Roadhouse Grill shuts down stores
The bankrupt Roadhouse Grill is closing its remaining 20 company stores after a loan fell through, leaving it unable to bring its leases current.Congress cuts ethanol incentive, buoying hopes for lower food inflation
Foodservice industry officials are hopeful that Congress' passage this week of the $307 billion farm bill will help ease the soaring food inflation that has battered restaurant businesses.
Red Robin defends CEO compensation, board nominee
Red Robin Gourmet Burgers Inc. is asking its shareholders to ignore a recommendation by ISS, a New York proxy advisory firm, to vote against an equity incentive plan and deny former Sonic Inc. president Pattye Moore a seat on Red Robin’s board of directors.
Baltimore proposes 'crab of honor' program
Baltimore health officials have proposed a new incentive program to recognize restaurants that provide patrons with a sanitary dining environment and nutritional profiles of menu items, and it has local operators feeling, well, a little crabby.
Dunkin' pledges $1M to CIA
Dunkin’ Brands Inc., parent of the Dunkin’ Donuts and Baskin-Robbins quick-service chains, Wednesday pledged $1 million to become a founding donor of the Culinary Institute of America’s “El Sueno,” or The Dream, initiative. The donation, which will be paid over five years beginning in 2009, will support the construction of baking and pastry kitchens at the college’s main campus in Hyde Park, N.Y., and new campus in San Antonio. The CIA has set a goal of elevating the profile of Latin American food.
Ga. legalizes weapons possession in all restaurants
Despite the objections of Georgia’s restaurant industry, Gov. Sonny Perdue signed a bill into law Wednesday that allows residents with concealed-weapons permits to bring their guns into restaurants that serve alcohol.
Jack in the Box fails to dodge the slowdown
Jack in the Box Inc. reported Wednesday a 3-percent drop in its second quarter profit and cited the same challenges plaguing almost all restaurant companies: higher costs and slowing sales.
Foie gras ban overturned in Chicago
The Chicago City Council on Wednesday repealed its ban on the sale of foie gras at restaurants and elsewhere in the city. By a vote of 37-6, the council overturned the ban, which had received worldwide ridicule in food circles.
Taco Bell rings in new value menu
Taking aim at the 99-cent double cheeseburgers offered by quick-service competitors, Taco Bell today launched a new value menu of 10 items priced between 79 cents and 99 cents.
