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Thai Chain Plans 500 QSRs Down Under
Thailand’s Charoen Pokphand Foods is planning to roll out up to 500 quick-service Thai restaurants in Australia. The foodservice division of Thailand’s largest agribusiness company also plans to expand into the ready-to-eat meals segment during the next five years, with 300-500 stores offering a modern Thai quick-serve menu. The concept, 1000Wat, recently debuted in Melbourne;…
British Chain Prezzo Sold To Texas Equity Firm
The casual dining Italian-style group Prezzo has accepted a takeover offer from the Texas-based private equity firm, TPG. The deal is worth £304 million ($483 million). Founded in 2000 in Oxford, Prezzo currently has nearly 250 restaurants across the U.K., including more than 200 under the core Prezzo brand and 37 under its Mexican-themed Chimichanga…
Taylor Parent Adds Consumer Housewares Firm
Taylor Precision Products, parent company of foodservice thermometer maker Taylor and brands in four other industries, has acquired
EVENTS: Conference Call
Learning and networking opportunities abound during upcoming national conferences for noncommercial foodservice professionals.
DESIGN: Great Expectations
The search for “the right oven” for a new bakery led entrepreneurs at the Sugarie Bake Shop, Pleasanton, Calif., to Pacific Gas and Electric’s Food Service Technology Center. There they found advice not only on ovens but just about every other piece of equipment intended for their shop.
GALLERY: Combi Ovens
There are more than 20 makers of combi ovens. For the purposes of our Combi Oven Gallery, we are only including models that have been introduced at or after the National Restaurant Association Show 2012. Please note that several manufacturers not included here (see sidebar in this month’s FER Focus) are introducing new models this…
FER EXCLUSIVE: How To Avoid Installation Nightmares
It’s easier said than done: Plan the work. Work the plan.
Darden To Part With Red Lobster, Cuts Cap-Ex By $100 Million
Darden Restaurants, which announced plans last month to sell or spin off its Red Lobster chain, is suspending the opening of new Olive Garden locations and cutting back on the number of new LongHorn Steakhouse restaurants. Red Lobster, which has 705 restaurants in the U.S. and Canada, has seen stagnant same-store sales in the past…
Saladworks Expands Footprint Into Four New Countries
The healthy-eating focus that underlies Saladworks’ name and concept is moving into new territories overseas. The Conshohocken, Pa., fresh-tossed salad franchise concept has signed four international master franchise agreements for more than 50 stores in major markets in Canada, Qatar, Singapore and the United Arab Emirates. Fifteen stores, including one that opened last summer, are…
Red Or White, Wine Temps Are Perfect On Tap
Whether it’s beer, wine or cider by the glass that an operator needs to tap, Perlick’s new Dual-Zone Wine/Refrigeration Center will do the job. The 36-inch (91.4cm) wine dispensing unit is the first of its size to feature two compartments with separate temperature zone ranges and the ability to dispense from four wine kegs. The…
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MANUFACTURERS
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SERVICES
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