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Fla. awaits governor's action on gift-card bill
TALLAHASSEE, Fla. (May. 4) — A bill outlawing expiration dates and dormancy fees on gift cards issued by restaurants and other retailers is awaiting the signature of Gov. Charlie Crist following its unanimous passage by the Florida Legislature on Wednesday.
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Florida steps up investigation into fish-swapping
TAMPA, Fla. (Nov. 22) - Several chain and independent restaurants here are cooperating in an investigation by the state Attorney General’s office into the misrepresentation of lower-cost fish as grouper, the St. Petersburg Times reported.
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Focus announces new Carvel president, other exec changes
ATLANTA (Nov. 9) - Focus Brands here, the Roark Capital Group-owned franchisor and operator of 1,400 U.S. and international Carvel, Cinnabon and Seattle’s Best Coffee units, elevated former marketing services vice president Gary Bales to president of its Carvel unit and former growth and development vice president Geoff Hill to president of its Cinnabon brand.
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Food Allergy Law Enacted In New York
[2007-08-17] The Food Allergy Initiative (FAI) announced today that Governor Eliot Spitzer has signed into law the Allergy & Anaphylaxis Management Act of 2007.
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Food Prices Soar Due To Ethanol
[2007-06-24] Food prices are on the rise thanks to the surging cost of corn. A long, hot summer could make eating even more expensive.
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FoodBrand stakeholder said to be facing bankruptcy
CHEVY CHASE, Md. (Jan. 11) — The majority stakeholder in FoodBrand LLC, the operator of some 80 big-brand restaurants in shopping malls, may be forced to seek bankruptcy protection because of financial mismanagement, according to securities filings.
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Former BP - VP Joins O'Charley's
2007-06-01 — Officials at O'Charley's Inc. (NASDAQ:CHUX) , a casual-dining restaurant company, today announced that Michael K. Ellis is joining the company as chief development officer. In his new position, he will source and secure sites for new restaurants, identify and implement strategies to reduce energy and maintenance costs, and manage the construction process for the company's rebranding programs.
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FORTUNE names Yum! among the 'Top Companies for Minorities'
[2006-10-26] For the fourth consecutive year, Yum! Brands, Inc. has been named one of FORTUNE magazine's 30 “Top Companies for Minorities” for its comprehensive results across key diversity measures.
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Four operators win NRN/NRAEF SPIRIT Awards for workforce nurturing
DALLAS (Aug. 18) - T.G.I. Friday's parent Carlson Restaurants Worldwide, the Coffee Bean & Tea Leaf chain, the Ohio State University Medical Center and Bambara, a fine-dining restaurant located in Cambridge, Mass., have been named winners of the 2006 SPIRIT Awards for innovative workforce programs leading to employee satisfaction.
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Franchisee group files class action against Quiznos
DENVER (Aug. 15) — A group of more than 40 Quiznos Sub franchisees has filed a class-action lawsuit on behalf of the operators of nearly 5,000 domestic franchised branches of the sandwich chain, alleging that the company has systematically defrauded franchisees in order to build the brand.
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Friday’s adds health and indulgence items
CARROLLTON, Texas (Dec. 29) - T.G.I. Friday's, based here, debuted a three-course menu priced at $12.99, featuring the chain's signature "Indulgent" and "Better For You" appetizers, entrees and desserts.
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Friendly agrees to $337M buyout by Sun Capital affiliate
WILBRAHAM, Mass. (Jun. 17) — Friendly Ice Cream Corp., parent of the 515-unit Friendly's family restaurant chain, said Sunday it had agreed to be acquired by an affiliate of private-equity firm Sun Capital Partners Inc. for $15.50 per share, or $337.2 million in total consideration.
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Friendly franchisee to consider buying the chain
ROCHESTER, N.Y. (Mar. 12) — A 46-unit franchisee of the Friendly family restaurant chain plans to evaluate the purchase of all or a part of the franchisor, according to the licensee’s newly retained financial advisor.
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Friendly Ice Cream buyout closes
WILBRAHAM, Mass. (Aug. 31) — Friendly Ice Cream Corp., parent of the Friendly’s family-dining brand, is now a holding of the private-equity firm Sun Capital Partners Inc. after a buyout valued at $337.2 million closed Thursday.
