Restaurant Group adds to the gloom
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Business & money: Garfunkel's and Frankie and Benny's group adds to growing tide of depression in Britain's retail sector
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Sobering expectations â foreshadowed on Sunday when management announced the lower prices â weighed on the companyâs already drooping stock.
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Yale University normally concerns itself with issues such as global warming and genetic research. But lately it is in a protracted battle over a restaurant that just wants to continue serving chorizo encrusted cod and lobster cassoulette.
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Consumer goods company is facing its challenges and looking for a turnaround.
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Compass Group saw its share price slump by almost 25 percent after the British catering group warned future annual profits would be reduced by 30 million pounds (43.9 million euros, 53.5 million dollars).
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The company is far from resting on its laurels.
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Restaurants, under fire from health advocates for too-big servings and not enough detail on nutrition, are fighting back.
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New York start-up gets buzz by providing a marketplace for restaurant reservations. But if the hospitality industry has anything to say about it, it won't become the norm.
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Some kibbutzes are on the verge of collapse as they cope with debt and attrition.
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Competition makes for a dreary outlook for the company.
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Pubs' prospects appear uncertain as new era begins with an empty bar.
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Times are tough in the soft-drink bottling business.
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The recent problems of Dominoâs Pizza speak volumes about the challenges facing both companies and consumers in the year ahead.
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Acknowledging that its restaurants are perceived by some as frumpy and downscale, Red Lobster has embarked on broad changes that are intended to woo wealthier diners.
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Shares in catering firm Compass slump nearly 20% after the firm says higher costs are set to hit profits.
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With growth in the meal assembly industry slowing, shop owners are trying to find new ways to bring ready-to-cook meals to the masses.
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The number of city residents relying on food from charities and unable to feed their families is rising, according to a report issued by an advocacy group.