Buffalo Wild Wings shouldn’t be worried about activist investors, it should be concerned with chicken wing prices.Although the brand reported increases in sales and revenue for the first quarter of 2017, the chicken brand faces challenges in its cost of sales.
If Buffalo Wild Wings was hoping to deal a strategic blow to its vocal opposition, Wednesday’s financial report likely didn’t do the trick. But there were some positives to build on.The chain reported first-quarter adjusted earnings of $1.
For several weeks I’ve had a preview copy of The Reducetarian Solution on my desk. More importantly, I’ve had the book’s topic—“How the surprisingly simple act of reducing the amount of meat in your diet can transform your health and the planet”—on my mind.
Personal growth is essential for all people, and it encompasses many things that change the way a person thinks, acts, and feels. A combination of experience, education, and effort are required to change the way one exists in relation to the world.
Despite all the major advances in supply chain management and technology in recent years, most restaurants and their suppliers still don’t have a single, unified, real-time view of supply and demand when working together in an extended enterprise.
Bloomin’ Brands made “significant progress,” in the first quarter, CEO Liz Smith said in a conference call Wednesday, giving a nod to the casual dining company’s current initiatives as well as what she believes can be an exciting tailwind for an industry that has experienced consistent traffic declines in recent years.
Gloomy forecasts aren’t hard to find these days. But don’t tell that to the restaurateurs on the front lines.Toast Restaurant POS released its “Restaurant Success in 2017 Industry Report,” a study that compiled data from 450 operators representing all segments of the industry, and came away with a unique take in today’s foodservice world: a sense of optimism.
With another declining quarter of comparable restaurant sales, Chili’s is turning to guest convenience and a simplified menu to attract guests.Same-restaurant sales were down 2.3 percent for Q3, and company sales were down 2 percent to $689.
The Melting Pot is removing the financial burden off potential franchisees with a program that allows them to invest as little as 5 percent into the purchase of a restaurant. Called “Path to Grow,” the program allows the franchisor to provide up to 95 percent of the financing in the form of a loan to the franchise partner to allow them to acquire the location.
At 6:58 p.m. six couples hover nervously outside the windowless Black Hole restaurant in Cancun. There are giggles, witty comments, a whole lot of “what is going to happen next” swimming in the balmy air.
It takes more than quality meat these days to run a successful steakhouse, suggests chef Charlie Palmer. And he ought to know. He owns four Charlie Palmer Steaks in New York, Las Vegas, Reno, and Washington, D.
Darden Restaurants, Inc. announced on April 24 that it has completed the acquisition of Cheddar's Scratch Kitchen (Cheddar's) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners.
To say minimum wage is a hot-button issue in the restaurant industry would be a comical understatement. While it is rather (extremely) difficult to predict this current administration, it seems unlikely that any wage increase will be take place on a federal level.
Indian AccentOpened: February 2016Location: New York CityOwner: Chef Manish MehrotraAverage Check: $125Description: A fine-dining establishment in midtown Manhattan introduces guests to a new kind of Indian cuisine.
The National Pork Board’s Pork Summit 2017 at The Culinary Institute of America’s St. Helena campus was an opportunity for some of the industry’s pork-loving luminaries to gather and discuss the future of the pig.