As restaurants across the country debate whether to oust tipping, things are getting a little more complicated for restaurateurs in several U.S. states. Earlier this week, California’s 9th Circuit Court of Appeals upheld a previous 2011 ruling that bans restaurants from making servers and bartenders share their tips with back of the house employees, reports… read more
Four Corners Property Trust, a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties is pleased to announce the signing of a definitive agreement to acquire 41 restaurant properties from Washington Prime Group Inc. for a purchase price of approximately $67.2 million cash. The transaction is priced at a cap rate consistent… read more
In the wake of the tragic Harvey deluge affecting so many of its customers in the Greater Houston area, Sweet Tomatoes www.sweettomatoes.com, with four locations in Houston, and Souplantation www.souplantation.com in California, are offering the following relief efforts: Free meals to First Responders and other volunteers with appropriate IDs including police officers, firefighters, Texas National Guard members and FEMA personnel… read more
Brands Inc. has entered into an agreement to acquire Homestyle Dining LLC, parent company to the Ponderosa Steakhouse and Bonanza Steakhouse brands (“Ponderosa” and “Bonanza”). Once the $10.5 million deal has closed, Ponderosa and Bonanza will be added to the Company’s existing portfolio of brands that includes Fatburger, Buffalo’s Cafe and Buffalo’s Express. The Company also… read more
The continued evolution of the foodservice dealer community took an interesting twist last week with the owners of Massachusetts-based B&G Restaurant Supply forming a partnership with Florida-based Johnson-Lancaster and Associates. The two companies opened a joint office in Westwood, Mass., that will go to market as Eastern B&G Food Service Equipment and will ultimately include… read more
Middleby Corporation acquires Sveba Dahlen Group, a leading manufacturer of high-quality bakery ovens, baking equipment and planetary mixers in Northern Europe. Sveba Dahlen was founded in 1948 and has a market leading position within professional high-quality baking ovens and baking equipment in Northern Europe. The company sells its products under three premium brands, Sveba Dahlen,… read more
Singer Equipment Co. has acquired the business of Ashland Equipment, the Belcamp, Md., dealer. Ashland has a large contract equipment presence in its home state, Delaware, Virginia, and Washington, D.C., markets, serving healthcare, higher education, K-12, business and industry, and restaurant segments. Rod White will continue leading the new division, which will operate as Ashland… read more
BrightTalk – Webinar Presented by Deb Calvert, Executive Coach & President of People First Productivity Solutions
by RUN Many employers provide paid time off (PTO) benefits to their employees. However, with laws impacting how employees can accrue and use PTO, it’s no surprise employers have questions. Here are some of the most common questions related to paid time off: Q: Am I required to provide my part-time employees with paid time… read more
by Kevin Cashman – Forbes Taking a true measure of our leadership success is no easy task. Do we measure net profit? Gross revenue? Customer satisfaction and loyalty? EBITDA? Quarterly results? Stock price? Social responsibility? While all these yardsticks are crucial, do they really get to the essence of what sustains leadership for the long… read more