Captain D?s to add 125 more stores

Captain D’s is expanding into Puerto Rico, adding up to 125 of its casual dining seafood restaurants, the company said.

The deal was announced by the Nashville-based company and Brentwood-based Restaurant Development Group, operated by longtime Nashville restaurant entrepreneur Danny York.

Restaurant Development Group will open its first Captain D’s in Puerto Rico later this summer and add all the units over the next 10 years, York said.

York said Puerto Rico was an attractive location for Captain D’s, in part because fast-food restaurants such as McDonald’s and Burger King reap greater sales per unit there than in the United States.

One of York’s partners currently operates the 7-11 stores in Puerto Rico, a news release said.

Earlier this year, Captain D’s opened the first of three restaurants in Trinidad with the option of 20 in Trinidad and Tobago.

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MIAMI (AP) ? Burger King’s chairman and chief executive resigned Friday after starting a turnaround at the No. 2 hamburger restaurant chain, but his departure raised questions about the company’s impending initial public offering and its continued revolving door for leaders.

Greg Brenneman, 44, is a veteran of fixing troubled companies, such as Continental Airlines Inc. in the 1990s. He joined Burger King in August 2004 amid nearly two years of slumping sales, but the chain says it’s now had eight consecutive quarters of sales growth at stores open at least a year, and profits are small but growing.

John Chidsey, 43, was promoted from president and chief financial officer to chief executive, effective immediately. He is the 11th CEO since 1989 at the Miami-based company, whose board also announced that independent director Brian Swette would serve as non-executive chairman.