Global Foodservice News

The Middleby Corporation announced the acquisition of Imperial Commercial Cooking Equipment . . . . Middleby Acquires Imperial Commercial Cooking Equipment Based in Corona, Calif., the company manufactures ranges, fryers, ovens, countertop equipment, and other specialty cooking products for the commercial kitchen. Imperial has annual revenues of approximately $40 million. “Imperial is a leading, highly-respected…

When KFC rings in the new year it will do so with a new leader. KFC’s parent, Yum! Brands, Inc., announced on Sept. 22 that Sabir Sami has been promoted to chief executive officer of the KFC Division, effective Jan. 1, 2022. Mr. Sami will succeed Tony Lowings, who will step down as CEO at…

Gene & Georgetti, Chicago’s original steakhouse since 1941 is celebrating. “We are celebrating making it this far through this pandemic, we are celebrating our team and all of the tireless work that they have done the last year and a half, and we are celebrating reaching 80 years of business this year,” says Michelle Durpetti,…

This month, Taco Bell became the latest restaurant chain to launch a subscription service, by testing a “Netflix for Tacos” pass. The pilot program, which launched at Tucson, Arizona locations, allows customers to get one taco a day for a monthly fee. The Taco Lover’s Pass pilot will run between September 9 and November 24,…

First Watch Restaurant Group Inc. will likely debut its initial public offering on the Nasdaq market late next week, raising as much as $218 million in two grants of stock. The Bradenton, Fla.-based company proposed offering 9.5 million shares, in a range of $17 to $20 each, which could raise more than $189.1 million and…

Darryl Dueltgen and Jason Udrija had a choice: Expand their successful New Jersey pizza restaurant brand called Pizza Love, or start a tech-powered pizza concept that could change the pizza industry. They decided to start a revolution. “We’ve put a lot of time into building a labor-reduced, tech-driven concept that we believe will revolutionize the…

Sales at Darden grew to $8.76 billion in fiscal 2014, which ended May 25, 2014, up 2.4 percent from 2013. While LongHorn Steakhouse, Yard House, and the Specialty Restaurants group posted sales gains, cornerstone brand Olive Garden saw a 3.4 percent sales decline from 2013, while recently-cut Red Lobster saw a 6 percent sales slide.…

The fine-dining segment was crippled by the onset of the COVID-19 pandemic in March 2020. High-margin desserts and starters, beverage add-ons, multi-layered meals, and the overall experiential atmosphere were stripped away in favor of an unfamiliar off-premises model. Upscale concepts found it difficult to adjust. In the spring of 2020, a Datassential survey of 400-plus…

A couple of months after moving its headquarters to Houston, Logan’s Roadhouse parent SPB Hospitality unveiled the steakhouse’s latest prototype in the same city, featuring upgraded décor, lighting, and signage. The flagship store includes real mesquite wood throughout its footprint and signage that honors Logan’s made-from-scratch rolls. Other special features include oversized beer can flags…

This transformation will help them reduce 90% use of fossil fuel-based plastic in toys. By Entrepreneur en Español September 22, 2021. This article was translated from our Spanish Spanish edition. Opinions expressed by Entrepreneur contributors are their own. Do you like to collect McDonald’s toys for yourself or your children? Everything seems to indicate that the fast food chain wants to…