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2008-06-02 Restaurant Industry News Highlights

Features

Food & Beverage - Best of Times? - By Joe Dunbar
As many operators fight to make their business model more profitable, the number of operational changes is high. Companies are adjusting staffs, menus, suppliers and equipment. This is a great time to fine tune your operation. Plato stated: '...the true creator is necessity, who is the mother of invention.' over 2,300 years ago. ...more

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Trends

Cornell Roundtable Joins Labor with Management
Discussion Focuses on Law's Effects on Union Organizing ...more

Dining Out Declines
Looming recession drives Americans out of the restaurant, back into the kitchen ...more

Air Travelers Avoided 41 Million Trips in Past Year - U.S. Economy Takes $26.5 Billion Hit
First-of-Its-Kind Study Demonstrates Travelers Changing Behavior Due to Immense Frustration with Air Travel Process ...more

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Technology

TimeForge v2.4.5
Making a great work schedule week after week is often a painful managerial chore for businesses of all sizes. However, the increased store profits, lower turnover, and improved employee morale make employee scheduling software a worthwhile investment. ...more

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Sales and Marketing

Burger King Restaurants Extend Late Night Hours with Star Power, Music and Late Night Action
Entertainment Powerhouse Sean 'Diddy' Combs and Acclaimed Director Spike Lee Collaborate in Advertising Spot as The King Takes Local Late Night Scenes by Storm ...more

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Appointments

Ruby Tuesday Names Rockwell Its Finance VP
Ruby Tuesday, Inc. (NYSE: RT) announced that Steve Rockwell, a Wall Street veteran with more than 25 years of experience in financial analysis and management, has been named its Vice President of Finance. ...more

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Development

Noble Roman's Signs 46 Unit Area Development Agreement for Counties Surrounding Columbus, Ohio
Indianapolis based Noble Roman's, Inc. (BULLETIN BOARD: NROM) today announced the signing of another Area Development Agreement for 46 units, along with receipt of the development fees, for its dual-branded concepts, Noble Roman's Pizza and Tuscano's Italian Style Subs. ...more

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Financial

Red Robin Gourmet Burgers, Inc. Board of Directors Reaffirms Intent to Repurchase up to $50 million of Common Stock
Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, announced that during the board of directors meeting on May 28, 2008, the board reaffirmed its intent, as previously announced in a press release dated August 16, 2007, to repurchase up to $50 million of the Company's common stock. ...more

AFC Reports Financial Results for First Quarter 2008
Net income was $6.4 million, or $0.24 per diluted share, compared to $6.4 million, or $0.22 per diluted share, last year. ...more

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Other

California Restaurant Association Comments on Assembly Bill 2572
Applauds the California Assembly for approving a responsible approach to the issue of mandated nutritional information disclosure at chain restaurants. ...more

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 Departments

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 .  Appointments : 1 new
 .  Development : 1 new
 .  Features : 1 new
 .  Financial : 2 new
 .  Other : 1 new
 .  Sales and Marketing : 1 new
 .  Technology : 1 new
 .  Trends : 3 new

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