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Burger King has revenues of $645.4m for the second quarter of 2010, an increase of 2% compared to $634.1m for the same quarter previous year. Revenues were aided by a worldwide net restaurant growth rate of 2.7%, which positively impacted quarterly revenues by $22.8m.
Nash Finch, a food distribution company, has promoted Christopher Brown to president and chief operating officer of Nash Finch Wholesale. Mr Brown will remain an executive vice president of Nash Finch and continue to report to Alec Covington, president and chief executive officer of the company.
Dunkin' Donuts, a coffee and baked goods chain, has signed a multi-unit store development agreement with Roadrunner Markets for seven new restaurants in Tri-Cities, Tennessee and the surrounding areas of Northeast Tennessee and Southwest Virginia.
Smashburger, a fast-casual restaurant concept, will open its second Dayton location on February 24 at 1200 Brown Street near the University of Dayton. The restaurant along with a local franchisee group Rodenkirch Management is currently scheduled to open 12 restaurants in the Dayton and Cincinnati region over the next few years. Another 30 to 60 openings are scheduled for this year nationwide.
Jamba, a holding company and owner of Jamba Juice, has sold eight restaurants in California to Swirl Partners, whose principals are David Wagonfeld and Scott Maltz. This sale is a part of the company’s strategic refranchising program and builds on the sale of 27 restaurants in 2009 to existing Jamba Juice franchise owners in Arizona, Oregon, and California.
Pollo Campero, an international Latin chicken quick-service restaurant chain, has entered into partnership with franchisee Levy Campero to deliver a new restaurant concept in Downtown Disney Marketplace at Walt Disney World Resort. The restaurant will feature Pollo Campero’s Latin chicken, and also a new restaurant concept featuring health food.
Morton's Restaurant Group, an operator of company-owned steakhouses, has appointed Christopher Artinian as president and CEO and director, with immediate effect. Mr Artinian replaces Thomas Baldwin, who has resigned from his position as president, chief executive officer and chairman of the company's board of directors.
Zoes Kitchen, a fast-casual restaurant chain, has entered into a new agreement with Radiant Systems (Radiant) to install the Aloha Enterprise system along with Radiant hardware in all of its current restaurant locations and also future site openings.
Winn-Dixie Stores, a food retailer, headquartered in Florida, has opened its grocery store in Covington. The company said that 55,000sqftsupermarket features farmer’s market featuring fresh produce from local growers.
The Council of State Restaurant Associations (CSRA), an industry organization comprised of state restaurant associations in the US, has entered into a in a strategic partnership with National Restaurant Association, 40 state restaurant associations and Heartland Payment Systems (Heartland) to bring better business services to restaurateurs nationwide.
Sysco has reported operating income of $462m for the second quarter of fiscal 2009, an increase of 9.6% compared to $422m for the previous year quarter. Sales for the quarter was $8.9bn, an decrease of 3.1% compared to $9.1bn for the same quarter previous year.
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