Restaurant News Resource
October, 30 2019
TripAdvisor and TheFork Economic Impact Study in the Restaurant Market
PwC Strategy& Study Shows That TripAdvisor and TheFork Influenced Nearly $8 Billion in Diner Spending Within the Growing Global Restaurant Industry
The study found that the global restaurant market reached $1.6 trillion in 2018, and its annual growth is expected to accelerate from 2.9% (2010-2018) to 4.7% (2018-2022) Read More
Development News
Captain D's Tackles Expansion Across Two Regions With Multi-Unit Franchisees
Drives Footprint Across Kentucky and Wisconsin Read more
Development News
FCPT Announces Acquisition of a Buffalo Wild Wings Property for $2.4 Million
The property is located in Texas and is occupied under a double-net lease with approximately 3 years of term remaining. The transaction was priced at a 6.5% cash cap rate, inclusive of percentage rent paid and exclusive of transaction costs. Read more
A&G Hires Jeffrey K. Hoffmann to Lead Its Restaurant Real Estate Division
Chicago-based financing and real estate veteran has years of experience working with restaurant operators of all types and sizes, including a Who's Who of national chains. Read more
Outstanding Food Safety Leader
Outstanding Food Safety Leader Award Presented to Jorge Hernandez
L.-R.: Bob Sherwood, executive vice president, global institutional food safety & public health, Ecolab; Jorge Hernandez, vice president, quality assurance, The Wendy’s Company; Jean Edsall, director food safety programs, Compass Group North America; and Mark “Mick” Miklos, director, food safety and quality assurance programming, National Restaurant Association.
The National Restaurant Association, with support from Ecolab, recently named Jorge Hernandez, vice president of Quality Assurance at The Wendy’s Company, as the first Outstanding Food Safety Leader Award recipient. The announcement was made during the Food Safety and Quality Assurance Executive Study Group conference in Orlando, Florida. Read more
The David Grutman Experience: The Class
Florida International University Welcomes David Grutman As Its Next Hospitality Guest Professor
David Grutman
CEO & Founder of Groot Hospitality Joins Chaplin School of Hospitality & Tourism Management to teach 'The David Grutman Experience: The Class' Read more
Force In Training
SoCalGas Teams Up with California Restaurant Association Foundation to Help Students Get Their First Jobs
SoCalGas takes part in 'Force In Training,' a one-day statewide program that prepares teens to enter the workforce Read more
Plastic Straw Pollution
Arcos Dorados Eliminates 200 Tons of Plastic Waste by Removing Straws at 2,200 Locations Throughout Latin America
Arcos Dorados (NYSE:ARCO), the world’s largest independent McDonald's franchisee, today announced that it has eliminated approximately 200 tons of single-use plastic, roughly equivalent to the weight of 100 cars, since removing straws one year ago from beverages served at its 2,200 locations throughout Latin America and the Caribbean. Read more
Restaurant Brands International Results
Restaurant Brands International Inc. Reports Third Quarter 2019 Results
RBI announces system-wide sales growth of nearly 9% and continued restaurant expansion around the world - BURGER KING® achieves its highest quarterly comparable sales growth since 2015 - POPEYES® records one of its strongest comparable sales growth results in nearly two decades - RBI refinances existing $1,250 million 1st Lien Notes due 2022, generating significant interest savings Read more

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In Brief...

Chipotle Results
Chipotle Announces Third Quarter 2019 Results

New Openings
Chicken Salad Chick To Open 14th Restaurant In Tennessee

New Openings
Chicken Salad Chick Continues Expansion In North Carolina With New Restaurant Opening In Wilmington

New Openings
THE ONE Group Hospitality, Inc. Opens Location in Florence, Italy

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