Buffalo Wild Wings new president is Lyle Tick, a marketer, advertiser and merchandise executive with a deep repertoire across several retail brands and marketing agencies. Parent company Inspire Brands made the announcement… after the acquisition of Buffalo Wild Wings by Arby’s Restaurant Group, closely-held by Roark Capital at the time. 1,200-unit Buffalo Wild Wings and the Atlanta-based Inspire Brands executive team are looking for a big turnaround
Fans of the Carolina Panthers are winning big this football season with a Krispy Kreme Doughnuts promotion. The chain is offering guests in the Carolinas a dozen Original Glazed Doughnuts for $5.99 (coffee not included) the Monday after a Carolina win, representing a discount of about 25 percent. The Panthers win on September 9 against the Dallas Cowboys (16-8) sealed the first deal today for fans in South and North Carolina.
Sonic Drive-In has added a limited-time lineup of lighter-sized breakfast sandwiches to keep its customers on the move. The new Breakfast Slingers start at just $1.49 and 250 calories... Breakfast Slingers come in three options that are served on a buttery, brioche bun: egg and melted cheese and also either crispy bacon or savory sausage.
Bojangles’, a chain known for its all-day breakfast, chicken-centric menu and southern sides, reported having two new restaurants under construction in North Carolina, as it looks to bolster its presence in its home market. Additionally, Bojangles' is remodeling a store at 1064 Blowing Rock Road near the Boone Mall.
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.