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Kiosks Help Tossed Mix Its Venues
With only half a dozen stores, Tossed is a small chain. But its new expansion plans might change that profile. The Ft. Lauderdale, Fla., gourmet salad chain is taking its concept into kiosks. The modular kiosk design, available in multiple configurations, takes the Tossed concept into malls, food courts and open-air settings where the 12-year-old…
Burger King Goes Private, Is Sold To 3G
The news was all over the papers last week: Burger King was for sale. Once the smoke cleared, it was announced that the world’s No. 2 burger chain had agreed to be purchased by private-equity firm 3G Capital for about $4 billion. At the time of the announcement, Burger King’s market value was estimated at…
Focus Adds Auntie Anne’s To Its Lineup
Never let it be said that Focus Brands doesn’t have wide-ranging taste in foodservice companies. In a deal expected to close later this fall, Focus has signed a definitive agreement to purchase Auntie Anne’s, adding soft pretzels to a brand lineup which already sells ice cream, coffee, baked goods, sandwiches and BBQ. Auntie Anne’s, based…
Easterbrook To Lead McDonald’s Europe
Steve Easterbrook has been named president of McDonald’s Europe. Easterbrook, who currently serves as executive v.p. and global chief brand officer, will assume his new post Dec. 1. The 16-year company veteran became CEO of McDonald’s United Kingdom in April 2006 and president of Europe’s northern division—including Scandinavia and Ireland—the following January. He succeeds Denis…
Hobart Awards Fourth Annual Sustainability Grant
The Hobart Center for Foodservice Sustainability has awarded a $5,000 grant to Georgia Tech Dining Service (Sodexho) for its comprehensive energy- and water-savings initiatives, intensive composting and recycling, and use of more local and organic produce. “The quality of entries in terms of innovation and best practices in sustainability was extremely impressive,” said Rick Cartwright,…
A Little Pressure Comes Off Metals Prices
After a nearly yearlong run-up in the prices of many key metals used in foodservice equipment and supplies, prices have plateaued and even fallen since the beginning of June. According to O’Neal Steel, writing in the July issue of Prime Advantage’s PrimeTimes e-newsletter, nickel surcharges for stainless grades such as 304 and 430 have fallen…
Economists Pare Key U.S. Macro Forecasts for 2010 and ’11
The slowdown in the growth of consumer spending over the summer has led economists to cut their forecasts of most key economic measures. Forecast growth of U.S. real gross domestic product for 2010 dropped 0.2 point to 2.7% in the early September survey of more than 50 economists by Blue Chip Economic Indicators newsletter. Predicted…
Fast-Food Foes Fend Off Change In Wisconsin
For those keeping track of American frontiers with skylines still clear of fast-food chain signage, you can add Sister Bay, Wis., to the list. The Door County village known for its quaint ambience and summer residents has long maintained a moratorium on fast-food restaurants. A recent request to open a Subway outlet there rallied a…
Fast-Food Openings Remain A No-Go In South L.A.
Opening a new QSR in South Los Angeles is going to remain difficult, if not impossible. The moratorium on new, freestanding fast-food units instituted by the L.A. City Council in 2008 expired Sept. 14, but a proposal to make the ban permanent is expected to be approved by the council sometime in the next two…
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