Restaurant Industry News Archive for 2005

At the recent ISHC Annual Conference held in San Diego, California, ISHC Members participated in a series of roundtable discussions to identify the ISHC Top Ten Global Issues and Challenges in the Hospitality Industry for 2006.

Krispy Kreme Doughnuts Inc. gained the right to open additional stores in New England after ending a partnership there. The company also exited the Philadelphia market by closing four stores.

CBRL Group, Inc. (Nasdaq:CBRL) reported comparable store sales for the four-week period ending December 23, 2005. The Company also discussed the present outlook for its fiscal 2006 second quarter, second half and full year.

Fox & Hound Restaurant Group Announces Newcastle Partners LP and Steel Partners II, LP Increase Offer Price to $15.50 Per Share

Luby's Announces First Quarter Fiscal 2006 Results - 6.9% Same-Store Sales Growth; Total Debt Reduced to $10 Million

Texas Roadhouse, Inc. (Nasdaq: TXRH), announced that, in line with previously announced plans, the Company closed on the acquisition of 11 franchise restaurants including eight in Ohio, two in Colorado and one in Kentucky.

Wendy's Buys Back 3.75M Shares of Its Common Stock for About $207M in Accelerated Transaction

We are being forced to re-design to a new level of 'micro-nization' of business units, a 'wireless-izing' of mass communication and a 'voip-izing' of populace conversations in marketplaces, under a massive globalization with highly localized customization to fit the demands of consumers. This subject is very hot and research on these issues is still being drafted.

All of us at the Ozean Group extend our best wishes for the holidays and the new year to our readers. We are taking a holiday break and look forward to serving you again after January 3rd.

Whether hitting the ski slopes, heading for warmer climes or visiting family and friends, Americans will not let the cold weather keep them from traveling during December, January and February. According to the latest seasonal forecast by TIA, overall travel by Americans this winter is expected to grow by 2 percent with an estimated 251 million trips. Leisure travel alone will grow 2.4 percent while business travel will increase 1 percent.