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January 6, 2014
Brinker To Acquire 11 Canadian Chili’s Units
Brinker Int’l. is accelerating its growth in Canada. The Dallas company has signed a deal with longtime Canadian franchise partner, Speedy Creek (2011) Ltd. to acquire 11 existing Chili’s Grill & Bar restaurants, all in the province of Alberta, which generate approximately $35 million in annual sales. The transaction is projected to close in June….
January 6, 2014
Sun Capital Buys Johnny Rockets, May Be Selling Captain D’s
Southern California burger chain Johnny Rockets has a new owner. Captain D’s Seafood Kitchen might soon, too. Sun Capital Partners, the parent company of Captain D’s, has acquired the 300-outlet Johnny Rockets; in the meantime, unconfirmed news reports circulate that the Boca Raton, Fla., private equity firm is putting Captain D’s Seafood Kitchen up for…
January 6, 2014
Roark Adds Another Brand, Acquires Miller’s Ale House
Miller’s Ale House, a 65-unit casual-dining chain, has been acquired by Atlanta-based private-equity firm Roark Capital Group. The Jupiter, Fla., chain had been owned by KarpReilly LLC. Financial details of the deal were not disclosed. As part of the acquisition, National Restaurant Association chairman Phil Hickey was named chairman of Miller’s Ale House. Miller’s is…
January 6, 2014
Long John Silver’s Dumps Trans-Fat Cooking Oil
Long John Silver’s is switching to trans-fat-free cooking oil in its domestic restaurants. By the end of the year, the company says that all of its U.S. locations will use trans-fat-free cooking oil for all fried products. The chain’s outlets located in cities or states that ban trans fats from restaurant food—including New York City…
January 6, 2014
Ukraine Welcomes World’s Largest KFC Drive-Through
It’s not only the chain’s flagship store, but KFC says its new outlet in Ukraine also is the world’s largest KFC drive-through restaurant. The 5,575-sq.-ft. store, at the National Railway Station in Kiev, features a double drive-through capable of serving 200 cars per hour, as well as dining-room seating for 280 customers and a 400-seat…
January 6, 2014
Awards And Honors:
Nor-Lake was honored recently with an award recognizing its 45 years of association with the Dairy Queen System. Nor-Lake has supplied walk-in and cabinet equipment to Dairy Queen since 1968. The Hudson, Wis., company received the award at the 2013 Dairy Queen Supply Chain Summit, Sept. 24-27, in St. Petersburg, Fla. Middleby Corp. has been…
January 6, 2014
Savings As Simple As 1-2-3 With 1814
Frymaster 1814 Fryers (gas and electric) offer a trio of savings: oil, energy, and space. The 1814 gas fryers have a Thermo-Tube heat transfer system which uses 6-in. vs. 4-in. tubes to provide superior heat-to-oil transfer and use more than 50% less energy than standard large-capacity fryers. The 1814 electric fryers have flat-bar, low-watt-density, ribbon-type,…
January 6, 2014
McD’s Plans 1,000 Revamps And A Third Drive-Through Window
McDonald’s Corp. has told investors that it plans to spend $3 billion opening as many as 1,600 new restaurants in the next year while revamping 1,000 locations. Also on deck for new and rebuilt restaurants, the world’s biggest restaurant chain will implement what it calls a Fast Forward Drive-Thru, which will allow customers whose orders…
January 6, 2014
Moderate Jobs Growth Continues, Consumer Confidence Stabilizes
Employment grew by 157,000 jobs in January, pretty much in line with economists’ expectations, the Bureau of Labor Statistics reported Friday, Feb. 1. Also on Friday, the Thomson Reuters/University of Michigan Surveys of Consumers final reading on Consumer Sentiment came in a bit ahead of expectations, rising to 73.8, as consumers absorbed the impact of…
January 6, 2014
Public E&S Companies Grow 3% In Fourth Quarter But Manage Only 2.2% Gain For Year
Combined revenues for seven publicly reporting foodservice equipment and supplies companies grew 3% in the fourth quarter of 2012. But the overall gain for the calendar year was only 2.2%, as flat sales in the second and third quarters, especially among the equipment-oriented companies, depressed growth. Sales declines in Europe, and to a lesser extent…
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