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2008-11-13 Restaurant Industry News Highlights

Trends

Chain Restaurants Turn up the Heat on Menu Innovation, Says Technomic
Tough economic times typically sharpen companies' focus on cost-cutting measures. However, foodservice consultants at Technomic found a significant up-tick in recent menu innovation among the top 250 chain restaurants. ...more

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Financial

AFC Reports Financial Results for Third Quarter 2008
Net income was $4.0 million, or $0.16 per diluted share, compared to $6.5 million, or $0.23 per diluted share, last year. Excluding the pre-tax impact of $1.3 million of other non-operating income last year, net income last year would have been $5.6 million, or $0.20 per diluted share. ...more

Green Mountain Coffee Roasters, Inc. Reports Very Strong Growth for Fiscal 2008 Fourth Quarter and Full Year
Fourth Quarter EPS up 96% over Prior Year - 2008 Fiscal Year EPS up 68% ...more

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Internet

McCormick & Schmick's Seafood Restaurants Launches E-Commerce Website, Bringing its Restaurant Experience Home
McCormick & Schmick's Seafood Restaurants, Inc. (Nasdaq: MSSR), today announced the launch of its e-commerce website, 'McCormick & Schmick's Seafood Market' (Shop.McCormickandSchmicks.com), which will enable shoppers to purchase fresh seafood, desserts and more for one-day delivery directly to their home. ...more

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Other

Examination of Key Challenges in Service Innovation Kicks Off Cornell Roundtable Series
Service Innovations Are Essential, though Expensive and Easily Imitated ...more

Food & Beverage - Event Scheduling - By Joe Dunbar
I observe many catering operations and their sales strategies. There are many schools of thought on booking events. We'll assume our event bookings are less than 100% of capacity. Should we try to book at least one event per day? Or should we try to book lots of events on specific days of the week? The answer depends on your overall operation. ...more

California Restaurant Association Offers Marketing Cookbook With Portion of Proceeds Donated to Education Foundation
Four Star Restaurant Marketing Cookbook - Recipes for Restaurateurs(TM)' Available for Purchase at Restaurant Association Bookstore ...more

Boston's First Restaurant For Dogs Opens on Newbury Street
Canine Can-Noisseurs Invited To Enjoy A 'Dog's Night Out' At The ALPO(R) Chop House Originals(R) Grill ...more

Restaurant Manager Loris Lucchini Wins Hotel Restaurant Manager Of The Year 'Catey'
The Caterer & Hotelkeeper has named Loris Lucchini of The Chesterfield Mayfair Hotel, London, Hotel Restaurant Manager of the Year. ...more

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 Departments

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 .  Financial : 2 new
 .  Internet : 1 new
 .  Other : 5 new
 .  Trends : 1 new

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