The restaurant industry has been a brutal place to hang your hat for a number of years now. This summer, however, we saw a number of big players do some major downsizing.    Currently, we are handling 8 liquidation auctions for Bob Evans Restaurants, with quite a few more down the road. In total, Bob […]

The restaurant industry has been a brutal place to hang your hat for a number of years now. This summer, however, we saw a number of big players do some major downsizing. Currently, we are handling 8 liquidation auctions for Bob Evans Restaurants, with quite a few more down the road. In total, Bob Evans

Bill Carmody is CEO of Trepoint, a marketing services company. This article does not necessarily reflect the opinions of the editors or management of Nation’s Restaurant News. If you’re like many operators, you may believe one of two things: You have someone who’s more experienced than you at managing your supply chain, or you know

Bill Carmody is CEO of Trepoint, a marketing services company. This article does not necessarily reflect the opinions of the editors or management of Nation’s Restaurant News.   If you’re like many operators, you may believe one of two things: You have someone who’s more experienced than you at managing your supply chain, or you

There could soon be fewer places to grab an app or order a stack of pancakes: Dine Equity, the company behind Applebee’s and IHOP, will close up to 160 locations of the chain restaurants this year in an attempt to trim costs and boost sales. Dine Equity announced the closures Thursday evening during its second

There could soon be fewer places to grab an app or order a stack of pancakes: Dine Equity, the company behind Applebee’s and IHOP, will close up to 160 locations of the chain restaurants this year in an attempt to trim costs and boost sales.   Dine Equity announced the closures Thursday evening during its second quarter

The restaurant liquidation business is not a streamlined, cut-and-dried process. Often times, there’s a lot more than just kitchen equipment that restaurant owners want to get rid of. We are proud to have an online auction platform that delivers results for all types of items. Everything you might have inside a restaurant, we can sell

The restaurant liquidation business is not a streamlined, cut-and-dried process. Often times, there’s a lot more than just kitchen equipment that restaurant owners want to get rid of. We are proud to have an online auction platform that delivers results for all types of items. Everything you might have inside a restaurant, we can sell

This is a great resource for restaurant owners, provided by RestaurantNews.com. Let’s face it. Every restaurant at one point or another is dealt the reality of lost customers. And while it’s impossible to please every customer, every time, if you find your restaurant’s business declining, there’s probably a bigger issue to blame than just the

This is a great resource for restaurant owners, provided by RestaurantNews.com.        Let’s face it. Every restaurant at one point or another is dealt the reality of lost customers. And while it’s impossible to please every customer, every time, if you find your restaurant’s business declining, there’s probably a bigger issue to blame

Starbucks Shutters All 379 Teavana Stores   Today’s announcement that Starbucks would close its Teavana outlets (379 stores, 3,300 employees) marks the second time this year that the Mermaid has announced a course correction. Back in February, Starbucks finally gave up on its five-year-old Evolution Fresh concept, a venture it had jumped into on the assumption that the “health”

Starbucks Shutters All 379 Teavana Stores Today’s announcement that Starbucks would close its Teavana outlets (379 stores, 3,300 employees) marks the second time this year that the Mermaid has announced a course correction. Back in February, Starbucks finally gave up on its five-year-old Evolution Fresh concept, a venture it had jumped into on the assumption

Six quarters in a row of year-over-year declines. Foot traffic at chain restaurants fell 3% in June year-over-year. Same-store sales fell 1%, the 16th month in a row of year-over-year declines, completing the sixth quarter in a row of sales declines, the longest downturn since 2009. Food sales were down, alcohol sales were down. The

Neal Sherman, President of TAGeX Brands, a company that handles facility transitions and equipment liquidation in the restaurant industry, has recently been inducted into The Society of Fellows at the Culinary Institute of America (CIA), a position held by only 250 people in the world. The Culinary Institute of America is widely recognized as the

Sonic has announced that its newest food item on the menu will be a “blended burger” called the Slinger. No, this burger will not be served to you in liquid form, although you’re not alone in having that thought. Rather, this burger will feature a patty containing 25 – 30% mushrooms instead of pure beef,

  Sonic has announced that its newest food item on the menu will be a “blended burger” called the Slinger. No, this burger will not be served to you in liquid form, although you’re not alone in having that thought. Rather, this burger will feature a patty containing 25 – 30% mushrooms instead of pure beef,

Cherith Valley Gardens ceases operations and auctions everything online at RestaurantEquipment.bid       After 24 years of business, the Werner Family has decided to retire! Cherith Valley Gardens is closing their facilities and auctioning everything from their kitchen, offices and warehouse online at www.RestaurantEquipment.bid. The local family-owned jarring and pickling company is known for

Amazon has announced that it will acquire Whole Foods Market Inc. for a whopping $13.7 billion, launching the online retailer into the supermarket business with a total of 431 Whole Foods locations worldwide. Damn, that was fast. This is a powerful move for the ecommerce superpower. Amazon is already one of the largest companies in

  Amazon has announced that it will acquire Whole Foods Market Inc. for a whopping $13.7 billion, launching the online retailer into the supermarket business with a total of 431 Whole Foods locations worldwide. Damn, that was fast.  This is a powerful move for the ecommerce superpower. Amazon is already one of the largest companies

If your company was thinking about trying to earn some publicity in the restaurant industry this month, you might want to let the dust settle on KFC’s new project to send a chicken sandwich to space via a giant weather balloon. As if it wasn’t already hard enough to stand out in today’s media landscape,

  If your company was thinking about trying to earn some publicity in the restaurant industry this month, you might want to let the dust settle on KFC’s new project to send a chicken sandwich to space via a giant weather balloon. As if it wasn’t already hard enough to stand out in today’s media

  Restaurant chains are in trouble. A recent article by Business Insider claims that casual dining chains like Red Robin, Chilis, and Ruby Tuesday are struggling to attract customers. Conveniently, however, it’s not their fault. According to Business Insider, millennials are to blame! It looks like America’s number one scapegoat is stirring the pot again, this time with their changing eating habits.  

