NEW YORK —The restaurant industry’s merger-and-acquisition market is heating back up after a near blackout on buyouts caused by the credit crisis and the slumping economy. Combine two recent multi-million-dollar deals for Church...
ATLANTA Hooters of America Inc. will offer a half-pound cheeseburger with fries for $5.99 every Monday, beginning Jan. 4, in a “More Than a Mouthful” Monday promotion. The nationwide program, which a company spokeswoman said on Thursday is about a...
Even though restaurateurs and their customers felt the pressure to save more and spend less this past year, both groups maintained their appetites for giving money and donating time to charitable causes. Philanthropic activity in the restaurant...
PASADENA Calif. Tam O’Shanter Inn opened in Los Angeles in 1922, the company that later gave birth to the Lawry’s The Prime Rib and Five Crowns restaurants began a tradition of hiring women to serve food—a bold move given the role was more...
DALLAS Facebook and Twitter, are changing the rules of business, said participants in a discussion on communication strategies during the 50th annual Multi-Unit Foodservice Operators conference. ...
They say what goes around, comes around, and casual-dining chains are working to make that true.After years of losing customer traffic to less expensive quick-service and fast-casual competitors, many of whom stole consumers by unveiling more...
From mom-and-pop shops and venerable independents to new outposts of proven chains, in the last year restaurants have been dropping like flies.But while it might seem that closure after closure is an indication that the entire industry is about to...
SEATTLE Hooters franchisee Altium Development Group is set to open two units in the Seattle area that will feature a card room for table games such as Texas Hold’em, blackjack or mini baccarat. One of the two units, scheduled to open Sept. 24 in...