Restaurant News Resource
May, 17 2018
 
 
 
Development News
Starbucks Holds First China Investor Conference
Starbucks Holds First China Investor Conference
 
Starbucks accelerates net new store growth to 600 per year, expanding to approximately 100 new cities to reach 230 cities across Mainland China by end of FY2022 - Expects to more than triple revenue and more than double operating income in China over the next 5 years, relative to FY2017 Read more
 
Development News
Pizza Hut and Telepizza Group Announce Landmark International Growth Alliance
Milind Pant, President, Pizza Hut International, and Pablo Juantegui, Executive Chairman and Chief Executive Officer, Telepizza Group
 
Doubles Pizza Hut’s footprint in the regions covered by the alliance; places Pizza Hut in the #1 position in the category across Latin America and the Caribbean in terms of unit count; and confirms Pizza Hut’s position as the world’s largest pizza restaurant company Read more
 
Development News
Local Franchisee Brings Dickey's Barbecue Pit to Annapolis
 
Dickey's Barbecue Pit plans to open their newest location in Annapolis in late 2018. The new location will be owned by Dickey's franchisee Yvonne Stanley. Read more
 
Management Appointment CraftWorks Restaurants & Breweries
CraftWorks Restaurants & Breweries Group, Inc. Announces Fred Beilstein As Interim CEO
 
Today, CraftWorks Restaurants & Breweries Group, Inc. announced that it has accepted the resignation of Srinivas Kumar who became CEO of the company in 2014. Fred Beilstein III will serve as interim CEO as he continues Mr. Kumar's work to grow all the CraftWorks brands. Read more
 
National Restaurant Association Show
National Restaurant Association Show - Get Ready: The Show Must Go On!
National Restaurant Association Show
 
From the newest products and equipment to today's leading chefs, former U.S. Secretary of State Condoleeza Rice and singer Keith Urban, there'll be something for everyone at this year's Show. Read more
 
Education News
Chick-fil-A Increases Scholarship Investment with $14.5 Million to Team Members
 
Team Members who are beginning or continuing their higher education will be awarded scholarships in the amount of $2,500 or $25,000. Read more
 
ONE Group Results
The ONE Group Reports First Quarter 2018 Results
 
Comparable sales for owned and managed US STK restaurants increased 7.3% Read more
 
Dick's Wings Results
ARC Group, Inc. Announces Record Q1 2018 Financial Results
 
Revenue increased 14% to $1,246,662 for Q1 2018 from $1,088,796 for Q1 2017. Income from operations was $48,308 during Q1 2018 compared to $210,392 during Q1 2017. Read more
 
New Openings
Papa John’s International Reaches Milestone with 50th Restaurant Opening in Turkey
 
Papa John's International, Inc. (NASDAQ: PZZA), is expanding its presence in the Middle East and Asia with the opening of the 50th Papa John’s restaurant in Turkey. PJ Gida Islatmeleri A.S. San. VE TIC. A.S. (PJ Gida), is the master Papa John’s franchisee in Turkey Read more
 

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In Brief...
 

New Openings
Fazoli's Opens in Columbus, Georgia

New Openings
Chicken Salad Chick Propels Expansion With Second Tennessee Opening In A Week

New Openings
Shipley Do-Nuts Announces Store Opening in Metairie, LA

 
 
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