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2008-07-24 Restaurant Industry News Highlights

Features

'Not a Site, but a Concept': Tapping the Power of Social Networking
Mini USA, the American branch of BMW's Mini Cooper line, tracks everything being said about its brand everywhere on line -- in blogs, discussion groups, forums, MySpace pages and much more -- then uses what it learns to guide advertising campaigns. ...more

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Appointments

The Cheesecake Factory Announces Organizational Change
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today announced that Michael Dixon, Senior Vice President and Chief Financial Officer resigned his position, effective July 23, 2008. ...more

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Development

Papa Bello Enterprises Enters the Pizza Franchise Scene
Papa Bello Enterprises (Pink Sheets: PAPA), a nationwide franchiser of pizza restaurants, announced today that the company has kicked off a nationwide marketing and awareness plan to highlight the company, build its franchise base and expand its business outside of the United States. ...more

Yogen Früz Franchise Expands South into Texas
Fro-yo Chain Franchises to YF Systems of Texas, Expands U.S. Presence into Large Southern Market, Providing Opportunity for Growth ...more

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Financial

The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2008
Total revenues increased 9% to $407.1 million in the second quarter of fiscal 2008 from $373.2 million in the prior year second quarter. Net income and diluted net income per share were $19.1 million and $0.29, respectively. ...more

Chipotle Mexican Grill, Inc. Reports Second Quarter 2008 Results
Diluted EPS Increased 23.3% to $.74 ...more

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Other

Cupcake shops offer 'shots' of frosting
For a small fee, customers can get a yummy dollop of their favorite frosting ...more

Customers asking Starbucks not to shut their favorite shop
Now that Starbucks Corp. has disclosed the 600 locations it wants to shutter, a phenomenon is taking hold: the Save Our Starbucks campaign. ...more

Los Angeles Lawmakers Want to Escalate The War on Obesity (And Fast Food)
Despite its health-crazy reputation, parts of Los Angeles are plagued by obesity rates that rival any city in America. Now, the city may join a growing roster of local governments aiming to put their residents on diets by cracking down on the fast-food industry. ...more

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 Departments

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

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