ATLANTA El Pollo Loco fast-casual and Charlie Brown’s steak-house chains. —Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain for $28 million to...
ANN ARBOR Mich. The final result of Domino's Pizza Inc.'s Dutch auction tender offer was undersubscribed, clearing the way for a possible special dividend to investors as early as next month or further share repurchases as the company is still...
Restaurant industry bellwethers reported negative same-store sales trends for February and blamed the severe winter weather that much of the country experienced for chilled sales.Applebee’s International Inc., CBRL Group Inc. and OSI Restaurant...
OVERLAND PARK Kan. Although it needs an additional six to eight weeks to conduct a financial review, Applebee's International Inc. said it had instructed its financial and legal advisors to contact potential buyers "in an organized process" as...
SYRACUSE N.Y. Citing more favorable interest rates and needed capital to fund expansion, Carrols Restaurant Group Inc. said Monday it entered into a new $185 million credit facility. The funds will be used to repay all outstanding debt...
Portland Maine Two state legislators are seeking to introduce a bill that would exempt restaurants from a tax on meals provided free to staffers, according to press reports. Two state legislators are seeking to introduce a bill that would...
NEW YORK B.R. Guest, as a new entity called B.R. Guest LLC, the New York Post reported. —In deals valued at $150 million, private-equity firm Starwood Capital Group has purchased 16 high-end...
LITTLETON, COLO. —Champps Entertainment Inc., operator or franchisor of 61 namesake dinnerhouses, said its letter of intent to be acquired for $75 million by its management and an affiliate of...
DALLAS Brinker International Inc. said unfavorable winter weather chilled February sales at all its chains, resulting in a blended same-store sales decline of 4.9 percent for the four weeks ended Feb. 28. Brinker's flagship Chili's Grill &...
OAK BROOK Ill. McDonald's Corp. reported Thursday a global same-store sales gain of 5.9 percent for February, which was driven mainly by strong sales results in Asia and Europe. At McDonald's restaurants in the United States, February same...
