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February 05, 2009
Technomic: calorie count on menu influencing item and restaurant choice
A new survey conducted by foodservice consultants Technomic, Inc. revealed that the mandated calorie disclosure for New York City restaurants with 15 or more units is affecting what items consumers order and which restaurants they visit. Technomic fou...
February 03, 2009
Yum! Brands Q4 profit declines 12%;adjusted earnings beat consensus
Restaurant chain operator Yum! Brands Inc. (YUM), Tuesday announced that fourth quarter profit declined 12% from last year, hurt by charges, and negative impact from foreign currency translation. Excluding charges, earnings grew over the year-ago, and...
January 26, 2009
McDonald's to open 1,000 stores
Announcing McDonald's Q4 and 2008 results, chief executive Jim Skinner said: "For 2009 we plan to invest $2.1bn in capital to open about 1,000 new restaurants and reinvest in our existing locations." Despite beef, cheese, and other ingredien...
January 24, 2009
Burger King, líder en Sudamérica
Burguer King está consolidando su crecimiento en Sudamérica, en especial en México donde la franquicia cuenta ya con 400 establecimientos, superando claramente a su más directo competidor, Mc Donald’s, que se sitúa con 374 puntos de venta en el país az...
January 12, 2009
NYC baked potato shop 'Totally Baked' closes, the result of a failed concept
Jason Apfelbaum's Totally Baked—baked potato restaurant—on 18th Street—has closed. After spending a ton of cash, the successful catering entrepreneur has been forced to accept that his business model was flawed. According to numerous comments on the In... Sponsored Content
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January 09, 2009
CONAGRA LAMB WESTON: An in-depth discussion with Mark Hayden, senior VP of supply chain and distribution sales
Refridgerated and Frozen Foods held an extensive interview with Mark Hayden, senior VP of supply chain and distribution sales at Conagra Lamb Weston.An exerpt: “When you get into these types of economic conditions, operators need someone to bring them...
January 04, 2009
McDonald's stock up 4.5% for the year 2008
Restaurateurs were hit with a double whammy of increased costs and dropping sales in 2008. But looking back at the carnage, there are a few bright spots. Although the restaurant sector dropped by 20%, it still beat the S&P’s 38% loss. In fact, ther...
December 31, 2008
National Restaurant Association reports record low performance index
The outlook for the restaurant industry worsened in November, as the National Restaurant Association’s comprehensive index of restaurant activity fell to a record-low level. The Association’s Restaurant Performance Index (RPI) – a monthly composite ind...
December 31, 2008
Seattle Fast-food chains must now post fat, calories
As of Jan. 1 2009 more than 1,500 fast-food and chain restaurants throughout Seattle and King County will be required to post on their menu boards or some other "easily readable"sign how many calories, milligrams of sodium and grams of satura...
December 23, 2008
Technomic names restaurant trends for 2009
Foodservice consultants and research firm Technomic has released its top trends for the restaurant industry in 2009. The consulting group said that while the industry may be facing the toughest New Year in recent memory, opportunities are still present...
December 19, 2008
National Restaurant Association releases 2009 trends forecast
Research released today by the National Restaurant Association shows that Americans are looking for healthier options and "greener"restaurants when they dine out, in addition to an increased interest in value and convenience. Surveys of resta...
December 09, 2008
McDonald's Nov sales up;strong dollar a concern
McDonald's Corp posted higher November sales at restaurants open at least 13 months, helped by an extra weekend, while the strengthening dollar pressured international sales, especially in Europe.McDonald's and other fast-food restaurants have been boo...
November 20, 2008
Jobs lost and moved at Wendy's headquarters
About 14 Wendy's headquarters employees will lose their jobs early next year and 120 positions at the Dublin headquarters will move to Atlanta in phases during 2009. In addition, about 45 field-organization jobs will be eliminated. In September, Tria...
November 20, 2008
McDonald's brings moms behind the scenes
The only obstacle between kids and their french fries: Mom. So here is Debra DeMuth, McDonald's global nutrition director, mounting a spirited defense of fries to five mothers of young children at a McDonald's in Baltimore. "They are probably one ...
November 17, 2008
Burger King launches attack on Casual Dining Industry
Soon, the troubled casual-dining industry won't just be worrying about its nearest competitor -- Burger King could be closing in as well with a new slate of premium items, including ribs and thicker burgers."These up-market products are going to m...