NRN surveyed over 400 restaurant operators for our latest market leader report. Discover how these industry leaders are leveraging data to shape their strategies and drive success.
Brinker International Inc. said late Thursday it had agreed to sell 89 corporate units within its flagship Chili’s Grill & Bar chain to Pepper Dining Inc., an affiliate of private-equity firm Olympus Partners. Terms of the deal were not disclosed...
OAK BROOK Ill. McDonald’s Corp. could sell its Latin American operations for up to $1.8 billion as early as this month, Mark Kalinowski, restaurant analyst for The Buckingham Group, alerted clients Thursday afternoon. The deal would shift ...
SANTA MONICA Calif. Ed LaDou, who dazzled the culinary world with what would become known as California gourmet pizza, died of cancer Dec. 27 at a Santa Monica hospital. He was 52. LaDou first rose to prominence for the innovative pizzas he...
SEATTLE Starbucks Corp. is removing trans fats from its menu items, beginning Jan. 3 in about half the coffee chain's 8,500 U.S. units. The move extends to baked goods, salad dressings and sandwich spreads. The trans-fat-free versions have...
HOLLYWOOD Fla. A company saying it was thwarted from bidding for Hard Rock Café International has sued the restaurant concern’s management for colluding with the Seminole Tribe of Florida, the party whose $965-million offer for Hard Rock was...
GLENDALE Calif. The IHOP family-dining has resurrected its "All You Can Eat Pancakes" deal as a $4.99 special through Feb. 18. Under the deal, customers are served two buttermilk pancakes, eggs any style, hash browns and a choice of pork...
ATLANTA Ga. The largest franchisee of the Church's Chicken chain has agreed to acquire Shoney's Restaurants from an affiliate of Lone Star Funds, the Dallas-based private-equity fund that bought Lone Star Steakhouse & Saloon Inc. late last year. ...
Were it not for the Prospect Park Subway station on Lincoln Road between Ocean and Flatbush avenues in Brooklyn, there would have been little reason for people to linger on the block. Home to a motley collection of...
Cautious optimism is the prevailing sentiment restaurant industry insiders express as they look toward business in 2007—a year of anticipated top-line growth with no shortage of negative pressures on profit.While economic indicators point to...