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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...
CARROLLTON Texas T.G.I. Friday's here has debuted a three-course menu priced at $12.99, featuring the chain's signature "Indulgent" and "Better For You" appetizers, entrees and desserts. In conjunction with the promotion, the casual-dining...
TOKYO McDonald's Holdings Co. (Japan), a 50-percent-owned arm of McDonald's Corp. and the burger chain’s largest national system outside the United States, reported that its daily sales hit an all-time high last Saturday. Despite struggling with a...
WINSTON-SALEM N.C. In a long-delayed report covering financial results for the first quarter of its current fiscal year 2007, which ends in January, Krispy Kreme Doughnuts Inc. reported a smaller loss compared with the year-earlier quarter despite...
CANTON Mass. Dunkin' Donuts said it added a white version of hot chocolate to its beverage lineup on Wednesday. The White Hot Chocolate joins Dunkin' Donuts' classic Hot Chocolate, both of which are topped with whipped cream. A large White Hot...
MIAMI Fla. Burger King’s second-largest franchisee is selling more than 240 units for $155 million to GSO Capital Partners, a New York-based hedge fund, according to a published report. The seller, Downers Grove, Ill.-based...
SPARTANBURG S.C. The Denny’s family restaurant chain has hired Louis Laguardia, a veteran of Pepsico’s diversity-focused Frito Lay North America operation, to serve in the newly created post of vice president of talent acquisition and diversity. ...
INDIANAPOLIS The Steak n Shake Co., a 460-unit full-service burger chain based here, is adding a line of frozen-yogurt-based milk shakes. The 70-year-old retro chain said the new four-shake array will provide a lower-fat alternative to its...