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2008-07-10 Restaurant Industry News Highlights

Features

Leadership - It Gets Lonely at the Top - By Dr. Rick Johnson
Being a President, CEO or the owner of a company can get lonely at times. This is true even if you are an excellent leader and have developed a top notch executive staff. ...more

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Development

Palm Palace LLC to Open 5 to 8 Mediterranean Restaurants in Southeastern Mich., Ohio, Chicago
First to Open in Clinton Township, MI and Raise Money for Children's Hospital of Michigan On July 30 ...more

G&R Acquisition Completes Acquisition of Max & Erma's
Max & Erma's Restaurants, Inc. (NASDAQ: MAXE) today announced that G&R Acquisition, Inc. has completed its acquisition of Max & Erma's Restaurants, Inc. Under the terms of the transaction, G&R Acquisition acquired Max & Erma's for approximately $11.3 million in cash, or $4.00 per share. ...more

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Financial

California Pizza Kitchen, Inc. Reports Preliminary Second Quarter 2008 Results
Comparable Restaurant Sales Increase 1.4%, Increases Second Quarter Earnings Guidance from $0.16-$0.17 Per Diluted Share to $0.25-$0.26 Per Diluted Share ...more

Ruby Tuesday, Inc. Reports Fourth Quarter and Annual Fiscal 2008 Results, Review of Strategies and Outlook for Fiscal 2009
Ruby Tuesday, Inc. (NYSE: RT) today reported diluted earnings per share of $0.27 on net income of $13.9 million for the Company's fourth quarter of fiscal 2008, which ended on June 3, 2008. ...more

Wendy's International, Inc. Announces Second-Quarter Same-Store Sales
Sales positive at company-operated and franchise restaurants ...more

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Other

Faster food? Green décor? Dining's future is at hand
What will the dining-out experience be like 25 years from now? We asked a few of Chicago's trendsetters -- chefs, restaurateurs and an architect -- to gaze into their Riedel crystal goblets and envision the future. ...more

Proud to be American, Chicago chefs present new twists to traditional fare
Chef Art Smith is synonymous with American food. Think baking powder biscuits and sausage gravy, chicken and dumplings, catfish with cheese grits, chicken and okra gumbo, deviled eggs, barbecued spareribs and you're saluting American food, Art Smith-style. ...more

As food costs soar, it's back to basics for meal planners
Rebecca Woods and her family in Lathrop, Mo., have turned to the land, planting hundreds of vegetables and relying on their own chickens for eggs. ...more

Buffalo Wings & Rings Named the #1 Restaurant Chain for 2008 on the Restaurant Business Future 50 List
Restaurant Chain Plans Aggressive Growth in 2008, 2009 ...more

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 .  Development : 2 new
 .  Features : 1 new
 .  Financial : 3 new
 .  Other : 4 new

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