Restaurant

Online On-Demand Food Delivery Services Market| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio

Friday, September 18, 2020 - 8:00am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200918005014/en/
    Technavio has announced its latest market research report titled Global Online On-Demand Food Delivery Services Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of Online On-Demand Food Delivery Services market.
  • Download free report sample
    Amid the COVID-19 Crisis, the Revaluated and Updated Online On-Demand Food Delivery Services Market Report Says:
    The online on-demand food delivery services market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic.
  • Online on-demand food delivery services market is segmented by business model (order-focused food delivery services and logistics-focused food delivery services) and geography (APAC, Europe, MEA, North America, and South America).
  • Rising demand for convenient food has been an instrumental factor in influencing the growth of online on-demand food delivery services market.

FCPT Announces Acquisition of a Chick-fil-A Property from Washington Prime Group for $2.1 Million

Thursday, September 17, 2020 - 10:21pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction.
  • The Washington Prime portfolio was priced at a capitalization rate consistent with FCPTs investment thresholds and past transactions.
  • Inclusive of todays acquisition, FCPT has acquired a total of 48 properties for $77.7 million from Washington Prime Group.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

J. Alexander’s Holdings, Inc. Reports Recent Trends and Business Update

Thursday, September 17, 2020 - 9:09pm

As of September 14, 2020, the Companys cash on hand totaled approximately $18.6 million.

Key Points: 
  • As of September 14, 2020, the Companys cash on hand totaled approximately $18.6 million.
  • Days on which restaurants are closed for business for any reason other than scheduled closures on Thanksgiving and Christmas are excluded from this calculation.
  • J. Alexanders Holdings, Inc. is a collection of restaurants that focus on providing high quality food, outstanding professional service and an attractive ambiance.
  • The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Essential Properties Realty Trust, Inc. Announces Primary Public Offering of Common Stock

Thursday, September 17, 2020 - 9:02pm

Essential Properties Realty Trust, Inc. (NYSE: EPRT; the Company) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock.

Key Points: 
  • Essential Properties Realty Trust, Inc. (NYSE: EPRT; the Company) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock.
  • The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock.
  • The Company expects to use the net proceeds from the offering for general corporate purposes, including potential future investments.
  • The offering of the common stock is being made pursuant to the Companys effective shelf registration statement filed with the Securities and Exchange Commission (the SEC).

Worldwide Restaurant Point of Sale Terminals Industry to 2026 - Opportunity Analysis for New Entrants - ResearchAndMarkets.com

Thursday, September 17, 2020 - 1:05pm

The "Global Restaurant Point Of Sale Terminals Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Restaurant Point Of Sale Terminals Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
  • The Global Restaurant Point of Sale Terminals market is expected to reach $25.99 billion by 2026 growing at a CAGR of 8.8% during 2019 to 2026.
  • Furthermore, restaurant POS terminals can be utilized for table reservations, menu and order management, restaurant staff management, and order delivery management.
  • Moreover, the growing command for mobile point of sale terminals in restaurants and multiple functions provided by the point of sale for restaurant management in point of sale terminals restaurant is creating ample opportunities across the world.

Slice Launches New Accelerator to Help Independent Pizzerias Compete Against Domino’s, Papa John’s in Age of COVID

Thursday, September 17, 2020 - 1:47pm

Slice the innovative tech platform powering Americas local pizzerias announced today the launch of Slice Accelerate as part of their ongoing mission to keep local thriving.

Key Points: 
  • Slice the innovative tech platform powering Americas local pizzerias announced today the launch of Slice Accelerate as part of their ongoing mission to keep local thriving.
  • The goal of this program is to give these local shops the digital transformation they need to reach their full potential.
  • Slice transforms independent pizzerias with the specialized technology, marketing, data insights, and shared services they need, all at a low fixed cost per order, to serve todays digital-minded customers.
  • Serial tech entrepreneur Ilir Sela started Slice to solve the digital challenges of his familys New York City pizzerias.

