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2008-08-04 Restaurant Industry News Highlights

Trends

America's Worst Restaurants for Kids Revealed
Eat This, Not That! Authors Grade 43 National Chains, 6 Receive an 'F' ...more

Restaurant Performance Index Declined in June as Same-Store Sales and Customer Traffic Slipped
Economy and food costs remain the top challenges, Outlook for capital spending improved ...more

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Appointments

Rise & Dine Announces New Hire for Franchise Operations
Newly appointed franchise operations manager, Nolan Saunders, brings his extensive experience in restaurant management to the fast-growing, breakfast-lunch chain Rise & Dine(TM) Restaurants, Inc. ...more

Industry Veteran Lowell Petrie Joins Daphne's Greek Cafe as Vice President of Marketing
Daphne's Greek Cafe, the largest, fast-casual Greek restaurant chain in the United States, has announced that restaurant industry veteran, Lowell Petrie, has joined the company as the vice president of marketing. Petrie will be responsible for managing the chain's marketing and public relations functions and will report to Steve Fricker, president. ...more

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Development

Independent Brewers United Announces Completion of Tender Offer for Pyramid Breweries Inc.
PMID Merger Sub, Inc., a wholly owned subsidiary of Independent Brewers United, Inc., the parent of Magic Hat Brewing Company & Performing Arts Center, Inc., announced today the completion of its tender offer for all of the outstanding common shares of Pyramid Breweries Inc. (NASDAQ:PMID), for $2.75 per share in cash. ...more

Genghis Grill is Expanding Aggressively in Texas, Oklahoma, and Kansas
Genghis Grill - The Mongolian Stir Fry is KHANQUERING Texas, Oklahoma, & Kansas. ...more

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Financial

The CZH Hospitality Group Announces 'The CZH Total Analysis' - A Program to Maximize Restaurant/Hotel Food & Beverage Operations and Profitability
The CZH Hospitality Group, LLC, announced today the launch of 'The CZH Total Analysis,' a three stage master planning and ongoing analysis service for Restaurants and Hotel Food & Beverage Operations. ...more

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Openings

California Pizza Kitchen Opens Third Location in South Korea
California Pizza Kitchen, Inc. (CPK) (Nasdaq:CPKI), home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, opened its third location in South Korea today. The new restaurant, opened by CPK franchise partner, Iris Company, is located in Jung-gu, Seoul, South Korea. ...more

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Other

Kids Revolt Against the Fast Food Nation with Launch of 'Jr. Chefs of America'
Kids Food Network Provides Creative and Fresh Alternative to the Fast Food Industry ...more

Landry's Restaurants, Inc. Announces End of 'Go-Shop' Period
Landry's Restaurants, Inc. (NYSE:LNY), announced today that the 'go-shop' process conducted on the Company's behalf by Cowen and Company ('Cowen'), the independent financial advisor to the special committee of independent directors of the Company, has ended. ...more

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 Departments

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 .  Appointments : 2 new
 .  Development : 2 new
 .  Financial : 1 new
 .  Openings : 1 new
 .  Other : 2 new
 .  Trends : 2 new

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