Restaurants

Bloomin’ Brands Announces Board of Directors Changes

Thursday, July 2, 2020 - 1:00pm

Bloomin Brands, Inc. (Nasdaq: BLMN) and JANA Partners LLC today announced the addition of John P. Gainor, Jr. and Lawrence V. Jackson to the Bloomin Brands Board of Directors.

Key Points: 
  • Bloomin Brands, Inc. (Nasdaq: BLMN) and JANA Partners LLC today announced the addition of John P. Gainor, Jr. and Lawrence V. Jackson to the Bloomin Brands Board of Directors.
  • John and Lawrence bring new and valuable expertise that will complement our Board of Directors, said Jim Craigie, Chairman of the Board.
  • In addition to serving on the Board of Directors, Gainor will serve on the Nominating and Corporate Governance Committee.
  • Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant brands.

Wingstop Inc. to Announce Second Quarter 2020 Financial Results on July 29, 2020

Wednesday, July 1, 2020 - 9:05pm

(NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its second quarter 2020 financial results on Wednesday, July 29, 2020 at 10:00 AM EST.

Key Points: 
  • (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its second quarter 2020 financial results on Wednesday, July 29, 2020 at 10:00 AM EST.
  • Hosting the conference call will be Charlie Morrison, Chairman and Chief Executive Officer, and Michael Skipworth, Executive Vice President and Chief Financial Officer.
  • A press release with second quarter 2020 results will be issued that same day, before the market opens.
  • As of March28, 2020, Wingstop generated 47% of sales via digital channels including Wingstop.com and the Wingstop app.

Saladworks Extends Super Summer Celebration Following Successful June

Wednesday, July 1, 2020 - 6:09pm

WEST CONSHOHOCKEN, Pa., July 1, 2020 /PRNewswire/ -- Saladworks , the nation's leading fast-casual create-your-own salad franchise, announced today that it will extend its Super Summer Celebration through July, following a successful run in June.

Key Points: 
  • WEST CONSHOHOCKEN, Pa., July 1, 2020 /PRNewswire/ -- Saladworks , the nation's leading fast-casual create-your-own salad franchise, announced today that it will extend its Super Summer Celebration through July, following a successful run in June.
  • Through the celebration, Saladworks Rewards Members can receive special offers with every visit to their local Saladworks.
  • Extending the Saladworks Super Summer Celebration is just one of many things we can do to give back to our amazing, loyal guests who have stuck with us these past several months," said Mark Mears, Chief Marketing Officer of Saladworks.
  • For more information about Saladworks' Super Summer Celebration or to become a Saladworks Rewards member, visit www.saladworks.com or download the Saladworks app.

50 Best Releases Its First-Ever E-cookbook Featuring Recipes From the World's Top Chefs and Bartenders to Support the Global Hospitality Industry

Wednesday, July 1, 2020 - 3:30pm

LONDON, July 1, 2020 /PRNewswire/ -- The organisation behind The World's 50 Best Restaurants has releaseditsfirstevere-cookbook,entitled Home Comforts: simple lockdown recipes from the world's best chefs and bartenders,featuring recipes that the world's most revered chefs are cooking for their families at home.

Key Points: 
  • LONDON, July 1, 2020 /PRNewswire/ -- The organisation behind The World's 50 Best Restaurants has releaseditsfirstevere-cookbook,entitled Home Comforts: simple lockdown recipes from the world's best chefs and bartenders,featuring recipes that the world's most revered chefs are cooking for their families at home.
  • The cookbook contains 50 unique recipes from an equal balance of female and male chefs who have featured on recent 50 Best lists, alongside 25 cocktail pairings from bartenders behind The World's 50 Best Bars.
  • This initiative offers a means for every gastronomy lover to help the hospitality sector's cause in return for an exceptional collection of recipes and insights.
  • The winner will receive two VIP tickets to The World's 50 Best Restaurants awards event in 2021 in Antwerp, Flanders.

50 Best Releases Its First-Ever E-cookbook Featuring Recipes From the World's Top Chefs and Bartenders to Support the Global Hospitality Industry

Wednesday, July 1, 2020 - 3:30pm

LONDON, July 1, 2020 /PRNewswire/ -- The organisation behind The World's 50 Best Restaurants has releaseditsfirstevere-cookbook,entitled Home Comforts: simple lockdown recipes from the world's best chefs and bartenders,featuring recipes that the world's most revered chefs are cooking for their families at home.

Key Points: 
  • LONDON, July 1, 2020 /PRNewswire/ -- The organisation behind The World's 50 Best Restaurants has releaseditsfirstevere-cookbook,entitled Home Comforts: simple lockdown recipes from the world's best chefs and bartenders,featuring recipes that the world's most revered chefs are cooking for their families at home.
  • The cookbook contains 50 unique recipes from an equal balance of female and male chefs who have featured on recent 50 Best lists, alongside 25 cocktail pairings from bartenders behind The World's 50 Best Bars.
  • This initiative offers a means for every gastronomy lover to help the hospitality sector's cause in return for an exceptional collection of recipes and insights.
  • The winner will receive two VIP tickets to The World's 50 Best Restaurants awards event in 2021 in Antwerp, Flanders.

