Restaurant News Resource

Restaurants to Add 450,000 Summer Jobs, According to National Restaurant Association Projections

Fri, 25 May 2012 10:24:57 EST

Restaurants are expected to add 450,000 jobs this summer season, a 4.6 percent increase over the March 2012 employment level, according to National Restaurant Association projections released today. This year shows the highest summer employment numbers since 1993.

NYC Restaurant Serendipity 3 Receives a Guinness World Records® Title for the Most Expensive Hamburger in the World

Fri, 25 May 2012 10:21:39 EST

Known as Le Burger Extravagant, this $295.00 burger is a mix of Japanese Waygu beef infused with 10-herb white truffle butter

Papa Bello Issues LOI to Acquire ForgetAboutIt! Foods

Thu, 24 May 2012 11:44:47 EST

Papa Bello Enterprises (PINKSHEETS: PAPA) issues letter of intent to acquire ForgetAboutIt! Foods based in Brooklyn, NY.

Dave Hoffmann Appointed President of Asia/Pacific, Middle East & Africa Region for McDonald's

Thu, 24 May 2012 11:43:53 EST

McDonald's Corporation (NYSE: MCD) today announced that Dave Hoffmann, 44, currently Senior Vice President for Restaurant Support in McDonald's Asia/Pacific, Middle East and Africa (APMEA) region, has been elected President of McDonald's APMEA by the McDonald's Board of Directors, effective July 1.

Taco Cabana Opens New San Antonio Location

Thu, 24 May 2012 10:36:09 EST

San Antonio-based Taco Cabana celebrates the opening of a new restaurant location at 1-10 and Ralph Fair Road. The location, which reflects the brand's recent evolution and draws on the ideas of fun and flavor with a relaxed patio vibe, is the first new location in San Antonio since July 2008.

Bruster's Real Ice Cream Opens First International Location

Thu, 24 May 2012 10:33:57 EST

Bruster's Real Ice Cream opened its first international location in Georgetown, Guyana. W&T George and Company Ltd. signed a Master Franchise Agreement with Bruster's Real Ice Cream.

From Fringe to Mainstream: Companies Integrate CSR Initiatives into Everyday Business

Thu, 24 May 2012 10:12:37 EST

In 1970, the economist and Nobel laureate Milton Friedman published an article in The New York Times Magazine titled, 'The Social Responsibility of Business Is to Increase Its Profits.' In the article, he referred to corporate social responsibility (CSR) programs as 'hypocritical window-dressing,' and said that businesspeople inclined toward such programs 'reveal a suicidal impulse.' Even four decades ago, at a time of growing public concern for the environment, his views represented the general skepticism and contempt with which many in Corporate America viewed CSR.

CKE Restaurants Files Brief in Support of Lawsuit Fighting Inflated Credit and Debit Card Swipe Fees

Thu, 24 May 2012 09:52:49 EST

CKE and the other chains strongly support the pending lawsuit, which states that the Federal Reserve failed to follow key requirements of a 2010 law when it adopted a cap on debit card swipe fees.

Pollo Tropical® Opens Third Restaurant in Jacksonville, Florida

Thu, 24 May 2012 09:48:23 EST

Pollo Tropical® celebrated the grand opening of its third company-owned restaurant, in Jacksonville, Florida at the River City Marketplace, 730 Skymarks Drive, on Friday, May 18th, 2012.

Pollo Tropical Opens Third Venezuela Franchise Location

Thu, 24 May 2012 07:07:09 EST

his is the third in a ten-unit development agreement with Restaurantes Internacionales C.A. The Venezuelan-based franchisee has opened two other Pollo Tropical restaurants in Barquisimeto and Punto Fijo since 2010.

AFC First Quarter 2012 Net Income Up 21%

Thu, 24 May 2012 07:02:23 EST

Global same-store sales increased 7.4% on top of a 3.9% increase last year. Domestic same-store sales increased 8.1% on top of a 3.9% increase in 2011. International same-store sales increased 2.3% on top of a 4.1% increase last year.

Beef is Taking a Back Burner to Chicken

Wed, 23 May 2012 10:47:47 EST

Beef may not be 'what's for dinner.' After the recent report of mad cow disease in California, combined with the bad press that is already looming over the beef industry from 'pink slime' – the beloved chicken might be making a resurgence on the foodservice scene, according to latest research from Mintel.

Dickey's Barbecue to Expand Across Mississippi

Wed, 23 May 2012 10:45:19 EST

Dickey's Barbecue Pit is steering growth to Mississippi. The barbecue franchise currently has five locations in the state and another set to open later this summer.

Harwood Feffer LLP Announces Investigation of Benihana, Inc.

Wed, 23 May 2012 10:40:02 EST

Harwood Feffer LLP is investigating potential claims against the board of directors of Benihana, Inc. (NASDAQ: BNHN) concerning the proposed acquisition of the Company by Angelo, Gordon & Co. in a transaction valued at approximately $296 million.

VooDoo BBQ Franchise Appoints Chef and Business Vet Gregg Frazer to Executive Team

Wed, 23 May 2012 10:34:21 EST

Gregg Frazer, whose long career as a chef and restaurant executive has taken him from fine dining establishments in Australia to a Mississippi-based network of chain eateries, has joined the executive team at VooDoo BBQ & Grill.

Pizza Patron Gives Away Free Pizza to Those That Order in Spanish

Wed, 23 May 2012 10:31:00 EST

On Tuesday, June 5th from 5pm to 8pm, Pizza Patrón is launching its PIZZA POR FAVOR™ event at restaurants nationwide. Every customer that orders in Spanish will receive a free large pepperoni pizza, which is the company's top-selling product. Free pizzas are limited to one per customer between 5pm and 8pm, at participating locations, while supplies last.

Cosi, Inc. Reports 2012 First Quarter Results

Wed, 23 May 2012 10:29:09 EST

Così, Inc. (NASDAQ: COSI), the fast casual restaurant company, reported that it had reduced its net loss for the first quarter ended April 2, 2012 by $1,012,000 or 47% to $(1,128,000), or $(0.02) per basic and diluted common share, compared with the net loss of $(2,140,000), or $(0.04) per basic and diluted common share, reported for the 2011 first quarter.

Food & Beverage - How to Use Safety to Get Ahead of Competitors - By Ken Burgin

Tue, 22 May 2012 12:30:28 EST

Tough regulations and the employer's Duty of Care are here to stay - get used to it.

Restaurant Trends - Growing And Emerging Concepts - Change and Activity May 22, 2012

Tue, 22 May 2012 12:16:49 EST

Update from Restaurantchains.net on growing and emerging restaurant concepts

Benihana to Be Acquired by Angelo, Gordon & Co.'s Private Equity Group for $296 Million

Tue, 22 May 2012 11:08:41 EST

Definitive Merger Agreement Announced For Benihana