Restaurant

Casa Chameleon Announces Inaugural ‘Flavors Beyond Borders’ Gastronomic Event

Retrieved on: 
Friday, February 16, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240216141116/en/
    Casa Chameleon at Las Catalinas, Costa Rica (Photo: Business Wire)
    Chef Dara Yu is a 2021 CIA graduate.
  • Beginning her career at age 12, Chef Yu competed and placed second in the first season of MasterChef Junior.
  • While Casa Chameleon, a Relais & Châteaux property, maintains a firm dedication to sustainability, exceptional cuisine, and personalized service, the property’s commitment to culinary excellence truly sets it apart.
  • Boasting four dining options, guests can expect unforgettable gastronomic experiences at any of Casa Chameleon's culinary locations.

InventHelp Inventor Develops New Accessory for Eating Wings (TRO-804)

Retrieved on: 
Friday, February 16, 2024

The invention provides an improved means of consuming chicken wings, drumsticks, or thighs.

Key Points: 
  • The invention provides an improved means of consuming chicken wings, drumsticks, or thighs.
  • The invention features a reusable design that is easy to use so it is ideal for restaurants and people who enjoy eating chicken wings.
  • The original design was submitted to the Toronto sales office of InventHelp.
  • 22-TRO-804, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext.

Denny’s Canada wins prestigious 2023 ‘Marketer of the Year’ award

Retrieved on: 
Friday, February 16, 2024

Dencan Restaurants Inc. opened their first location in 1992 and holds the distinction of being the national Denny’s development agent for Canada.

Key Points: 
  • Dencan Restaurants Inc. opened their first location in 1992 and holds the distinction of being the national Denny’s development agent for Canada.
  • Within the last 30 years, they have expanded their operations to include 57 corporate locations and 15 franchise restaurants.
  • “Being recognized as the 'Marketer of the Year' is a testament to our team's unwavering commitment to innovation and excellence.
  • We are honored to receive this prestigious award, which underscores our dedication to delivering exceptional experiences to our guests.” shares Deborah Gagnon, President & Chief Operating Officer of Denny’s of Canada & Bar One.

Brown-Forman Announces Sale of Cooperage in Alabama

Retrieved on: 
Friday, February 16, 2024

Brown-Forman Corporation (NYSE:BFA,BFB) announced the sale of its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO).

Key Points: 
  • Brown-Forman Corporation (NYSE:BFA,BFB) announced the sale of its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO).
  • The cooperage will continue to make barrels for the Jack Daniel Distillery as part of a strategic relationship between the companies.
  • ISCO will rename the cooperage from the Jack Daniel Cooperage to the Alabama Cooperage upon closing, expected by May 1, 2024.
  • Alabama Cooperage will be a great addition to our existing network of mills and cooperages,” said Independent Stave Company CEO Brad Boswell.

China Outbound and Inbound Tourism Spending Rebounds on Ant Group's Cross-Border Merchant Networks During Chinese New Year Break

Retrieved on: 
Saturday, February 17, 2024

A global campaign has been in full swing on the Alipay+ merchant network since December 2023 to attract Chinese tourists.

Key Points: 
  • A global campaign has been in full swing on the Alipay+ merchant network since December 2023 to attract Chinese tourists.
  • While traditional Asia favorites keep their enthusiastic following, more distant destinations in Europe, ANZ, the Middle East and North America are also picking up in Chinese traveler spending.
  • Hong Kong SAR, Japan, Macao SAR, Thailand, Malaysia, Singapore, South Korea, France, Australia and Canada are the top destinations for Chinese travelers by their Alipay spending.
  • Chinese restaurants, tourist attractions and public transportation are the most popular use cases for international visitors traveling in China and experiencing the festival.

EQS-News: First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Retrieved on: 
Friday, February 16, 2024

First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Key Points: 
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    The issuer is solely responsible for the content of this announcement.
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    Munich, February 16, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Temakinho S.r.l.
  • ("Temakinho") from Cigierre – Compagnia Generale Ristorazione S.p.A. ("Cigierre"), owned by funds advised by BC Partners.
  • Founded in 2012 and headquartered in Milan, Temakinho has been the Italian pioneer offering premium Japanese-Brazilian sushi, meat cuisine and drinks.

EQS-News: SMG Holding takes European lifestyle group Sircle Hospitality Group public - Listing planned for the second quarter of 2024

Retrieved on: 
Friday, February 16, 2024

Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group").

Key Points: 
  • Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group").
  • The listing of Sircle Hospitality Group on the regulated market of the Frankfurt Stock Exchange (General Standard) is planned for the second quarter of 2024.
  • A business merger agreement has been signed between Sircle Hospitality Group and the already listed SMG European Recovery, a subsidiary of SMG Holding.
  • The listing of Sircle Hospitality Group is already the second listing initiated by SMG Holding for 2024.

Investments in Product-Led Strategy Drove Yelp’s Strong 2023 Results

Retrieved on: 
Thursday, February 15, 2024

“Yelp delivered one of our strongest financial performances ever in 2023,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.

Key Points: 
  • “Yelp delivered one of our strongest financial performances ever in 2023,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.
  • Total advertising revenue increased by 13% year over year to a record $1.28 billion, driven by strong advertiser demand.
  • Average revenue per location grew sequentially in each quarter of 2023 to reach a record level in the fourth quarter.
  • Advertising revenue from Yelp’s most efficient channels, Self-serve and Multi-location, together accounted for approximately 50% of Yelp’s 2023 advertising revenue.

Toast Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • Subscription services and financial technology solutions gross profit was up 35% year over year from Q4 2022 to $270 million.
  • Non-GAAP subscription services and financial technology solutions gross profit grew 36% year over year to $281 million.
  • Beginning in fiscal year 2024, Toast is providing forward-looking guidance for Non-GAAP Subscription Services and Financial Technology Solutions Gross Profit which Toast considers its recurring gross profit streams.

DoorDash Releases Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Net Revenue Margin was 13.1% in Q4 2023, up 47 basis points Y/Y and 13 basis points quarter-over-quarter (Q/Q).

Key Points: 
  • Net Revenue Margin was 13.1% in Q4 2023, up 47 basis points Y/Y and 13 basis points quarter-over-quarter (Q/Q).
  • In Q4 2023, GAAP research and development expense was $253 million, consistent with $250 million in both Q4 2022 and Q3 2023.
  • The Q/Q increase was driven primarily by a sales tax benefit in Q3 2023 that did not repeat in Q4 2023.
  • Marketplace GOV grew 22% Y/Y on a pro forma basis in 2023, including the results from Wolt in both periods.