restaurants

Consumers Are Finding Cash for 'Small Luxuries'

As the economy improves, Americans have begun splurging again. But they're limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expensive restaurants.

Chipotle Fires Hundreds of Workers Amid Immigration Probe

Chipotle (CMG), the chain restaurant serving Mexican food, fired hundreds of workers in Minnesota after receiving notice from Immigration and Customs Enforcement that they had "suspect documents." The ICE began its probe of Chipotle in Minnesota, where the company employs about 1,200 workers, The Wall Street Journal reported. The probe has since spread to Chipotle restaurants in Virginia and Washington, DC.

Nine Valentine's Day Stocks to Sweeten Your Portfolio

Spending for the lovers' holiday this year is expected to climb 5.8% over 2009, and that spells opportunity for investors. Here are some greeting card, candy, jewelry, flower and restaurant stocks that could get a lift from sweethearts looking for that special something.

This Trio of Restaurant Stocks Look Tempting

The New Year brings new hope to the restaurant industry, which suffered heavily during the harsh, eat-at-home recession. As a result, the number of restaurants have dwindled nationwide. But Goldman Sachs says this is very good news for three companies in particular.

Why Groupon Will Crush Most Group-Buying Clones

Many pundits lately have decried the Groupon model as easy to emulate, and predicted fierce competition from many new players, price wars and a race to the bottom in terms of commissions. Web industry watcher Alex Salkever used to believe that, too -- but not anymore. Here's why:

Jack in the Box Closing 40 Restaurants

Jack in the Box Inc. (JACK) will close 40 under-performing restaurants, mainly in Texas and the south-east. The fast food company will close the restaurants by the end of the fiscal year on Oct. 3, Jack in the Box said in a statement. Jack in the Box has a total of more than 2,200 restaurants.

New Budweiser Marketing Strategy: Free Beer

Anheuser-Busch InBev (BUD) will hand out free beer in its latest attempt to revive the Budweiser brand. The brewer will give away samples of the beer to 500,000 people at hip bar and restaurants in the coming weeks, Reuters said.

Darden Restaurants Reports Quarterly EPS of 80 Cents

Darden Restaurants (DRI), owner of brands including Olive Garden and Red Lobster, reported quarterly net earnings from continuing operations of 80 cents per share, up from 67 cents per share a year earlier. Sales from continuing operations were $1.81 billion in the quarter ended Aug. 29, up 4.2% from a year earlier, the company said in a statement.

Organic Egg Sellers Scramble to Keep Up With New Demand

The recall of half a billion eggs potentially tainted by salmonella has scared the bejesus out of U.S. consumers, who are showing an increasing willingness to pay higher prices for safer eggs. Organic and premium egg producers now say they are stretching to keep up with rising demand.

5 best $5 buys

Five dollar billWe all know a five-dollar bill doesn't go nearly as far as it once did. Short of a gourmet coffee or maybe a meal at a fast food chain, there's not a...

Is Groupon Changing What We're Willing to Pay?

America is in a group buying frenzy. The rapidly growing craze sparked by website Groupon has spawned hundreds of clones and threatens to overwhelm people's e-mail boxes with Daily Deals. But businesses that use them risk resetting their customers' ideas of what a fair price is.

Quiznos' $3 meal coupon is back

QuiznosThe $3 Quiznos coupon has returned. For $3, okay technically, $2.99 plus tax, you get a small sub, chips, and regular fountain drink. You're not...

Travel Maze: Hungry Nights in Luxury Hotels

If you fly into many major U.S. cities late, don't count on getting room service at your high-end hotel -- or even finding a decent meal nearby: Late-night dining options are frequently off the table, even if you're staying at the best hotel in town.