Global Foodservice News
Twin Peaks Uses Mountain-Sized Momentum to Create Growth Opportunities
Twin Peaks claims to have the coldest beer in the business, but its growth strategy is bringing the heat. At the close of July, the sports bar stands at roughly 80 units, with about 55 of those owned by franchisees. By the end of 2021, Twin Peaks should expand to 90–91 restaurants, including openings in…
Read MoreHow Restaurants Can Strategically Capitalize on the Restaurants Act of 2021
The COVID-19 pandemic has negatively impacted virtually every industry since it began back in March of 2020, especially the retail restaurant industry. The combined effects of America’s pandemic response, such as increased savings and social distancing measures, have forced many businesses to close some of their locations throughout the country, and others to shut down…
Read MoreWingstop is Ready to Take on Manhattan
The fast-casual, whose sales exploded during the pandemic, is planning to open 25 company-owned restaurants—a mix of ghost kitchens and traditional stores—in the heart of New York City, the company announced during a call with analysts Wednesday detailing its second-quarter earnings. “The New York market is one with a lot of white space for our…
Read MoreSmokey Bones’ Virtual Concept Introduces Crispy Chicken Sandwich
Smokey Bones’ virtual brand The Wing Experience is throwing its hat into the chicken sandwich ring and is about to put the other chicken sandwiches to shame. Starting now, its new Crispy Chicken Sandwich is golden fried to perfection and available in 50 different flavors – more than any other brand. While other chicken sandwiches…
Read MoreToo Good to Go Reducing Food Waste one Click at a Time
Chicago is the most recent city to welcome Too Good To Go, the company behind its namesake app for reducing food waste. Founded in 2016 in Copenhagen, and now in 15 countries, Too Good To Go saves more than 200,000 meals every day. Since the B Corporation’s US launch 10 months ago, the app has…
Read MoreNPD Group’s David Portalatin Said Sales are Moving in the Right Direction
NPD Group’s David Portalatin said sales are moving in the right direction, but challenges persist as operators navigate a new operating environment. While the verdict is still out on how the recent surge in COVID-19 cases due to the Delta variant will affect the foodservice business, restaurant performance has shown encouraging signs of a recovery.…
Read MoreBimbo Profits Hit all-Time High
Having hit new highs in financial results during the company’s second-quarter, Grupo Bimbo SAB de CV is determined to protect profit margin improvements, said Daniel Servitje, chairman and chief executive officer. Toward that end, the company is taking a number of steps, including raising prices in North America during the current quarter, he said. Overall,…
Read MoreHouston chef Chris Williams Launches Lucille’s Hospitality Group with Plans for Four New Concepts by 2022
Last year, when then Presidential contender Joe Biden came to Houston to pay respects to the family of George Floyd — whose death at the hands of police sparked a national social justice movement — they shared a meal at the beloved restaurant Lucille’s. Founded in 2012 by chef Chris Williams with his brother Ben…
Read MoreAlvaro Perez Miranda Plots Two new Concepts to Bring a True Taste of Japan to Miami
The Miami restaurant scene is on fire and Japanese cuisine, in particular, is in high demand. The time is right for Alvaro Perez Miranda, who is building a small group of beautifully designed restaurants that offer a true taste of Tokyo. The restaurateur with Venezuelan roots spent 15 years living in Tokyo, where he first…
Read MoreCarl’s Jr. Adds Another Beyond Burger Option
Inspired by the flavors of Carl’s Jr.’s Western Bacon Cheeseburger, the Beyond BBQ was “developed to complement the Beyond Burger patty” and is an “indulgent flexitarian option that turns barbecue on its head with a plant-based spin,” Carl’s Jr. said. The burger features a Beyond Burger patty topped with Carl’s Jr. original barbecue sauce, American…
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