Restaurant News Resource
August, 21 2018
State of Restaurant Sustainability 2018
More Restaurants Are Sustainable, Survey Says
Find out what 500 owners and operators said about the challenges they face and opportunities available by operating more efficiently. Read More
Restaurant Trends
Restaurant Trends - Growing And Emerging Concepts - Change and Activity August 14, 2018
Update from on growing and emerging restaurant concepts Read more
Development News
RCI Hospitality Holdings Announces Agreement to Acquire Top Gentlemen's Club in Pittsburgh
RCI Hospitality Holdings, Inc. (NASDAQ :RICK ) today announced a subsidiary has signed a definitive agreement to acquire the assets of Blush Gentlemen's Club & Sports Bar, a top club located in Pittsburgh, and related real estate for total consideration of $15.0 million. Read more
Development News
The Wendy's Company Sells Ownership Interest in Inspire Brands for $450 Million
The Wendy's Company (NASDAQ: WEN) announced today that it has accepted an offer from Inspire Brands (Owner of Arby's, Buffalo Wild Wings, and R Taco) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. Read more
Development News
Popeyes Brand to Launch in the Philippines
Popeyes enters its first major master franchise development agreement in Asia Read more
Development News
Zoe’s Kitchen, Inc. to Be Acquired by CAVA Group, Inc.
$12.75 per share purchase price represents approximately 33% premium to Zoe’s Kitchen NYSE 30-day volume weighted average price Read more
Development News
Applebee's Franchisee Legacy Apple Expands Portfolio To Tennessee
Legacy Apple purchases eight restaurants in the greater Nashville, Tenn. area from Woodland Group Read more
Management Appointment FAT Brands
Rebecca D. Hershinger Named Chief Financial Officer for FAT Brands
Ron Roe will continue as Senior Vice President of Finance for the Company, focusing on the integration of FAT Brands’ recent and future acquisitions. Read more
Food Waste Management
Food Chains to Explain How They Reduced Their Waste
Food Chains to Explain How They Reduced Their Waste
ReFED's webinar on food waste reduction will look at the successes of some restaurant and food companies, who will share best practices and lessons learned. Read more
3rd Party Restaurant Menu Ordering Sites
Restaurants Scramble to Remove 3rd Party Menu Sites from GMB Listings - Online Ownership
There has been a recent scramble from restaurants wanting to remove 3rd party menus sites from their Google business listings. The reason for this uptake in restaurants asking how to remove these menu ordering sites is because Google started testing Post like Ads from the 3rd Party Menu Ordering sites into the restaurants local knowledge panel. Read more

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In Brief...

ONE Group Results
The ONE Group Hospitality, Inc. Reports Second Quarter 2018 Results

New Openings
Tropical Smoothie Cafe Opens 700th Location

Product News
Boston Market Launches Nationwide Delivery

Papa John's Investigation
Papa John's Investigation Initiated by Former Louisiana Attorney General

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