Papa John’s Announces Plans for New Global Headquarters in Atlanta Area to Accelerate Long-Term Growth and Innovation

Thursday, September 17, 2020 - 1:00pm

Papa Johns International, Inc. (NASDAQ: PZZA) today announced plans to open a new global headquarters in the Metro Atlanta, GA region, where menu innovation; marketing; customer experience; HR; diversity, equity and inclusion; communications; and development functions will be located.

Key Points: 
  • Papa Johns International, Inc. (NASDAQ: PZZA) today announced plans to open a new global headquarters in the Metro Atlanta, GA region, where menu innovation; marketing; customer experience; HR; diversity, equity and inclusion; communications; and development functions will be located.
  • Papa Johns also maintains a headquarters office outside of London, UK, where its international operations are managed.
  • Atlanta is also our largest corporate-owned restaurant market and the location of our newest and most sophisticated QCC.
  • Papa Johns International, Inc. (NASDAQ: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS.

Niman Ranch Awards Over $169,000 in Scholarships to Young Farmers, Future Sustainable Agriculture Leaders

Thursday, September 17, 2020 - 12:00pm

The Niman Ranch Next Generation Foundation, the philanthropic arm of sustainable and humane meat pioneer Niman Ranch, last week awarded scholarships to 48 young people from seven states totaling more than $169,000.

Key Points: 
  • The Niman Ranch Next Generation Foundation, the philanthropic arm of sustainable and humane meat pioneer Niman Ranch, last week awarded scholarships to 48 young people from seven states totaling more than $169,000.
  • View the full release here: https://www.businesswire.com/news/home/20200917005143/en/
    The Niman Ranch Next Generation Foundation, the philanthropic arm of sustainable and humane meat pioneer Niman Ranch, last week awarded scholarships to 48 young people from seven states totaling more than $169,000.
  • In addition to the scholarship announcements, awards were granted to Niman Ranch hog farmer families recognizing superior meat quality, leadership, ten- and twenty-year partnerships with the company and more.
  • For the first time, Niman Ranch announced a Sustainable Farmer of the Year award to recognize outstanding efforts to protect the environment.

The Whopper® Is Now Free of Colors, Flavors and Preservatives From Artificial Sources

Thursday, September 17, 2020 - 12:02pm

Today, Burger King restaurants are proud to announce the Whopper sandwich now features no colors, no flavors and no preservatives from artificial sources in all markets across the United States.

Key Points: 
  • Today, Burger King restaurants are proud to announce the Whopper sandwich now features no colors, no flavors and no preservatives from artificial sources in all markets across the United States.
  • In the U.S., 85% of the Burger King permanent food menu is now free of colors, flavors, and preservatives from artificial sources, and the brand is striving to achieve 100% by the beginning of next year.
  • View the full release here: https://www.businesswire.com/news/home/20200917005039/en/
    The Whopper Is Now Free of Colors, Flavors and Preservatives From Artificial Sources (Photo: Business Wire)
    We put a lot of effort into the Whopper to make it taste great and the real Whopper free of colors, flavors and preservatives from artificial sources has the same iconic flame-grilled flavor that guests know and love, said Chris Finazzo, President, Americas, Burger King.
  • Earlier this year, Burger King removed all preservatives, colors and flavors from artificial sources from the Whopper sandwich in several European countries and select markets in the United States.

Aramark Global Day of Community Service Adapts to Community Needs During Pandemic

Thursday, September 17, 2020 - 12:30pm

Aramarks global day of community service, Aramark Building Community (ABC) Day, is taking on a new look this year, due to the COVID pandemic.

Key Points: 
  • Aramarks global day of community service, Aramark Building Community (ABC) Day, is taking on a new look this year, due to the COVID pandemic.
  • While we wont be able to celebrate Aramark Building Community Day in person this year, we will continue to Care.
  • by working closely with our community partners to allocate funding and supplies where they are needed -- pandemic relief, food insecurity, or other community projects, said John Zillmer, Aramarks Chief Executive Officer.
  • Today, in the spirit of ABC Day, Aramark is supporting local communities globally in a variety of ways.