Friday, May 22, 2015
Karl Greenberg, May 22, 2015, 9:14 AM
  • Trends At The National Restaurant Association ShowBurger Business

    Peter Backman, managing director of London-based Horizons, says Millennials and fast casual were the themes at the NRA show this year. "While Millennials aren't the only people attracted to Fast Casual outlets, they are hugely influential in their emergence," he says in his new report, accessible here. "Overall the US foodservice sector is forecast to grow at a shade under 2% in real terms in 2015," he writes. "Fast Casual - is a clear winner, it is clear to everyone where they should be focusing their attention." Read the whole story...

  • McDonald's CEO Defends Employee Pay IncreaseNation's Restaurant News

    McDonald's CEO Steve Easterbrook defended the company's recent employee pay increase at the company's annual meeting, amid protests by thousands of labor activists outside its Oak Brook, Ill., headquarters. He said he was proud that McDonald's stated earlier this year that it would raise hourly pay at its company-owned U.S. locations to $1 above the local minimum wage. Activists pushed the company to end its relationship with the National Restaurant Association, which lobbied against the minimum wage. Read the whole story...

  • Honda Shifting From Cars To TrucksDetroit Bureau

    Honda, long focused on sedans and coupes like the Accord and Civic, is steadily shifting emphasis from passenger cars to sport- and crossover-utility vehicles. Already, truck models make up 49% of total U.S. production, noted John Mendel, Honda's top U.S. executive, "And we could flex that even further," he said. The company's Alabama plant will have capacity to produce at least 120,000 Pilot crossovers annually, once the ramp-up of the new model is completed. Read the whole story...

  • GoDaddy Seeks AgencyAdvertising Age

    Web hosting company GoDaddy is looking for a global agency. The company, which has used racy ads in the Super Bowl to make a name for itself, raised $460 million in an IPO last month, and last week issued a request for proposals for a global brand agency. Barton F. Graf 9000 is currently GoDaddy's agency of record for the U.S. and Canada. Read the whole story...

  • Arena's Eye Lightbulbs And Fixtures For Cost CuttingBloomberg

    Philadelphia's Wells Fargo Center, home of basketball's 76ers and hockey's Flyers, switched to LED lighting this season, spending $473,000 on a system that it expects to cut energy bills by $144,000 a year. Eight other venues used by the four major U.S. sports leagues use LED, but all future ones will, according to National Basketball Association's EVP of operations and technology Steve Hellmuth. Read the whole story...