Papa Johns

FREMONT, Calif. — Men's Wearhouse has signed a definitive agreement to acquire JA Holding, the parent company of American clothing brand Joseph Abboud, for approximately $97.5 million in cash, subject to certain adjustments. 

JA Holding is currently majority-owned by funds affiliated with J.W. Childs Associates, L.P. The transaction is expected to close in the third quarter of 2013.

Chicago -- There were 4,442 more restaurants in the U.S. in fall 2012 than there were in fall 2011, according to a recent U.S. restaurant census conducted by The NPD Group.

The total number of U.S. restaurants is now 616,008, a .7% increase over last year, based on NPD’s Fall 2012 ReCount, which is a count of commercial restaurant locations in the United States compiled in the spring and fall each year.