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Very Important Beverage Professionals Chain Beverage Buzz: October 14, 2013

October 14, 2013 By: Mary-Kate Dunphy


National Restaurant AssociationRestaurateurs Keep Up the Fight on Health Care
Debate over spending, the federal budget and the debt ceiling have dominated Congress for the past few weeks and aren’t likely to end anytime soon. But that doesn’t mean the industry has stopped its fight for reasonable changes to the health care law. Since the health care law was passed, dozens of restaurant operators have taken the time to share stories in the media of how the law impacts their business. Recently, Firehouse Subs CEO Don Fox appeared on Bloomberg TV to discuss the costs of the health care law to businesses. MORE>>


Ruby TuesdayRuby Tuesday 1Q Same-Store Sales Decline
Ruby Tuesday Inc. reported a net loss of $22.2 million during its first fiscal quarter, driven by same-store sales declines of 11.4 percent at company-owned restaurants and an 8.4 percent at domestic franchised restaurants. President and chief executive James J. “JJ” Buettgen said that although the chain benefited in the last three weeks of the Sept. 3-ended quarter from positive reception of the pretzel burgers, flatbread appetizers and green bean tempura introduced in August, the ongoing brand repositioning would be slow to show results. MORE>>


VodkaTechnomic Sees Fall Flavors Surge in Vodka
Cranberry, caramel, apple and pumpkin are among the flavors showing up in flavored vodkas this fall, serving as inspiration for seasonal cocktails, according to the recent Seasonal Strategies micro-report on Technomic’s online DRINK database. Vodka suppliers and restaurant, bar and other on-premise operators are tapping into favorite and emerging fall flavors to stimulate specialty drink sales around Halloween, Thanksgiving and the fall season. MORE>>


Red RobinRed Robin Gourmet Burgers is Two Weeks Away from Opening its First Restaurant in Hagerstown, MD
Alert your taste buds!  Red Robin Gourmet Burgers, Inc. is two weeks away from bringing craveable gourmet burgers to Hagerstown, Md. Located next to the main entrance of Valley Mall off of Halfway Blvd., the newest Red Robin will open on Monday, October 28 at 11 a.m.  To help celebrate the grand opening of the new restaurant, Red Robin will donate all sales of its signature Freckled Lemonade from Monday, October 28 to Sunday, November 3, to Alex's Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for all kids with cancer. 
MORE>>


WineWine On-Tap Trend Gains Steam On-Premise
One strong trend in the on-premise wine scene of late has been the spread of wines on tap. Key brands are steadily entering the segment, inspiring on-premise players from independents to national accounts to get onboard. Napa-based Free Flow Wines, which kegs more than 300 different premium wines and boasts accounts like Marriott, Kimpton, Caesars and P.F. Chang’s among others, has been among the companies driving growth in the category. MORE>>


TechnomicHow Gin Can Stage a Comeback (Really)
For how long have adult-beverage industry watchers and cocktail enthusiasts been looking for gin to make a comeback? The botanicals-enhanced spirit has seemed at least in some respects to be well-positioned to take advantage of recent cocktail trends; most notable among these are renewed enthusiasm for classic cocktails and consumers’ growing interest in exploring spirits that are new to them—especially those that carry some cachet of sophistication. MORE>>


QSRNRA Announces Grassroot Effort to End Government Shutdown
The National Restaurant Association (NRA) announced the launch of a broad-based grassroots effort among its members, urging Congress to end the government shutdown and raise the debt ceiling in order to maintain economic confidence. “The restaurant industry provides opportunities to over 13 million Americans, and the ability to sustain business while maintaining consumer confidence is greatly impacted by our nation’s economic health,” says Scott Defife, NRA’s executive vice president of policy and government affairs. MORE>>


Buffalo Wild WingsBuffalo Wild Wings, Inc. to Conduct a Webcast of its Third Quarter 2013 Results
Buffalo Wild Wings, Inc. announced that the Company will conduct a conference call to discuss its third quarter 2013 results on Tuesday, October 29, 2013 at 4:00 p.m. Central Daylight Time. A simultaneous webcast of the call will be available by visiting the investor relations section of the Company's website at www.buffalowildwings.com. MORE>>


FireIs Your Restaurant Fireproof?
One of the biggest threats to restaurant and bar owners is fire, which can be a costly and potentially business-ending disaster. Grease accumulation, equipment malfunction and general poor housekeeping are all potential fire hazards. From 2006 to 2010, an estimated average of 7,640 structure fires in restaurants and bars were reported to U.S. fire departments per year. Associated average annual losses included two civilian deaths per year, 115 civilian injuries and $246 million in property loss, according to the National Fire Protection Agency. MORE>>


Ruth's Chris HospitalityRuth's Chris Hospitality Group, Inc. Reports Second Quarter Financial Results
Ruth’s Hospitality Group, Inc. reported unaudited financial results for its second quarter ended June 30, 2013. Highlights for the second quarter of 2013 compared to the second quarter of 2012 were as follows: The Company reported net income of $7.8 million or $0.22 per diluted share in the second quarter of 2013, compared to net income of $5.8 million or $0.17 per diluted share in the second quarter of 2012. MORE>>

 


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