New way to 'try on' best new bottom line-building restaurant tech

POS device provider ParTech has partnered with cloud-based API software developer Omnivore to bridge the gap between restaurants and the tech developers and suppliers who cater to the industry. A news release said that through the partnership, PAR's cloud-based Brink...

Domino's Pizza announces recapitalization plan

Domino's Pizza, Inc. announced certain of its subsidiaries plan a recapitalization, including the refinancing of a portion of its outstanding securitization debt with a new series of securitized debt.

Pizza Hut US drags down Yum Brands Q1

Yum Brands said today that despite a drag on growth and sales from its U.S. Pizza Hut arm, the Louisville-based restaurant company is performing very well, thanks to Taco Bell's same-store sales growth and operating profit success at KFC, according...

Yum China names interim CFO

Yum China Holdings Inc. has appointed Jacky Lo as its interim CFO, effective June 1.

NRA to Congress: 'Press go on health act but fix it later'

National Restaurant Association Policy and Government Affairs EVP Cicely Simpson today told Speaker of the House and U.S. Rep.

US foodservice 2016 Q4 wage growth among best of all industries

PayScale Inc. said its latest numbers indicated that food service and restaurant wages grew by 3.6 percent over the past year, far outpacing the national average and making food service one of just three business sectors to experience what the company called "remarkable wage growth" in the final quarter of last year, according to a news  release.

Managers waste food no more: HotSchedules and BiRite announce partnership

HotSchedules and BiRite Foodservice Distributors have announced a partnership intended to help restaurant and hospitality managers accurately order and monitor inventory. Managers can now receive BiRite products through HotSchedules inventory, according to a release. HotSchedules is an application that allows...

Yum! increases profit prediction for year after solid Q2

Yum! Brands has increased its full-year core operating profit growth forecast to 14 percent from the previously predicted 12 percent, according to a company press release, which reported a solid Q2 that resulted in earnings per share of 81 cents...

Retail group applauds lawmaker opposition to overtime rule

The National Retail Federation is applauding the lawmakers taking a stand against the proposed federal overtime rule advocated by the federal Department of Labor. So far, 44 senators are publicly against the DOL proposal. "Retailers are happy to see that...

Study: Corporations need to more closely monitor employees' dining expenses

Corporations might soon be tightening limits on money spent for business-related dining and catering if the findings of a new research study by Dinova LLC and The BTN Group garner much attention from upper management in the U.S. The study...

Yum! announces pricing of notes offering

Yum! Brands Inc announced that certain subsidiaries operating KFC, Pizza Hut and Taco Bell restaurants have agreed to issue and sell $1.05 billion aggregate principal amount of 5 percent senior notes, due in 2024, and $1.05 billion aggregate principal amount...

Restaurant, oh restaurant, how do I pay thee? Study counts the increasing number of ways

Restaurateurs who offer the most-preferred ways to pay at their establishments are getting the edge in attracting business. That's one of the primary findings of the Second Annual Blackhawk Network Shopper Study. The firm — which produces gift cards and...

Free guide offers insight on working capital loan options

The consumer comparison service, SmallBusinessLoanRates.com, launched a campaign this week to help restaurant owners handle business financial challenges. The service is offering a free e-book and infographic, both aimed at the specific needs of restaurant owners.

Marco's Pizza featured on 'Undercover Boss'

Marco's Pizza President and Chief Operating Officer Bryon Stephens appeared on the CBS show "Undercover Boss."

Urban Outfitters moves into food service with Pizzeria Vetri acquisition

Consumer demand for casual dining a big reason for retailer's move into pizza market.

Restaurant group wants feds to revamp proposed overtime policy proposal

The proposed new federal overtime rules are not sitting well with the National Council of Chain Restaurants.

Yum! Brands reports 2014, Q4 financial results

Yum! Brands Inc. reported full-year 2014 results and results for Q4 ended Dec. 27, 2014.

NTN Buzztime names new chief financial officer

Allen Wolff, among other responsibilities, will assume the principal accounting duties and report directly to CEO Ram Krishnan.

CiCi's Pizza hires Sonic exec as CFO

CiCi's Pizza has named Jim Lebs as its new chief financial officer Jim Lebs. According to a news release, Lebs has 20 years of experience and most recently served as VP – Supply Chain for Sonic Drive-In. He also served...

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