According to the National Restaurant Association, the foodservice industry is expected to generate $997 billion in sales and 500,000 new jobs by the end of 2023. The forecast was unveiled as part of the NRA’s 2023 State of the Restaurant Industry report, an annual publication that combines national survey data from restaurant owners, operators, chefs,… read more

Greek Entrepreneur Debuts Plant-Based Frozen Desserts Made with Olive Oil   Extra virgin olive oil is the stealthy star ingredient in Wildgood, a new brand of non-dairy frozen desserts developed by a Greek artisanal ice cream maker. Sotiris Tsichlopoulos tapped his family’s olive groves to create a plant-based treat that has a creamy texture and… read more

BK names Chief Operating Officer Joshua Kobza as its new chief executive, effective March 1, succeeding José Cil Burger King-Owner Restaurant Brands Posts Strong Fourth Quarter, Names new CEO Restaurant Brands International on Tuesday posted a strong fourth quarter and named Chief Operating Officer Joshua Kobza as its New Chief Executive, effective March 1, Replacing… read more

Last fall, JINYA Holdings decided to fill a 10,000-square-foot restaurant space in Hawaii with three of its brands: JINYA Ramen Bar, Robata JINYA, and its newest concept, LBD Japanese Bar & Lounge . . . . LBD offers a number of Japanese alcoholic beverages and signature cocktails, like the Frozen Spicy Toki (Toki Japanese Whisky,… read more

Marco’s Pizza, which opened its 1,100th store and surpassed $1 billion in sales in 2022, this year plans to open its 1,200th store and roll out a cloud-based technology platform called Marco’s Order Management System (MOMS) Toledo-based Marco’s Pizza has more than 200 stores in various stages of development and over 350 signed agreements. Company… read more

Younger Consumers Become a Target for Pizza Hut Offering convenient and portable products and competing in different eating occasions are two ways executives of Pizza Hut expect to attract more younger consumers. “It’s not a secret that Pizza Hut historically has been more popular with older people than with younger people,” said Aaron M. Powell,… read more

James Butler has joined Brinker International, Inc. as chief supply chain officer and senior vice president . . . . Mr. Butler will oversee the company’s procurement efforts, food safety and quality assurance, distribution and logistics, brand program management, and all other supply chain functions. “James is a visionary leader who builds collaborative, integrated teams… read more

What began as speculation in a Wall Street Journal article has now been verified — The Subway quick-service chain is for sale. Doctor’s Associates, Inc., the owner of the business, did not establish a timeline for when a sale may happen, saying only that it will conduct a “sales exploration process.” The disclosure the chain… read more