Myriad Group braves recession with Corton debut
Myriad Group braves recession with Corton debut
Dec 08, 2008
NEW YORK Myriad Restaurant Group is braving the turbulent business climate with an ambitious reinterpretation of a once-trendsetting restaurant. —Even as other local fine-dining operators...
Back to the Future
Back to the Future
Dec 08, 2008
The best way to predict the future, someone once observed, is to invent it.Put another way, if you’re a restaurateur looking to design the next hot concept, all you really need to know is what consumers will want before they know it themselves and...
Mrs. Fields’ co-CEOs bring multitasking to the C-suite
Mrs. Fields’ co-CEOs bring multitasking to the C-suite
Dec 08, 2008
SALT LAKE CITY —While Michael Ward, chief executive of Mrs. Fields Famous Brands LLC, spent much of his time earlier this year in bankruptcy court and with other lawyers as the snack company...
Spicy Pickle puts stock in Bread Garden chain
Spicy Pickle puts stock in Bread Garden chain
Dec 08, 2008
In 2007, Denver-based Spicy Pickle enjoyed a growth spurt that more than doubled its unit count from 16 to 36 locations. But when tightened credit markets reduced its growth goal by 60 percent this year, Marc Geman, chief executive at parent...
Uncertain outlook has analysts on the fence about ’09 forecasts
Uncertain outlook has analysts on the fence about ’09 forecasts
Dec 08, 2008
NEW YORK —Typically, this time of year is filled with brisk holiday-related sales and upbeat forecasts for the year ahead. Given the difficult and uncertain economic environment, however, many...
Airport security rules call for stepped-up food safety methods
Dec 08, 2008
Last year when chef Todd Richards was planning a new restaurant, One Flew South, he and his partners wanted to include a sushi bar. The bar would be a dining room showpiece, and its food would help accent the restaurant's "southernational" blend...
S&P cuts credit ratings of Sbarro, El Pollo Loco
Dec 07, 2008
NEW YORK Standard & Poor’s Ratings Services cut the credit ratings of two restaurant companies, Sbarro Inc. and El Pollo Loco Inc., further into junk status last week on concerns the companies could break lending agreements. The S&P...
Einstein Noah plans low-cal breakfast 'wedge'
Dec 07, 2008
LAKEWOOD Colo. Einstein Noah Restaurant Group is planning a new line of low-calorie, handheld breakfast items to be launched after the first quarter of 2009, chief operating officer Dan Dominguez said. Each “wedge” will contain fewer than...
Yum forecasts 10% jump in EPS for '09
Dec 05, 2008
LOUISVILLE Ky. Yum! Brands Inc., parent to Taco Bell, KFC, Pizza Hut and other quick-service brands, said this week it expects per-share earnings to increase at least 10 percent in 2009 and reiterated its prediction for a 12-percent jump for the...
O'Charley's amends credit facility
Dec 05, 2008
NASHVILLE Tenn. O’Charley’s Inc., operator or franchisor of 371 restaurants under the O’Charley’s, Ninety Nine Restaurant and Stoney River Legendary Steaks brands, said Friday it had amended its revolving credit facility to improve the company’s...
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