Food & Beverage News
Plant-Based Meat Placement Matters, says Kroger
Sales of plant-based meat alternatives increased by 23% when merchandised in the meat department at grocery stores, according to new research from the Plant Based Foods Association and the Kroger Co. The placement of plant-based proteins was tested during a 12-week period prior to the coronavirus pandemic at 60 stores in Colorado, Indiana and Illinois.…
Read MoreAnnapolis, Md.-based Ledo Pizza Names Will Robinson as the Company’s First Chief Marketing Officer
The 100+-location, Annapolis, Md.-based regional pizza franchise Ledo Pizza has announced Will Robinson as the company’s first chief marketing officer. With 12 years of experience as Ledo Pizza’s vice president of restaurant marketing, Robinson was promoted to CMO where he will oversee the company’s sales and marketing budget and technology, manage franchise partners and third-party…
Read MoreMcDonald’s Unveiled an 8,024 Square Foot Solar-Powered Restaurant at Disney World on July 1
The new restaurant is covered in solar panels and has a 1,700 square foot living wall that naturally cools the building and collects rain water. The restaurant is already open for drive-thru and delivery from 8 am to 10 pm. The 8,024 square foot restaurant is covered in solar panels and features eco-friendly design features…
Read MoreMike O’Donnell to Retire as Ruth Hospitality’s Executive Chairman
Ruth’s Hospitality Group, one of the largest upscale steakhouse companies in the world, today announced that Michael O’Donnell, the Company’s current executive chairman, will retire effective December 9, 2020. Following this date, O’Donnell will remain as member of the board of directors. Mike O’Donnell stated, “It’s been a privilege to serve as Executive Chair of Ruth’s Chris for…
Read MoreExcellence in Customer Service in the New Normal
In my coaching and consulting sessions with executives during the pandemic, we’ve discussed critical issues such as speed, agility, resilience, pivoting, adaptability, prioritizing, change, strategy, scenario planning, transformation, rebuilding, rethinking and much more. Excellence in customer service As we enter the new normal, excellence in customer service will be an imperative! In an era where…
Read MoreJersey Mike’s CEO Peter Cancro Finances New Stores through Special Ownership Program
In 1975, 17-year-old Peter Cancro bought Mike’s Subs with the financial help of his football coach, Rod Smith, who was also an executive at the local town bank. Cancro had worked at the New Jersey sub shop for three years. The handshake deal would lead to Cancro building an empire of sandwich stores under the…
Read MoreYum! Unveils $100 Million Plan to Combat Inequality
Yum! Brands announced that it’s pledging $100 million in the next five years to fight inequality. The global mission, referred to as the Unlocking Opportunity initiative, will combat discrimination across KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill by focusing on equity and inclusion, education, and entrepreneurship. As part of these efforts, Yum!…
Read MorePepsiCo Dropping Aunt Jemima’s Name, Removing Imagery ‘Based on Racial Stereotype’
The image of a black woman will be removed from the brand’s pancake mixes, syrups and other products, the company said. A new name will be announced following the first phase of packaging changes, which will begin appearing throughout the fourth quarter. The 130-year-old Aunt Jemima brand and imagery originally were based on the minstrel…
Read MoreInvestment group acquires Krystal Restaurants
Affiliates of Fortress Investment Group LLC and its operating partner, Golden Child Holdings, have acquired Krystal Restaurants LLC. Krystal filed for bankruptcy in January and was put up for sale as part of the reorganization process. Fortress emerged as the successful bidder of the business. Thomas Stager was named president of Krystal, effective immediately. He replaces…
Read MoreSmith & Wollensky’s Parent is Looking for Growth Through Acquisition, said New President Oliver Munday
Smith & Wollensky parent Danu Partners is on the hunt for potential acquisitions as the steakhouse brand gradually rebuilds its business after the coronavirus shutdown, said recently appointed president Oliver Munday. Munday was named president of the eight-unit Smith & Wollensky chain in March, replacing Michael Feighery, who had been with the company for 35…
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