Restaurant Industry Growth

OSI Restaurant Partners announced the completion of the previously announced sale of its Cheeseburger in Paradise (CIP) brand to an investor group, led by brand president Steve Overholt, comprised of CIP management and outside investors. - More

Growth Concepts Acquires Atlanta-Based Canyons Burger Company - More

GE Capital, Franchise Finance recently co-led the funding of a $36 million debt facility for the acquisition of Wingstop Restaurants, Inc. by an affiliate of Roark Capital Group, an Atlanta-based private equity firm specializing in franchising. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial, Inc. - More

Brand Continues Global Expansion with Opening of First Restaurant in Beijing's Joy City - More

Famous Dave's of America, Inc. (NASDAQ: DAVE) today announced that it is updating its guidance on franchise restaurant openings in fiscal 2009 to 13 from its most recent range of 9 to 11. The company has opened 10 restaurants through the end of the third quarter. - More

Restaurant chains still consider new franchise agreements to be a main avenue for growth, says a new report from foodservice consultant Technomic. In response to the recession, many franchisors have offered their franchisees incentives like enhanced credit support, fee reductions, and temporarily reduced royalty rates. Others have worked with franchisees to drive down supply chain costs. - More

Despite flat sales in 2008 and into 2009 throughout most of the limited-service pizza industry, some chain operators are finding success through a strategy of focused positioning, says foodservice industry consultant Technomic. The fastest growing chains are characterized by strong differentiation. - More

Citing continued concern over job losses, underemployment and continued consumer frugality in dining away from home, Technomic revised its 2010 U.S. foodservice industry sales forecast downward. - More

Domestic sales for the limited-service hamburger industry grew by a healthy 4.1 percent in 2008 to $64 billion, outperforming the total limited-service restaurant segment's growth of 3.2 percent. - More

Update from Restaurantchains.net on growing and emerging restaurant concepts - More

2010-09-07 - Hong Kong - More

2010-09-07 - Wanchai - More

2010-09-08 - Portland - More

2010-09-13 - Singapore - More

2010-09-13 - Hong Kong - More

On the heels of more than two years of recession, the foodservice industry continues to feel the results of discretionary spending pullbacks, and while it has worked margin miracles, must nevertheless work its way out of a triple threat: declining guest traffic, declining average check, and declines sales. Going forward, foodservice operators across all segments will need a walk the fine line by balancing incentives and discounts with added value and brand enhancement, working toward weaning con - More

The global outlook series on Restaurants provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a quick primer, and update on the trends and outlook for the restaurant industry, and enumerates recent mergers, and acquisitions. The report offers a discussion on key regional markets including United States, Japan, UK, and China. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact - More

Given family restaurants’ success with the breakfast menu and the importance of coffee, it virtually necessitates these operators jump on the bandwagon in the gourmet coffee trend.

Taking a cue from McDonald’s McCafé, a similar effort could help family restaurants strengthen their appeal to key demographics—women, under-35s and higher-income households, and could help build to-go business.

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An in-depth examination of the increasingly diverse fast food industry, covering all types of hamburger, chicken, seafood, pizza, sandwich, Mexican, and other restaurant chains, as well as steakhouses, dinnerhouses, and cafeterias. Current and projected sales performance, competitive issues, advertising and promotional strategies, franchising activity, international expansions, survey results, consumer demographics, and profiles of the major competing chains round out the coverage. Market projec - More

The recession is reshaping how consumers interact with the restaurant industry, and the breakfast daypart is no exception: value pricing remains at the forefront of menu strategies, as growing guest checks often takes a backseat to generating guest traffic. However, unlike the lunch and dinner dayparts, breakfast benefits from long-term untapped guest traffic potential, and it can generate healthy margins, factors that are drawing major new players into the market.

Packaged Facts’ < - More