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Article: Nashville, Tenn.-Based Shoney's Will Close Location in Lexington, Ky..
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 27, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Sep. 28 -- Shoney's Inc. is closing its restaurant at 2703 Richmond Road early today as part of another restructuring aimed at reducing the Nashville company's financial losses.
The restaurant's 29 full-time and part-time employees will receive severance pay beginning about 5 a.m. as they report for work, said Shoney's spokeswoman Sandy McCaffrey.
The company will attempt to place all employees in jobs at its other Lexington restaurants, McCaffrey said.
The building at 2703 Richmond is leased, McCaffrey said, and the closing will not affect the nearby Shoney's Inn motel.
"The closing of the ...
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Article: Shoney's, Inc. Reports Comparable Store Sales, Store ...
PR Newswire;
August 28, 1998 ;
700+ words
... ... Tenn., Aug. 28 /PRNewswire/ -- Shoney's, Inc. (NYSE: SHN) today reported ... quarters of the current fiscal year, Shoney's, Inc. reported a 1.7% decrease ... Comparable store sales in the Company's Shoney's Restaurants decreased 6.0% for ...
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