Company News
McDonald’s Sells 80% Stake In China Business, While Taco Bell Debuts There
McDonald’s plans to run the brand but not the operations in China. In a move that reflects increasing growth opportunities in Asia and a continued shift away from operating its own restaurants, the Oak Brook, Ill., chain is selling a controlling stake in its China business to a group of investors led by state-owned Chinese…
NPD Forecasts Flat Traffic, Disruptive Trends Again In 2017
Challenging trends and operator differentiation are key drivers
Perspectives 2017
In an environment of greater-than-usual economic uncertainty, operators are investing in systems, equipment and technology to help them better control their future.
Bob Evans Finds French Buyer For French-Themed Mimi’s Café
Mimi’s Café, the French-inspired casual-dining chain founded in 1978 and currently owned by Bob Evans Farms, will soon have a new French parent. Bob Evans has entered into a definitive agreement to sell the 145-unit chain for $50 million to LeDuff America. Mimi’s Café, established by a World War II veteran who loved his time…
FER EXCLUSIVE: Perspectives 2014
Greater efficiency—from equipment, kitchen design and layout, employees and even customers themselves—is the key to growth in 2014.
EVENTS: Pie Squared Concept Debuts At IHMRS
Innovative “pizza” concept is the 2013 winner of the Foodservice Pioneering Concept competition.
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