Sentences with phrase «company opening restaurants»

«There's been an oversupply for 10 years in our industry,» he said, explaining that when the company opens a restaurant today it's not creating new sales in the marketplace but stealing share from another restaurant.

Not exact matches

Previously, same - store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, and the base stores changed on a rolling basis from month to month.
When Chick - fil - A opens a new restaurant, the company reaches out to its core fan base to invite them to a free pre-opening meal.
The casual dining chain's parent company Dine Brands Global (din) said on Tuesday it would close as many as 80 Applebee's restaurants this year on top of the nearly 100 it shuttered last year, while opening between 10 and 15 as it looks to improve the restaurant's fortunes.
By analyzing data and employing A / B testing to decipher, for example, how its opening in Miami differed from its opening in Atlanta, the company quickly identified key indicators that a market was a good fit, namely cities with «significant population density, restaurant density... and a high percentage of independent restaurants,» says Zabusky.
Today, Chipotle has only 17 restaurants overseas, with plans to open more company - owned stores internationally in the coming year.
It should also spell out which holidays the company observes, including which holidays the company closes for and, if the company is a restaurant or other business that stays open on holidays, how employees will be compensated for working the holiday.
Sales at stores open for at least one year fell in the third quarter by 2.3 % at company - owned restaurants.
The company said Wednesday it remains on track to open 700 new restaurants in China.
Second quarter sales at Panera's company - owned cafes rose 4.2 % on a comparable basis, a metric that indicates a restaurant's health by excluding any gains from new store openings.
The company says it is still in «the very nascent stage of our story,» with only 31 domestic company - operated and five domestic licensed locations across 10 U.S. states and Washington, D.C. Shake Shack believes it can eventually open «at least 450» Shacks by opening new restaurants in existing and new markets.
The first Papa John's restaurant opened in 1985, and the company began franchising in 1986.
The company also said it outpaced the casual dining industry during the third quarter and plans to open another three restaurants during the remainder of the fourth quarter.
It's not often that a packaged food brand opens a restaurant, but that's exactly what the 138 - year - old Barilla company is doing.
The company, however, isn't accepting any individual franchisees; it's looking only for franchisee groups that can open multiple restaurants in any given territory.
In 2014, Shake Shack opened 10 new company - operated U.S. locations and a dozen new international licensed restaurants.
The company announced Tuesday it will open up a pop - up restaurant, the Spotted Cheetah, in the trendy Tribeca area for three days only from Aug. 15 to 17.
When the chain denied him the right to open an antebellum - themed restaurant selling Original Recipe chicken, Sanders sued the company for $ 122 million.
The company said yesterday it's also unveiling a technology that will send users automatic recommendations when they visit a new restaurant or neighborhood, without having to open the application.
At home, the company's annual same - store sales growth in Canada — a measure of the performance of restaurants open for more than a year — have slipped from a high of six per cent in the mid-2000s to little more than one per cent last year.
It's kind of crazy that this year as now a 21 - year - old company with nearly 1,800 restaurants and average volumes of $ 2.4 million, Comparable sales per restaurant we just now delivered our highest comp 19.8 percent gain (in revenue at restaurants open more than a year) as a public company.
In 2015, the company opened about 35 new restaurants.
But, compared to opening your own restaurant, the overhead costs of starting and running a catering company are much more manageable.
The company plans to open 32 to 35 new restaurants in the US, it said, as well as 16 to 18 licensed Shacks internationally as it ramps up to its target of 450 by the end of 2020.
New Bennigan's franchised restaurants opened in Melbourne, Fla., and Obarrio, Panama, while Panama City, Fla., welcomed a new company - owned location in July.
When it opened a location in Medford, Mass., in 2006, for example, the company intentionally made the restaurant smaller, which allowed employees to move around faster and serve customers more quickly.
In its newest restaurant, the company also opened a private dining room that can hold meetings for up to 30 people.
This year, the Rosemead, Calif. - based company plans to open more than 100 new restaurants, some of which will be outside U.S. borders, says Robert Lustig, senior vice president of Panda Express International.
As such, it was a natural spot for the company's newest full - service restaurant, which opened in October 2016 in Gurnee, Ill..
Two Brothers Brewing's restaurants have become a fairly significant part of the business, Ebel notes, which is why in September the company opened a fourth location in Naperville, Ill..
The company targets new growth areas in San Antonio and will continue to open more restaurants as the market dictates.
A longtime veteran of the restaurant industry, Sanders founded the company in 1973 when he opened one of the first Long John Silver's franchises.
The company, which typically opens 10 restaurants annually, intends to open its 200th location before its official anniversary date Dec. 21.
In addition to restaurants, the company has partnered with hospitals and libraries and is looking to open kiosks in airports, as well.
From there, Chef Darryl went on to open Bridge Seafood, various other small restaurants, and also ran a catering company.
That same year, the company opened its first restaurant, the Mediterranean Grill.
The company is also working with Stonies Bread Company, a well - known restaurant in Oakville, Ontario, on its first expansion with a second store openincompany is also working with Stonies Bread Company, a well - known restaurant in Oakville, Ontario, on its first expansion with a second store openinCompany, a well - known restaurant in Oakville, Ontario, on its first expansion with a second store opening soon.
When the company's founder Billy Downs, whose initials are a part of the company's name, opened his first restaurant in Royal Oak, a suburb of Detroit, philanthropy was a part of his business model.
The company recently opened a new location in Pittsburgh, and Humphries says another new restaurant is under construction in Denver.
The company is constructing a Chinese restaurant in Hollywood that will open this spring.
The company's newest concept, Vaucluse, opened at the end of August and is Fakahany and White's first new restaurant since 2013.
Following the opening of that location, the company has plans to open restaurants in Arizona and Virginia.
«Throughout that period, there were occasions when managers and chefs left the company in good standing to open their own restaurant and wanted to receive some of the benefits Ark offered its own restaurants
Today, the company has a second location in Studio City, Calif., with a third restaurant in Woodland Hills, Calif., due to open in mid-November and plans to open more, Zuckerman says.
The company's history began with the opening of a restaurant, the Kahiki Supper Club, in 1961, in Columbus, Ohio.
The company followed that up with the opening of Tamura's Tavern, a sit - down poke restaurant located only a few feet from The Row Bar.
The company's connection to the community became even stronger this past January, when Ipswich Ale Brewery opened its new brewery and restaurant location.
The company's first restaurant opened in 1969 as Mr. D's Seafood and Hamburgers in Donelson, Tenn..
The company's goal was to open five restaurants in two years within a 20 - mile radius of Orlando.
Since opening its first restaurant in 1978, Asen notes, Prawnbroker Restaurant Group has had good managers and employees who have been with the Myers, Fla. - based company for many years.
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