Restaurant Industry News Archive for 2006

Television viewers are used to seeing Subway restaurant pitchman Jared Fogle in their living rooms. Now the world's largest sandwich chain wants to put him on the phone.

Interest in the low-carb Atkins diet waned, and a French woman turned the heads of American dieters. The Food Pyramid got new stripes. A prestigious scientific group told the food and beverage industry to clean up its act when marketing to kids. And the debate over the real effect of extra pounds continues. USA TODAY's Nanci Hellmich reviews the year in weight loss and nutrition:

IBAC Corporation (ICAN.PK) today announced revenues for the month of December for The Sanibel Restaurant Group, Memphis Ramada Hotel and The Royal Arkansas Hotel & Suites of $352,523.50 combined, total revenue for the year of $3,974,964.00. These revenue figures are compiled from internal company accounting/bookkeeping and are subject to audit by the company's independent accountants/auditors.

Circle Peak Capital, a private equity firm based in New York City, announced today the acquisition of Shari's Management Corp. (aka Shari's Restaurants), the largest full-service family restaurant chain in the Pacific Northwest.

Ryan's Restaurant Group Same-Store Sales Fall in December; Company Notes Improvement for Quarter

Wendy's Says Major Shareholder Presented 'Ultimatum' to Get CEO's Attention

The 71st semi-annual Council of Hotel and Restaurant Trainers (CHART) hospitality training conference will be held February 25-28, 2006 at the Loews Vanderbilt Hotel in Nashville, Tennessee.