Restaurant

Trends Shaping Canada’s Restaurant and Foodservice Industry in 2024

Retrieved on: 
Tuesday, March 5, 2024

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- RC Show 2024 , Canada's leading hospitality and foodservice event, is set to showcase the latest trends and insights shaping the industry.

Key Points: 
  • TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- RC Show 2024 , Canada's leading hospitality and foodservice event, is set to showcase the latest trends and insights shaping the industry.
  • The concept of "eatertainment" is driving innovation in the industry, with restaurants leveraging interactive elements and entertainment to create memorable experiences that generate positive word-of-mouth.
  • This means there is a growing emphasis on transparency in the foodservice industry.
  • You will find more of these trends and solutions all under one roof at RC Show 2024, taking place April 8-10, where the industry will come together, be inspired and learn how to LEVEL UP!

First Watch Restaurant Group, Inc. Reports Strong 2023 Financial Results and Provides 2024 Outlook

Retrieved on: 
Tuesday, March 5, 2024

At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.

Key Points: 
  • At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.
  • At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.
  • Restaurant level operating profit: a non-GAAP measure, is defined as restaurant sales, less restaurant operating expenses, which include food and beverage costs, labor and other related expenses, other restaurant operating expenses, pre-opening expenses and occupancy expenses.
  • Restaurant level operating profit margin: a non-GAAP measure, is defined as Restaurant level operating profit as a percentage of restaurant sales.

Nashville's Gulch Lands Major Tenant as Calvetti Ferguson Signs Office Lease

Retrieved on: 
Tuesday, March 5, 2024

Calvetti Ferguson will occupy the space in August, with over 15,000 square feet on the 20th floor.

Key Points: 
  • Calvetti Ferguson will occupy the space in August, with over 15,000 square feet on the 20th floor.
  • "As we expand our footprint, we're thrilled to plant roots in Nashville's vibrant Gulch neighborhood," said Jason Ferguson, the firm’s managing partner.
  • We believe this location will attract top talent to join Calvetti Ferguson and provide a stellar environment for client collaboration and partnership."
  • “Our office is a place for our people, clients, and community partners to gather, learn, collaborate, and contribute to the Nashville community,” says Nicholas McClay, Nashville office managing partner at Calvetti Ferguson.

Executive Roomspace Announce a Range of Comfortable and Convenient Serviced Apartments in London

Retrieved on: 
Monday, March 4, 2024

Executive Roomspace Ltd , a leading provider of excellent travel accommodation, is proud to announce its range of comfortable and convenient serviced apartments in London that are designed to help business and leisure travellers feel at home.

Key Points: 
  • Executive Roomspace Ltd , a leading provider of excellent travel accommodation, is proud to announce its range of comfortable and convenient serviced apartments in London that are designed to help business and leisure travellers feel at home.
  • Our apartments have over twice the space of most hotel rooms,” said a spokesperson from Executive Roomspace.
  • Explore the dynamic areas of southern London with Executive Roomspace’s Serviced Apartments In Croydon .
  • Executive Roomspace invites professionals and leisure travellers who have any questions about its range of high-quality serviced apartments in London to contact its friendly customer service team today via telephone or email.

A.I. Supercomputer Market Projected To Reach $3.3 Billion By 2028 with Significant Growth Expected

Retrieved on: 
Monday, March 4, 2024

A report from MarketsAndMarkets said that the AI supercomputer market is projected to grow from USD $1.2 billion in 2023 and is expected to reach USD $3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028.

Key Points: 
  • A report from MarketsAndMarkets said that the AI supercomputer market is projected to grow from USD $1.2 billion in 2023 and is expected to reach USD $3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028.
  • The report said: “The Government segment in the AI supercomputer market for application is expected to hold the largest market size during the forecast period in the AI supercomputer market.
  • Moreover, AI supercomputers are also being used to coordinate disaster relief efforts and provide assistance to victims of disasters.
  • AI supercomputers process vast datasets in real time, providing valuable insights into customer behavior, market trends, and operational efficiency.

Bonchon Celebrates Women’s History Month with Female Corporate Leadership Team

Retrieved on: 
Friday, March 1, 2024

Dallas, March 01, 2024 (GLOBE NEWSWIRE) -- Bonchon , a global leader in Korean fried chicken, is celebrating Women’s History Month with a trailblazing U.S. leadership team.

