Restaurant Industry News Archive for 2012

The leading casual dining restaurant celebrates newest opening in California

Dickey's Barbecue has signed an exclusive agreement with Sysco Corporation to provide its franchises with a wide range of foodservice products.

For the fourth fiscal quarter ended April 1, 2012, total restaurant sales increased year over year by 12.9% to $91.9 million from $81.4 million; however, the fourth fiscal quarter of 2012 included one extra week of operating results in keeping with the Company's 52/53 week fiscal year reporting convention. Excluding the one extra week of sales in the recent fiscal quarter, total restaurant sales for the fourth fiscal quarter increased 4.1% to $84.7 million.

Chanticleer Holdings, Inc. (OTCQB: CCLR) (OTCBB: CCLR), a business operator focused on expanding the Hooters casual dining restaurant brand in international markets, announced the company has secured the location and construction is well underway for its second joint venture development restaurant in Australia which will be located in Surfers Paradise, Australia.

Franchise Direct Publishes the Top 100 Global Franchises for 2012

Mr. Kelly will report to Bill Moreton, President and Co-Chief Executive Officer, and is serving as Interim CFO while the Company searches for a permanent CFO.

ChainLinks Retail Advisors is proud to announce the release of their Spring 2012 Retailer and Restaurant Expansion Guide. This comprehensive report details the current expansion plans for over 2,500 U.S. retail and restaurant chains.

Good Times Restaurants Inc. (Nasdaq: GTIM) today announced that on April 6, 2012 it entered into a financial advisory services agreement with Heathcote Capital LLC, pursuant to which Heathcote will provide the Company with exclusive financial advisory services in connection with a possible strategic transaction.

Blended same-store sales increased 3.6% in the fourth quarter of fiscal 2012. Hardee’s® same-store sales increased 6.1% and Carl’s Jr.® same-store sales increased 1.7%.

The new service and hospitality initiative, introduced in Fazoli’s 128 company-owned restaurants, expands on earlier service upgrades that included the addition of table service and real plates and silverware. Cashiers were recently given two more days of training on how Fazoli’s food is prepared and its ingredients, along with hospitality coaching on how to better interact with guests.