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Economic conditions taking a toll on OSI Restaurant partners (BizJournals) Disruptions in financial markets, including the subprime mortgage crisis and the bankruptcy and restructuring of key financial institutions, pose challenges to OSI Restaurant Partners LLC. Pizza restaurant coming to Magnolia Hotel (Denver Business Journal) The Magnolia Hotel plans to open a pizza joint on New Year's Day, bringing a New York pizza restaurant to the corner of 17th and Stout streets, the local hotel company announced Monday. Equity fund to invest in retail, restaurant ventures (BizJournals) Dallas-based private equity firm CIC Partners LP is creating a new fund geared toward investing in multi-unit retail and restaurant ventures. Ohio's first Zaxby's restaurant closes (BizJournals) A fast-growing chain specializing in chicken fingers failed its test in Columbus. Les Halles closes after 15 years (BizJournals) Downtown French restaurant Les Halles is closing after 15 years. Tsunami gone, but leaves sushi in its wake (BizJournals) Asian restaurant Tsunami has closed, just one year after it opened in Baltimore. O.C. restaurants face perfect storm of issues (Orange County Register) In the midst of one of its worst downturns, the restaurant industry faces consumers looking for discounts amid soaring food costs. Lt. Robert E. Lee riverboat to be auctioned off (St. Louis Business Journal) The Lt. Robert E. Lee riverboat, used for decades as a restaurant and nightspot along the Mississippi River, will be auctioned off Dec. 19. Famous Dave's cuts Hyattsville plans (Washington Business Journal) Famous Dave's of America Inc. has axed a lease for a restaurant that was slated to open next year in Prince George's County. Pinto & Hobbs files for bankruptcy (BizJournals) Pinto & Hobbs Inc., a restaurant in Albany's Center Square neighborhood, filed for bankruptcy protection on Monday as its owners are attempting to sell the property.
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