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Restaurant News
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Restaurant news

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Feb 02, 2012 10:36AM

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.

Feb 02, 2012 07:49AM

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

Feb 02, 2012 07:47AM

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

Feb 02, 2012 05:43AM

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

Feb 02, 2012 05:40AM

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.

Feb 02, 2012 05:38AM

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.

Feb 02, 2012 05:37AM

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.

Feb 01, 2012 09:29AM

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.

Feb 01, 2012 09:28AM

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.

Feb 01, 2012 09:00AM

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.



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