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Log In / Register | Mar 30, 2017

Pita Pit Introduces New Team of Business Coaches to Boost Field...

PR Web - Tue, 2017-03-28 03:30

Group of Experienced Industry Professionals to Guide, Train, Educate and Motivate Growing System of Local Business Owners Across the U.S.

(PRWeb March 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14166577.htm

OpenWorks Expands to Washington, D.C.

PR Web - Tue, 2017-03-28 03:30

Nation’s Leading Integrated Facility Services Franchise Opens First Office in Mid-Atlantic Area

(PRWeb March 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14166791.htm

Valvoline Instant Oil Change℠ Launches Their Annual MDA Shamrocks...

PR Web - Tue, 2017-03-28 03:30

Valvoline Instant Oil Change℠ raises money for Muscular Dystrophy Association in Michigan, Ohio and Florida communities.

(PRWeb March 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14168084.htm

Sherri Wright and Shonda Smith Launch Alabama’s First Caring...

PR Web - Tue, 2017-03-28 03:30

Caring Transitions is America’s largest resource for managing senior relocations as well as downsizing and estate liquidations.

(PRWeb March 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14170708.htm

Cascade Sotheby’s International Realty surpasses $1 billion in sales...

PR Web - Tue, 2017-03-28 03:30

Real estate powerhouse attributes its robust growth to recent expansion to Portland Metro and Oregon Coast markets, market share in Central Oregon, power of brand

(PRWeb March 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14167790.htm

More Like MOO Jersey: MOOYAH Continues Growth in The Garden State

PR Web - Tue, 2017-03-28 03:30

Customizable Burger Franchise Chain Expands in New Jersey with Lyndhurst Opening

(PRWeb March 20, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14156230.htm

Minuteman Press Franchise Celebrates Grand Opening in Upper Marlboro,...

PR Web - Tue, 2017-03-28 03:30

When her job in web development and graphic design was downsized, Juanita Glenn decided she wanted to be her own boss. After doing her due diligence, Juanita opened a new Minuteman Press franchise in...

(PRWeb March 20, 2017)

Read the full story at http://www.prweb.com/releases/minuteman-press-franchise/maryland-juanita-glenn/prweb14165729.htm

RE/MAX Again Was No. 1 in Home Sales Across Metro Chicago Real Estate...

PR Web - Tue, 2017-03-28 03:30

The RE/MAX Northern Illinois real estate network once again led the seven-county metropolitan Chicago real estate market in home sales during the year just ended. RE/MAX brokers represented 15.3...

(PRWeb March 20, 2017)

Read the full story at http://www.prweb.com/releases/2017/03/prweb14162903.htm

On The Rocks Now delivers cigarettes in under one hour

Topix - Mon, 2017-03-27 23:54

Tejas Dalvi and Joseph Chacko from On The Rocks Now. The alcohol, fast food and cigarette home delivery service launched on February 6. An Auckland company is delivering cigarettes to disabled customers' homes in under one hour as a show of "love towards them".

Categories: Today's Food News

Food & Drink: Grab a midnight snack

Topix - Mon, 2017-03-27 18:57

Related stories this week: Summer Guide 2011: Dare to seize the season The 2011 Summer Guide has more than 70 challenges to push you out of your comfort zone and into an amazing summer. Food & Drink: Embrace your inner cheapskate Dinner for $2 in Sacramento with no fast food? It can be done! Food & Drink: We dare you to Taste the essence of Sacramento's summer season.

Categories: Today's Food News

By Chloe can end ties with namesake co-owner

Nation's Restaurant News - Mon, 2017-03-27 18:16

By Chloe backers ESquared Hospitality can terminate ties with the concept’s namesake co-owner Chloe Coscarelli, an arbitrator has ruled, according to reports Monday.

New York-based ESquared Hospitality, which also owns the BLT Steak brand, can continue to grow the five-unit By Chloe chain without Coscarelli’s involvement, the ruling said.

However, Coscarelli told The Wall Street Journal: “I will protect the integrity of my brand.” Coscarelli and ESquared Hospitality’s Samantha Wasser founded By Chloe in 2014, expanding the vegan fast-casual concept in New York, Boston and Los Angles.

In the arbitration, which began last year, ESquared Hospitality CEO Jimmy Haber claimed Coscarelli “did not negotiate in good faith” when he was seeking to expand By Chloe. 

ESquared Hospitality launched in 2004, with BLT Steak, and has grown to more than 20 restaurants, including BLT Prime with David Burke, BLT Burger, BLT Market, Tavern 62, Casa Nonna, the Florentine, Horchata and The Wayfarer. 

By Chloe’s menu includes vegan burgers, sandwiches, fries, pasta, salads, beer, wine, juices and baked goods in a fast-casual setting. Sandwiches range from $8.95 for avocado toast with vegetables and almond “Parmesan,” to $11.95 for the Whiskey BBQ with smoked portobello and seitan. Salads start at $10.95.

Nation’s Restaurant News named the concept a Breakout Brand in 2016.

Coscarelli is a cookbook author and winner of the Food Network’s “Cupcake Wars” TV competition. NRN named Coscarelli and Wasser to its Power List in 2017.

