ATLANTA Triarc Cos. Inc., brand parent to the 3,600-unit Arby’s chain, said fourth-quarter operating profit at its restaurant division jumped 37 percent from a year ago to $32 million. The profit surge was attributed to new unit development...
SEATTLE In another high-level executive change at Starbucks Corp., Cliff Burrows was named to succeed Launi Skinner as president of Starbucks’ U.S. operation, effective March 12. Also on Monday, the company appointed executives to serve as...
The daily headlines in our industry are enough to scare the bejeebers out of any foodservice operator. The short- and long-term effects of subprime mortgage lending, hundred dollar barrels of oil, slumping customer counts, slouching same-store...
Whether the country experiences a recession or not, American consumers already feeling the pressure of these difficult economic times are proving they aren’t prepared to do without, just with a little less—as in less food when dining out.According...
SACRAMENTO Calif. California state officials have released a list of nearly 3,000 restaurants and businesses that may have received beef that was recalled two weeks ago by the Westland/Hallmark Meat Co., but distributors indicated that some of the...
