Food & Beverage News
Guy Fieri and the National Restaurant Association Educational Foundation’s relief fund hits $20M and can now help 40,000 restaurant workers
After an initial roadblock when the site was overwhelmed within the first few days, RERF has been processing grants and delivering much needed cash to former restaurant workers for over two weeks now, said Rob Gifford, NRAEF president. This week, the fund got a celebrity boost from former “The Office” actor John Krasinski’s new YouTube…
Read MoreBoston 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 MoreStaffing Shortages at Chicken Plant Forces Growers to ‘Depopulate’ Millions of Birds
In an open letter published as a full-page ad in Sunday’s New York Times, Washington Post and Arkansas Democrat-Gazette, John H. Tyson outlined Tyson Foods’ response to the ongoing coronavirus, but hinted that further closures — not only of Tyson Foods facilities, but competitors’ facilities as well — would put stress on the nation’s food…
Read MoreHere’s Where Restaurants and Workers Can Get Relief Funding During Coronavirus
As COVID-19 numbers climb, shelter-in-place orders are issued in various states, and businesses shutter, restaurants are grappling with the unimaginable as it happens in real time. Many brands remain open for carryout and drive thru, and operations haven’t ceased entirely as of yet for foodservice businesses. But officials are warning that it will get worse before…
Read MoreNational Restaurant Association Releases Coronavirus Reopening Guide for Industry
With Georgia set to allow restaurants to reopen dining rooms as early as Monday, the National Restaurant Association has released a comprehensive COVID-19 reopening guide for the industry to ensure a safe and secure environment for employees and guests. The 10-page guide, created with input from the FDA, Centers for Disease Control and Prevention and…
Read MoreGlobal Foodservice and Equipment Newsletter – April 15, 2020 Edition
To Our Valued Subscribers: On behalf of me and my colleagues at American Recruiters, we hope you are all safe and healthy. We also hope you had a safe and secure Easter or Passover. This is certainly not what any of us were envisioning at the start of 2020! With the NRA show being cancelled, and…
Read MoreMcDonald’s Names Mason Smoot as Chief Restaurant Officer
Mason Smoot, a 26-year McDonald’s Corp. veteran, has been named senior vice president and chief restaurant officer. He replaces Charlie Robeson, who is retiring, the Chicago-based quick-service chain said. Smoot starts May 1 in the new role, where he will oversee franchising, U.S. operations, and restaurant development. His previous role was senior vice president of strategic…
Read MoreDave & Buster’s to Sell Up to $75 million in Shares
Dave & Buster’s announced Tuesday that it has an agreement to sell up to $75 million in shares as part of an “at-the-market” equity offering program. Jefferies, an investment bank, will serve as the sales agent. Dave & Buster’s is using the program to build its cash flow amid the COVID-19 pandemic. Jefferies will use…
Read MoreBar Rescue’s Jon Taffer: The Future of Restaurants Will Be Led by Trust
Right now, operators in the restaurant industry are focused on staying afloat and making it through the next few weeks. Jon Taffer, star of Bar Rescue and owner of full-service concept Taffer’s Tavern, understands the pressure. But he’s concerned that not enough restaurateurs are thinking about the post-pandemic future. “What I’m worried about is that not…
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