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NRNam Thursday edition from Nation's Restaurant News

January 28, 2010 Subscribe to NRN a.m.   Forward to a colleague   Social Network Share on Facebook Share on Twitter Share on LinkedIn Share on Other Social Networks

TODAY'S HEADLINES
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Bush Brother

Convenience still important to consumers

While “value” may be the buzzword of the year for cash-strapped consumers and the restaurants that serve them, two reports released Wednesday indicated that convenience is another factor nearly as important for many adults making food choices. Read more...

Restaurants reboot at reality-show speed

In a time when every dollar counts, operators are moving rapidly when opening new restaurants or rebranding their existing ones. The New York Times

Chili's launches revamped menu

Street tacos in mini-corn tortillas, a southwestern chicken wrap and pulled pork sandwiches are among the new items at Chili’s Grill & Bar, which has completed a three-phase rollout of its new smaller menu. Read more…

O’Charley’s closes $45M credit facility

O’Charley’s Inc. said Wednesday it has amended its revolving credit facility that was set to expire next year, reducing the amount to $45 million, extending its maturity and changing covenants for additional flexibility. Read more…

Einstein Bros. gives away bagels on Facebook

In the two and a half days since it began a bagel giveaway on Facebook.com, Einstein Bros. Bagels has increased its “fan” following at that social networking website by nearly 70 fold, potentially laying the groundwork for new-customer trial on a massive scale, officials said. Read more...
 

For up-to-the-minute news, visit NRN.com.

 

 
Bush Brother
 



NEWS PICKS
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Tamaya

Haitian eatery serves up taste of hope amid despair

Muncheez, a pizza restaurant located on the outskirts of Port-au-Prince, has been giving out free food since the day after the massive earthquake in Haiti. NPR

Super Bowl Sunday can be a score or a sack for restaurants

While Super Bowl Sunday is a moneymaker for sports bars, restaurants without a wall of flat-screen TVs may see sales suffer during the big game.
The Sacramento Bee

Fast-food eateries from afar debut in Vancouver

Chains from New Zealand, Taiwan and Turkey are testing the Canadian appetite for their pizza, beef noodle soup and baked potatoes. The Globe and Mail

Spain's elBulli restaurant to close for 2 years

Ferran Adria said he would close his restaurant, elBulli, in 2012 and 2013 while he works on new menu ideas. Considered one of the world's top restaurants, elBulli has served as the showcase for Adria's experiments in molecular gastronomy. BusinessWeek

Michael's Genuine Food & Drink to open second location

Chef Michael Schwartz is planning to open a second outpost of his popular Miami fine-dining restaurant in Grand Cayman. Miami Herald


 

 
Tamaya
 



DAILY MARKET MONITOR
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Franchise Focus

 
TOP
GAINERS
WED. CLOSE % CHANGE
 
Morton’s $3.97 +6.01%
Krispy Kreme 2.83 +5.60
Famous Dave’s 6.50 +4.50
Landry’s Restaurants 21.54 +3.76
Ruth’s Hospitality 2.88 +3.23
     
BIGGEST
DECLINERS
WED. CLOSE % CHANGE
 
Mexican Restaurants $2.20 -6.38%
J. Alexander’s 3.36 -4.00
Star Buffet 3.14 -2.01
Brinker International 16.56 -1.60
Cheesecake Factory 20.94 -1.41
     
MARKET
SNAPSHOT
WED. CLOSE % CHANGE
 
NRN Stock Index 1,253.08 +0.07%
Dow Jones 10,236.16 +0.41
NYSE 7,035.61 +0.10
NASDAQ 2,221.41 +0.80
S&P 500 1,097.50 +0.49
     
Reflects stocks trading above $1. For real-time data on all restaurant stocks, go to NRN's Market Monitor

 
Franchise Focus
 


COMMUNITY
Sponsored by
Australian Lamb

Industry to honor Jefferson Evans

On Feb. 11, the national leaders in culinary and foodservice education — Johnson & Wales University and the Culinary Institute of America – will partner with the Black Culinary Alliance's first student chapter to honor Jefferson Evans, the first black graduate of the CIA, class of 1947. Read more...


Australian Lamb
 


FEATURED JOBS
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