Restaurant News Resource
March, 5 2019
 
 
 
FedEx SameDay Bot
 
Pizza Hut Joins Forces With FedEx To Test The Future Of Pizza Delivery
 
Testing of the FedEx SameDay Bot planned for summer 2019 Read More
 
Food Trends For 2019
SPM Communications Symposium: Top 2019 Food Trends
Food Trends For 2019
 
SPM Communications, a leading U.S. food public relations and social media marketing agency, hosted brand leaders and media for a presentation in February with award-winning registered dietitian to discuss 2019's top emerging food trends and the changing dietary landscape. Read more
 
Development News
RVI Announces Sale of Chick-fil-A Pad Ė West Allis Center
 
On March 1, 2019, Retail Value Inc. (NYSE:RVI) closed on the sale of the Chick-fil-A Pad at West Allis Center (West Allis, WI) for $2.2 million. Net proceeds were used to repay mortgage debt associated with RVI. Read more
 
Development News
Kitchen United Announces Locations for Kitchen Centers in Austin and Scottsdale
 
Kitchen United today announced it has signed lease agreements for kitchen centers in Austin, Texas and Scottsdale, Arizona. The locations are expected to open in the third quarter of 2019 as part of the company’s national expansion plans, which includes opening 15 kitchen centers through the course of the year. Read more
 
Financial News
Diversified Restaurant Holdings Reports Positive Preliminary Same Store Sales for Fourth Quarter 2018
 
2.2% same-store sales growth in fourth quarter breaks 11-quarter negative trend; Positive momentum has continued into 2019 Read more
 
Carrols Restaurant Group Results
Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2018
 
Restaurant sales increased 8.4% to $307.8 million from $284.0 million in the fourth quarter of 2017 - Comparable restaurant sales increased 2.7% compared to an 8.9% increase in the prior year quarter Read more
 
Red Robin Gourmet Burgers Results
Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and Year Ended December 30, 2018
 
Total revenues were $306.8 million, a decrease of 10.8%, including the negative impact of $24.3 million from having one fewer week in 2018 compared to 2017 Read more
 
Papa Johnís Results
Papa Johnís Announces Fourth Quarter 2018 Results and Provides 2019 Outlook
 
System-wide North America comparable sales decreases of 8.1% for the fourth quarter and 7.3% for the full year - International comparable sales decreases of 2.6% for the fourth quarter and 1.6% for the full year; total international sales increase of 11.0% for the fourth quarter and 13.3% for the full year, driven by unit growth Read more
 
New Openings
Black Bear Diner Announces New Restaurant Opening in Portland, Oregon
 
Black Bear Diner has announced it is officially opening its doors tomorrow, March 5, in Portland, Oregon. The franchise-owned restaurant will be located at 3737 SE 82nd Avenue. Read more
 

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