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2008-04-03 Restaurant Industry News Highlights

Features

Comparable Worth - What Would You Pay For The Experience - By J. Ragsdale Hendrie
We all know E-Bay. Many of us have attended those Charity galas with silent and loud auctions. We in Hospitality are always asked to contribute to educational, fraternal, civic and special interest events - a room night here, a fine dinner there, a basket of goodies, a trip on the Morning Dew vessel, a condo exchange, a day of skiing - you name it. We try to establish a value for these goods and services, helpful to the organization and our deductible Charity budget. ...more

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Technology

Digital Bar Media Has Significant Impact On Ad-Adverse Trendsetters According to New Research
Flexible Media Allows Advertisers to Connect with 21-34 year olds ...more

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Appointments

Ruby Tuesday, Inc. Announces Election of R. Brad Martin to Its Board of Directors
Ruby Tuesday, Inc. announced today that R. Brad Martin has been elected to a seat on its Board of Directors and also said that it is expanding the number of Directors from seven to eight, pursuant to its by-laws, which state that the additional director be elected by the Board. ...more

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Development

UFood Restaurant Group, Inc. Announces 38 Store Franchise Agreement
UFood Restaurant Group, Inc. (OTCBB: UFFC), a franchisor and operator of fast-casual food service restaurants and nutritional product retail stores, today announced the sale of a multi-unit restaurant development to a franchise developer in the Rocky Mountain states. ...more

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Financial

Wendy's First-Quarter Same-Store Sales Down
Average same-store sales at U.S. franchise restaurants decreased 0.1% during the quarter, compared to an increase of 3.7% during the same quarter a year ago. ...more

McCormick & Schmick's Seafood Restaurants, Inc. Debuts Video Report
McCormick & Schmick's Seafood Restaurants, Inc. (Nasdaq: MSSR) announced it has posted a video report to the investor relations section of its website at www.McCormickandSchmicks.com. ...more

VICORP Restaurants Inc. Files Voluntary Chapter 11 Petition
VICORP Receives $60 Million in New Financing - Company Expects Normal Operations to Continue While Restructuring Its Debt ...more

Ruby Tuesday, Inc. Reports Third Quarter Results
Ruby Tuesday, Inc. today reported diluted earnings per share of $0.23 on net income of $11.7 million for the Company's third quarter of fiscal 2008, which ended on March 4, 2008. ...more

CKE Restaurants, Inc. Reports Positive Period Two Blended Same-Store Sales
Trailing 13-Period Average Unit Volume at Carl's Jr. Exceeds $1.5 Million ...more

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Openings

Qdoba Mexican Grill Grows Locations in Manhattan With New Restaurant at 12 E. 46th St.
Qdoba Mexican Grill is continuing to expand its presence in Manhattan by offering New Yorkers more affordable fresh meals at its fourth New York location at 12 E. 46th St., between 5th Ave. and Madison Ave. The new restaurant opened to the public on Monday, March 31. ...more

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Other

Little Caesars #1 Pizza Chain in 2007 U.S. Store Growth
Achieves Seventh Consecutive Year of Significant Sales Increases ...more

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 Departments

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 .  Appointments : 1 new
 .  Development : 1 new
 .  Features : 1 new
 .  Financial : 5 new
 .  Openings : 1 new
 .  Other : 1 new
 .  Technology : 1 new

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