November 22, 2013 |
In the 2 1/2 years since selling California Pizza Kitchen, the popular chain he helped found in 1985, Richard L. Rosenfield has been golfing, fishing, hunting, pursuing hobbies and otherwise staying off the restaurant industry's radar. Not so much for Larry S. Flax, Rosenfield's best friend and business partner of four decades, who's been jetting around the world hunting for a new food project. Turns out he didn't have to go far for ideas. Sometime in the second half of 2014, Flax and Rosenfield said, they plan to revisit pizza by launching a line of fast-casual pie joints.
August 28, 2013 |
Ahead of planned picketing by fast-food workers seeking $15-an-hour minimum wage, experts are pondering whether McDonald's, KFC and their quick-service ilk are strong enough to support such a drastic change. Data from research group Sageworks suggests that fast-food eateries are in a strong financial position, enjoying a relatively high 4.6% profit margin. Between August 2012 and 2013, the segment grew sales at its highest rate since the recession, enjoying a 12.9% boost, according to the group.
February 3, 2012 |
Whether the New England Patriots or the New York Giants win the Super Bowl this weekend, television buyers will be the ones scoring big. Retailers have been slashing prices on big-screen HDTVs ahead of the big game, and are throwing in extras such as free delivery and installation, offers to pay the sales tax and complimentary Blu-ray players and 3-D glasses to attract customers. "Consumers right now can definitely benefit," said Lisa Hatamiya, a research associate at market research firm IHS iSuppli, which tracks television sales data and trends.
August 26, 2013 |
The sense of malaise settling over much of the restaurant industry seems to have missed a spot: the still-growing fast-casual segment that includes chains such as Chipotle Mexican Grill and Panera Bread. A new report from researchers at the NPD Group found that the number of upscale quick-service eateries - known for higher service levels, better-quality food and larger check sizes than their fast food cousins - grew 7% in the year ended in May. Foot traffic into such establishments rose 9% as customer visits to the restaurant industry as a whole stagnated.
March 1, 2009 |
When it comes to shopping, the average American man has it made. At 189.8 pounds and a size 44 regular jacket, he can wear Abercrombie & Fitch, American Apparel or Armani. Department stores, mall retailers and designer boutiques all cater to his physique -- even when it's saddled with love handles, a sagging chest or a moderate paunch. In menswear, shlubby is accommodated. But the average U.S. woman, who's 162.
May 10, 2013 |
True Religion Apparel Inc., the Southern California purveyor of pricey designer denim, may have gotten too small for its britches. More than half a year after putting itself up for sale amid growth struggles and fluctuating stock, the high-end-jeans seller said its board unanimously accepted an $835-million takeover offer from investment firm TowerBrook Capital Partners. The $32-a-share deal for the Vernon label represents an 8.7% premium on Thursday's $29.44-a-share closing price and a 52% increase from the stock price Oct. 9, the day before True Religion said it would explore strategic alternatives.
June 23, 2012 |
Like most guys, Eric Lugo wants to look handsome. But he doesn't want to be caught applying makeup. So the 26-year-old uses skin-care products with names like Kiehl's Facial Fuel and Lab Series' Power Brightening Serum. "I want to keep myself up and maintain my looks, but I'd never use anything that looks like it's made for my girlfriend," the Los Angeles banker said. "This stuff looks like it's for guys, not girlie at all, so I feel OK using it. " Retailers are seeing a booming market in cosmetics and skin care for men. But they face one big challenge - most guys are squeamish about products that seem too feminine.
July 10, 2013 |
Google Chromebook laptops may be finally catching on and there are a few good reasons. The computers, which run Google's Chrome OS software, accounted for 20% to 25% of all laptops sold for less than $300 in the U.S. in the last eight months, according to NPD Group, a market research firm. A year ago, Chromebook's market share was insignificant, according to NPD Group. But that started to change late last year when a new wave of the Google computers started coming out along with a new marketing campaign . PHOTOS: Rare and vintage auctioned Apple items A Samsung-made Chromebook is currently the top-selling laptop on Amazon.com . Why are people buying Chromebooks?
September 20, 2010 |
Super-thick, creamy nonfat Greek yogurt has become a highly popular product, with the benefits of a high-quality protein. A few short years ago, Greek yogurt was a rarity on supermarket shelves. These days, however, brands and flavors abound. The super-thick, creamy yogurt has become a highly popular product — and with good reason, says Susan Bowerman, assistant director of the UCLA Center for Human Nutrition. "It has all the benefits of a high-quality protein without the fat and without the calories," she says.