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2008-04-15 Restaurant Industry News Highlights

Features

Food & Beverage - Changing Your Break Even Point - By Joe Dunbar
After receiving an above average response to my 'Do You Know Your Break Even Point?' post, I'd like to answer those who seek ways to lower their number. Since the formula relies on sales and costs, the quickest way to lower your break even point figure is to lower fixed costs. ...more

Outstanding Customer Service Simply Isn't Good Enough - By Nektaria Hamister, Matt O'Bryan, and Kent Sexton
We have a shocking confession: Matt, Kent, and I have absolutely no intention of providing excellent customer and co-worker service. We provide care. What's the difference? ...more

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Trends

Tao Las Vegas Restaurant & Nightclub Repeats as the Highest-Grossing Restaurant in the U.S.
Restaurants & Institutions releases its 25th annual ranking of the Top 100 Independent Restaurants, surveying the highest-grossing non-chain restaurants in the United States. ...more

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Technology

Church's Chicken Expands Roll-Out of JobApp Solution to 272 Corporate Restaurants After Achieving a 63% Reduction in Employee Turnover
Church's Chicken has decided to implement the JobApp Network automated hiring solution across all 272 corporate-owned restaurants in the U.S., after achieving a 63% reduction in turnover over six months in a 46 restaurant roll-out. ...more

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Sales and Marketing

Tony Sirico is Back in Denny's Spots as Real Breakfast Leader Continues to Challenge Fast Food Restaurants
Build Your Own Version of Famous Grand Slam(R) Gets the Real Spotlight ...more

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Appointments

Buffalo Wild Wings Inc. Announces Retirement of Kenneth H. Dahlberg from Company's Board of Directors
Buffalo Wild Wings(R), Inc. (NASDAQ: BWLD) today announced the retirement of Kenneth H. Dahlberg from his position as a member of the Company's Board of Directors. ...more

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Financial

Steakhouse Partners, Inc. Announces Financial Results
On April 14, 2008 Steakhouse Partners, Inc. (BULLETIN BOARD: STKP) , announced its financial results for the fiscal year ended December 31, 2007 in its Annual Report on Form 10-K filed with the Securities Exchange Commission. Reported revenue and net loss for the fifty-two weeks ended December 31, 2007 were $39.1 million and $13.7 million versus $42.7 million and $1.8 million, respectively, for the fifty-two weeks ended December 31, 2006. Basic and Diluted Loss per Share was $2.06 for the year ended December 31, 2007 versus a Basic and Diluted Loss of $0.27 per share for the year ended December 31, 2006. ...more

Denny's First Quarter 2008 Same-Store Sales Down
Denny's Reports First Quarter 2008 Same-Store Sales ...more

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Other

Pernod Ricard acquires Vin & Sprit and becomes the co-leader of the global wine and spirits industry
Pernod Ricard announced the signing of a contract with the Kingdom of Sweden for the acquisition of 100% of the shares of the Vin & Sprit Group, the owner of Absolut vodka. The acquisition does not include V&S' 10% interest in Beam Global Spirits & Wine, Inc. ...more

Lindblad Expeditions Announces Chefs-at-Sea Program
New Offering Promotes Sustainable Cuisine Through A Ship Based Program Which Places Top Chefs On Voyages To Inspire And Educate Guests ...more

Quiznos founder Patrick Meyers to speak in Conversations with Entrepreneurs series at Cornell's School of Hotel Administration
Patrick Meyers, chief legal officer and managing director for Cervantes Capital, parent company of Quiznos, will speak on Thursday, April 17th in the 'Conversations with Entrepreneurs' series at the Cornell School of Hotel Administration. ...more

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 Departments

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 .  Appointments : 1 new
 .  Features : 2 new
 .  Financial : 2 new
 .  Other : 3 new
 .  Sales and Marketing : 1 new
 .  Technology : 1 new
 .  Trends : 1 new

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