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Restaurant

  • Starbucks shows perky performance in Q3

    Seattle – Starbucks Corp. reported impressive financial performance in the third quarter of fiscal 2015 that could be described as downright perky. Net income jumped 22% to $626.7 million from $512.6 million the same quarter a year earlier, with higher pretax earnings offsetting higher income tax charges to produce profit growth.  
  • Irvine expands dining options in Orange County

    Irvine, Calif. - Irvine Company Retail Properties is opening new restaurants across its Orange County portfolio in California, including Fashion Island, Irvine Spectrum Center, The Market Place, and several community centers.  

  • Ruby Tuesday appoints PepsiCo exec as marketing chief

    Maryville, Tenn. - Ruby Tuesday Inc. has appointed David Skena as chief marketing officer.

    During the past nine years, Skena progressed through PepsiCo Inc. with increasing levels of responsibility, most recently serving as the VP of premium and value brands.

    In the chief marketing officer role, Skena will be responsible for developing and implementing effective marketing strategies and initiatives to build brand awareness and customer loyalty through traditional media, digital and social channels, and other innovative platforms.

  • Belk plans Alabama flagship

    Charlotte, N.C. – Belk Inc. is expanding its presence in Alabama. The regional department store chain will open a new 237,000-sq.-ft. flagship store at The Shoppes at Bel Air in Mobile, Alabama.

    Belk will be taking the place of an existing Sears, and expanding on its existing presence at The Shoppes at Bel Air. This activity is taking place following recent Reuters reports that private equity firm Sycamore Partners may be preparing to bid up to $3.5 billion for Belk.

  • Weitzman lands Sub Zero in Houston

    Houston - Sub Zero Ice Cream & Yogurt has leased 1,200-sq.-ft. of retail space in Vintage Marketplace, a Whole Foods-anchored shopping center, for its first Houston location. Jacob Grossman with The Weitzman Group handled negotiations as exclusive tenant representative for Sub Zero.

    At Vintage Marketplace, Sub Zero joins a line-up that includes, in addition to Whole Foods, concepts including Verts, Orangetheory Fitness, Mod Pizza, Supercuts and several others.

  • Restaurant group doesn’t leave cards to chance

    Scottsdale, Ariz. – Kahala Brands isn’t taking chances when it comes to payment card security. The restaurant franchisor group is naming Cybera as an authorized provider of payment card security to all 2,600 of Kahala Brands' store locations.

  • Melting Pot takes on the world

    Tampa, Fla. – The U.S. is known as a melting pot, and now a major U.S. casual dining chain wants to turn the world into a melting pot of consumers of its food. The Melting Pot Restaurants Inc. has partnered with commercial real estate advisory firm Newmark Grubb Knight Frank (NGKF) to support a long-term domestic and international expansion strategy.

  • Johnny Rockets goes to school

    Aliso Viejo, Calif. – Count Johnny Rockets among those looking forward to starting college later this year. Johnny Rockets is launching a further expansion into college and university campuses through its Express prototype.

    Johnny Rockets Express, a quick-service prototype aimed at universities, airports, malls and other entertainment destinations, offers flexible floor plans with options ranging from a 150-sq.-ft., free-standing kiosk to a 1,100-sq.-ft. restaurant.

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