Food & Beverage News
Global Food-Delivery Battle Heats Up With $4 Billion Deal
European food-delivery giant Delivery Hero has agreed to buy a South Korean rival for $4 billion, heating up the global battle to meet growing consumer demand for delivered meals. Online food-delivery businesses around the world are joining forces and attracting investment as more consumers opt to have their meals brought to their homes or offices,…
Read MoreInnovating your Business Means Thinking Around the Box too
The National Restaurant Association’s Restaurant Innovation Summit keynoter David Robertson, MIT senior lecturer, consultant and student of innovation, explained the big power of little ideas and the concept of a “third way” of innovating that’s not inside the box, not outside the box, but around the box. It’s the credo behind his approach to innovation…
Read MoreCracker Barrel Downsizes with Tiny Store Promotion in NYC
Cracker Barrel Old Country Store Inc. is celebrating its 50th anniversary by taking a tiny-sized store to the streets of New York before it launches its first sponsorship of a float in Thursday’s annual Macy’s Thanksgiving Day Parade. “As we celebrate our golden anniversary, this is a big moment for Cracker Barrel, and we wanted…
Read MoreOlive Garden is Putting on a Clinic in Restaurant Performance
Olive Garden has lived by this creed for the better part of a year: Give up traffic, but make decisions with the long-term health of the business in mind. And it boils down to the state of the industry, Darden CEO Gene Lee said during the company’s latest quarterly review. The luxury to plan ahead…
Read MoreWhy Darden is Thriving in the ‘War for Talent’
There are two ways to look at any pain point, and that’s the case with Darden and labor. First, the rough side, which is a sounding-board subject for restaurants: Regulation by outside parties, perhaps not invested in the success of the business, are putting up costly roadblocks that make it difficult to create more and…
Read MoreFormer Long John Silver’s CEO Joins Smokey Bones
Smokey Bones appointed longtime restaurateur James O’Reilly as its new chief executive officer. O’Reilly joins Smokey Bones from Long John Silver’s, where he served as CEO for four years. He was selected by private equity firm Sun Capital Partners for his track record of leadership, brand building, and value creation. O’Reilly’s plans are to improve…
Read MoreThe ‘Clean’ Trend is Shifting from the Label to Processing
The global scope of the clean label trend was on display on the opening day of Food Ingredients Europe, taking place Nov. 28 – Nov. 30 in Frankfurt. It is clear the trend has gone mainstream globally and is beginning to move into ingredient and finished product processing techniques. Processing techniques that may be perceived…
Read MoreFormer McDonald’s Worker is Hailed as Hero after Revealing His Secret
A former McDonald’s employee revealed on social media that he didn’t give customers the proper amount of McNuggets. Fortunately, this man was a generous rule-breaker and his customers’ lives were made better due to his actions. I worked at McDonald’s for two and a half years and I put 11 nuggets in almost every 10-piece I…
Read MoreMiddleby Acquires Brava Home Inc.
The Redwood City, Calif.-based company is well-known for its advanced residential cooking technology paired with a chef-powered service. Brava offers proprietary cooking-by-light technology which provides users a fast, flexible, space saving and eco-friendly appliance for their kitchen counter. The patented light technology cooks food up to four times faster, requires no preheat and allows the preparation of multiple…
Read MoreSbarro Set to Open First Location in Costa Rica
Sbarro announces its inaugural location in Costa Rica. In an exclusive development agreement with franchise partner Pizza in Paradise Sociedad Anonima, led by Jorge Moya and sons Jorge and Jose, has opened Sbarro—known for its extra-large New York-style pizza slice—in Lincoln Plaza in the city of Moravia, with more locations to follow. “The restaurant industry in…
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