Food & Beverage News
Boston Market Acquired by Engage Brands of Rohan Group of Companies
Boston Market announced that the company has been acquired by Engage Brands, LLC, one of the Rohan Group of Companies owned by real estate investor and restaurant operator, Jignesh Pandya. Boston Market’s former owner, Sun Capital Partners Inc., sold the Golden, Colo.-based company to Engage Brands, LLC for an undisclosed amount. “We are very pleased…
Read MoreSkyLine Cook & Chill Receives Best of Market Award for Energy Efficiency
Electrolux Professional SkyLine Ovens and Blast Chillers with the all-in-one solution for Cook&Chill are now part of “Best of Market.” This is the result of an extensive reader survey on the range of services as well as products and concepts offered by industrial partners in Germany. Based on practical experience, the panel voted for the…
Read MoreBrinker Elevates Doty to CMO of Chili’s
In her new role, Ms. Doty will be responsible for all U.S. and international Chili’s brand marketing, including menu innovation, using the brand’s insights to better understand Chili’s customers and employees, and harnessing digital marketing, social media, public relations and more to promote the Chili’s brand. Ms. Doty joined Brinker in 2017 as vice-president of…
Read MoreSmoothie King Serving New Immune Builder Smoothie
Amid consumers’ heightened focus on immune health during the coronavirus pandemic, Smoothie King is launching a new variety of its Immune Builder Smoothie. Made with organic spinach, kale, carrots, bananas and dates, the Immune Builder Veggie Superfood Smoothie features an electrolyte blend and apple pineapple juice. The new smoothie joins the mixed berry variety in…
Read MoreAssociation Offers Discount Drug Card, Telemedicine Programs to Members
The National Restaurant Association is offering two programs to help members and their employees stay healthy and safe. Through its new partner, Healthiest You, the Association is making a telemedicine option available to its members. The service is $7/month per employee. There are no co-pays, and all family members can use the service. Those interested…
Read MoreRed Robin Appoints Anthony Ackil to Board of Directors
Red Robin Gourmet Burgers and Vintage Capital Management, LLC, an investment firm with beneficial ownership of approximately 11.6 percent of the company’s outstanding shares, announced that they have reached an agreement to appoint Anthony Ackil to the Company’s Board of Directors, effective immediately. Ackil is the fifth independent director to be added to the Board…
Read MoreNYC’s Palm Steakhouse Company Sold for $45M After Tumultuous Family Drama
After a rocky few years involving a multimillion-dollar family Lawsuit and a family bankruptcy, storied steakhouse chain the Palm is no longer in the hands of the family who launched it in New York City 93 years ago. Massive Houston-based Landry’s — billionaire Tilman Fertitta’s company behind restaurants ranging from Morton’s the Steakhouse to Rainforest Cafe — has purchased the…
Read MoreHow are Restaurants Keeping up with Sustainability Trends?
From the addition of plant-based menu options to local sourcing and sustainable takeout packaging, restaurants have been tackling sustainability issues with gusto — and the industry as a whole is taking its role as steward of sustainability seriously. “Faced with constantly evolving challenges including production methods, sourcing and waste management, chefs are striving to improve…
Read MoreRed Robin Puts 3 – Year Timetable on Addition of Donatos Pizza
Red Robin Gourmet Burgers CEO Paul Murphy cracked open the casual chain’s playbook Tuesday to reveal the next steps in the burger concept’s turnaround plan, including the rollout of Donatos-brand pizza to its 550 units within three years. The introduction will cost the company and its franchisees about $91 million all told, or roughly $165,000…
Read MorePapa John’s Sees Gains in Comparable Store Sales Growth
Executives of Papa John’s International, Inc. in fiscal 2020 expect strong earnings per share companywide and continued improvement in North American comparable store sales growth, but in late February the coronavirus appeared to have affected the company’s stock price negatively. The coronavirus has affected 210 restaurants in China, which has the company anticipating a negative…
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