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2008-10-20 Restaurant Industry News Highlights

Features

Principles for success - Understanding the Value and Power of Breakfast Part 2 of 2 - By John Hogan
As the industry continues to both mature in some products and refine itself in others over the last generation, many properties of all product segments have elected to offer breakfast as part of their service. The common practice of offering breakfast, unfortunately, increases the danger of it becoming a commodity rather than a unique experience. ...more

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Trends

Four Key Questions Candidates Should Ask Potential Employers - By Jim Houran & Whitney Harper
Employer-employee compatibility must be a two-way street for an appointment to be successful over the long-term. To gauge compatibility, candidates should ask potential employers four critical questions during a selection process. ...more

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Development

Former Bojangles' Management Team Acquires Qdoba Mexican Grill Franchises
QCarolina Restaurants LLC, led by former Bojangles' CEO Joe Drury, announces the acquisition of Qdoba Mexican Grill restaurants which currently operates 16 restaurants in North Carolina and 2 in Tennessee. ...more

Landry's Restaurants, Inc.'s Board Approves Amendment to Merger Agreement with Tilman J. Fertitta
Landry's Restaurants, Inc. (NYSE:LNY) announced that it has entered into an amendment to the merger agreement previously entered into with Fertitta Holdings, Inc. ("Fertitta"), a newly formed holding company, wholly-owned by Tilman J. Fertitta, the Chairman, Chief Executive Officer and President of the Company, whereby Fertitta agreed to acquire all of the outstanding common stock of the Company. ...more

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Financial

Sonic Reports Fiscal 2008 Results
Completes 22nd Consecutive Year of Positive Same-Store Sales Growth ...more

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Openings

WingStreet to Make Detroit Debut
Wing Concept from Pizza Hut to Offer Free Wings in Celebration of Expansion ...more

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Other

My Dream Hotel? - By Harry Nobles
In July 2005 we published an article entitled 'Our Dream Hotel' in partial response to an oft asked question about the hotel we would design if given free rein and an unlimited budget. Another frequent question is about our 'favorite' hotel. I have always been reluctant to choose one of the thousands of properties I have been privileged to visit during the last 25 years. ...more

Rubio's Restaurants, Inc. Confirms Receipt of Unsolicited Letter of Interest
Rubio's(R) Restaurants, Inc. (NASDAQ:RUBO) announced that it has received an unsolicited letter, dated October 15, 2008, from Kelly Capital expressing an interest in acquiring all of the outstanding common stock of the Company for $5.00 per share. ...more

William Marler: Vermont Recall Part of Dangerous Trend
The E. coli illnesses of ten Vermont residents have been traced to tainted beef from the Vermont Livestock, Slaughter, and Processing Company in Ferrisburgh. The USDA has recalled 2,758 pounds of ground beef from the company, and has put out warnings for consumers. ...more

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 .  Development : 2 new
 .  Features : 1 new
 .  Financial : 1 new
 .  Openings : 1 new
 .  Other : 3 new
 .  Trends : 1 new

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