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From the Steakhouse to the Drive-Thru:
[2006-11-20] Burger lovers have a new reason to visit Checkers®/Rally’s® double drive-thrus: the Steakhouse Burger.
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FTC subpoenas five restaurant companies
WASHINGTON (Aug. 10) — The Federal Trade Commission has issued subpoenas to five restaurant companies requiring them to disclose their marketing activities and expenditures targeting children and adolescents.
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Government steps up penalties for employers of illegal workers
WASHINGTON(Aug. 10)- Foodservice operators who employ illegal immigrants could face increased fines under a new series of enforcement measures announced today by the Bush administration. The Department of Homeland Security said it plans to crack down on illegal immigrants by requiring employers to fire workers who have been found to use false or questionable Social Security numbers.
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Government to roll anti-drinking ads
WASHINGTON (Aug. 17) - The National Highway Traffic Safety Administration said Wednesday that it would wage an $11-million advertising blitz during the remainder of August to discourage consumers from drinking before they drive.
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Greg Brenneman Named Quiznos President and CEO
[2007-01-09] Brenneman’s TurnWorks, Inc. has taken an equity position in Quiznos. Rick Schaden to remain as chairman.
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Group protests Wendy’s helium ad
DUBLIN, Ohio (Sept. 21) — Wendy’s International Inc. has come under fire for a TV spot that shows office workers inhaling helium for lunch.
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Hardee’s tries mobile-phone coupons
ST. LOUIS, Mo. (Mar. 2) — The 1,945-unit Hardee’s quick-service chain is trying cell-phone-delivered coupons in Indianapolis and St. Louis in a bid to boost traffic without the usual promotional costs.
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Hedge fund could face SEC sanctions from Outback sell-off
NORWALK, Conn. (Sept. 14) - Pirate Capital LLC, the hedge fund that unsuccessfully pressured Outback Steakhouse parent OSI Restaurant Partners Inc. to spin off its secondary brands, could be sanctioned for not reporting to regulators quickly enough that it had divested its 5.3 percent stake in the casual-dining concern, according to news reports.
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Hooters opts for heft in football-season items
ATLANTA (Aug. 31) — Hooters of America is attempting to capitalize on the upcoming football season by introducing five seasonal menu items that it hopes will appeal to gridiron fans.
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House approves shareholder vote on exec pay
WASHINGTON (Apr. 20) — The U.S. House of Representatives today approved a bill that would require publicly owned restaurant and other companies to submit executive pay packages to non-binding votes of shareholders.
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House OKs Farm Bill Despite Veto Threat
[2007-07-28] The Democratic-controlled House passed legislation Friday that combines billions in aid for farmers with money for low-income nutrition programs.
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Houston's parent sued over breastfeeding incident
BOCA RATON,, Fla. (Jun. 14) — Florida resident Simone Bertucci filed a lawsuit this week against Houston's parent Hillstone Restaurant Group because the manager of a Boca Raton unit asked her to leave the restaurant while she was breastfeeding her infant son.
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Houston’s operator settles breastfeeding suit
WEST PALM BEACH, Fla. (Oct. 25) — Houston’s parent Hillstone Restaurant Group has resolved a lawsuit with a woman who sued the company in June because she was allegedly asked to leave a Houston’s in Florida while breastfeeding her son.
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IHOP Corp. Reports Same-Store Sales Increase
[2007-04-13] IHOP Corp. announced that its system-wide same-store sales increased 0.5 percent for the quarter ended March 31, 2007.
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IHOP reaches settlement with IRS
GLENDALE, Calif. (Nov. 17) - IHOP Corp. said it had reached a settlement with the Internal Revenue Service over the disputed handling of initial franchise fee income, providing for adjustments in IHOP’s 2000, 2001, 2002 and 2003 federal income taxes.
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Illinois to hike its minimum wage to $7.50/hr.
SPRINGFIELD, Ill. (Dec. 1) - A bill raising the state’s hourly minimum wage to $7.50 as of July 1 is headed to be signed into law by Gov. Rod Blagojevich following its overwhelming passage Thursday in the senate.
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