WOODLAND HILLS Calif. Grill Concepts Inc., operator of 30 upscale restaurants under the Daily Grill and The Grill on the Alley brands, said Monday that higher preopening costs, a legal settlement and negative same-store sales led to the company’s...
INDIANAPOLIS The Steak n Shake Co. reported Monday a loss of nearly $10 million for its third quarter as sales fell and impairment charges and restaurant closures eliminated any profit from a year ago. For the quarter ended July 2, Steak n...
MARYVILLE Tenn. This should come as no surprise, but that restaurant that Ruby Tuesday blew up live on its website Tuesday was a fake. The chain had promised to destroy its last old-style restaurant to promote its new look, and it invited...
LOS ANGELES Strong sales of licensed grocery products, cost controls and a traffic-building restaurant promotion helped California Pizza Kitchen post a 3.8-percent increase in second quarter profit despite a difficult economic environment, company...
HOUSTON Landry’s Restaurants Inc., the restaurant and casino operator that is in the midst of a going-private buyout by its chief executive, on Friday reported that its second quarter net income nearly doubled from a year ago. For the...
NEW YORK Bennigan’s franchisees are looking at buying and reopening 30 to 50 of the company-owned units shuttered July 29 when parent S&A Restaurant Corp. filed for Chapter 7 bankruptcy. Rob Carringer, a managing partner of CRG Partners...
LOS ANGELES The Los Angeles County Board of Supervisors is scheduled to consider a proposal next week that would require an estimated 300 chain restaurants in unincorporated areas of the county to post nutrition information on menus and menu...
SPARTANBURG, S.C. Denny's has added two breakfast skillets for $5.99 each as part of its push to protect its turf in the morning daypart. The Southwestern Sizzlin' Skillet features scrambled eggs, bacon, sausage, hash browns, and fire...
INDIANAPOLIS The Steak n Shake Co. said late Thursday that company chairman and well-known activist investor Sardar Biglari was named chief executive of the beleaguered operator-franchisor earlier this week after the resignation of interim CEO...
RICHARDSON Texas Investor Henry Leonard has succeeded Randy Dewitt as chief executive officer of 14-unit Rockfish Seafood Grill LLC following the casual chain’s acquisition by Leonard and a group of private-equity firms. Terms were not disclosed...