The National Restaurant Association Demanding SBA release $180 million

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More than a year after the U.S. Small Business Administration revealed its Restaurant Revitalization Fund had run out of money, federal watchdogs say they’ve found $180 million still in the kitty, prompting industry advocates to demand the aid be distributed immediately. “Now more than ever, every dollar appropriated by Congress for restaurant relief needs to… read more

Global Foodservice News – July 15, 2022 Edition

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Game & Go is operated by Zippin and lets guests grab food and beverages within the Dave & Buster’s full-service restaurant without needing to check out . . . . Dave & Buster’s Opens Coca-Cola Market with Automated Checkout Dave & Buster’s Entertainment Inc. announced that the company is testing checkout-free convenience store technology at… read more

8 Lessons Chain Restaurants Can Teach Independents

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Sandwiched between early restaurant gigs in her native Colorado—waiting and bussing tables, washing dishes, and bartending at different mom-and-pop eateries—and the 2003 launch of her Denver-based culinary syndicate alongside chef and business partner Jennifer Jasinski, Beth Gruitch gained an unofficial degree in restaurant operations from Chicago-based Levy Restaurants and the Kimpton Hotels & Restaurants enterprise…. read more

Fogo de Chão Announces Plans to Enter Asia

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Fogo de Chão, the internationally-renowned restaurant from Brazil that allows guests to make discoveries at every turn, today announced its plans to enter Asia for the first time with the signing of a franchise development agreement that will bring Fogo’s award-winning dining experience to the Philippines. In partnership with Bistro Americano Corp., a division of… read more

Starbucks Closes Some Restaurants Citing Safety Concerns

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Starbucks said this week that it is permanently closing 16 locations in various markets over safety concerns and is instituting new strategies to ensure the well-being of employees inside its cafes. The coffee giant said it would close locations in the Seattle area, Los Angeles, Philadelphia, Washington D.C. and Portland, Ore. The locations are set… read more

McDonald’s Surprises ‘Future 22’ Leaders with Grants

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McDonald’s USA LCC, through its Black & Positively Golden movement, surprised its Future 22 leaders with $10,000 each, totaling $220,000, during an event in their honor at the Essence Festival in New Orleans, La. The Chicago-based company launched the Future 22 program earlier this year “It’s a platform that McDonald’s wanted to tap into in… read more

Dave and Buster’s Might Convert Some Units to Main Event

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Throughout the course of Dave & Buster’s $835 million deal to acquire fellow food-and-games brand Main Event, the companies have touted the millions of dollars in “synergies” the pairing creates. On Tuesday, Dave & Buster’s Chairman (and former interim CEO) Kevin Sheehan said some Dave & Buster’s centers could be converted into Main Event units. After such… read more

McDonald’s Makes Changes to International Leadership

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Jill McDonald will be returning to McDonald’s as executive vice president and president, International Operated Markets (IOM), effective Sept. 5. In her new role, Ms. McDonald will oversee the restaurant chain’s five largest wholly-owned international markets and its IOM business unit, which consists of the company’s remaining wholly-owned international markets. Ms. McDonald has been chief… read more

Condado Tacos Opens Three Restaurants in Three Straight Weeks

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Condado Tacos has opened three new restaurants in three consecutive weeks to reach 35 company-owned and operated locations in total, encompassing 13 markets and seven states. With four more new restaurant openings this year, all in the fourth quarter, and an estimated 12–15 to open in 2023, Condado Tacos continues to grow at a record… read more