This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Denny's Opens First South America Restaurant In Chile

SPARTANBURG, S.C., Oct. 4, 2013 (GLOBE NEWSWIRE) -- Denny's, Inc. (Nasdaq:DENN), the world's largest full-service family dining chain, today announced it has entered South America with the opening of its first restaurant in Chile. Located in the Las Condes section of Santiago, the new location is operated in partnership with local partner the Musiet Group as a part of an exclusive development agreement to open 10 locations in Chile over the next 15 years. Denny's is the first American family-dining chain to expand its footprint to Chile.

"Our expansion into South America is an important milestone for Denny's global ambitions. We're excited to bring the "America's Diner" experience to our new guests in Chile," commented John Miller, Denny's President and Chief Executive Officer.

Rolando Musiet, President of the Musiet Group, commented, "We are very honored to open Denny's first restaurant in Chile and South America. We believe Denny's is the global diner allowing us to differentiate ourselves from other restaurants by offering Denny's craveable breakfast, lunch and dinner items served 24-hours a day."

Denny's Senior Vice President of Global Development, Steve Dunn, added, "The Chile grand opening also comes on the heels of Denny's first restaurant opening in El Salvador and a twelfth location opening in Puerto Rico. Today, we are proud to say Denny's is the largest family-dining chain across the globe and we are fortunate to have such a great franchise partner as the Musiet Group leading the way in South America."

Denny's opened its first international restaurant in 1966 in Acapulco, Mexico and has since expanded its footprint to 11 countries and U.S. territories, including 100 locations in Canada, Chile, Costa Rica, Curaçao, Dominican Republic, El Salvador, Guam, Honduras, Mexico, Puerto Rico and New Zealand. As the company approaches 1,700 restaurants worldwide, Denny's is providing guests around the globe with the promise of everyday value and craveable, indulgent menu items served in a friendly and inviting atmosphere. Together with its talented and committed franchisees, the Company plans for continued international expansion to bring "America's Diner" to new locations across the globe.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs