TAGeX Brands

TAGeX Brands

Denver 9th Co 1

Used Equipment Market Booms As Operators Leverage New Opportunities

Shuttered restaurants and supply chain challenges have driven operators increasingly to the second-hand market. Mark Hamstra | Sep 15, 2021 The pandemic has been a perfect storm to drive restaurant operators to the used equipment market. Thousands of foodservice locations closed their doors and were forced to liquidate, while equipment makers are struggling with ongoing supply chain

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Posados Cafe closes after 20 years in business

Another Lafayette restaurant has closed its doors. Posados Cafe closed abruptly over the weekend, according to a report from KLFY. Employees of the Mexican restaurant were notified when they showed up for work Monday morning, the local TV station reports.     Attempts to reach a representative with Posados Cafe were unsuccessful Monday. Posados manager Melissa Guilbeaux told

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Chef Max Hardy is closing his River Bistro restaurant in Detroit

He was recently named by the New York Times as one of 16 black chefs changing food in America, and his flagship restaurant was a Free Press Best New Restaurant in 2018, but the press and accolades couldn’t save chef Max Hardy’s River Bistro, a two-year-old Caribbean-Soul restaurant in Detroit’s Grandmont-Rosedale neighborhood.   “Regretfully, and after sincere thought and consideration,

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Bristol's Brasserie Blanc restaurant to close permanently after 10 years

While there’s no denying the quality of Bristol’s food scene, the city has still suffered a wealth of closures this year.   In recent months we have said goodbye to the likes of Ceres on Stokes Croft, Pigsty on Gloucester Roadand the city’s three Spudulike branches, after the UK-wide chain entered administration.   And later this year a

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Chef Michael Mina on setting his enterprise apart from its competitors

Making a mark in the hospitality scene is no easy feat. As celebrity Chef Michael Mina debuts his latest venture Prime Grill at Dubai Galleria Mall, the entrepreneur and founder of Mina Group intends to offer UAE restaurant goers with a distinct dining experience. The chef’s renowned restaurant in San Francisco has gained two Michelin

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Yelp is breaking further into the restaurant reservation market

Yelp is continuing its evolution from being a user-generated review platform to meeting the needs of diners who want to think ahead, walk in for seating, or get food delivered.   The review and business-listing company managed 22 million diners booking directly through the Yelp app, a threefold increase year over year, according to internal

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HopCat plans $7M expansion

HopCat, which recently received $7 million in equity funding, is making plans to grow the 17-unit, beer-focused casual-dining chain.   “We’re scouting for new locations,” Mark Sellers, HopCat’s founder, told Restaurant Business. “We’ve got the infrastructure to handle a larger footprint. We’ve hired people in anticipation of more growth.”   The Michigan-based concept will open

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Wendy's begins $25M in digital investments for 2019

The Wendy’s Co. has begun investing a planned $25 million this year to strengthen the burger brand’s digital capabilities, company executives said Thursday.   The Dublin, Ohio-based company intends to make its restaurants easier to operate and its customers more loyal with the digital platforms, executives said on a fourth-quarter earnings call.   “We have

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Airline to open restaurant

Budget Malaysian airline Air Asia is to open a restaurant showcasing the dishes listed on its in-flight menu called Santan, including chicken teriyaki, Pak Nasser’s Nasi Lemak and a vegetable rice bowl. While food served on-board aeroplanes is often the butt of jokes, Air Asia believes its offering will stand up to scrutiny. The low-cost airline

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Restaurant Prices are Increasing

 Going out to eat is costing you more.    Prices at full-service restaurants are going up, according to the US Department of Labor. Experts say increased expenses such as rent, insurance, and labor are getting passed on to consumers.    In December, prices at full-service restaurants were up 0.5 percent from the prior month on a

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Chefs Takashi Yagihashi and Luciano DelSignore collaborate for new restaurant

Two titans of Detroit’s restaurant industry are teaming up for new project in Birmingham.    Chefs Takashi Yagihashi and Luciano DelSignore are planning to open Pernoi, a French, Italian and Japanese restaurant at 310 E. Maple, where upscale American restaurant Cafe Via was before closing last March.    DelSignore says Pernoi will be “extremely contemporary”

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Instagram worthy desserts and boozy milkshakes coming to Chicago

  River North goes from champagne to milkshakes at the end of month when JoJo’s Milk Bar opens to replace Coco Champagne Lounge. February 28 is opening date at 23 W. Hubbard Street, and JoJo’s will have those Instagram-friendly desserts including spiked and over-the-top shakes, cookies, ice cream popsicles, and more. The group behind Shore

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Prominent LA Mexican Chef Opens Restaurant in Long Beach

Long Beach arrival   Popular Southeast LA chef Thomas Ortega (Amor y Tacos, Playa Amor) is adding another new restaurant to his repertoire this week. It’s called Amorcito Taqueria, and it opens inside the LBX Hangar property in Long Beach, a mixed-used development stuffed with other restaurant ideas. Unlike Ortega’s sit-down restaurants, Amorcito taqueria is

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Multi-level Restaurant is Shuttering

Downtown Austin restaurant Boiler Nine Bar + Grill is closing this month at 800 West Cesar Chavez Street within the Seaholm District. Its last day of service will be on Saturday, February 23.   Boiler Nine’s management company La Corsha Hospitality Group said that the reason behind the shutter is because of “unpaid management fees”

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Winchester Restaurant Week begins

   Eight restaurants are participating in Winchester Restaurant Week, giving ambitious diners an opportunity to try a new place every day of the week if they like.   The special week of menus begins today and runs through Saturday.   Here’s how it works: participating restaurants offer three courses for $30 per person. The restaurants

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Why that dish costs so much

We’ve all noticed it: Restaurants are always getting more and more expensive. A high-end dinner for two can easily add up to over $100, even without second drinks or dessert. Bottles of wine that retail for $15 are going by the glass for that price or more. Understandably, guests are increasingly frustrated. In response to

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FAT Brands Plans 10-Unit Expansion

 FAT Brands Inc., parent company of Fatburger and Buffalo’s Express, announced the development of 10 new co-branded Fatburger and Buffalo’s Express restaurants throughout California, Arizona, Texas, Pennsylvania, and Virginia. All locations are slated to open in 2019.   Fatburger, the beloved Hollywood burger chain, founded by Lovie Yancey, maintains and upholds its unique culture and

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Openings and Closings of St. Louis Restaurants During December 2018

The losses the city’s restaurant scene sustained this month were significant. Central Table, the remainder of the much-ballyhooed Central Table Food Hall, ceased operations earlier this month. Affton barbecue institution Phil’s Bar-BQ will close its doors on December 30th after 57 years of serving quintessential St. Louis-style barbecue. Though its tenure was not as long,

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TAGeX Brands Retained to Liquidate Twenty-One (21) Rent-A-Center Service Locations Nationally

    Rent-A-Center, a rent-to-own furniture and electronics company, is liquidating twenty-one (21) service locations.   The contents are currently being auctioned online by Advanced Auction Company an affiliate of TAGeX Brands.   Bidding starts at $1.00 with no reserves.   Rent-A-Center engaged TAGeX Brands to support the project. “Rent-A-Center is a fantastic company taking

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In-N-Out Wins Over Consumers

    According to Nation’s Restaurant News, In-N-Out Burger, the Southern California burger chain known for its cult following, earned high scores in nearly every consumer satisfaction category of this year’s Consumer Picks survey.   The 70-year-old brand perennially ranks high on various consumer surveys. In the Consumer Picks survey, In-N-Out scored especially high on

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