[ Dubai, UAE ] In August 2012, Alshaya Trading Co., WLL opened the The Cheesecake Factory at The Dubai Mall. The location is the first Cheesecake Factory to open outside the U.S.. Alshaya Trading is operating the restaurant under license agreement with the well-known restaurant company. The 300-seat...
[ BRAZIL ] The deal with Johnny Rockets International calls for Antonio Augusto Ribeiro de Souza to open 30 Johnny Rockets restaurants in Brazil, starting late this year or early in 2013. According to the company’s website, Johnny Rockets was launched by fashion retailer Ronn Teitelbaum, who founded the concept on the...
New York-based Centerbridge acquires the P.F. Chang’s China Bistro chain for $1.1 billion, or $51.50 a share, a 30% premium over its average closing price in April. The deal takes the restaurant chain private. Centerbridge Partners is a private equity investment firm focused on leveraged buyouts and distressed securities. The firm...
Yum! Brands is a NYSE (YUM)-listed restaurant company, the world’s largest based on the number of system units in operation. The company acquires, develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of competitively priced food items. Yum! was created on October...
Jinqianbao (Golden Jaguar in English) is a buffet-style restaurant chainoperating in China. The company operates restaurants in eight of China’s larger cities, including Beijing, Shenzhen and Wuhan. Golden Jaguar offers more than 400 dishes from around the world. The buffet-style restaurants serve China’s rising urban middle classes and offer their...
Hop Hing Food Group (“the Group”) is a multi-concept operator of catering, restaurant, quickfood, and food product concepts. It was established by Hong Kong Hung’s Group, its parent company, for developing and improving its catering chain in China. After its establishment, the Group successively introduced many excellent catering brands, such as Yoshinoya and...
Where there were predecessor concepts, during the 1990′s the theme restaurant and club era swept the world, and in particular the U.S., with most retail developers looking at themed restaurants and themed clubs as a way to increase the consumer appeal of retail facilities in destination locations. A strong sub-set...
Tao Heung Holdings Limited (Tao Heung) is a leading. Chinese restaurantgroup in Hong Kong. Established 1991. Tao Heung has built a network of more than 85 restaurants in Hong Kong (69+) and Southern China (16+). These restaurants are at prime locations hence enjoy high customer flows and draw patronage of...
According to the company’s website, Hooters is a casual, beach-themed restaurant known for its brand of food and fun atmosphere, featuring a menu that includes seafood, sandwiches, and Hooters’ “nearly world famous” spicy chicken wings, complete with service provided by the Hooters Girls, the restaurant chain’s trademark all-American cheerleaders. Hooters...