Key Points: 
  • Dallas, March 01, 2024 (GLOBE NEWSWIRE) -- Bonchon , a global leader in Korean fried chicken, is celebrating Women’s History Month with a trailblazing U.S. leadership team.
  • “Bonchon connects people with great Korean food around the globe, and our U.S. corporate leadership team uniquely relates to our diverse group of franchisees and guests,” says Tsai.
  • Tsai joined Bonchon U.S. in August 2023 as Chief Growth Officer and was appointed Chief Executive Officer two months later.
  • “Every woman on our leadership team brings unique experiences and strengths to the table,” says Tsai.

Top Pizza Chefs Can’t Get Enough of this Limited-Edition Pizza Kit Corto x Stanislaus Released in Celebration of Women’s Pizza Month

Retrieved on: 
Friday, March 1, 2024

Lodi, CA, March 01, 2024 (GLOBE NEWSWIRE) -- March marks Women’s Pizza Month, and Corto Olive Co. and Stanislaus tomatoes — two “secret weapons” of top professional pizza makers for decades — are kicking off this pizza celebration with the release of a limited-edition “For the Love of Pizza” kit.

Key Points: 
  • Lodi, CA, March 01, 2024 (GLOBE NEWSWIRE) -- March marks Women’s Pizza Month, and Corto Olive Co. and Stanislaus tomatoes — two “secret weapons” of top professional pizza makers for decades — are kicking off this pizza celebration with the release of a limited-edition “For the Love of Pizza” kit.
  • Recipe booklet featuring pizza creations exclusive to the Pizza Kit by inspiring professional pizzaiolas, including Christy Alia (Real Clever Food; founder Women’s Pizza Month, Westchester, NY); Louise Joseph (Dough Girls, Greenwich, CT); Audrey Kelly (Audrey Jane’s Pizza Garage, Boulder, CO); and Laura Meyer (Pizzeria da Laura, Berkeley, CA).
  • “I don't know what I would do without Corto Extra Virgin Olive Oil and Stanislaus tomatoes.
  • Coinciding with Women’s History Month, Women’s Pizza Month celebrates women pizza makers and the women who inspire great pizza making.

LGI Homes Opens New Community in the Raleigh Market

Retrieved on: 
Thursday, February 29, 2024

OXFORD, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the opening of The Meadows at Oxford, a new community offering brand-new, single-family homes in historic Oxford, NC.

Key Points: 
  • OXFORD, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the opening of The Meadows at Oxford, a new community offering brand-new, single-family homes in historic Oxford, NC.
  • The Meadows at Oxford features a collection of thoughtfully designed homes that range in size from 1,182 square feet to 2,025 square feet with three to four bedrooms and two to two-and-a-half bathrooms.
  • Built with LGI Homes’ CompleteHome™ package, homes within this popular collection showcase a full suite of stainless steel Whirlpool® kitchen appliances, sparkling granite countertops, 36” upper cabinets with hardware and crown molding, luxury, vinyl plank flooring and much more.
  • "With the opening of The Meadows at Oxford, we are excited to expand our presence further into the Raleigh market," said Jef Yarbrough, Division President for LGI Homes.

Toll Brothers Announces Beckham Place at Morningside Model Home Grand Opening in Atlanta Area

Retrieved on: 
Thursday, February 29, 2024

ATLANTA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its model home at Beckham Place at Morningside , a new community of luxury townhomes in Atlanta, Georgia.

Key Points: 
  • ATLANTA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its model home at Beckham Place at Morningside , a new community of luxury townhomes in Atlanta, Georgia.
  • The onsite Sales Center and Toll Brothers model home is open at 1770 Beckham Place in Northeast Atlanta.
  • The highly anticipated Beckham Place at Morningside model home features innovative architecture and the perfect blend of luxury and contemporary interior design.
  • Toll Brothers offers new four-story luxury townhomes at Beckham Place at Morningside, with 3 to 4 bedrooms, 3.5 baths, 2-car garages, and rooftop terraces.

Colabor Group Reports Results for the Fourth Quarter and Fiscal 2023, Completes With Success the Relocation to Its New Distribution Center and Announces the Acquisition of Assets Related to Foodservice Sector

Retrieved on: 
Thursday, February 29, 2024

It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.

Key Points: 
  • It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.
  • On a comparable basis, our fourth quarter results show revenue growth of 5.8%, while our adjusted EBITDA(1) increased by 18.2%.
  • “During the fourth quarter, we also completed the relocation of our wholesale activities and our head office to our new strategic center in Saint-Bruno-de-Montarville.
  • Consolidated sales for the fourth quarter were $196.3 million, an increase of 1.6% compared to $193.2 million during the corresponding quarter of 2022.