Fiesta Restaurant Group, parent of Taco Cabana and Pollo Tropical, announced that Jackie Swift-Kurkjian has joined the company as senior director of Off-Premise Consumption. In this role, she will lead the efforts to build the catering, online and delivery sales channels at Pollo Tropical and Taco Cabana. Her role will help the brands leverage new information systems, resources and people as part of Fiesta’s Strategic Renewal Plan.
Panda Express is returning the Honey Sesame Chicken Breast, a fan favorite, as a limited-time offer. The entree fill feature crispy chicken breast strips, string beans and yellow peppers, prepared in a sweet sesame sauce that is now made with organic honey... now returns with a mobile app and the slogan, “Honey, it’s back!” The Panda Express mobile app is also expected to be a guest favorite, allowing for interactive ordering process, group ordering, and multiple user selections from different phones
Popeyes will be entering the Philippines via a new master franchising agreement. The quick-service brand, owned by Restaurant Brands International (RBI), announced reaching a deal with Kuya J Holdings Group, which already operates 100 Kuya J Restaurant locations in the Philippines. The Kuya J Restaurant chain is best known for its crispy pata, kare-kare, caldereta, and halo-halo.
hake Shack reported its financial results for Q2 2018 in a company release and held an investor conference call August 2. Its total revenues, including licensing fees, increased to $116.3M, representing a 27.3 percent increase over the same quarter last year. Total operating store sales, including the impact of new stores, increased to $112.9M, a 28.3-percent increase from last year. Comparable store sales (“same-shack sales”) in Q2 increased 1.1 percent, compared to 1.8 percent decrease reported in the same period last year.
Off-premise food popularity was a top dining trend identified this year. As consumers look for more convenience, there is no shortage of chains wanting to bring the food to where the consumers are. For IHOP, the sales momentum it gained in its Q2 2018 quarter was not exclusively due to the initial lift... but also due to a focus on off-premise sales and operational execution. Through the Starbucks-Alibaba partnership, delivery will be launched in Beijing and Shanghai in September, expanding the program to 30 cities and more than 2,000 stores... enables the creation of “Starbucks Delivery Kitchens” within Hema supermarkets.
Restaurant Brands International (RBI), reported financial results for Popeyes for Q2 2018. RBI acquired Popeyes Louisiana Kitchen in an all-cash transaction for $1.8B in March 2017. Popeyes grew its sales to $937M, a 10.7-percent increase, compared to a 3.3-percent increase in the same period last year.
Dickey’s Barbecue Restaurants is adding its first location in Broomfield, Colo, a northwest suburb of Denver, this summer. A franchise agreement with Brandon Gerrick has made the first Broomfield restaurant possible. The Broomfield location will be the 10th location in the Greater Denver Area and will be located at 1221 East 1st Avenue.
Krispy Kreme announced taking a majority stake in Insomnia Cookies, a late-night cookie delivery company with 135 stores in the United States. Insomnia Cookies was launched in 2003 by Seth Berkowitz.. JAB Holding Company acquired Krispy Kreme for approximately $1.35B in 2016. Through Krispy Kreme’s investment, JAB is further extending its reach in bakery and coffee businesses in U.S. retail and foodservice
Here are the trends that appeared in our "2018 Food and Dining Trends Report" earlier this year that have staying power: Plant-based foods going mainstream; off-premise food poularity; local gives way to regional attribution; manifestation...overuse of term “local” dilutes meaning, significance, say experts regional global territories: “Southern Low Country, Ozarks, Appalachia, Cuba, India and the Middle East.”
Krispy Kreme Doughnuts will be releasing limited-time doughnuts at its retail outlets. The new “summer desserts” include the Strawberries & Kreme Doughnut and the Banana Pudding Doughnut, both available starting June 20. Freedom Ring Doughnut will feature the classic Original Krispy Kreme Glazed Doughnut decorated with red, white and blue to reflect an image of the American flag, available between June...