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December 04, 2008

In The News



Restaurant News Resource

Restaurant News Resource

Restaurant Industry News


11/12/2008 10:26 AM
Fraud Finding Stands Against Pollo Campero Owners
Bermudan Supreme Court Holds Fraud Ruling Against Companies of Juan Luis Bosch and Dionisio Gutierrez Mayorga of Guatemala, No Appeal Filed

11/12/2008 10:26 AM
Papa Bello Reaches Milestone With Opening of 20th Franchise
Papa Bello Enterprises is pleased to announce that the company has reached a significant milestone this week with the opening of its 20th franchise restaurant, located in Boiling Springs, SC.

11/12/2008 08:13 AM
Healthy Fast Food Announces New Store Opening in Their 12-State Territory for EVOS Feel Great Fast Food
EVOS Franchisee, California Healthy Partners, Opens Their First Location in San Luis Obispo, California

11/12/2008 08:12 AM
CKE Restaurants, Inc. Reports Positive Period 10 and Third Quarter Blended Same-Store Sales
Company Provides Updated Comments on Third Quarter Cost Trends

11/12/2008 08:07 AM
Mexican Restaurants, Inc. Reports Impact of Recent Hurricanes and Announces 2008 Third Quarter Operating Results (NASDAQ: CASA)
During the third quarter ended September 28, 2008, the Company's operating results were impacted by two hurricanes and two restaurant fires, the total impact was that 36 out of the Company's then 59 restaurants were closed for some portion of the third quarter.

11/12/2008 08:06 AM
BJ's Restaurants Opens Two New Restaurants in Chula Vista and Newark, California
BJ's Restaurants, Inc. (NASDAQ: BJRI) announced the opening of its two newest restaurants in Chula Vista, California (in the San Diego market), and Newark, California (in the East Bay area just south of Oakland), on Monday, November 10, 2008.

11/12/2008 07:29 AM
Food & Beverage - 8 Recession Opportunities: Turn Lemons into Lemonade - By Ken Burgin
Downturns can reveal surprising opportunities... As your competitors reduce expenses, they often cut muscle, not fat - their marketing is weaker, suppliers are unhappy and customers disappointed. It's a great chance to be the best!

11/12/2008 07:25 AM
Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from July 3, 2008 to November 3, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts

11/11/2008 10:45 AM
Fast Food Industry Sees Shorter Lines Due to Current Economy
A study conducted by M/A/R/C(R) Research found 48% of fast food consumers have reduced their visits to quick service restaurants (QSR) over the past three months.

11/11/2008 10:44 AM
Renowned Chef Opens Sumptuous Steakhouse at The Phoenician
Jean-Georges Vongerichten's J&G Steakhouse is scene-stealing penthouse space featuring vibrant, posh decor and sweeping city vistas

11/11/2008 10:28 AM
Sbarro, Inc. Announces Results of Operations for the Quarter and Nine Months Ended September 28, 2008
Revenues were $91.9 million for the quarter ended September 28, 2008 as compared to revenues of $91.0 million for the quarter ended September 30, 2007.

11/11/2008 10:24 AM
Noble Roman's, Inc. Announces 3rd Quarter Earnings
For the quarter ended September 30, 2008, the company reported net income of $304,809, or $.02 per share, on 19.2 million weighted average shares outstanding. This compares to net income of $693,655, or $.04 per share, on 18.2 million weighted average shares outstanding for the quarter ended September 30, 2007.

11/11/2008 10:23 AM
The Steak N Shake Company Reports Full Year and Fiscal Fourth Quarter 2008 Results
In fiscal 2008, total revenues decreased 6.7% to $610.1 million as compared to $654.1 million in fiscal 2007.

11/11/2008 10:20 AM
Denny's Franchisee Association Hosts Largest Convention In Group's History
The 2008 Denny's Franchisee Association (DFA) convention was the largest in association history, hosting more than 1,000 attendees in Las Vegas on Nov. 2-5.

11/11/2008 09:54 AM
NBTA Predicts Cost Cutting Measures to Continue Into 2009 As a Result of Economic Slowdown
Rising Costs and Sluggish Travel Industry Growth to Significantly Impact Business Travel

11/11/2008 09:52 AM
Election Results Draw Pockets of Optimism for Bars and Restaurants
By a margin of two to one in a survey taken just before the 2008 election, bartenders within the nation's restaurants, nightclubs, hotels and bars were more optimistic that the election of Barack Obama would be good for their business. Overall, 31 percent of bartenders thought Obama's election would be good for business versus only 14 percent for John McCain.

11/11/2008 09:51 AM
California Pizza Kitchen Opens in McCarran International Airport in Las Vegas, Nevada
The new CPK restaurant, opened by franchise partner HMSHost Corporation, a world leader in travel dining and shopping, is located in the newly expanded Concourse D, which hosts sixteen different air carriers including Jet Blue, United and American Airlines.

11/10/2008 12:04 PM
ReServe Interactive Adds TableScout Table Status Alert System to Interface Offering
ReServe Interactive has added the TableScout(R) Table Status Alert System, to its list of industry leading POS interface offerings. The TableScout System is a hand-held device that allows restaurant employees to update table status in ReServe Interactive's Table Management software directly from the dining room in situations where updates from a traditional POS system are not available.

11/10/2008 11:12 AM
Landry's Restaurants, Inc. ('LNY'/NYSE) Reports Third Quarter 2008 Results
Revenues from continuing operations for the three months ended September 30, 2008, totaled $289.7 million, as compared to $295.8 million a year earlier, including $60.6 million and $62.7 million, respectively from the Golden Nugget properties.

11/10/2008 11:11 AM
McDonalds Global Comparable Sales Up 8.2% in October
McDonald's Corporation (NYSE:MCD) announced today that global comparable sales rose 8.2% in October. Systemwide sales for McDonald's worldwide restaurants increased 5.4% for the month, or 9.9% in constant currencies.