Once highly successful restaurateurs, Thomas Main and Peter George fell on some tough times in the 2000s and ended up as housemates. That’s when they started plotting a return to the industry as partners in a new venue that became the popular restaurant Tinker Street.
Restaurant Brands International Inc. has agreed to buy Popeyes Louisiana Kitchen Inc., adding a fried-chicken outfit to its lineup of burgers and doughnuts. The two chains have about 70 restaurants in the Indianapolis area.
Indianapolis-based HHGregg Inc. is turning to investment banks “to pursue a range of potential strategic and financial transactions" as the struggling appliances and electronics retailer battles sinking sales.
Robert Riesbeck, appointed to the top job last year, says growth opportunities in appliances and furniture are sufficient to offset declines in the company's battered consumer electronics product line.