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2008-06-30 Restaurant Industry News Highlights

Features

Associate Engagement - It All Starts At the Top - By Lizz Chambers, CHE, CHA
Woody Allen once said that 80 percent of success is showing up. Unfortunately, this accurately describes the mindset of the majority of workers today. ...more

How does Chain Restaurant CEO Compensation Change with size? - By Brad Ellman
The correlation between the market capitalization and compensation mix for CEO's in chain restaurants is extremely low, in contrast to the positive correlation between market cap and CEO pay. ...more

Food & Beverage - Be A Pillar Of The Community - By Joe Dunbar
As you fight through the current economic downturn, try to find simple ways to improve profits. Recent articles suggest the higher cost of living has resulted in diners who tip less and buy fewer extras (double whammy for servers). When your recently seated guests turn down bottled water or another beverage, ask them if they'd like a nice pitcher of ice water. ...more

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Trends

Top 200 Canadian chain restaurants' sales grew by 5.2 percent in 2007
Foodservice consultants Technomic report that the Top 200 Canadian restaurant chains grew annual sales by 5.2 percent in 2007, representing overall performance comparable to the Top 500 chains in the U.S. ...more

Technomic Says Restaurants Vulnerable to Long-Term Shift in Consumer Food-Spending Habits
Acknowledging the challenges currently facing many restaurant operators, speakers at a major industry conference hosted today by foodservice consultants Technomic also discussed the larger threat that consumers will develop new food-spending habits that may endure after the economy improves. ...more

Fourth Consecutive Year of Growth in 2007 for Europe's Tourism
ETC report confirms that Europe's tourism growth has continued to exceed the long-term UNWTO forecast ...more

Cornell Study Identifies Inconsistencies in Traditional Bordeaux Wine Classification
Authorities Will Revise Established French Classification ...more

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Development

Word of Einstein Bros. Bagels Franchising Feeds Frenzy for Nationwide Growth
Southeast Franchising Efforts Spur Investor Excitement, Einstein Bros. Bagels Opens Additional U.S. Territories ...more

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Financial

CKE Restaurants, Inc. Reports Positive Period Five Blended Same-Store Sales
CKE Restaurants, Inc. (NYSE:CKR) announced today period five same-store sales for the four weeks ended June 16, 2008, for Carl's Jr.(R) and Hardee's(R). ...more

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Other

Burger King Corp. Introduces New Nutritionally Balanced Kids Meal as Part of BK Positive StepsSM Nutrition Program
Sponsorship of the Jonas Brothers' 'Burning Up Tour' Fuels Launch of BK(TM) Fresh Apple Fries ...more

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 .  Development : 1 new
 .  Features : 3 new
 .  Financial : 1 new
 .  Other : 1 new
 .  Trends : 4 new

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