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Starbucks Down on Lower March Sales

07.01.2012, 17:05

Starbucks Corp. stock fell Thursday after the Seattle-based coffee chain reported March sales that were slightly below expectations.

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CIBC World Markets' John Glass said a "downshift" from more rapid sales increases sales shouldn't surprise investors. He noted that Starbucks shares are down 20 percent from their December highs.




50 Years Later, McDonald's Influence Felt

13.12.2011, 09:51

Open a newspaper and find stories about people suing McDonald's because its food supersized them, its coffee burned them and its fries were secretly cooked in beef-flavored oil.

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Quality Dining Announces Closing of Going-Private Transaction

03.11.2011, 17:40

Quality Dining, Inc. announced today the completion of its merger with QDI Merger Corp., which will result in Quality Dining being a privately held company.

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At the special meeting of shareholders, approximately 77% of the issued and outstanding shares of Quality Dining common stock that were entitled to vote approved the transaction.




California Pizza Kitchen Reports Preliminary First Quarter Results

12.10.2011, 08:50

California Pizza Kitchen, Inc., (Nasdaq:CPKI - News) announced today that revenues increased 11.9% to $110.3 million for the first quarter versus $98.6 million in the first quarter of 2008. Comparable store sales increased approximately 9.3% compared to 7.2% in the first quarter a year ago.

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Pizza Hut restaurants sold for $59 million

15.09.2011, 20:27

Realty Income Corp. is paying $59 million to buy 89 Pizza Hut restaurants from NPC International Inc., an Overland Park, Kan., company.

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The restaurants have, on average, about 3,000 leasable square feet situated on an average lot size of approximately 37,000 square feet, with an average purchase price for each property of approximately $663,000, RIC said Friday. The 89 properties are located in 13 states.




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More diners pull up seats as local restaurant industry continues to grow

2011.08.21, 19:56

Minnesota Restaurant Association, Minnesota Hotel & Lodging Association Name 2006 Restaurateur, Hotelier of the Year

2011.07.02, 11:03

Red Robin restaurant lays third egg in Houston

2011.06.11, 23:11

Starbucks June same-store sales rise misses Street view

2011.05.12, 13:15

Bowls' recipe: Cereal fixed the way customers like it

2011.04.01, 09:42

McDonald's Announces Oversubscription

2011.03.03, 09:35

Wendy's taps Grube to run Baja Fresh

2011.02.11, 17:20

Italy: U.S. Must Take Responsibility for Iraq Death

2011.02.09, 20:21

Rick's Retaliates against Protesters, with Burgers and Bikinis

2011.01.21, 14:45

International Hotel/Motel & Restaurant Show Design Seminars

2010.10.05, 11:03