TAMPA Fla. Sam Seltzer’s Steakhouses of America Inc. filed for Chapter 11 bankruptcy protection on Friday, obtaining a $1 million credit line to support it during its restructuring. The nine-unit operator said in filings that it was forced to seek...

Why wasn’t my chain or company included?If a chain did not generate at least $448.6 million in domestic systemwide sales in its latest year—the result attributed to the No. 100 chain in this year’s study—it will not appear in any of the Top 100...

SCOTTSDALE Ariz. Kona Grill Inc., owner of 19 grill-sushi casual-dining restaurants, rejected last month a going-private buyout offer from investor Mill Road Capital LP, according to a late Thursday filing with the Securities and Exchange...

News

CARPINTERIA Calif. CKE Restaurants Inc. posted an 8.3-percent jump in its first quarter profit as menu price increases, cost control measures and a large share repurchase plan helped to offset the slowed sales and the growing operating and...

ORLANDO Fla. Darden Restaurants Inc., operator of 1,702 casual-dining restaurants, said it recorded a higher fourth quarter profit on a 25-percent surge in total sales that was driven by flagship Olive Garden's strong performance. For the...

OKLAHOMA CITY Sonic Corp. on Tuesday reported its net income fell 16.5 percent in the third quarter as "lower-than-expected sales" and rising costs offset a slight increase in revenue. Sonic, the operator or franchisor of more than 3,400...

NEW ORLEANS Raving Brands Inc. of Atlanta said today it has completed the sale of its 48-unit PJ’s Coffee division to New Orleans Roast LLC and New Orleans Brew LLC of Louisiana. Terms of the deal, first announced in March, were not...

NEW YORK NexCen Brands Inc., parent of Maggie Moo's and other quick-service brands, said it has entered into an agreement with its lender that gives it short-term access to cash in order to continue operating as it works on restructuring the terms...