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  • Dunkin' pledges $1M to CIA
    Dunkin’ Brands Inc., parent of the Dunkin’ Donuts and Baskin-Robbins quick-service chains, Wednesday pledged $1 million to become a founding donor of the Culinary Institute of America’s “El Sueno,” or The Dream, initiative. The donation, which will be paid over five years beginning in 2009, will support the construction of baking and pastry kitchens at the college’s main campus in Hyde Park, N.Y., and new campus in San Antonio. The CIA has set a goal of elevating the profile of Latin American food.

  • Jamba to slow openings, cut jobs
    Jamba Inc., operator or franchisor of 726 Jamba Juice locations, said late Thursday that it would close 10 underperforming stores and terminate the leases on seven planned openings. The smoothie specialist also said it would eliminate 53 positions within its corporate support functions.

  • Ga. legalizes weapons possession in all restaurants
    Despite the objections of Georgia’s restaurant industry, Gov. Sonny Perdue signed a bill into law Wednesday that allows residents with concealed-weapons permits to bring their guns into restaurants that serve alcohol.

  • Baltimore health department proposes 'Clean Crab' award
    Health officials here have proposed a new award honoring the city’s most sanitary dining establishments, and it has the local restaurant industry feeling, well, a little bit crabby.

  • Raising Cane's gets $29.5M for growth
    Raising Cane’s Inc., which has more than 60 chicken-finger restaurants in 13 states, recently completed a $29.5 million financing deal with GE Capital Solutions-Franchise Finance.

  • Foie gras ban overturned in Chicago
    The Chicago City Council on Wednesday repealed its ban on the sale of foie gras at restaurants and elsewhere in the city. By a vote of 37-6, the council overturned the ban, which had received worldwide ridicule in food circles.

  • Taco Bell rings in new value menu
    Taking aim at the 99-cent double cheeseburgers offered by quick-service competitors, Taco Bell today launched a new value menu of 10 items priced between 79 cents and 99 cents.

  • Jack in the Box fails to dodge the slowdown
    Jack in the Box Inc. reported Wednesday a 3-percent drop in its second quarter profit and cited the same challenges plaguing almost all restaurant companies: higher costs and slowing sales.

  • Puck sues another Wolfgang over steakhouse name
    Celebrity chef Wolfgang Puck has sued New York-based restaurateur Wolfgang Zwiener for trademark infringement after Zwiener opened a Wolfgang’s Steakhouse earlier this month near Puck’s Beverly Hills steak place, Cut, and famed Spago restaurant.

  • O'Charley's lowers outlook after tough 1st-Q
    O’Charley’s Inc., operator or franchisor of 364 restaurants under three brands, posted a 34-percent jump in its first-quarter profit as a large income tax benefit and reduced operating costs offset the company’s stalled sales.

Copyright Restaurant Confidential, 2007, 2008 A magazine from Restreview.com