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BUSINESS
November 11, 1987 | Associated Press
The Pillsbury Co. said that it will eliminate 60 positions at the Dallas headquarters of its S&A Restaurant Corp. as the subsidiary explores the sale of three restaurant chains. The cuts from the 435-person work force at S&A headquarters are indirectly related to the decision to put the developmental restaurant "concepts" of Bay Street, Key West Grill and Innovative Food Services up for sale, said Johnny Thompson, Pillsbury's communications director.
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BUSINESS
February 9, 2014 | By Stuart Pfeifer
People like rich, tasty food - and sweet, smooth desserts. That's a recipe the Cheesecake Factory Inc. has been following for more than three decades. The company's roots can be traced to the home kitchen of Evelyn Overton, who ran a small baked goods business from the family home in Detroit in the 1940s. She and her husband, Oscar, later moved to California to launch a bakery. In 1978, their son, David, opened the first Cheesecake Factory restaurant in Beverly Hills. "I didn't know what I was doing," David Overton told The Times in a 2011 interview.
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BUSINESS
May 13, 1999 | Greg Hernandez
Three Irvine-based restaurant chains owned by South Carolina-based Advantica Restaurant Group Inc. reported mixed first-quarter results this week. Coco's, which owns 150 of the bakery-oriented coffee shops and licenses 331 more, said first-quarter operating income dropped 33% to $5.5 million as sales dropped 16.2% to $54.8 million. Sales at company-owned stores open at least a year--a key measure of growth--fell 7.
TRAVEL
April 28, 2013 | By Avital Andrews
LAS VEGAS - Hotels open restaurants all the time. But a restaurant opening a hotel? That happens less often. But stuff happens in Las Vegas. The newest Nobu here is, indeed, a hotel. Not only that, but it's also a hotel within a hotel. And it's backed by two stars in their fields. Chef Nobu Matsuhisa and Robert De Niro first partnered in 1993, after De Niro dined at Nobu, Matsuhisa's flagship restaurant in Beverly Hills. The actor was impressed and persuaded the chef to open a Nobu in New York City.
BUSINESS
May 20, 1993
Irvine-based Restaurant Enterprises Group, which owns the El Torito, Bob's Big Boy and Charley Brown's restaurant chains, recently met with a group of potential buyers to discuss the possible sale of all or a portion of its assets. According to Restaurant Enterprises' first-quarter financial report, filed this week with the Securities and Exchange Commission, the company; representatives of W.R. Grace Corp.
BUSINESS
November 14, 1997
The three Irvine-based restaurant chains owned by South Carolina-based Flagstar Cos. Inc. reported mixed results in the third quarter. Operating profits at El Pollo Loco rose 2.9% to $3.5 million, thanks to higher customer traffic. Sales at the 244-unit Mexican charbroiled chicken chain rose 1.2% to $33.1 million, and sales at stores open at least a year--a key measure of growth--rose 1.9%. Sales at the 97 company-owned stores rose an average of 3.5% to $309,200. For the nine months ended Oct.
BUSINESS
February 5, 1987 | MARY ANN GALANTE
Marriott Corp. said it has completed the sale to American Restaurant Group Inc. of Newport Beach of several restaurant chains formerly owned by its Saga subsidiary. Terms of the sale were not disclosed, but sources close to the deal valued it at $280 million. The transaction gives American Restaurant Group a total of 328 restaurants. American Restaurant Group was founded by its largest shareholder, Anwar Soliman, and a group of management executives.
NEWS
July 7, 1993 | GREG JOHNSON, TIMES STAFF WRITER
Plans to combine El Torito and Chi-Chi's, the nation's two largest Mexican-food restaurant chains, moved ahead Tuesday with the support of El Torito's majority stockholder. The combination of El Torito, a West Coast chain, with East Coast-based Chi-Chi's would set up a neck-and-neck race with Taco Bell to establish the first nationwide chain of sit-down Mexican-style restaurants. Under a complicated deal announced Tuesday, a group led by Foodmaker Inc.
BUSINESS
January 8, 1988 | From Times Wire Services
Pillsbury Co. said Thursday that its directors approved a major restructuring plan that includes dropping three of its five full-service restaurant chains, resulting in a fiscal third-quarter charge of $91 million. Pillsbury spokesman Johnny Thompson said the charge, which amounts to $1.06 per share, will result in a net loss for the third quarter ended Feb. 29.
BUSINESS
April 9, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Don't look now, but the cutthroat chain restaurant business has gotten even more competitive. In the crowded Southern California market, where one Caesar salad is much the same as another, doing everything right--location, pricing, quality--only gets you in the door. "Thirty to 40 guys are trying to do just like you," said Milford Prewitt, senior editor at Nation's Restaurant News, a weekly trade journal.
