Cava has completed the acquisition of Zoe's Kitchen, according to an announcement from Cava November 21. Zoe’s shareholders received $12.75 per share in the all-cash transaction. Panera Founder Ron Shaich had backed the deal, which was funded by his Act II Holdings investment... SWaN & Legend Venture Partners and Revolution Growth.
The Cheesecake Factory has opened a new restaurant in Temecula, Calif. The new location, located at 40820 Winchester Road, Suite 2980, has upscale features, including limestone floors, custom wood coumns, hand-painted murals and modern lighting. As part of The Cheesecake Factory system, the restaurant will benefit from an expansive menu selection of over 250 items.
Yum Brands will be hosting its 2018 Investor and Analyst Day at the New York Stock Exchange on December 5, 2018. The company reported third quarter comparable sales of 5 percent system-wide, consisting of a 8-percent increase at Taco Bell, 7-percent increase at KFC and a less than one-percent decline at Pizza Hut. The event will be webcast live and can be accessed through the Yum! Brands website.
Food and beverage trends are usually based on more than just flavor profiles. What becomes popular is often based on the mood of the market. The attitude of the consumer is decided by the perceived strength of the economy, collective fears and anxiety, or other often hard to predict factors. On the topic of predicting up-and-comers, top forensic trendologist, Suzy Badaracco, president of Culinary Tides, explains that consumers are not feeling particularly grounded or confident... 2019 food trends
Whole Foods Market’s global buyers and experts revealed their food-trend predictions for 2019 in their fourth annual trends predictions announcement. The following are Whole Food's 2019 food trends: Pacific Rim flavors, shelf-stable probiotics, phat eats, next-level hemp, faux-meat snacks, eco-conscious packaging, trailblazing frozen treats, marine munchies, beyond seaweed, snack time, upgrade, purchases that empower.
tbelly Sandwich Shop announced the arrival of the Turducken Sandwich. The sandwich has hit the press hard due to the perception of its uniqueness and excess. The Washington Post’s Tim Carman, a food writer and Cheap Eats critic ate the sandwich twice and offered up his own review on the experience... features a delicious combination of turkey, duck and chicken toasted with cornbread stuffing and topped with a cranberry-honey sauce, mayo, lettuce, cheddar cheese, tomato and seasoning
The new Cinnamon Swirl Doughnut features decadent cream cheese glaze, cinnamon icing swirl Krispy Kreme has introduced a new Cinnamon Swirl Doughnut November 13. The new Cinnamon Swirl creation is […]