 Casual Dining Woes Claim Bennigan's
The dramatic news from numerous media outlets that S&A Restaurant Corp. and certain affiliates filed for Chapter 7 bankruptcy protection seemingly caught employees and customers off guard, as it shuttered many Bennigan's and Steak & Ale Restaurants the company operated. Given the well-documented challenges the foodservice industry faces, most notably rising food costs, it would be easy to see this as one of the first casualties of the economic climate, but it could be a better indicator of the challenges faced by the casual-dining segment.
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Franchising Important for Sales Growth
Many top restaurant chains grew their 2007 sales through signing more franchisees, instead of relying on same-store sales increases, according to a report published by Technomic, a Chicago-based research firm. This held true for both limited-service and full-service sectors.
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Face-to-Face with Mass Customization
FE&S catches up with Steve Dragoo of Service Solutions Consulting and the author of the book "The Experience Economy: Work Is Theater and Every Business Is a Stage," to learn more about the mass customization and what foodservice equipment manufacturers, dealers and operators need to be successful in today's business climate.
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Triarc Announces Management Changes
Triarc Cos., the franchisor of the Arby's restaurant system, announced management changes following the closing of the pending acquisition of Wendy's International, currently on track to occur in the second half of this year. J. David Karam will assume the position of president of Wendy's, and Stephen Farrar will serve as chief operating office for Wendy's.
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Tankless Water Heaters Save Energy
Tankless water heaters, also known as instantaneous or on-demand water heaters, provide hot water without using a storage tank. Like tank water heaters, tankless water heaters use either gas or electricity to operate, but unlike conventional water heaters, tankless water heaters are very efficient because they do not have standby losses incurred by continuous use of energy to maintain water in a tank to a set temperature.
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Webcast to Forecast the Foodservice Industry
Leveraging data collected from the foodservice operator and equipment and supplies dealer segments, this FE&S webcast will report on the industry's 2008 fiscal performance to date. The magazine will also provide an early glimpse at the foodservice equipment and supplies industry’s economic outlook for the first half of 2009, followed by a Q&A at the conclusion of the webcast. Click to register.
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Meet Eric, FE&S' New Blogger
Meet Eric Norman, FE&S' new blogger in his introductory post on Norman's Notes. Norman talks about how he got into the industry as well as about his association activities, through which he has been working on initiatives supporting emerging professionals and the sustainability movement.
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Chain Expansion Report
Baja Fresh, Dunkin' Donuts and other chains release expansion information.
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