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  • Restaurant Trends - Growing And Emerging Concepts - Change and Activity August 19, 2014

    Featured News Update from Restaurantchains.net on growing and emerging restaurant concepts

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    Restaurant Industry News

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    Posted 4 hours ago
    GRILLiT, Inc. (OTC Pink Markets: GRLT) today announced that it has completed an agreement effective as of August 12, 2014 for the sale of GRILLiT master franchise rights in the State of Colorado.
    Posted 6 hours ago
    Majority of Sandell’s Slate Elected to Bob Evans Board of Directors - Final Voting Results Could Add Additional Sandell Directors
    2Q14 Adjusted Net Income down 37.4% YoY to RMB7.7 Million - 2Q14 Adjusted EBITDA down 20.3% to RMB22.5 Million
    Country Style Cooking Restaurant Chain Co., Ltd (NYSE: CCSC) , a fast-growing quick service restaurant chain in China, today announced that its Chairman and Chief Executive Officer will step down as CEO effective on February 13, 2015, six months from August 13, 2014. Ms. Li will retain her title as Chairman of the Board of the Directors.
    Burger 21 announced today the signing of its first franchise agreement in Michigan. Set to open in Ann Arbor, this Michigan location expands the brand's national footprint to 10 states.
    While school was out this summer, ProStart educators honed their culinary skills at the National Restaurant Association Educational Foundation's (NRAEF) 2014 Summer Institutes, a series of weeklong professional development workshops held at the country's leading culinary schools.
    Bar Louie announced today plans to expand in California, with a focus on the San Diego market. Due to the success of its Arizona and Colorado locations, the company is actively seeking qualified candidates to open new restaurants along the West Coast over the next few years.
    Domino's Pizza (NYSE: DPZ) announced that Stan Gage, 47, vice president of the company's Americas region for international operations, has been named Executive Vice President – Team USA, succeeding Steve Akinboro, who is considering purchasing a franchise.
    Update from Restaurantchains.net on growing and emerging restaurant concepts
    Comparable restaurant revenue increased 1.2% - Restaurant-level operating profit, as a percent of restaurant revenue, declined to 22.2% from 23.3%
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