Landry’s, Inc. reeled in seafood chain McCormick & Schmick’s in a buyout on Jan. 3, six months after the floundering chain was put on the market. The move signifies an end–and a new beginning–to the brand that touted its old-fashioned ways and hung onto them until they killed it. “They were proud of an old-fashioned […]

Tilman J. Fertitta announced today that Landry's, Inc. has signed an Agreement to acquire 100% of McCormick & Schmick's Seafood Restaurants, Inc. for $8.75 a share. Landry's will acquire MSSR through an all-cash tender and merger. The tender offer will commence no later than 10 business days from the date hereof. The price for the […]

It means doubling dishwashing duty, but there’s an upscale restaurant in Phoenix that delivers a trick that wows its customers. When guests are halfway through their cocktails, servers at Hillstone (formerly Houston's) re-glass the drinks. So before any chilled cocktail has time to reach room temperature, it’s re-chilled with a new glass—from the freezer. It's […]

McCormick & Schmick’s Seafood Restaurants, Inc. today reported financial results for its first quarter ended March 30, 2011. Financial results for the first quarter 2011 compared to the first quarter 2010: Revenues decreased 1 percent to $84 million from $84.8 million. Comparable restaurant sales decreased 3.2 percent. Total restaurant operating costs increased 120 basis points to […]