Last March, By Chloe partnered with Whole Foods Market to open a restaurant inside the grocer’s first 365 store in Los Angeles.

Contact Ron Ruggless at Ronald.Ruggless@Penton.com

Follow him on Twitter: @RonRuggless

Darden to buy Cheddar’s for $780M

Nation's Restaurant News - Mon, 2017-03-27 16:50

Darden Restaurants Inc. said on Monday that it has agreed to buy Cheddar’s Scratch Kitchen from the private-equity groups L Catterton and Oak Investment Partners for $780 million in an all-cash deal.r

The acquisition, coming three years after Darden sold Red Lobster, gives the Orlando-based casual-dining operator its eighth concept — along with Olive Garden, LongHorn Steakhouse, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s.

“Cheddar’s is an undisputed casual-dining value leader with broad appeal and strong average restaurant volumes,” Darden CEO Gene Lee said in a statement. “Cheddar’s is a great fit in the Darden portfolio because it complements our existing brands. This addition will also enable Darden to further strengthen two of our most competitive advantages: Our significant scale and our extensive data and insights.”

Darden had been speculated to be on the lookout for another acquisition candidate, and one with room to grow, so it could generate sales growth targets.

In Cheddar’s, Darden gets a high-volume concept with more room to grow. The casual-dining chain was founded in 1979 in Arlington, Tex., and has 165 locations in 28 states. The locations boast average unit volumes of $4.4 million.

The $780 million represents a multiple of 10.4 times Cheddar’s 2016 cash flow.

Ian Baines, Cheddar’s CEO, will remain president of Cheddar’s and will report to Lee. The deal is expected to be complete this spring. 

“We are excited about the opportunity to be part of Darden,” Baines said in a statement. “Our operating philosophy and values are similar and we believe this transaction provides a great opportunity for our team members to continue to grow and develop in their careers. Additionally, Darden’s expertise will enable us to further capitalize on our growth potential.” 

The deal comes just weeks after Cheddar’s bought its largest franchisee, the 44-unit Greer Companies. That left Cheddar’s with 25 franchised locations and 140 company-owned units. The company long ago decided to concentrate on company-owned units.

Darden is a largely company-run operation.

Contact Jonathan Maze at jonathan.maze@penton.com

Follow him on Twitter at @jonathanmaze

Buffalo Wild Wings nominates former McDonald’s executive to board

Nation's Restaurant News - Mon, 2017-03-27 16:05

Buffalo Wild Wings Inc. named two nominees Monday to its board of directors, including former McDonald’s USA president Janice Fields and CTI Foods CEO Sam Rovit, who was proposed by an activist investor pushing for changes.

The nominees would give the Minneapolis-based casual-dining chain more food industry experience on its board, assuming shareholders approve them.

By nominating Fields and Rovit, Buffalo Wild Wings all but assures that its nine-person board will have at least five new members. In October, the company named three new board members: CBS Radio president Andre Fernandez, eBay Inc. executive Harry Lawton and Levi Strauss & Co. CFO Harmit Singh.

The board change “demonstrates our commitment to enhancing Buffalo Wild Wings’ governance practices through board refreshment,” Buffalo Wild Wings chairman Jerry Rose said in a statement.

But the new nominees did not satisfy activist shareholder Marcato Capital Management, although Rovit is one of its own nominees. The investor, which owns 5.6 percent of the company’s stock, called the nominations “desperate,” and said they do not go far enough.

“Buffalo Wild Wings’ desperate actions only confirm that there is substantial deficiency at the board level and lack of a cohesive plan to create long-term shareholder value,” Marcato said in a statement. 

“It is deeply troubling that the company would take these steps without consulting us or other major shareholders, as we have continuously endeavored to engage in constructive dialogue with the board and management on the strategic, operational and financial issues that we believe are plaguing the company. Unfortunately, every attempt we’ve made has been stymied.” 

Marcato has been pushing for changes to Buffalo Wild Wings’ business model and operations, and has nominated four people to the company’s board. In addition to Rovit, Marcato has nominated former Pizza Hut CEO Scott Bergren, former Buffalo Wild Wings executive Lee Sanders and Marcato managing partner Mick McGuire. 

Fields has more than 35 years of restaurant experience, much of it with McDonald’s Corp. From 2010 through 2012, she was president of McDonald’s USA, overseeing 14,000 domestic restaurants. Before that, she was chief operating officer with the domestic division and led the development of the McCafé business.

Rovit has been CEO of food maker CTI since 2015, and previously worked with Kraft Foods.

With the nominations of Fields and Rovit, James Damian and Michael Johnson will retire from the board. Both had been directors at the company since 2006. 

Contact Jonathan Maze at jonathan.maze@penton.com

Follow him on Twitter: @jonathanmaze

Amazon, Walmart, Target falling short on personalization

Store Front Talk Back - Mon, 2017-03-27 14:37
Amazon, Walmart, Target falling short on personalization jacquelinerose55 Mon, 03/27/2017 - 14:37

Five Below weathering challenging retail environment

Store Front Talk Back - Mon, 2017-03-27 14:07
Five Below weathering challenging retail environment jacquelinerose55 Mon, 03/27/2017 - 14:07