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2008-09-25 Restaurant Industry News Highlights

Trends

New Study Finds Dollar Signs Reduce Sales
An academic study by faculty members at The Culinary Institute of America (CIA) and the Cornell University School of Hotel Administration has found that restaurant customers spend more money when no dollar sign precedes prices on a menu. ...more

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Development

Real Mex Restaurants Introduces Sinigual Contemporary Mexican Cuisine to New York
Sinigual Contemporary Mexican Cuisine, boasting a fusion of traditional and innovative Mexican cuisine and hospitality, today announced the opening of its flagship location in New York. Located at 150 East 42nd Street in New York City, Sinigual, the newest concept from Real Mex Restaurants showcases warm, sophisticated décor that complements creative and innovative Mexican cuisine. ...more

Buffalo Wild Wings, Inc. Announces Completion of Purchase of Nine Las Vegas Franchised Restaurants
Buffalo Wild Wings, Inc. (Nasdaq: BWLD), today announced the completion of the $23 million asset acquisition of nine Buffalo Wild Wings(R) franchised restaurants in the Las Vegas, Nevada area. The transaction was funded with available cash and marketable securities. ...more

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Environmental

Subway Restaurants to Change a Light, Change the World 22,000 US Locations Will Participate in Program
On October 1, 2008, in each of the approximately 22,000 SUBWAY(R) restaurants in the United States, an incandescent light bulb will be replaced with one Philips, energy efficient, compact fluorescent light (CFL) bulb. ...more

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Openings

Smashburger Opens Sixth Store, Expands Beyond Denver
Consistently ranked one of the best places in the country to live and work, Ft. Collins is about to gain another notch on its belt as it becomes home to the first Smashburger expansion outside of Denver. ...more

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Other

Graffiti artists' free to paint on restaurant's canvas
Until this year, an Orlando street artist -- street name "Dolla"-- made his art between 3 and 6 a.m., to avoid the cops. He'd plaster buildings with giant posters depicting animated characters and messages of peace until he ran out of wheat paste or the sun came up. A 3-foot-tall poster took less than a minute to post, a 10-footer, less than five. ...more

Krispy Kreme hopes to heat up sales with ice cream
Krispy Kreme's signature glazed doughnuts may be best hot, but its sales have been anything but in recent years. Now the chain is hoping that going cold - with its new soft-serve ice cream - will be the catalyst it needs. ...more

More hotels spruce up breakfast offerings
Move over pancakes and omelets. Make room for lobster hash and five-spiced waffles with duck confit. ...more

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 Departments

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 .  Development : 2 new
 .  Environmental : 1 new
 .  Openings : 1 new
 .  Other : 3 new
 .  Trends : 1 new

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