Investor discloses Steak n Shake stake, plans to consider other deals

Jun 26, 2007

INDIANAPOLIS An investor group that includes the parent of Lone Star Steakhouse & Saloon disclosed Monday that it has amassed a 9.5-percent stake in family-dining operator and franchisor The Steak n Shake Co. with intentions to “maximize...

Culinary innovation cheered at MenuMasters ceremony

Jun 11, 2007

CHICAGO National Restaurant Association Restaurant, Hotel-Motel Show. —More than 350 restaurant operators toasted, and sampled, their peers’ creativity at this year’s MenuMasters awards ceremony at the Drake Hotel here during...

NRN selects winners of the 2007 MenuMasters Awards

Mar 19, 2007

CHICAGO —The restaurant industry never stands still, and one of its primary drivers is culinary creativity—like that exhibited by the restaurants and individuals selected by Nation’s Restaurant News as its 2007 MenuMasters Award...

Seafood vets spawn new fast-casual concepts

Mar 12, 2007

DALLAS —The seafood segment, long dominated by casual-dining and fine-dining formats and recently appearing to trend up-market along with the soaring cost of fish, is seeing innovation from fast...

End Quotes: Industry waits to see if Davoudpour can work his turnaround magic at Shoney’s

Jan 22, 2007

A few weeks ago, veteran Atlanta casual-dining and quick-service operator David Davoudpour closed a deal to buy 282-unit Shoney’s, the 50-plus-year-old brand that pioneered all-you-can-eat salad bars and breakfast buffets in the...

Shoney’s new owner Royal Capital eyes brand revival

Jan 15, 2007

NASHVILLE , TENN. Shoney’s is being positioned to rebuild under a new ownership team headed by 28-year foodservice veteran David Davoudpour and the...