Diversity Fueling Consumer Preferences for Leading Fast Casual Restaurants: GRILLiT, Chipotle, Einsteins, Jamba, Buffalo Wild Wings
CORAL SPRINGS, Florida, September 23, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's innovative fast casual restaurant companies with potential high growth trends in the services sector: GRILLiT, Inc. (OTC: GRLT), Chipotle Mexican Grill Inc. (NYSE: CMG), Einstein Noah Restaurant (NASDAQ: BAGL), Jamba, Inc. (NASDAQ: JMBA) and Buffalo Wild Wings, Inc. (NASDAQ: BWLD).
GRILLIT®, INC. (OTC: GRLT) Headline: DR. PAUL AOUN JOINS GRILLIT AS SENIOR MEDICAL ADVISOR TO THE BOARD OF DIRECTORS. The Company Seeks to Enhance Franchising Value Proposition - GRILLiT, Inc. (the "Company") oday announced that the Company has retained Dr. Paul Aoun to serve as Senior Medical Advisor to the Company's Board of Directors. Dr. Aoun is an endocrinologist who specializes in the prevention and treatment of diabetes, thyroid, and other metabolic and endocrine conditions. He will offer his expert medical knowledge and skills in order to continue promoting a positive health culture for the Company, and assist with creating new healthy menu item options for GRILLiT customers. GRILLiT's Chief Executive Officer, Ghazi Hajj, commented, "The Company has retained Dr. Aoun as part of our vision and campaign to promote a healthy living lifestyle (announced June 7, 2013). We feel extremely fortunate to have Dr. Aoun's services as we continue to provide a great tasting, yet extremely healthy, array of menu choices. I believe that emphasizing the healthy choice aspect is a key ingredient to attracting more and more customers, as well as new master franchisors and franchisees."
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Dr. Aoun currently serves as a clinical endocrinologist in South Florida and is an Affiliate Assistant Professor of the University of Miami, Miller School of Medicine. He received his Doctor of Osteopathic Medicine (D.O.) and Doctor of Philosophy (Ph.D.) in pharmacology and neuroscience from the University of North Texas Health Science Center in Fort Worth, Texas. He completed his Internal Medicine residency at Johns Hopkins University/Sinai Hospital Program, where he subsequently became Chief Resident of the department. He then went to Mayo Clinic in Rochester, MN where he completed his clinical fellowship in Endocrinology, Diabetes, & Metabolism.
Chipotle Mexican Grill (CMG) is encouraging Washington State voters to support I-522 (Initiative Measure No. 522), also known as "the genetically engineered foods labeling initiative," which will appear on voter ballots there during the Nov. 5 elections. If passed, I-522 would ensure all genetically engineered foods in Washington State are labeled to inform consumers. "We are changing the way people think about and eat fast food, and a big part of that is understanding where our food comes from and how it is raised or grown," said Steve Ells, founder, chairman and co-CEO of Chipotle.
Einstein Noah Restaurant (BAGL) is a leading operator of sandwich restaurants including the Einstein Bros, Noah's New York Bagels, and Manhattan Bagel brands. With a market cap of less than $300 million, Einstein Noah is shifting away from its company-owned stores business model and into a capital-light franchise and licensing model, and this augurs well for its future.
Jamba, Inc. (JMBA), through its subsidiary, Jamba Juice Company, owns, operates, and franchises Jamba Juice stores. Its restaurants offer whole fruit smoothies, squeezed juices, hot oatmeals, breakfast wraps, bistro sandwiches and mini-wraps, California Flatbreads, frozen yogurt, and various baked goods and snacks. The company also licenses its Jamba brand name to sell consumer packaged goods through retail channels, such as grocery, mass, club, and convenience stores, as well as online. As of July 2, 2013, it had 787 stores in the United States, incluidng 492 are franchise-operated stores and 295 are company-owned stores; and 42 international store locations.
Buffalo Wild Wings (BWLD) announced last month it will expand to the Philippines with the announcement today that the company has signed a development agreement with one of the country's premier restaurant operators to open restaurants later this year. The brand, built on wings, beer and sports, previously announced international expansion plans to Canada, Mexico and the Middle East. "We are thrilled to continue our international expansion to the Philippines with The Bistro Group, and bring our wings, beer and exciting sports experience to even more Guests across the globe," said Sally Smith, CEO and president of Buffalo Wild Wings.
To teach the art of butchery and continue to honor an age-old profession, Whole Foods Market (NASDAQ: WFM) is launching an in-store Meat Apprenticeship Program for its team members. The intensive 18-month training program is designed to transform aspiring butchers into skilled meat cutters with a deep understanding of the company's high standards for quality, animal welfare, food safety, sanitation and commitment to retail excellence.
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