
Restaurant News
Nevistas Offers Hotel Sale Leaseback Financing Program for Flagged Hotels
A financing alternative that frees up capital allowing the owner to invest back into the same or different business.
Quaker Steak & Lube Names John Longstreet President and CEO
The Quaker Steak & Lube board of directors named John H. Longstreet president and CEO, effective April 1, 2010. He succeeds Ken Cole, who stepped down at the end of February to focus on opening Quaker Steak & Lube franchise restaurants and other business opportunities.
Jamba, Inc. Reports Financial Results for Fourth Quarter and Fiscal Year 2009
Financial initiatives that improved store level margins to 15.1% of total revenue, lowered G&A by 22.9% to $37.0 million, and eliminated all long term debt.
Culinary Escapes Feeds Detroit’s Culinary Tourism Scene
Guided Walking Food Tours a Must-Do For Foodies Across The Country
White Paper - Six Mistakes Companies Are Making Today And How You Can Avoid Them
When the economy slows, many businesses react by retrenching and cutting costs in order to weather the downturn.
IFWTWA Announces 2010 WiFTy Scholarship Applications Now Available
The International Food, Wine & Travel Writers Association (IFWTWA) is pleased to announce that it will award its second Annual WiFTy (wine, food, travel writing) scholarship to a writer who aspires to enter the field of food, wine and/or travel writing and who is not already a writer in any of those fields and earned over $500 from those fields in 2009.
Papa Bello Enterprises Names Sunit Saha President of Papa Bello Pizza
Papa Bello Enterprises (Pink Sheets: PAPA) is pleased to announce that the company has named Sunit Saha President of their Papa Bello Pizza concept.
The 2010 BK(R) NEXT BEST MOVE(SM) National Tour Hits Charleston on March 17
Mobile tour searches for local "Game-Changers" on the court and in the community
Domino's Pizza Names John Macksood to EVP, Supply Chain
David Mounts Leaving Domino's to Become CEO of Inmar, Inc.
Guadalajara Welcomes Johnny Rockets With Special Grand Opening Celebration
Expanding upon the international restaurant chain's growing presence in Central Mexico, Johnny Rockets announces Zapopan, Jalisco as the newest Home of the Original Hamburger.
Western Sizzlin Corporation Mails Definitive Proxy Statement/Prospectus and Announces Notification to NASDAQ of Intent to Delist in Connection with the Merger
Western Sizzlin Corporation (Nasdaq: WEST) announced today that it has commenced the mailing of a definitive proxy statement/prospectus in connection with the proposed acquisition of Western by The Steak n Shake Company ( SNS).
L.A. Area Dining Establishments Informed of Possible Data Security Breach
Officials of The Westin Bonaventure Hotel & Suites which is independently owned by Today's IV, Inc. and operated by Interstate Hotels & Resorts, Inc. under a license issued by Westin Hotel Management, L.P. announced that the hotel's four restaurantsLake View Bistro, Lobby Court Bar, Bonavista Lounge, L.A. Prime and its valet parking operations may have suffered a data security breach between April 2009 and December 2009.
Restaurant Trends - Growing And Emerging Concepts - Data Reflects Change and Activity from November 1, 2009 to March 1, 2010
Update from Restaurantchains.net on growing and emerging restaurant concepts
Jack in the Box Rolls Out New French Fries
French fry connoisseurs are a most discerning sort, perhaps even more so than their wine-tasting counterparts. Whereas wine aficionados practice five basic evaluations color, swirl, smell, taste and savor a true fries connoisseur also considers things like crispness, temperature, even freshness.
Benihana Inc. Announces Summary Judgment Related to Pending Litigation By Former Haru Minority Shareholders Has Been Granted in All Material Aspects
Benihana Inc. (NASDAQ: BNHNA; BNHN) today announced that its motion for summary judgment in the pending litigation against it brought by the former minority shareholders of the Companys Haru operating segment has been granted in all material respects.
Caruso Affiliated Announces Hiring of John Cugasi to Lead New Airport Retail Venture
Caruso Affiliated CEO and Founder Rick J. Caruso today announced the creation of a new business venture to pursue airport retail opportunities and the appointment of John Cugasi as the companys first Vice President for Airports to lead the effort. Cugasi served most recently as the Director of Concessions at Hartsfield Jackson Atlanta International Airport overseeing the lease management and development of the airports concessions program.
Ruby Tuesday, Inc. Reports Continued Sales Improvement
Ruby Tuesday, Inc. (NYSE: RT) today announced that same-restaurant sales for Company-owned restaurants were -0.8% to -1.0% in the third quarter ended March 2, 2010, compared to the same quarter of the prior year.
Brewers Association Announces 2009 Craft Brewer Sales Numbers
Craft Brewer Sales Grow 7 Percent in a Year of Decreased Beer Sales for Other Brewers
Rick’s Cabaret International, Inc. Reports Record $7.65 Million Nightclub Sales in February; Same Club Comps Rise 28.2%
Ricks Cabaret International, Inc. (NASDAQ: RICK), the nations premier operator of upscale gentlemens clubs, said sales at its nightclubs in February were $7.65 million, a 34.7 percent increase over sales of $5.58 million in February 2009.
2010 Food Network South Beach Wine & Food Festival Presented by Food & Wine Raises Approximately $2 Million for Florida International University School of Hospitality and Tourism Management
The ninth annual Food Network South Beach Wine & Food Festival, February 2528, 2010, was once again a successful and unforgettable extravaganza. More than 50,000 guests attended the four-day event, and over $2 million was raised for the Florida International University (FIU) School of Hospitality and Tourism Management and the Southern Wine & Spirits Beverage Management Center.
















