Hospitality group SBE has acquired a significant equity stake in the Umami Restaurant Group in a strategic partnership that will join two of Los Angeles’ hottest restaurant operators, officials announced Friday...
Darden Restaurants Inc. reported a 19-percent increase in net earnings for the fourth quarter Thursday and projected that fiscal 2012 would be “somewhat stronger," than 2011 as the economy continued to recover gradually...
NRD Holdings LLC, an Atlanta-based franchisee of quick-service restaurants, has diversified its portfolio with the acquisition of 23 Domino’s Pizza outlets in Florida Thursday...