NASHVILLE Tenn. C. Ronald Petty, president of development for Del Taco and Captain D’s parent Sagittarius Brands, is stepping down to pursue other investment opportunities, officials said Monday. No successor has been named. Petty, whose...

FERNDALE Mich. Burger King franchisees Clyde Culp and Rodger Head have teamed up with the private-equity firm Kinderhook Industries PLC to acquire BD’s Mongolian Grill, a privately held Mongolian barbecue concept with 33 outlets. The sellers were...

MEMPHIS Tenn. The largest franchisee of the Captain D’s quick-service seafood chain has filed for Chapter 11 bankruptcy protection, said a spokeswoman for the company, Serve Holdings LLC. The Memphis-based company’s largest creditor...

JACKSONVILLE Fla. Khalil Elbanna, a longtime Shoney’s franchisee in Florida and Georgia, is suing Nashville, Tenn.-based Captain D’s Seafood for alleged racial discrimination. The lawsuit, filed in U.S. district court here Friday, alleges...

NASHVILLE Tenn. Captain D’s Seafood Kitchen is set to break a new TV campaign this fall as part of the 600-unit chain’s reimaging efforts, which began in August 2006. The campaign, created by o2 ideas of Birmingham, Ala., features a stop...

MT. JULIET Tenn. Sagittarius Brands Wednesday launched the first restaurant to bundle its two quick-service brands, Captain D’s Seafood Kitchen and Del Taco, and intends to follow the location with a second dual-brand outlet in the company’s...

INDIANAPOLIS —An investor group that includes the parent of Lone Star Steakhouse & Saloon disclosed last month that it had amassed a 9.5-percent stake in family-dining company The Steak n Shake Co. with intentions to “maximize...