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February 07, 2012

In The News



Restaurant News Resource

Restaurant News Resource

Restaurant Industry News


02/07/2012 02:54 PM
Restaurant Trends - Growing And Emerging Concepts - Change and Activity Feb 7, 2012
Update from Restaurantchains.net on growing and emerging restaurant concepts


02/07/2012 02:49 PM
Yum! Brands Inc. Announces Full-Year EPS Growth of 14%, or $2.87 Per Share, Excluding Special Items; Marks 10th Consecutive Year of at Least 13% EPS Growth; China Opens a Record 656 New Units
Worldwide system sales grew 7%, prior to foreign currency translation, including 29% in China and 8% at YRI. System sales in the U.S. were even.


02/07/2012 02:48 PM
Krispy Kreme Franchise Locations Throughout South, Central and West Texas Gain Technology Advantage With MICROS Cloud Solution, Simphony
Enterprise cloud-based POS helps improve efficiency and reduce costs.


02/07/2012 02:45 PM
Starbucks to Partner with Ai Ni Group to Bring China’s Yunnan Coffee to the World
As part of its ongoing efforts to help elevate the coffee industry in China’s Yunnan Province, Starbucks Coffee Company (NASDAQ: SBUX) announced that it has signed an agreement to form a joint-venture company with Ai Ni Group, one of the province’s most established coffee operators and agricultural companies in Yunnan.


02/07/2012 02:42 PM
Icky Stuff: 20 Ways to Upset and Lose Customers - By Ken Burgin
Check around you - the look, feel, smells and sounds that customers notice when they spend time at your bar, café or restaurant.


02/07/2012 02:40 PM
Yogurt Mountain Announces Opening of 41st Store Located in Nashville, TN
The new store is located at 5225 Old Hickory Blvd., Suite 204 in Hermitage, Tenn, 1 mile north of I-40 next to Firehouse Subs.


02/06/2012 04:30 PM
Nathan's Famous, Inc. Reports Third Quarter Results
Net income was $1,211,000 or $0.24 per diluted share as compared to net (loss) of $(153,000) or $(0.03) per diluted share for the thirteen weeks ended December 26, 2010;


02/06/2012 04:19 PM
Sonic Appoints New Chief Marketing Officer
O’Reilly brings more than 20 years of senior level leadership in consumer driven marketing, brand management and product development, including extensive experience within the quick service restaurant segment


02/06/2012 03:55 PM
The Art of the Impresario. By John Hendrie
These are the men of Hospitality performance art, and every company needs someone in this role.


02/02/2012 05:36 PM
Secret to Rapid Expansion for Top Chains: Excellent Customer Satisfaction
A number of the fastest-growing fast-food and fast-casual chains, including Jersey Mike’s Subs, Zaxby’s, Five Guys Burger & Fries and Jimmy John’s, are also among the nation’s best-rated large chains and have sustained their 'overall customer satisfaction ratings' as they’ve grown.


02/02/2012 02:49 PM
Restaurant Industry Set to Outpace National Job Growth, Reach Record Sales in 2012
National Restaurant Association’s 2012 Restaurant Industry Forecast Reveals Economic, Workforce, Technology and Consumer Trends


02/02/2012 02:47 PM
Hispanic Scholarship Fund Partners with Olive Garden for the 'Cocinando Un Futuro' Scholarship Program
Partnership contributes to Generation 1st Degree, an HSF initiative with the goal of adding more than 14 million new Hispanic college graduates by 2025


02/02/2012 12:43 PM
Green Mountain Coffee Roasters, Inc. Reports Fiscal Year 2012 First Quarter Results
Net sales of $1,158.2 million, up 102% over net sales of $574.1 million in the year-ago quarter


02/02/2012 12:40 PM
Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2011 Results
Revenue for the quarter was $596.7 million, up 23.7% from the prior year period. The growth in revenue was the result of new restaurants not in the comparable base and an 11.1% increase in comparable restaurant sales. Comparable restaurant sales growth was primarily driven by increased traffic in the quarter as well as the impact of menu price increases implemented between March and August.


02/02/2012 12:38 PM
Baja Fresh Returns to Chicago
Baja Fresh Mexican Grill, the quick-casual fresh Mexican chain, announced the grand opening of its newest Baja Fresh in Niles, IL.


02/02/2012 12:37 PM
Granite City Food & Brewery Acquisition of Cadillac Ranch Stores Expected to Increase Revenue and Adjusted EBITDA
Granite City Food & Brewery Ltd. (NASDAQ:GCFB) recently announced that it has completed the purchase of the assets of five Cadillac Ranch All American Bar & Grill restaurants, in Bloomington, Minnesota; Miami, Florida; Oxon Hill, Maryland; Annapolis, Maryland; and Indianapolis, Indiana, for an aggregate purchase price of approximately $6.2 million.


02/01/2012 04:29 PM
National Restaurant Association Registers Support for Tax Extenders
In a statement for the record for today’s Senate Finance Committee hearing, “Extenders and Tax Reform: Seeking Long-Term Solutions,” the National Restaurant Association’s David Koenig, Vice President of Tax and Profitability, called for the extension of several tax provisions that are critical for the restaurant industry, the nation’s second-largest private-sector employer.


02/01/2012 04:28 PM
CiCi's Pizza Announces 2012 Growth Plans
CiCi's Pizza, home of the custom pizza buffet, announced today its 2012 growth plans to support its continuing 10-year "Build the Brand" initiative to add 500 new restaurants by 2020.


02/01/2012 04:00 PM
Sbarro Names Dynamic, New Management Team to Lead Company’s Growth Initiative
The Board of Directors of Sbarro, Inc. announced that James Greco, 54, has been named President and Chief Executive Officer, effective immediately.


02/01/2012 03:58 PM
Reliant and Pappas Restaurants Make Electric Vehicle Charging Convenient for Steakhouse Customers
The Houston-based restaurant company worked with its retail electricity provider Reliant, an NRG company, to install an electric vehicle charging station at its premier location on Westheimer Road in Houston.