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Starbucks Beefs Up Regional Management
Starbucks Coffee Co. is reconfiguring and strengthening its three-region operating model. The Seattle chain has made several leadership changes to its ranks. Lucy Lee Helm has been named executive v.p., general counsel and secretary; Arthur Rubinfeld, chief creative officer and president-global development and Evolution Fresh retail; Annie Young-Scrivner, executive v.p./ president-Starbucks Canada; Colin Moore, senior…
Dunkin’ Brands Names Chief Global Strategy Officer
Dunkin’ Brands Group, the parent company of Dunkin’ Donuts and Baskin-Robbins, has appointed Neil Moses as its chief global strategy officer. Moses, who was serving as CFO, had lately been focusing on the company’s strategic initiatives. In his new post, he will oversee the company’s strategy, finance, global supply chain and information technology functions. Moses…
Houston To Gain 18 Mama Fu’s
The Austin, Texas-based chain has signed its largest franchise deal to date, inking a deal with a Houston franchisee to open 18 new Mama Fu’s Asian House restaurants in that city’s metro area. The chain plans to open between eight and 10 new stores around the country in the next 12 months. The ‘flex-casual” chain,…
Macroeconomic Forecasts Downgraded In June Survey
The consensus forecasts of the 50 major economic forecasting groups polled monthly by Blue Chip Economic Indicators fell again in the June survey. The group cut its forecast for growth of real gross domestic product in the U.S. by 0.2 point to 2.1% for this year and by 0.1 point to 2.4% for 2013. Another…
Restaurant Traffic Rose 1% In First Quarter, Says NPD
Mild winter weather prompted consumers to eat out at restaurants more often in the first quarter, according to data from The NPD Group’s CREST. Overall restaurant traffic was up 1% in the January through March period, compared to the first quarter last year. It was the strongest gain in visits since the second quarter 2008.…
Sales And Traffic Slowed In April, NRA Reports
Higher gasoline prices and softening jobs growth earlier this spring finally caught up with consumer spending at restaurants, according to the National Restaurant Association. The group’s monthly Restaurant Performance Index data on current same-store sales and customer traffic took strong hits in April, though both remained in positive territory. And operators remained optimistic about future…
SPECIAL REPORT: FER’s Top Dealers Rebounded In 2011
Aggressive chain buying and growing importance of Internet sales seen in second annual analysis of verified dealer volumes.
UNIT DESIGN: Tom & Eddie’s High-Tech Burgers
Tom & Eddie’s uses technology to streamline operations and ensure consistency.
The Sky Isn’t Falling
In this 24/7 news environment, I’d like to see a little perspective for once. If you watched or read almost any purported “news” late last week, you would have thought an economic D-Day was at hand. (Sorry, but it is June 6). We’re supposedly all headed down the tubes again. Gosh, how much can we…
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