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Franchise Agreements Propel Growth Stateside PDF Print E-mail
Wednesday, 01 September 2010 09:45

CHICAGO — New franchise agreements remain the cornerstone of growth at American restaurant chains, according to a new report from Technomic, a Chicago-based research and consulting firm.

In light of the recent recession, franchisees have benefited from franchisor incentives like better credit support, fee reductions and temporarily reduced royalty rates.

“A focus on growing the franchise system allows franchisors to spend less on restaurant-level operations and redirect capital toward system-wide marketing and brand initiatives,” explains Darren Tristano, executive vice-president at Technomic.

 
Loca-Cola PDF Print E-mail
Tuesday, 31 August 2010 12:29

CHICAGO — Icheerycolamarriottf you try and pinpoint the opposite of the slow-food movement, with its simmering anti-industrialized food attitudes, you might settle on cola, as public enemy number 1. But it wasn’t always the mass-produced item it is today. And now, Harvest restaurant, at the Chicago Marriott Downtown Magnificent Mile, is bringing back the old-fashioned soda-shop feel with its house-made cherry cola.

Harvest produces its cola from farm-fresh Michigan cherries cooked down to create that familiar sweet flavour. The Chicago Marriott culinary team works alongside Ron Filbert, who owns Filberts Root Beer Co., to combine carbonated water, sugar, natural cola flavour and other simple ingredients to make fresh local cherry cola.

 
McD’s Names Company Vet to New Position PDF Print E-mail
Tuesday, 24 August 2010 11:42

fyi_mcdonalds1OAK BROOK, Ill. — McDonald's has named Steve Easterbrook, current president and CEO of McDonald's United Kingdom and president of Europe's Northern Division, to the newly created position of executive vice-president and global chief brand officer.

According to a company release, the position was designed to encompass marketing, menu innovation, consumer insights and other global brand assets. Easterbrook will also provide strategic leadership on corporate social responsibility and restaurant architecture.

 
Kid’s Meal Toys to Be Banned in San Fran? PDF Print E-mail
Tuesday, 24 August 2010 11:37

fyi_franchise9SAN FRANCISCO — Giving away free toys or other incentives with meals marketed toward children could be banned in San Francisco under a new draft ordinance drawn up by San Francisco supervisor Eric Mar and two of his colleagues earlier this month.

“This legislation is aimed at promoting healthy eating habits and to address issues related to childhood obesity,” reads the proposal that also stipulates that kid’s meals should include a half-cup of fruit and three-quarters of a cup of vegetables. “Fast-food restaurants target children and youth by offering toys and other incentive items. The Healthy Meal Incentive legislation would encourage restaurants to provide healthier meal options.”

 
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