Food & Beverage News

The growth of chain retailers and restaurants in the city continues unabated, which may be a discouraging thought for anyone whose favorite deli has been replaced by a Dunkin’ Donuts.The sweet-treat and coffee giant took the title as New York’s largest retailer for the 10th consecutive year, with 612 stores, according to a report from the…

Apollo Global Management, L.L.C. has entered a definitive agreement to acquire Qdoba Restaurant Corp. from Jack in the Box, Inc. for approximately $305 million in cash. The transaction is expected to close by April 2018. Qdoba Mexican Eats is a fast-casual Mexican restaurant chain that operates more than 700 locations in 47 states, the District…

Ruth’s Hospitality Group, Inc. announced that it has completed the previously announced acquisition of six restaurants in Hawaii from longtime franchise partner, Desert Island Restaurants, for approximately $35 million in cash. The acquisition includes six restaurants, including a new location opened in early November on the island of Kauai, as well as area development rights…

An increased focus on delivery, the elevation of vegetarian and vegan concepts, embracing automation and finding ways to operate in smaller areas are just a few predictions from several executives leading fast casual brands. Jenelle Brown, VP of operations and training, Uncle Maddio’s Predictions:   As the demands of the consumer continue to support off-premise…

Emerson has agreed to acquire Cooper-Atkins, a leading manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for foodservice, healthcare and industrial markets. Cooper-Atkins is a longtime technology leader in foodservice markets with a comprehensive offering of temperature management and monitoring products for spot inspection and fixed location uses, including restaurants, supermarkets…

G.E.T. Enterprises, a supplier of alternative tableware, and its investment partner Olympus Partners, are pleased to announce that G.E.T. has merged with Winco, a manufacturer and supplier of kitchenware and tableware to create a leading supplier to the foodservice industry. G.E.T. has been a leading supplier of high-quality dinnerware, drinkware, and displayware crafted from melamine…

Ramon Laguarta has been named president of PepsiCo, Inc., effective Sept. 1. Currently, Mr. Laguarta is chief executive officer of Europe Sub-Saharan Africa (ESSA) for the company. In his new role, he will oversee PepsiCo’s global category groups, global operations, corporate strategy, PepsiCo Foundation and public policy and government affairs functions. “Mr. Laguarta will shape…

Chris Sullivan, one of Outback Steakhouse’s four co-founders, resigned from Bloomin’ Brands Inc.’s board of directors, according to a U.S. Securities and Exchange Commission filing. The move is effective immediately, and the size of the board will be reduced to seven, the company said. Bob Basham, Sullivan, Trudy Cooper, and Tim Gannon founded Outback in…

Food industry executive Richard L. Mazer has been elected the 19th chairman of the board of The Culinary Institute of America. He succeeds former Dunkin’ Brands CEO Jon Luther in this position. “Richard Mazer has long been a trusted consultant and leader in the food business, and played a key role in Ventura Foods’ rise to…

When The Cheesecake Factory announced last spring that it was launching its first Canadian location at Yorkdale Shopping Centre, customers immediately wanted to know if they could make reservations – months in advance of the opening. The news went viral as Torontonians rejoiced that they would no longer have to drive south to experience the prominent U.S. restaurant chain’s…