March 26, 2015
Starbucks Aims High(er) with Nimble Development Strategies
On March 18, 2015, Starbucks Corporation kicked off its annual shareholder meeting with company leaders outlining key strategies the coffee giant is deploying to reach a targeted market cap of $100 billion.
Restaurant Development Pros on the Move
Companies with personnel news include Farmer Boys, Pizza Patron, Red Robin Gourmet Burgers and Englewood Construction.
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James Beard Foundation Announces Outstanding Restaurant Design Award Nominees
At a breakfast hosted this week at the James Beard House in New York City, nominees for the Foundation’s 2015 Outstanding Restaurant Design Awards were announced, along with those in 58 other award categories. Winners will be announced at the James Beard Foundation Awards Ceremony and Gala Reception on May 4 at the Lyric Opera of Chicago.
Restaurant Development Report
Restaurant companies expanding their enterprises include Red Robin’s Burger Works, The Melting Pot and McAlisters. And mergers and acquisitions heat up with Ovation Brands exploring a possible sale, American Restaurant Holdings buying two fast-casual California concepts and Del Taco and Levy Acquisition Corp. taking the next steps in their deal.
Gerber Group’s Irvington Touts Market-to-Table Aesthetic
On Tuesday, New York multiconcept operator Gerber Group opened Irvington, a “New American,” Mediterranean-influenced bar and restaurant, on the street level of the W Hotel New York – Union Square. Both on its menu and through its design aesthetic, the operation highlights a strong connection to locally sourced ingredients from the neighboring Union Square Greenmarket and rotisserie-roasted meats.
NRA Celebrates Women’s History Month, Industry Contributions
March is Women’s History Month and, to help celebrate, the National Restaurant Association (NRA) has worked to highlight the contributions of the many women who have achieved success in restaurants and contributed to the industry’s economic leadership position.
Whisky Tango Foxtrot a Hipster Ode to Denver’s Past
In late January, Denver’s Tavern Hospitality Group raised the curtain on its newest concept, Whisky Tango Foxtrot (WTF). A neighborhood gathering place in the up-and-coming Prospect Park area, the operation was designed by Colorado architecture firm Arch11 as an ode to Denver’s pre-Prohibition watering holes, but with decidedly modern twists. |
