a compensation controversy, contract giant Compass Group PLC, based here, alerted shareholders that pay packages for top executives would be tied more closely in the future to corporate performance. The policy...
TAMPA, FLA. —OSI Restaurant Partners Inc. disclosed last month details of the pending $3.63 billion buyout of the company, which will include debt financing of nearly $2.7 billion and cash or equity...
An amendment to a federal law intended to prevent identity theft by requiring retailers to mask credit card numbers and expiration dates on sales receipts has spurred a rash of lawsuits against several prominent restaurant companies.In-N-Out...
LOUISVILLE Ky. Taco Bell parent Yum! Brands Inc. said it will scrap its so-called poison-pill defense against a takeover, a move described by the company as an enhancement of its corporate-government policies. ...