To Our Valued Subscribers: My colleagues and I really enjoyed seeing so many of you at “The Show.” We hope you all had a safe and uneventful trip home as well. It is always a pleasure to renew old acquaintances and make new industry connections. I hope your time in our city was productive and… read more
The U.S. Food and Drug Administration will develop a “Blueprint for a New Era of Smarter Food Safety” for how the agency applies new and emerging technologies to advance food safety. Traceability, digital technologies and evolving food business models are among the areas the blueprint will address, the agency explained, and a public meeting scheduled… read more
Food and beverage recalls initiated by the Food and Drug Administration during the first quarter of 2019 fell 36.5% to 99, the second lowest quarter since the third quarter of 2015 and the third lowest total since at least 2010, according to Stericycle Expert Solutions’ Recall Index. Stericycle Expert Solutions attributed the decline primarily to… read more
In the next eight to 10 years, Restaurant Brands International plans to surpass 40,000 locations globally, increasing its store count by 55% in a move to become one of the world’s largest restaurant companies. The parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons had 25,809 locations open as of March 31. McDonald’s is nearly… read more
Yum Brands Inc. co-owned Mexican cuisine chain Taco Bell named Burman Hospitality as its exclusive national franchise partner, a deal that makes Burman Hospitality one of the largest Taco Bell franchisees globally by store count. So far, Taco Bell’s 35 stores in India were operated as a mix between Burman Hospitality and its own equity… read more
Shares of the pizza chain fell 2% in premarket trading. The stock, which has a market value of $1.5 billion, is up 16% so far this year. Earlier this month, Schnatter said in a regulatory filing that he had solicited financial advisors for help selling all or part of his stake in the company he founded…. read more
Last June, IHOP, known to many as International House of Pancakes, ran a risky PR stunt, “changing” the company’s name to IHOB, International House of Burgers for a short period. Now, as the anniversary of that attention-grabbing temporary move nears, the chain is teasing another switch on social media. “What could the P be?” a… read more
Greg Flynn says he’s received almost no pushback in a three-market no-delivery test, says RB’s The Bottom Line, arguing that the service should be margin-neutral. Here is how far delivery has come in the restaurant business in just two years: Companies are now testing what it’s like not to have it. Flynn Restaurant Group, Applebee’s largest operator,… read more
Burger King has long struggled to match the sales-generating power of its top rival, McDonald’s. That’s never truer than it is at breakfast. Miami-based Burger King wants to change that. The fast-food chain, owned by Canadian operator Restaurant Brands International, is planning more innovation and marketing in the morning, believing it can quickly add sales… read more
TJF USA LLC, the parent company to the fast-casual Tijuana Flats brand, has named three new executives, including a CEO and a chief financial officer, the company said. The Altamonte Springs, Fla.-based fast-casual brand said Brian Wright, most recently CEO and board member at Northborough, Mass.-based Bertucci’s Italian Restaurant, would succeed Rick Van Warner in… read more