restaurants

10 Big Restaurant Chains That Are Falling Off the Menu

It's hard to stay competitive in the restaurant business, no matter how well-established your brand is. In the past 10 years, some of America's biggest chains have seen their sales fall by more than 50%, and closed hundreds of locations. 24/7 Wall St. reviews the chains with the biggest declines.

How Many Stars Would You Rate Yelp's IPO?

With all the sturm und drang surrounding Facebook's upcoming May IPO, few media outlets are giving much oxygen to the IPO of online review hub Yelp, due March 2. It will give Yelp a market cap of around $800 million -- and the company isn't even profitable.

I Love (to Shop for) You: Valentine's Spending to Rise

Chances are, you'll be more generous with your honey this Valentine's Day than last. Consumer spending on the holiday is expected to exceed last year's levels, according to surveys from the National Retail Federation and American Express.

After Grocery Prices Surge, Is Home Cooking Still a Bargain?

Everybody knows the basic rules for saving money on food. Don't eat out. Ditch the steaks in favor of ground beef. Stick to the staples, like milk and potatoes. But a recent USDA report shows that, in 2011, some traditional money saving guidelines proved useless as food prices went through the roof.

5 Foodie Sites That Can Find You Fine Meals for Less

Frugal foodies, rejoice! A growing list of websites is making it easier to indulge in culinary adventures that won't take a big bite out of your wallet. Here are five sites designed to help you find foodie-worthy restaurants that are affordable, too.

Is the Internet Killing Your Favorite Restaurant?

Running a restaurant has never been easy, but it's getting harder to succeed these days for eateries that shun the social couponing and new media games. A decade ago, all you needed was a strong concept, a healthy strategy and a few ads in the local paper, but the Internet has changed everything.

Not So Friendly's: Bankrupt Chain Lays Off 1,260

The 63 restaurants Friendly's closed on Wednesday resulted in about 1,260 layoffs -- more than 12% of the company's 10,300 person workforce. Everyone from managers to dishwashers were told Tuesday evening that the following day would be their last at Friendly's.

Eastern Europe Gets All Shook Up Over '50s-Style Diners

The world's fourth Elvis-themed restaurant is scheduled to open in a mall in Georgia this year. But not in the Peach State in the heart of the Dixie -- the Elvis American Diner is in the Republic of Georgia. Seems that in the former Soviet Union, the King and 1950s Americana are considered pretty nifty.

Food Fight: Why KFC Is Leaving Fiji

Kentucky Fried Chicken says it is shutting down its fryers for good in Fiji, saying the government compromised its so-called famous blend of 11 herbs and spices by stopping KFC from importing key ingredients. Fiji says that's just an excuse.

10 Most Popular U.S. Summer Vacation Cities

When it's time for some R&R in the sun, Americans have a wealth of options. But based on summertime hotel room rentals, which one takes the crown? Orlando with its theme parks? New York with its culture? Washington with it's history? L.A. with its beaches? None of the above. Curious? Read on ...

10 Most Unhealthy Fast-Food Items on America's Menu

America is getting heavier and less healthy every year, and our increasing consumption of fast food is at least partially to blame. 24/7 Wall St. examined the menus of the top 10 quick service restaurants to find the items that were the highest in calories, carbohydrates, sodium and saturated fat. Here's what they found:

Chipotle's Growth Plan May Fall Prey to High Food Costs

While Chipotle's fresh Mexican fare has many fans in the U.S., the company has also been adding new restaurants in Europe and is looking at further expansion worldwide. It reported impressive first quarter numbers -- but will higher food costs put the brakes on its expansion plans?

How the Zagats Created a Social Reviewing Empire

Before social media was a gleam in the Internet's eye, Tim and Nina Zagat built a crowd-sourced culinary reviewing empire out of the simple idea that ordinary people could rank restaurants as well as any famous critic. Here's how they did it, and where the Zagat's guides are headed in the Digital Age.