Top Chains Represent Over One-Third of U.K. Commercial Restaurant Sales
Foodservice industry consultant Technomic reports that in 2007, sales of the Leading 100 chain restaurants in the U.K. totaled £10.4 billion, representing 35 percent of all sales by British commercial restaurants. Leading 100 chain sales comprised nearly one-fourth of total U.K. foodservice sales of £43 billion in 2007. ...more
Papa Bello Sells Area Development Rights for Shanghai, China
Papa Bello Enterprises (Pink Sheets: PAPA) is pleased to announce the sale of area development rights for the city of Shanghai in the Peoples Republic of China to partners Mr. Zhiqing Ma and Mrs. Hsiao (Cathy) Endy. Under the terms of the agreement, a minimum growth of 60 units is contracted for the region....more
Burger King Corp. to Limit Sodium in Advertised Kids Meals
Burger King Corp. (NYSE:BKC) became the first quick service restaurant chain to announce that it is limiting sodium in all of its Kids Meals advertised to children under 12 years old. The initiative limits sodium to 600 milligrams or less, beginning with its current advertised Kids Meals, and is part of the corporation's BK Positive StepsSM commitment to help children eat and live better....more