OSI Restaurant Partners LLC, operator of the Outback Steakhouse chain, has reached a settlement with T-Bird Nevada LLC, one of its largest franchisees, over a loan that was the subject of an Outback lawsuit against T-Bird two years ago...
Darden Restaurants Inc. officials said they plan to emphasize affordability, a new core menu and more remodeled restaurants as part of the company’s efforts to improve lagging sales at its Italian Olive Garden concept...
A charity-based licensing firm won the bid Wednesday for the intellectual property rights of the shuttered Tavern on the Green restaurant, enabling it to expand the iconic Central Park New York establishment into a chain...
P.F. Chang’s China Bistro Inc. chief operating officer Richard Tasman is leaving the company at the end of the fiscal year, according to filings with the Securities and Exchange Commission this week...
Brad Blum, former Burger King chief executive-turned-activist investor, called for a new board of directors for the beleaguered Cosí chain Tuesday, offering himself as chair and chief executive for a first-year salary of $1...
The Southern California-based Pat & Oscar’s chain filed for Chapter 7 bankruptcy last week, closing the three remaining corporate locations on Friday...
Darden Restaurants Inc., operator of Olive Garden, Red Lobster and additional casual-dining chains, is planning an aggressive growth strategy for the next five years, which may include the acquisition or development of new brands...
