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2008-09-22 Restaurant Industry News Highlights

Features

Dare To Be Better - By J. Ragsdale Hendrie
It is a strenuous leap from the pretty good to the excellent, and that chasm represents a stretch for many of us. So, let's focus on what we do well and aim to move the Hospitality Bar gradually. ...more

Food & Beverage - Food Cost Control ROI - By Joe Dunbar
If you've invested the time and money to build a food cost management system, this year will give you an above average return on investment. The reason your ROI will be higher is the edge may keep you in business. Many of my clients have seen their sales decline from 2007. Certainly, everyone has seen an increase in their cost of sales. Energy costs are soaring and the impact is seen in every delivery. ...more

Round Peg, Round Hole - By Ralf Borchert
A formal tool developed to ensure human resourcing matches the roles and purpose of the function and reduces the cost of failure. ...more

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Appointments

Beam Global Spirits & Wine Names Robert Probst as Chief Financial Officer
Industry Veteran to Lead Beam Global's Financial Management Function ...more

Craig Cunningham Named Vice President of Brand Marketing for T.G.I. Friday's USA
Cunningham, who will report to Jordan, will be responsible for all aspects of T.G.I. Friday's USA's marketing, advertising and promotion development as well as menu and pricing strategy. ...more

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Financial

India Hospitality Corp. Reports Preliminary Fiscal First Quarter 2009 Results
F1Q09 Revenues Up 52%, EBITDA Increases 46% over Prior-Year Period ...more

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Openings

New Hooters Location Opens in Saugus
Supporting Juvenile Diabetes Research Foundation and Operation Homefront ...more

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Other

L.A. Fast Food Moratorium Lacks Awareness and Broad Support, Says Technomic
Only 44 percent of South Los Angeles residents are aware of the recently-enacted moratorium on fast food restaurant openings, according to a recently-completed study by Technomic, Inc. Of those aware of the legislation, the Chicago-based food industry consulting and research firm found that over half supported it, while the remainder were opposed or had no opinion about it. ...more

National Roll-out of Embezzlement Protection for Coffeehouse and Cafe Owners
Surety One (http://www.suretyone.org/), a member of The Poindexter Group of Companies, announces the national roll-out of its specialty fidelity bond product for coffee/teahouse and cafe owners ...more

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 Departments

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 .  Appointments : 2 new
 .  Features : 3 new
 .  Financial : 1 new
 .  Openings : 1 new
 .  Other : 2 new

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