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2006-10-05 Restaurant Industry News Highlights

Features

Food & Beverage - Avoid Slashing Your Menu Prices - By Joe Dunbar
Economic conditions are rapidly changing with worldwide demand for energy at an all time high and rising interest rates in the USA. Higher costs are functioning as a tax on discretionary income. Borrowers and drivers are paying a lot more for money and gas. Restaurant expenditures often depend on patron's discretionary income. With the home equity line of credit option disappearing rapidly, credit card expenditures will be tightly monitored by more consumers. ...more

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Trends

August Travel Price Index Increased 6.2 Percent
2006 August Travel Price Index, the TPI, was 0.6 percent lower than July 2006 and 6.2 percent higher than August 2005. ...more

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Environmental

Crushing Bottles Cuts Costs, Saves Space, Aids Environment - By Glenn Hasek
Any hotel property that has a restaurant or bar has to deal with bottle disposal. No matter where they are on the property-behind the bar or in the dumpster-bottles take up space. It costs money in labor to move them from one location to another and to have them hauled away. ...more

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Financial

Wendy's International, Inc. Announces Strong Third-Quarter Same-Store Sales Results
Wendy's Produces Highest Comps since 2Q 2004; YTD Same-Store Sales at Company Restaurants Turn Positive ...more

Tim Hortons Continues Momentum with Solid Results in Canada and U.S.
Tim Hortons Inc. (NYSE:THI) (TSX:THI) today announced preliminary same-store sales increases of 5.9% at Tim Hortons(R) restaurants in Canada and 9.2% at restaurants in the United States for the third quarter, which ended on Sunday, October 1. ...more

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Other

Restaurant Inspection Scores from Across the Country Now Available Online
live mouse swimming in marinade. A fast food employee spraying pesticide in the kitchen near freshly prepared food. Health inspectors see everything, now their inspection reports are available on a new website launched by Garrison Enterprises, Inc. in Charlotte, N.C. ...more

La Cabaña Introduces a Unique New Opportunity for Adventurous Gourmands
It's City Slickers South American style! Buenos Aires' most legendary steakhouse, La Cabaña, is offering more adventurous diners the chance to saddle up with real Argentine cowboys with its new 'Gaucho for a Day' program. ...more

Eleventh Annual California Culinary Academy Educational Foundation Gala Dinner and Auction Raises Funds for 2006-2007 Culinary Scholarships
Eleventh Annual California Culinary Academy Educational Foundation Gala Dinner highlights include the presence of celebrity Chef Martin Yan as well as premier sponsors SKYY 90 Vodka, Mirassou Wines, Chalk Hill Wines, Pebble Beach Resorts and the Asian Chefs Association ...more

IH/M&RS Features Keynote Seminars Focused On Women Executives And Allied Buyers
During the International Hotel/Motel & Restaurant Show(R) (IH/M&RS) two keynote seminars on female leadership and vendors will take place at the Jacob K. Javits Convention Center in New York City. ...more

DAngelo Continues Transformation With Introduction Of New Toasted Classic Sandwiches And Additional Fall Restaurant Re-Models
In addition to the new sandwich line, D'Angelo will continue its re-modeling campaign by re-opening 14 D'Angelos through the end of the year. With the additional re-models, D'Angelo will now have converted nearly 25 percent of its restaurants to the new design concept. D'Angelo is the only sandwich chain in New England to offer grilled, toasted and cold sandwiches. ...more

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 .  Environmental : 1 new
 .  Features : 1 new
 .  Financial : 2 new
 .  Other : 5 new
 .  Trends : 1 new

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