PHILADELPHIA Aramark Corp. has inked a deal with Shell Oil Co., a subsidiary of Royal Dutch Shell, to provide foodservice for the energy company's 12,000 employees at 11 locations across the United States. Terms of the deal, including the...
JACKSONVILLE Fla. Firehouse Restaurant Group, parent of the Firehouse Subs fast-casual sandwich chain, has promoted Vincent Burchianti to vice president of finance and technology. In addition to overseeing the company's banking, investment...
PHILADELPHIA A Delaware judge approved a $222 million settlement between Aramark Corp., the contract foodservice company based here, and its shareholders in conjunction with the company's $8.3 billion buyout in January. The settlement also...
WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. reported Thursday that it narrowed net losses for its fourth quarter and fiscal year ended Jan. 28, versus the same periods a year earlier, on reduced impairment charges, lease termination costs and...
MARYVILLE Tenn. Ruby Tuesday Inc., the operator or franchisor of 926 namesake casual-dining restaurants, said fiscal 2007 third-quarter earnings dropped 5 percent from the same period of a year earlier on a lease-related charge from a bankrupt...
MONTREAL Previously announced merger talks have ended between Canadian technology suppliers Posera Software Inc. and Squirrel Systems, both of which serve U.S. foodservice operators primarily in the full-service segment. "Although we...
CINCINNATI Ohio Frisch's Restaurants Inc., owner of the 117-unit Frisch's Big Boy chain and franchisee to 34 Golden Corral grill buffet restaurants, said winter weather in its fiscal third quarter ended March 6 reduced sales and earnings from the...
MONTREAL Previously announced merger talks have ended between Canadian technology suppliers Posera Software Inc. and Squirrel Systems, both of which serve U.S. foodservice operators primarily in the full-service segment. "Although we...
GOLDEN Colo. New World Restaurant Group Inc., parent to the Einstein Bros. Bagels, Noah's New York Bagels and Manhattan Bagel chains, filed a registration statement with federal regulators on Tuesday for a $125 million initial public offering of...
PHILIPPINES Golden Arches Development Corp., the McDonald's master franchisee in the Philippines, reportedly will undertake an initial public offering in the second half of this year, with proceeds earmarked for further expansion in its local...