RestaurantNews.com Restaurant Week in Review
DineEquity, Inc. has reached an agreement to sell 63 Applebee’s Neighborhood Grill & Bar restaurants to Apple American Group for $32 million. The units are located in Minnesota and Wisconsin. Apple American, Applebee’s largest franchisee, currently owns and operates 206 Applebee’s restaurants.
Domino’s Pizza multi-store franchisee Pali Grewal won the company’s 2010 World’s Fastest Pizza Maker competition this week. Grewal hand-stretched and topped three large pizzas in just over 39 seconds.
With 700 locations in 10 states, Whataburger is closing in on its 60th anniversary. The company announced that it will celebrate the occasion on August 3rd by giving away a free Whataburger between 5 and 8 p.m. to every dine-in customer dressed in orange.
Burger King Corp. has announced that it will roll out a nutritionally-balanced kids meal for breakfast on Monday, July 26th. The breakfast meal will feature a new Kids Breakfast Muffin Sandwich, Fresh Apple Fries and calcium-fortified Minute Maid apple juice.
Carl’s Jr. has introduced the latest addition to its summer menu, the Hawaiian Grilled Chicken Salad. The new salad includes grilled and sliced chicken breast, grilled Dole pineapple, red onions and sliced cucumbers topped with an Asian sesame dressing.
Despite a 4.3% dip in revenues, Ruby Tuesday reported a $45.3 million bottom line for 2010 compared to 2009′s $17.9 million net loss. The company also reported this week that Dan Dillon has been named as Senior Vice President of Brand Development. Dillon’s last position was as Chief Marketing Officer with OSI Restaurant Partners, parent company of Outback Steakhouse.
On Wednesday, Frances Allen joined Denny’s Corporation as Chief Marketing Officer and Executive Vice President. She brings to the table extensive leadership experience with Sony Ericsson, Pepsi-Cola and Frito-Lay. In addition, she was Chief Marketing Officer for Dunkin’ Brands from 2007 to 2009 where she was named “Marketer of the Year” by BrandWeek Magazine.
Blimpie has rolled out its new healthy menu line called The Lighter Stuff. The new menu includes six items under 400 calories and six grams of fat. It features the Deli Trio Sub, the Asian Teriyaki Chicken Sub, the Veggie Salad Sub, the Turkey and Sweet & Spicy Mustard Sub, the Ham and Pepper Relish Sub and the Buffalo Chicken Salad.
McDonald’s global sales are up 15% for the second quarter ending June 30th, with new frozen beverages and the Dollar Menu driving U.S. sales. The company reports a net income of $1.23 billion.
With 1,000 restaurants now open, Chipotle Mexican Grill has reported second quarter revenues of $466.8 million, up 20.1% vs. last year. Net income rose to $46.5 million, a 31.3% increase. Chipotle opened 25 new restaurants during the quarter.
The Cheesecake Factory closed out its second quarter on June 29th and reports a 1.6% increase in revenue. Net income was $19.2 million vs. $16.6 million last year.
Celebrities and dignitaries joined McDonald’s over the weekend at the 2010 McDonald’s 365Black Awards, held in New Orleans. Honored at the event were Professor Henry Louis Gates Jr.; Lieutenant General Russel L. Honore, US Army (Ret); philanthropists Rodney Peete and Holly Robinson Peete; and National Black McDonald’s Operators Association CEO Rita Mack, a New-Jersey-based McDonald’s owner/operator for their achievements and contributions as African American community and business leaders.
McDonald’s presents its 2010 365Black Awards, continuing to recognize prominent African Americans who influence and inspire greatness among African Americans and all Americans.