Washington Prime Group Announces Exciting Food and Beverage Offerings to Make Debut in Tri-Cities at The Mall at Johnson City

Wednesday, July 1, 2020 - 1:00pm

Washington Prime Group Inc. (NYSE: WPG) today announced updates to redevelopment efforts at The Mall at Johnson City, located in Johnson City, Tennessee.

Key Points: 
  • Washington Prime Group Inc. (NYSE: WPG) today announced updates to redevelopment efforts at The Mall at Johnson City, located in Johnson City, Tennessee.
  • Washington Prime Group is in active discussions with a lineup of both regional and national food and beverage concepts to join Chipotle and Chicken Salad Chick in the new, high-visibility space at The Mall at Johnson City.
  • Lou Conforti, CEO and Director of Washington Prime Group stated: Why did the Chicken Salad Chick Cross the Roan Street in Johnson City, Tennessee?
  • Ill tell you why...so our guests at Johnson City Mall could enjoy such Southern favorites as Olivias Old South and Jalapeo Holly.

FCPT Announces Closing of Second Tranche (Three Properties) of Seritage Transaction for $11.3 Million

Tuesday, June 30, 2020 - 11:34pm

The properties are located in Florida within highly trafficked and populated corridors with one property leased to Olive Garden and two properties leased to LongHorn Steakhouse.

Key Points: 
  • The properties are located in Florida within highly trafficked and populated corridors with one property leased to Olive Garden and two properties leased to LongHorn Steakhouse.
  • Inclusive of todays acquisition, FCPT has acquired a total of 13 properties for $43 million under the Seritage transaction to date.
  • The Seritage portfolio transaction was priced at a cap rate in range with previous FCPT transactions.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

Wingstop Opens First Ghost Kitchen in US

Tuesday, June 30, 2020 - 4:09pm

DALLAS, June 30, 2020 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced the opening of its first domestic ghost kitchen located in the brands hometown of Dallas.

Key Points: 
  • DALLAS, June 30, 2020 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced the opening of its first domestic ghost kitchen located in the brands hometown of Dallas.
  • The ghost kitchen spans less than 400 square feet, compared to Wingstops average restaurant footprint at approximately 1,750 square feet, but offers the full menu guests know and love from Wingstop.
  • The location is open for delivery only and guest orders will be fulfilled from the ghost kitchen just the same as they would from a traditional Wingstop location.
  • As of March28, 2020, Wingstop generated 47% of sales via digital channels including Wingstop.com and the Wingstop app.

McDonald's Canada President & CEO John Betts to Retire After Transformational Impact on Canadian Business

Tuesday, June 30, 2020 - 3:48pm

TORONTO, June 30, 2020 /CNW/ - McDonald's Canada today announced that President and Chief Executive Officer, John Betts, will retire following 12 years at the helm of the Canadian organization.

Key Points: 
  • TORONTO, June 30, 2020 /CNW/ - McDonald's Canada today announced that President and Chief Executive Officer, John Betts, will retire following 12 years at the helm of the Canadian organization.
  • Mr. Betts will be best remembered for his relentless focus on innovation and drive to optimize the McDonald's Canada business model.
  • During his time with McDonald's Canada, Mr. Betts led the most significant restaurant brand transformation in the organization's Canadian history.
  • "Throughout my timein Switzerland,I've kept the Canadian team inmy heart,and look forward to maintaining the growth of the Canadian business."

Summer in Style with New Dunkin' Inspired goodr Sunglasses

Tuesday, June 30, 2020 - 3:00pm

CANTON, Mass., June 30, 2020 /PRNewswire/ -- With summer fun in full swing, Dunkin' is celebrating the season with new ways to keep Americans sippin' and snackin' in style.

Key Points: 
  • CANTON, Mass., June 30, 2020 /PRNewswire/ -- With summer fun in full swing, Dunkin' is celebrating the season with new ways to keep Americans sippin' and snackin' in style.
  • To help fans rock a cool, new look while running on Dunkin', the brand has teamed up with goodr sunglasses to design and launch two sets of Dunkin' inspired shades for the perfect summer accessory.
  • Dunkin' branded goodr sunglasses are available for purchase exclusively on Dunkin's online pop-up shop beginning July 1 at 12 PM EDT for a price of $25 (plus applicable tax and shipping), while supplies last.
  • "Dunkin' iced beverages are a summer staple for staying cool, and now, we're making it fun and easy to look cool too with stylin' shades from goodr sunglasses, sure to be the must-have summer fashion for any Dunkin' fan," said Drayton Martin, Vice President, Brand Stewardship at Dunkin'.