McDonald's Corp. (MCD - Analyst Report) posted global comparable sales growth of 6.5% in October, on the heels of strong sales of beverage as well as core menu products. Comparable sales growth stepped up from 3.3% recorded in October 2009.
Barring Europe, the fast-food restaurant operator witnessed an uptrend across its domestic and international markets on a year-over-year basis. Geographically, however, Europe was the major contributor to the month’s growth followed by United States and the Asia/Pacific, Middle East and Africa (APMEA) region.
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Tuesday, November 9, 2010
Arizona restaurant offers free meals to customers who weigh over 350 pounds
The helplessly irresponsible purveyor in question, the Heart Attack Grill in Chandler Ariz., has even enlisted the services of a 600 pound man to serve as its spokesperson in a YouTube commercial entitled “The Heart Attack Grill Diet Program.”
According to The Arizona Republic, the larger than life star of the ad, Blair River, is earning 100 smackers per hour to help promote the restaurant’s campaign—hopefully that money is being stashed away for his impending medical procedures.
The wannabe viral video shows River with a pair of normal sized khakis tossed over his right shoulder underscored by a prominent graphic revealing the man’s scale shattering weight of 570 pounds.
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Pizza Inn, Inc. Reports Results for First Quarter Fiscal Year 2011
THE COLONY, Texas, Nov 9, 2010 (GlobeNewswire via COMTEX) -- Pizza Inn, Inc. /quotes/comstock/15*!pzzi/quotes/nls/pzzi (PZZI 2.00, +0.02, +1.01%) today reported net income of $0.1 million, or $0.02 per share, for the fiscal quarter ended September 26, 2010, versus net income of $0.4 million, or $0.05 per share, for the same quarter of the prior fiscal year. Total revenue for the first fiscal quarter of 2011 increased 6.3%, to $10.6 million from $10.0 million in the same period of fiscal 2010.
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Gunmen open fire at Brooklyn Chinese restaurant, one killed, one wounded
Two gunmen burst into a Chinese takeout joint in Brooklyn Monday and started blasting, killing one customer and wounding another, cops said.
The victims, both 20-year-old men, were in the Wien Far Kitchen in Flatbush when the bullets started flying just after 11:30 p.m., police said.
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The victims, both 20-year-old men, were in the Wien Far Kitchen in Flatbush when the bullets started flying just after 11:30 p.m., police said.
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Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter of 2010
SYRACUSE, N.Y., Nov 09, 2010 (BUSINESS WIRE) -- Carrols Restaurant Group, Inc. /quotes/comstock/15*!tast/quotes/nls/tast (TAST 7.07, +0.04, +0.57%) , the parent company of Carrols Corporation, today announced financial results for the third quarter ended October 3, 2010.
Highlights for the third quarter of 2010 versus the third quarter of 2009 include: Net income of $4.6 million, or $0.21 per diluted share (including a pre-tax insurance gain of $0.4 million, or $0.01 per diluted share after tax), compared to net income of $5.6 million, or $0.26 per diluted share (including a pre-tax gain on the sale of excess property of $0.2 million, or $0.01 per diluted share after tax); Total revenues increased to $201.6 million from $201.2 million, with a 4.0% increase in revenues for the Company's Hispanic Brands; and Comparable restaurant sales increased 8.8% at Pollo Tropical(R), increased 1.0% at Taco Cabana(R) and decreased 3.2% at Burger King(R);
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Hilton hotel 'avoided employing black staff where they would be visible to public'
One of the Hilton Hotel chain’s most exclusive residences avoided employing black staff in jobs where they would be “visible to the public”, an employment tribunal heard yesterday.
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Jamaican-born Juliette Giscombe accused managers at the Hilton on Park Lane in Mayfair, London, of racial discrimination after she was repeatedly refused promotion.
The 57-year-old, who is the mother of comedian Richard Blackwood, claimed that black people were not allowed to work in front-of-house positions.
She alleged that she was forced out of her job last year at the five-star hotel after 10 years of being “unable to progress” from a telephonist position.
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Marriott to convert London's historic Berners Hotel into Edition
Following on the heels of a successful launch of its first Edition hotel in Hawaii, Marriott International announced it would turn the historic Berners Hotel in London into The London Edition.
The 175-year-old Berners has been closed since 2006, and now Marriott plans to take it over for London travelers. The boutique Edition brand was conceived by iconic hotel designer Ian Schrager in partnership with Marriott, and Shrager brings his eye for detail to the London hotel scene with the opening of the London Edition
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The 175-year-old Berners has been closed since 2006, and now Marriott plans to take it over for London travelers. The boutique Edition brand was conceived by iconic hotel designer Ian Schrager in partnership with Marriott, and Shrager brings his eye for detail to the London hotel scene with the opening of the London Edition
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IHG plans to build 37 new UK hotels
Intercontinental hotel Group (IHG) plans to open 37 new hotels across the UK, creating 3,000 jobs, as part of a £500m investment. The centrepiece will be an IHG hotel in Westminster, due to open in December 2011, as well as two hotels in the Olympic Village in 2012. There will also be new hotels in Newcastle Upon Tyne, Colchester, Manchester, Birmingham and Glasgow.
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Hotel workers file complaints against Hyatt
CHICAGO, Nov 9 (Reuters) - Union-represented housekeepers filed injury complaints against Hyatt Hotels Corp (H.N) properties in eight U.S. cities on Tuesday, but the company said the filing was a union ploy to gain leverage and members.
The 12 filings with the U.S. Occupational Safety and Health Administration asked for an investigation into what the union, Unite Here, said were high rates of injuries among overworked housekeepers at Hyatt properties."Unite Here is making false charges about our work environment in hotels where we are currently trying to negotiate new union contracts," Robb Webb, Hyatt's chief human resources officer, said in a statement.
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Landry's buys Bubba Gump dining chain
On Monday, Landry's Restaurants announced it acquired Bubba Gump Shrimp Co., a 32-unit casual dining seafood chain.
It is the second acquisition for Landry's since the company went private last month. Also in October, Landry's bought the 40-unit Irvine, Cal.-based Claim Jumper Restaurants.
Houston-based Landry's paid $120 million for the Bubba Gump chain, which previously had been owned by a private equity group, Landry's CEO Tilman Fertitta said.
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It is the second acquisition for Landry's since the company went private last month. Also in October, Landry's bought the 40-unit Irvine, Cal.-based Claim Jumper Restaurants.
Houston-based Landry's paid $120 million for the Bubba Gump chain, which previously had been owned by a private equity group, Landry's CEO Tilman Fertitta said.
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Hilton to address disabilities access at U.S. hotels
Hilton Worldwide Inc agreed to settle charges that it violated requirements that its hotels be accessible to people with disabilities and agreed to bring them into compliance, the U.S. Department of Justice said on Tuesday.
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