The Future 50 2007
In compiling our second annual ranking of the fastest-growing up-and-coming restaurant chains in America —the ones tallying sales between $25 million and $50 million—we were struck by how many new growth stories there were to tell. Thirty-one of this year’s Future 50 growth chains, or 62 percent, are entirely new to the list. That tells us that the entrepreneurial spirit thrives in 2007, and that the restaurant business is still where it lives.
Biglari prevails in proxy fight over Steak ‘n Shake
A dissident investment group that included industry veterans Jim Stryker and Gene Baldwin failed to muster enough votes from fellow shareholders to force a change in control.