Restaurant, Restaurant Chain | featured news

European private-equity firm Permira said it would buy Japanese sushi chain Akindo Sushiro for around $1 billion, making a bet that the popular restaurant brand can expand beyond Japan.

Chuck E. Cheese has been given the pink slip. The company that operates the chain of children's pizza restaurants is retiring the giant rodent's outdated image — and the man who voiced its character for nearly two decades.

Higher food prices drag on burrito chain's profits.

For the first time since the recession, Chipotle Mexican Grill Inc. is raising its menu prices in the Northeast and Southeast over the next few weeks, with changes in other markets to follow, the company said.

The Subway sandwich chain has surpassed McDonald's as the world's largest restaurant chain in terms of units.