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Lane of Arabia Guides Saudi Chains’ Growth

Industry veteran Lane Cardwell won’t discuss his recent interim stint as CEO of Ruby Tuesdays, but his next role takes him far afield.

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Will Tax Returns Turn Around Sad Spring Comps?

A whole herd of scapegoats seems to run free around earnings season, and one of the biggest this quarter has been slow tax returns.

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Here Come the Luxembourgers! JAB To Buy Panera at $315 a Share

Most people outside the restaurant industry haven’t heard of Joh A. Benckiser, but that’s about to change.

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Panera Buyout Rumors Not Out of the Realm of Possibility, Despite High Valuation

Bloomberg News lit up the restaurant industry today with a report that Panera Bread is exploring strategic options including a possible sale of the 2,000-plus unit chain.

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Darden Doubles Down on Casual Dining With Cheddar’s Acquisition

Darden picked up its first brand in five years with the acquisition of Cheddar’s Scratch Kitchen, doubling down on casual dining.

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Oak Hill Capital Partners Buys into Next Phase of Checkers & Rally’s

Private equity firm Oak Hill Capital Partners bought Checkers & Rally’s Restaurant Inc form Sentinel Capital Partners for $525 million.

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In Boardroom Shuffle, Puzder Exits CKE, KFC’s Marker Takes Over

A pair of high-profile moves are shaking things up at CKE and KFC.

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La Madeleine's Seeks Growth via Refranchising

La Madeleine's French Bakery & Cafe, the French-themed bakery concept under the Le Duff umbrella is embarking on a major refranchising effort led by the Cypress Group.

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RBI Buying Authentically-Positioned Chicken Leader Popeyes

The rumors proved true, Restaurant Brands International is set to acquire Popeyes Louisiana Kitchen in a deal worth $1.8 billion.

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$1.1B Opportunity: Turning Infrequent Diners into Regulars

How much would turning an infrequent customer into a regular affect the bottom line?

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Julia Stewart Out, Asset-Light Model in Question

DineEquity (NYSE: DIN) CEO Julia Stewart is out.

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Forward-Thinking Panera and Reactionary Buffalo Wild Wings

Earnings releases from Panera (NASDAQ: PNRA) and Buffalo Wild Wings (NASDAQ: BWLD) show the stark difference between forward-thinking innovators and status quo.

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‘Simple’ Growth Brand Wingstop Opens Location 1,000

Dallas-based Wingstop has opened location No. 1,000, a major milestone for a brand defined by its simplicity.

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Bob Evans: Out of the Restaurant Business, Back to Farming

Bob Evans Restaurants and BEF Foods are splitting in a major move that allows the company to focus on its high-margin consumer packaged good business.

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Kasriel Says Too Early to Forecast a Recession in 2017

However, investor expectations of U.S. economic growth will be disappointing in the first half of 2017 predicts economist Paul Kasriel based on his analysis of the slowdown in the growth of commercial bank credit and the monetary base in December 2016.

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