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Restaurant

  • Subway opens 8,000th non-traditional location

    Milford, Conn. — The Subway restaurant chain announced that a franchisee in Toledo, Ohio, has opened the brand's 8,000th non-traditional location— in a two million-sq.-ft. automobile assembly facility that produces Jeep and Chrysler vehicles.

  • Readers Speak Out: Is the growth of the burger category short-lived?

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  • NRF joins restaurant group in support of legislation to protect small businesses

    WASHINGTON— The National Retail Federation has joined the National Restaurant Association in support of legislation that would require federal agencies to consider the impact on small businesses when establishing rules and regulations.

    “This legislation would strengthen the protections for small businesses in the often-asphyxiating federal regulatory process,” the two organizations said in a letter to House Small Business Committee Chairman Sam Graves, R-Mo., and Ranking Member Nydia Velazquez, D-N.Y.

  • NCR expands platform with POS acquisition

    DULUTH, Ga. — NCR Corporation announced that it will acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed host service solutions to the hospitality and specialty retail  markets, through a cash tender offer of $28 per Radiant Systems share. The equity purchase price of $1.2 billion has been approved by  the boards of directors of each company. NCR and Radiant Systems currently anticipate the transaction will close during the third quarter of 2011, subject to regulatory approval.

  • Qdoba opens California location

    Denver -- Qdoba Mexican Grill announced Friday that it has opened a new location at Janss Marketplace, located in Thousand Oaks, Calif.

    This is the first Qdoba location in Thousand Oaks, and the 12th location in Southern California for the chain.
     

  • Dunkin’ sets IPO price range

    New York City -- Dunkin’ Brands Group is seeking to raise as much as $460.6 million in its initial public offering, 15% more than the company planned in May, Bloomberg reported.

    Dunkin’ Brands is offering 22.3 million shares for $16 to $18 each, the chain said in a filing with the U.S. Securities and Exchange Commission today. The company may sell an additional 3.33 million shares, given sufficient demand.

  • NCR acquiring Radiant Systems

    Duluth, Ga. -- NCR Corp. will acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed hosted service solutions to the hospitality and specialty retail markets, through a cash tender offer of $28.00 per Radiant Systems share. The equity purchase price of $1.2 billion has been approved by the boards of directors of each company.

    It is expected the transaction will close during third quarter 2011, subject to regulatory approval.

  • McDonald’s Canada rolls out MasterCard’s PayPass contactless payment technology

    Toronto -- McDonald's Restaurants of Canada Limited and MasterCard Canada have introduced the MasterCard PayPass contactless payment technology at participating restaurant locations throughout the country.

    PayPass point-of-sale payment terminals have been installed at more than 1,400 McDonald's restaurants in Canada, giving patrons the option to tap-and-go when making purchases.

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