finance

NSF International Names New Vice President of Marketing

She will lead global multi-channel marketing for both business and consumer markets, driving brand recognition and growth for NSF...

Financing

Shopping (and selling) tips from dealmaking pros

A Murderer’s Row of industry dealmakers took the stage at the Restaurant Leadership Conference to air their widely different approaches to finding and profiting from restaurant acquisitions.

When asked by Fast Company magazine to name a must-have kitchen gadget not yet invented, Suzanne Goin, chef-owner of Los Angeles’ Lucques and A.O.C. restaurants, chose a tool that would automatically load the dishwasher.

McDonald’s domestic comparable-store sales for February fell 4 percent year-over-year, underscoring “the urgent need to evolve with today’s consumers, reset strategic priorities and restore business momentum,” the franchisor said today in an unusually reflective statement.

Comps soared, driven by breakfast sales.

After providing preliminary indications of another weak quarter, the venerable casual chain said it's seeking any and all strategic alternatives.

The full-service veteran becomes president of the daytime-only franchise chain.

The company said its same-store sales are down 5.1% this quarter.

Sentinel Capital sold the family-dining chain to the private-equity titan's family office investor.

In this environment, anything is possible, but such a deal seems unlikely, says RB's The Bottom Line.

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