The 500 largest U.S. restaurant chains saw a 1.8 percent increase in sales last year. Research by Technomic showed that sales for these restaurants increased more than $4 billion over 2009, by around $234 billion.
This May, Hank’s Oyster Bar in Washington, D.C., will double in size, expanding into a neighboring 1,800-square-foot space. The expansion allows Hank’s to double the size of its popular outdoor patio with 40 seats for seasonal dining.
Ling & Louie’s Asian Bar & Grill restaurant concept is gaining steam by expanding with franchise locations in two new markets.Ling & Louie’s franchises in the Boise, Idaho, and Anchorage, Alaska, markets will join the four locations currently open in Phoenix and Scottsdale, Arizona, and Denver when the new locations open this summer.
The dramatic growth of Super Regional Malls (SRM’s) in the United Arab Emirates (UAE) is driving massive expansion in the eating out market in the region, says a new report by Horizons, a UK-based foodservice consultancy.
Johnny Rockets, with more than 300 locations across 32 states and 15 countries, announced the grand opening of its latest all-American restaurant in Tampico, in the Mexican state of Tamaulipas.The new Johnny Rockets will introduce the brand’s menu, décor, and dancing to residents and visitors of the vibrant coastal community.
Consumers are sourcing prepared meals from a wider range of retail foodservice operations than they were two years ago, many times at the expense of restaurants.This information comes from a survey conduced by Technomic, a food industry consulting and research firm, which was included in its Retailer Meal Solutions Consumer Trend Report.
A franchise tool launching next week hopes to connect prospective franchisees with franchisors via an online hub that leads hopeful entrepreneurs to the business purchase process—with a little help from social networking.
Business in the quick-serve industry is finally trending up, and with lending becoming increasingly available to operators, franchisors may soon find themselves with more prospective franchisees clamoring to get on board with their brand.
On Deck, a technology platform that connects Main Street businesses directly to capital, announced that the On Deck system has delivered more than $100 million in loans to thousands of Main Street small businesses nationwide.
First Data Corporation, a global provider in electronic commerce and payment processing, released its First Data SpendTrend analysis for the full month of December 2010 compared to December 2009. SpendTrend tracks same-store consumer spending via credit, signature debit, PIN debit, and EBT cards at U.
T.G.I. Friday's and Americana Group, a licensed franchisee of T.G.I. Friday's and the Kuwait-based Middle East operator of several brands in quick service, coffee, casual dining and other food-related products, today announced that they have renewed the development agreement to build the T.
First Data Corporation, a global leader in electronic commerce and payment processing, released its First Data SpendTrend Mid-Month Flash analysis for the first half of December 2010 compared to the same period in December 2009.
Muscle Maker Grill, a chain of casual eateries that serves freshly prepared meals with your health in mind, announces it is expanding its reach to the West by securing a multi-unit franchise deal to develop five Muscle Maker Grill restaurants in the East Bay area of California.
First Data Corporation, a global leader in electronic commerce and payment processing, today released its First Data SpendTrend Mid Month Flash analysis for the first half of November 2010 compared to the same period in November 2009.