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2008-11-20 Restaurant Industry News Highlights

Trends

Top Chains Represent Over One-Third of U.K. Commercial Restaurant Sales
Foodservice industry consultant Technomic reports that in 2007, sales of the Leading 100 chain restaurants in the U.K. totaled £10.4 billion, representing 35 percent of all sales by British commercial restaurants. Leading 100 chain sales comprised nearly one-fourth of total U.K. foodservice sales of £43 billion in 2007. ...more

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Technology

Study: Online recruiting should diversify, not replace, traditional hiring
Looking to deflate a high turnover rate among hourly employees, the 53-unit Good Times Burgers & Custard chain based here has stopped accepting applications at its stores. ...more

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Appointments

Wendy's/Arby's Group, Inc. Confirms Executive Leadership Team
Roland Smith Leading Company as President and CEO ...more

Smashburger Hires Max Sheets as VP of Real Estate
Brings on Board Industry Veteran with Over 20 Years of Experience to Help Grow National Footprint ...more

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Development

Papa Bello Sells Area Development Rights for Shanghai, China
Papa Bello Enterprises (Pink Sheets: PAPA) is pleased to announce the sale of area development rights for the city of Shanghai in the Peoples Republic of China to partners Mr. Zhiqing Ma and Mrs. Hsiao (Cathy) Endy. Under the terms of the agreement, a minimum growth of 60 units is contracted for the region. ...more

Papa John's Announces Comprehensive Package of Franchise Support Initiatives
Company to Use Its Solid Financial Position to Help Operators Weather the Storm in 2009 ...more

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Financial

Perkins & Marie Callender's Inc. Reports Results for the Third Quarter Ended October 5, 2008
Total revenues down 2.6% to $127.9 million ...more

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Other

Take Marlin Off The Menu
New Campaign Targets Chefs and Consumers in Fight to Help Endangered Marlin ...more

Burger King Corp. to Limit Sodium in Advertised Kids Meals
Burger King Corp. (NYSE:BKC) became the first quick service restaurant chain to announce that it is limiting sodium in all of its Kids Meals advertised to children under 12 years old. The initiative limits sodium to 600 milligrams or less, beginning with its current advertised Kids Meals, and is part of the corporation's BK Positive StepsSM commitment to help children eat and live better. ...more

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 Departments

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

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