Restaurant News Resource
November, 3 2017
Restaurant Trends
Restaurant Trends - Growing And Emerging Concepts - Change and Activity November 1, 2017
Update from on growing and emerging restaurant concepts Read more
Mobile Phone Acoustic Hood
Mobile Phone Calls in Hotels, Restaurants, Offices and Public Spaces Can Be Irritating to Other People
This problem can be reduced with the installation of a Storacall hood designated for mobile phone use. By focusing mobile phone use to an acoustic hood, users can speak with increased privacy, quiet and reduced distraction from surrounding noisy environments whilst at the same time not disturbing and irritating other people with the conversation Read more
Development News
Starbucks Drives Single Tea Brand Strategy with Teavana; Sells Tazo Brand to Unilever
Starbucks (NASDAQ: SBUX) today announced entry into a definitive agreement for Unilever to acquire the assets of the Tazo brand including its signature recipes, intellectual property and inventory for $384 million. In turn, Starbucks will drive a single tea brand strategy and focus with its super premium tea brand, Teavana. Read more
Development News
Granite City Food & Brewery to Close Four Midwest Locations
The four closed locations are Granite City in East Wichita, Kansas, Granite City in West Wichita, Kansas, Granite City in Madison, Wisconsin, and Cadillac Ranch/Bartini in Indianapolis, Indiana. Read more
Diversified Restaurant Holdings Results
Diversified Restaurant Holdings Reports Third Quarter 2017 Results
Revenue for the quarter totaled $39.3 million, down 5.7% -Same-store sales declined 4.4% and are down 2.7% for the year Read more
Cheesecake Factory Results
The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2017
Comparable restaurant sales at The Cheesecake Factory restaurants declined 2.3% in the third quarter of fiscal 2017, including an approximately 0.8% negative impact from Hurricanes Harvey, Irma and Maria. Excluding this weather impact, comparable restaurant sales declined 1.5%. Read more
Shake Shack Results
Shake Shack Announces Third Quarter 2017 Financial Results
Third Quarter Total Revenue Grew 26.9% to $94.6 Million - System-wide Year-Over-Year Unit Growth of 36% - Net Income Increased 15.9% and Adjusted EBITDA Grew 19.9% in the Third Quarter Read more
Chuy’s Holdings Results
Chuy’s Holdings, Inc. Announces Third Quarter 2017 Financial Results
Revenue increased 7.7% to $92.2 million from $85.6 million in the third quarter of 2016. Read more
Starbucks Results
Starbucks Reports Q4 and Full Year Fiscal 2017 Results
Q4 Global and U.S. Comps Up 2%, Up 3% adjusted for Hurricane Impact; China Up 8%; Global Traffic Up 1% Read more

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In Brief...

Papa John’s Results
Papa John’s Announces Third Quarter 2017 Results

New Openings
The Dairy Queen System Announces the Opening of the First DQ Grill & Chill in South Korea

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