Restaurant Industry News Archive for 2012

GE Capital, Franchise Finance recently provided a $4.1 million credit facility to Hinz JJ, LLC, a Jimmy John’s franchisee. The financing included $2.6 million to refinance debt and a $1.5 million development line of credit. The funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

Saladworks is opening its first Saladworks in Schaumburg, in the Streets of Woodfield Shopping Center, 601 N. Martingale Road, Schaumburg, IL.

The Council of Hotel and Restaurant Trainers (CHART) will present the 2012 Commitment to People Award to John Grady, President of Ninety Nine Restaurants. He will be honored at the Commitment to People Awards Gala on Monday evening, July 23, 2012, during CHART’s 84th semi-annual Hospitality Training Conference to be held at the Radisson Blu Aqua Hotel in Chicago, IL.

How do we balance the Guest expectation and what a restaurant offers that Customer? Distinction in the competitive food and beverage realm is the key ingredient.

Dickey's Barbecue Pit will be adding a new location in Jackson. Franchise owner Richard Wolcott has signed a lease and is excited to begin construction.

Former President and COO of McDonald's Corporation elected to Dunkin' Brands Board effective May 16

Extends culinary and beverage capabilities with Directors of R&D and Culinary, and Master Mixologist

The Cornell Center for Hospitality Research (CHR) has released the Restaurant Table Simulator (RTS), which gives restaurant managers a way to analyze table usage in their restaurant.

Inaugural List Recognizes Restaurants in 36 States and 64 Metro Areas

Fast-casual chains strengthened their gains on the overall restaurant industry, with the top 150 fast-casual chains growing 8.4 percent to $21.5 billion in 2011, a faster rate than in 2010 (6.6 percent). In comparison, 2011 sales growth for the Top 500 U.S. chains was 3.5 percent.