Financing
TGI Fridays to be acquired by U.K. franchisee Hostmore for $220M
The merger will create a 600-unit global company and take Fridays public on the London Stock Exchange.
Emerging Brands
P.F. Chang's opens a fast-casual Asian bowl concept
A Pagoda by P.F. Chang's is operating in a suburban New York shopping mall. It's the chain's third crack at a fast-casual spinoff.