Nicholas Eckhart

Bob Evans Selling Off All Restaurants For $565M To Focus On Packaged Foods

The house of Bob Evans is about to be divided between the packaged foods business and the company’s restaurant brand: Bob Evans Farms Inc. says it’s decided to sell off its eateries to a private equity firm for $565 million and throw its efforts into selling sausage and side dishes in grocery stores. [More]

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Barnes & Noble To Finally Spin Off Nook Into Separate Business

These days when we think of Barnes & Noble, there’s always a second thought immediately after — “What the heck is going on with that company?” After years of whispers, exits, and declining sales, Barnes & Noble says it’s finally going to go ahead and spin off its Nook business, separating it from the retail part of the company. [More]