TAGeX recently liquidated a massive inventory of showroom and factory-blemish kitchen appliances from the premium Viking Range brand. We have turned the equipment over to RestaurantEquipment.bid for auction. As with all of their auctions, all items start at $1.00 and have no reserves, meaning bidders can walk away with high quality equipment for pennies on

TAGeX recently liquidated a massive inventory of showroom and factory-blemish kitchen appliances from the premium Viking Range brand. We have turned the equipment over to RestaurantEquipment.bid for auction. As with all of their auctions, all items start at $1.00 and have no reserves, meaning bidders can walk away with high quality equipment for pennies on the dollar.

MillerPulse down for 10 of past 11 months, traffic falls 3.5 percent:   Restaurant sales fell again in April, according to the latest MillerPulse index, and experts are puzzled as to the full reasons for the decline.   Same-store sales declined by 0.9 percent during the month, and 0.5 percent on a two-year basis. It

MillerPulse down for 10 of past 11 months, traffic falls 3.5 percent: Restaurant sales fell again in April, according to the latest MillerPulse index, and experts are puzzled as to the full reasons for the decline. Same-store sales declined by 0.9 percent during the month, and 0.5 percent on a two-year basis. It was the

After 40 years serving Japanese cuisine in Campbell’s Water Tower Plaza, Komatsu will close its doors on May 19. The restaurant at 300 Orchard City Drive is tucked in a corner near the downtown light rail station, the bar Khartoum and a few offices. Harry Komatsu opened the restaurant in 1977 and owned it until

After 40 years serving Japanese cuisine in Campbell’s Water Tower Plaza, Komatsu will close its doors on May 19.   The restaurant at 300 Orchard City Drive is tucked in a corner near the downtown light rail station, the bar Khartoum and a few offices.   Harry Komatsu opened the restaurant in 1977 and owned it until his

        TULSA, Okla. (KTUL) — If you’re interested in antiques, interesting art, kitchen equipment or other random items, this one’s for you.   Just about everything in the downtown Tulsa Spaghetti Warehouse location, which suddenly closed its doors March 26, is being auctioned off. Wood carvings, statues, food novelties, art pieces, extravagantly carved gnomes —

TULSA, Okla. (KTUL) — If you’re interested in antiques, interesting art, kitchen equipment or other random items, this one’s for you. Just about everything in the downtown Tulsa Spaghetti Warehouse location, which suddenly closed its doors March 26, is being auctioned off. Wood carvings, statues, food novelties, art pieces, extravagantly carved gnomes — they’re all

TULSA, Okla. (KTUL) — If you’re interested in antiques, interesting art, kitchen equipment or other random items, this one’s for you. Just about everything in the downtown Tulsa Spaghetti Warehouse location, which suddenly closed its doors March 26, is being auctioned off. Wood carvings, statues, food novelties, art pieces, extravagantly carved gnomes — they’re all

TULSA, Okla. (KTUL) — If you’re interested in antiques, interesting art, kitchen equipment or other random items, this one’s for you. Just about everything in the downtown Tulsa Spaghetti Warehouse location, which suddenly closed its doors March 26, is being auctioned off. Wood carvings, statues, food novelties, art pieces, extravagantly carved gnomes — they’re all

It is difficult to see the political or economic landscape changing in the short to medium term in order to alleviate the increasing cost pressures that restaurants now face. However, if advisers can be approached early enough, then careful pre-planning and an understanding of some of the legal and commercial complexities of this particular business

The total number of U.S. restaurants dropped last fall by 2 percent, and the ratio of eateries to people is at the lowest point since the recession, research and consulting firm The NPD Group said Tuesday. The makeup of the remaining eateries is changing at a rapid pace too, as the number of independent restaurants

The total number of U.S. restaurants dropped last fall by 2 percent, and the ratio of eateries to people is at the lowest point since the recession, research and consulting firm The NPD Group said Tuesday. The makeup of the remaining eateries is changing at a rapid pace too, as the number of independent restaurants

A restaurant in Surf City has officially closed its doors and the owner says it’s because the state decided to use the property for a construction project. Douglas Dahlberg opened Crabby Mike’s on South Topsail Drive 12 years ago but now he’s been forced to shut it down to make way for a new bridge.

A restaurant in Surf City has officially closed its doors and the owner says it’s because the state decided to use the property for a construction project. Douglas Dahlberg opened Crabby Mike’s on South Topsail Drive 12 years ago but now he’s been forced to shut it down to make way for a new bridge.

The Dairy Queen owner shouting the n-word at Deianeira Ford told her he could say whatever he wanted at his fast-food restaurant — that any accusations and complaints she uttered would fall on deaf ears. Ford was vindicated two days later, when her Facebook post about the incident provoked outrage so strong that the Dairy