CALIFORNIA | LOCAL
February 23, 2013 | By Sam Quinones, Los Angeles Times
Each morning at 7, Marcelino Martinez arrives at the Hamburger Hamlet in Sherman Oaks. Wearing a thick white chef's coat, he inspects the fryers first - for the purity of the cooking oil and height of the flame. This has been his routine for 43 years. In this kitchen and many like it, the restaurant manager has trained hundreds of fellow Zapotec Indians from the highlands of Oaxaca, Mexico, to cook patty melts, onion rings and lobster bisque at El Hamlet . Most have moved on, preparing German, Italian, French and California cuisine at various restaurants throughout Los Angeles.
NEWS
February 7, 2013 | By Mary MacVean
Chain restaurants have been nudged and cajoled for years to ditch mammoth portion sizes and high-calorie choices. But perhaps the best motivation to lower-calorie, more healthful menu items is here: profit. A report released Thursday calls lower-calorie menu choices “just good business.” “We found that those restaurant chains that were growing their lower-calorie items, they demonstrated business advantages,” Hank Cardello, lead author of the report from the think tank Hudson Institute, said Thursday at a news conference to discuss the report.
NEWS
January 16, 2013 | By Mary MacVean
Let's be real here. Anyone who orders a meal with three pieces of breaded chicken, a buttery sauce, and mashed potatoes can't be much surprised that it's high in calories. Or that a piece of cake that weighs close to a pound might, as they say, be applied “directly to the hips.” So why would the Center for Science in the Public Interest - advocacy group or nutrition nag, depending on your perspective - give a dubious shout-out to those restaurant choices and several others on Wednesday by handing out “Xtreme Eating Awards”?
BUSINESS
September 6, 2012 | By Tiffany Hsu, Los Angeles Times
Female diners are carving out their own space in the restaurant industry, with actress Eva Longoria's women-focused steakhouse SHe as the latest entry. The former star of "Desperate Housewives" is closing her restaurant Beso and nightclub Eve in Las Vegas, and reopening the space as a haven for the ladies, complete with small plates and a catwalk for fashion shows. But men will still be welcome. The restaurant venture is being backed by Tilman Fertitta's Landry's Restaurants Inc., which owns classic steakhouse chain Morton's.
BUSINESS
September 5, 2012 | By Tiffany Hsu
Breastaurants begone: Female diners are carving out their own space in the restaurant industry, with actress Eva Longoria's women-focused steakhouse SHe the latest entry. The “Desperate Housewives” star is closing her restaurant Beso and nightclub Eve in Las Vegas and reopening the space as a haven for the ladies, complete with small plates and a catwalk for fashion shows. Though men will still be welcome, SHe's private dining rooms, indoor and outdoor lounges, DJ booths and more will be designed with femmes in mind.
BUSINESS
July 3, 2012 | By Tiffany Hsu
The Chuck E. Cheese rodent mascot is ditching the backward baseball cap and fingerless gloves and reemerging as a rock star with a guitar. The pizza chain's parent, CEC Entertainment Inc. of Irvine, Texas, is teasing its new spokesmouse with silhouetted images on its Facebook profile along with signs such as “You've never seen Chuck E. rock like this!” The company, which began publicly discussing the reimage this spring, plans a full reveal of its new national ad campaign Thursday, according to the Associated Press.
CALIFORNIA | LOCAL
April 11, 2003 | Tim Reiterman, Times Staff Writer
The state has sued companies that own 16 of the country's best-known restaurant chains for allegedly failing to warn customers that some seafood they sell contains potentially harmful mercury. In Superior Court suits filed Thursday in Los Angeles and San Francisco, Atty. Gen. Bill Lockyer said that Morton's, Ruth's Chris Steak House, Benihana and the other restaurants had not been abiding by Proposition 65, which requires businesses to post warnings when they expose people to carcinogens.
BUSINESS
February 19, 1999 | Leslie Earnest
Three Irvine-based restaurant chains owned by South Carolina-based Advantica Restaurant Group Inc. report mixed fourth-quarter results. El Pollo Loco, which owns 100 Mexican-charbroiled chicken eateries and franchises and licenses another 165, said fourth-quarter operating income before depreciation and other charges fell 20%, to $4.5 million, as revenue rose 5% to $31.8 million. Sales at stores open at least a year--a key measure of growth--rose 2.5%.
BUSINESS
June 14, 2012 | By Emily Bryson York
The humble burger still reigns as America's favorite food, but a growing number of foodies are searching for something a little more special: Sandwiches made with fresh Angus beef, a better quality roll and such toppings as aged cheddar or homemade pickles. The so-called better burger segment has become one of the restaurant industry's best performers in recent years, in part because of unprecedented growth by Five Guys Burgers and Fries, known for its hand-formed burgers, fresh-cut fries and unlimited free toppings.
BUSINESS
May 1, 2012 | By Tiffany Hsu
Asian-themed restauranteur P.F. Chang's China Bistro Inc. will go private for $1.1 billion in a deal with private equity firm Centerbridge Partners after attempting to refresh its image and offerings. The Scottsdale, Ariz., company, which operates its namesake upscale casual dining spots as well as fast-casual Pei Wei Asian Diners, has struggled to catch up to competitors who are now enjoying post-recession sales and traffic highs . Last month, it introduced a new lunch menu.
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