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  • Restaurant Trends - Growing And Emerging Concepts - Change and Activity November 18, 2014

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


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    Restaurant Industry News

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    2014-11-20
    Newly remodeled restaurants thus far have seen average sales increases exceeding 15 percent.
    2014-11-19
    California Labor Commissioner Julie A. Su has assisted in brokering a $4 million settlement on behalf of 280 workers at Michelin-rated dim sum restaurant Yank Sing in San Francisco. The money represents back pay for minimum wage, meal, rest period, and other labor code violations, and is being distributed to employees of the restaurant's two San Francisco locations today.
    2014-11-19
    Plan Includes Senior Leadership Changes, Streamlining of Support and Operations Functions, and Closure of Corporate Aviation Department
    2014-11-19
    Net sales increased 4.8% to $169.5 million from $161.7 million. Restaurant operating profit increased 10.2% to $18.8 million from $17.1 million.
    2014-11-19
    Current restaurant employees age 25 to 34 report a median tenure of 10 years and employees age 35 to 44 stay a median of 19 years. Restaurants also provide employment opportunities for those attending college – 64 percent of bartenders, 49 percent of managers and 41 percent of servers are enrolled in a four-year college or university.
    2014-11-19
    Bar Louie announced today the opening of their newest location in Chesterfield, MO. When Bar Louie opens its doors on November 20th, it will be the fourth St. Louis metro location for the Addison, TX-based brand. Bar Louie Chesterfield is conveniently located in the Chesterfield Valley Square near Galaxy 14 Cine.
    2014-11-19
    Sunny Street Cafe will open its first corporately owned store since 2007. The restaurant is slated to open in January 2015 in East Columbus near Blacklick. The chain also has signed an agreement with franchisee Earl Henderson to open a location in Upper Arlington in December 2014. The two new restaurants will bring the Columbus market total to seven.
    2014-11-19
    Dixie Foods International, Inc. (OTCQB: DIXI), which earlier this week announced that it is changing its name to 'Preferred Restaurant Brands', announced it opened its first Papa John's location (@ 2169 Sunset Blvd. in Rocklin, California) last week.
    2014-11-19
    Just months after opening its 500th store in June, Marco's celebrated the opening of its 565th location and is approaching its next target: 1,000 stores by the end of 2016. The pace of growth is exceeding projections by 40%, putting the company on track to achieve its goal of becoming the country's fourth-largest pizza chain.
    2014-11-19
    This year's show will run from March 8-11, 2015 at Caesars Palace and the Las Vegas Convention Center in Las Vegas, NV.
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