McDonald's Ruling Complicates Franchising

The National Labor Relations Board has ruled that McDonald's is a "joint employer" of workers employed by its franchisees. The decision could have far-reaching effects not just for McDonald's, but for franchising as a whole.

Family Dining Shows Surprising Strength

Don't look now, but two of the best performing restaurant chains in the public space, and certainly two of best dine-in concepts, are IHOP and Denny's. The two family dining stalwarts both reported strong second quarter sales numbers, again.

Clarence Otis Steps Down

Darden Restaurants took the next step in its plan to fend off a pair of activist investors by announcing the resignation of its chairman and CEO, Clarence Otis. It is also giving those activists three seats on the board.

El Pollo Loco Has A Crazy Debut

El Pollo Loco didn't just have a strong debut on Wall Street. It had a phenomenal second day of trading, giving it a two-day performance of nearly 130 percent. That puts its IPO on par with last year's strong offerings from Potbelly and Noodles.

Darden Completes The Red Lobster Sale

Any faint hope that Darden Restaurants would change its mind and not sell Red Lobster has been dashed today. The Orlando-based casual dining giant that it completed the sale of the seafood chain.


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