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McDonald’s Sets $3.2 Billion Cap-Ex Budget For New And Existing Stores
The world’s largest restaurant brand will be more aggressive this year in its pursuit of sales and customers. The pledge from McDonald’s Corp. CEO Don Thompson comes as the company announced global same-store sales were up 3.1% in 2012. Sales numbers slipped a bit in the fourth quarter, but the chain is investing big in…
Mooyah Makes A Move
Dallas-based Mooyah has opened its 50th “better burger” unit. The Plano, Texas, store, which opened March 4, is the chain’s 35th outlet in its home state. The fast-growing brand also is aggressively pursuing franchise growth in California, Florida, New England, North Carolina, Oklahoma and Virginia. Mooyah currently has stores in 10 states. The six-year-old chain…
New Exec Will Spearhead Taco Cabana, Pollo Tropical Development
Fiesta Restaurant Group has hired Ed Carnevale as v.p.-construction services to support growth of its Taco Cabana and Pollo Tropical brands. Fiesta has 255 company-owned and operated restaurants and 44 franchised restaurants in the U.S., Puerto Rico, the Bahamas, Costa Rica, Ecuador, Honduras, Panama, Trinidad and Tobago and Venezuela. Carnevale will report to Chief Development…
IFMA Presents Gold Plate Award To Independent/Multi-Concept Operator
John C. Metz Jr., CEO/executive chef and co-founder of Atlanta-based Sterling Hospitality, was named the Gold Plate Award winner by the International Foodservice Manufacturers Association on May 20. Metz, nominated by The Coca-Cola Co. and Ecolab, was one of eight operator executives who were eligible for the award after receiving the IFMA Silver Plate award…
New Directions For Cornyn And Fasano
John Cornyn and Joyce Fasano, veteran foodservice consultants best known for long careers at The Cornyn Fasano Group designing facilities for the educational sector, B&I, recreational and fine arts sectors, have closed shop and taken executive roles at another firm. Cornyn and Fasano are now vice presidents at Brailsford & Dunlavey. Cornyn and Fasano joined…
NRA To Host First-Ever Restaurant Innovation Summit
The National Restaurant Association will host a two-day seminar this fall as a way to offer operators ideas to better engage guests through emerging technology. “Restaurant Innovation Summit: Emerging Technology and the Customer Experience,” Oct. 23-24 in Denver, will feature sessions on mobile payment, enabling in-store customer interaction, maximizing out-of-store interaction, and leveraging big data.…
Hooters Parent Buys American Roadside Burgers
Chanticleer Holdings, parent of the 430-unit Hooters chain, has announced an agreement to acquire all outstanding shares of five-unit burger chain American Roadside Burgers. Terms of the acquisition were not released; the deal is expected to be approved by Sept. 30. Both companies are based in Charlotte, N.C. ARB is a 10-year-old casual-dining restaurant chain…
Middleby Marshall Marks 125 Years Of Oven Manufacturing
Middleby Marshall is celebrating a landmark year in the foodservice E&S business: 125 years as an oven manufacturer. Among the honors the company has received on its anniversary is an honorary street sign, “Middleby Way,” displayed on Toastmaster Drive by its headquarters in Elgin, Ill. It is only the third such honorary street sign in…
SFM Rebrands Officially As SHFM, Presents Awards
In with the new this month as the 35-year-old Society for Foodservice Management has become the Society for Hospitality and Foodservice Management. The strategic brand enhancement was unveiled in October at the association’s national conference in Bonita Springs, Fla. The change addresses the evolving responsibilities of the association’s key member segment, Client Liaisons and Self-Operators…
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