Restaurant Management News
Restaurant Management news continually updated from thousands of sources around the net.
1 hr ago | GuruFocus.com
The owner of Pizza Hut, KFC and Taco Bell, Yum! Brands is planning to make its investors happy by increasing their returns. The fast food restaurant chain will be paying out around 40% to 45% of its annual adjusted profit.
5 hrs ago | Pasadena Star-News
Award-winning chef and restaurateur Tom Colicchio, a seasoned judge on Bravo's “Top Chef” and owner of Craft in L.A., is on a mission to find out. Colicchio has been traveling all over the country this summer to the nation's top eateries for the “Best New Restaurant.” The new Bravo reality competition pits 16 of the hottest new restaurants in the United States against each other in a series of challenges that tests local eateries' culinary prowess as well as their customer service, decor and more.
7 hrs ago | The Motley Fool
Amazon is leading the online revolution Retailers delivered largely disappointing financial performance during the last holiday season. The unusually cold weather was clearly a relevant factor behind lackluster sales data, but the online retail revolution is a much more serious and permanent threat for many brick-and-mortar operators.
11 hrs ago | Crain's New York Business
When titans Barry Sternlicht and Stephen Hanson began clashing over how to run BR Guest Hospitality, Mr. Sternlicht quietly began casting around for a new chief executive for the restaurant company. In June 2013, the investment banker hired James Gersten, a veteran restaurateur, as a senior vice president overseeing hospitality for his growing hotel portfolio - but he had bigger plans for him.
16 hrs ago | Palo Alto Weekly
Henry Rafael, a project planner with the City of Palo Alto, stands in front of Sam's Chowder House in downtown Palo Alto, which opened last November after going through the city's permit process. Photo by Ciera Pasturel.
Jamila Bibi has spent the last three days locked in a Saskatchewan jail, not knowing the terror that awaits her if she is deported to her home country. Bashin Ahmed Khan, a lawyer representing Bibi, said Bibi would rather die in a Canadian prison than go back to her native Pakistan, where she faces charges of adultery.
Fast food workers across the globe have been holding protests and walking out on their jobs in an attempt to force the industry to raise wages to at least $15 an hour. In response to the protests, McDonald's, one of the largest fast food chains in the world, has warned that wage increases would force franchisees to raise menu prices .
We're living in a golden age for a certain kind of very-public investing strategy, where big-name hedge funders get up on stage, or produce PowerPoint presentations laying out their investment thesis on a given company. Bill Ackman is probably best known for this strategy.
ADVANCE FOR USE SUNDAY, SEPT. 14, 2014, AND THEREAFTER- In this November 1989 photo, Tommy Thompson holds a $ 50 pioneer gold piece retrieved earlier in 1989 from the wreck of the gold ship Central America.
In a 1,500-page report criticizing Darden Restaurants' management of its flagship chain, Olive Garden, investor Starboard Value says the chain is hurting itself at locations such as this one in Short Pump, Va., and cited numerous problems - including servers piling on too many breadsticks at a time. In a nearly 300-page treatise on what's wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks.
An investment firm sold 6.2 million Starbucks Corp. shares between Thursday's close and Friday's session, according to people familiar with the matter, turning over more than double the stock's average daily volume in a single trade. Bank of America Merrill Lynch facilitated the sale by buying the entire position and re-offering it to clients for $75.15, the people said, for a deal value of $469 million.
No-shows for reservations are an age-old problem for restaurants. But one restaurateur thinks he has cracked the problem by replacing bookings with paid-for tickets, and he's bringing the system to the UK.
The owner of Bangkok's popular Krua Apsorn restaurant sits down with Coconuts TV to give a quick primer on proper Thai table manners. First off, eating with chopsticks and forks is a Western thing: "The spoon is the main utensil when we eat Thai food," says restaurateur Apsorn Gumnurdmanee .
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A U.S. appeals court was set to hear arguments Friday on whether a Wisconsin law requiring voters to show photo identification at the polls should be reactivated in time for the November elections following a... Three Republican-appointed federal judges in Chicago have heard arguments about Wisconsin's voter ID law and whether it should be reinstated for the November election. A former day care worker was convicted Friday of abducting a 5-year-old girl from her school classroom and sexually assaulting her during a 19-hour ordeal.
Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that's disputing how the restaurant chain is run. In a wide-ranging critique, the hedge fund Starboard Value says restaurants lack training and that servers bring too many breadsticks to tables at a time.
Updated: Sun Sep 14, 2014 08:25 pm
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