CORAL SPRINGS, Florida, May 21, 2015 /PRNewswire/ --
The Nation Restaurant Industry projected that the restaurant industry will reach some landmark numbers in 2015 with more than $709 billion in sales, one million locations and 14 million employees. America's restaurants are expected to post record sales as additional growth and expansion continues nationwide. Restaurants in focus today are: Latitude 360, Inc. (OTCQB: LATX), Aramark (NYSE: ARMK), The Cheesecake Factory® (NASDAQ: CAKE), SONIC® Drive-In (NASDAQ: SONC) and Yum! Brands, Inc. (NYSE: YUM).
Latitude 360, Inc. (OTCQB: LATX), an award-winning, multi-platform venue featuring premier upscale casual dining and state-of-the-art entertainment offerings, today announced that it has entered into a partnership agreement in which star wide receiver, Julio Jones, an existing shareholder of LATX, will take a minority stake in planned future Latitude 360 locations in Alabama and Georgia, through an agreement with J and J 360 LLC. The first location is a planned site near the famous Mall of Georgia in Buford, Georgia, an affluent suburb of Atlanta. "We're pleased to partner with Julio Jones, a celebrated athlete and personality in his hometown of Alabama, as well as his current home in Georgia," stated Brent Brown, Latitude 360's CEO. "Mr. Jones shares our enthusiasm for our proven concept in dining and entertainment. These new locations will join Indianapolis, Pittsburgh and Jacksonville as well as planned locations in New York, Boston, Albany and Minneapolis."
Read the full LATX Press Release at http://www.financialnewsmedia.com/profiles/latx.html
Julio Jones is a wide receiver for the Atlanta Falcons of the National Football League (NFL). Chosen sixth overall in the 2011 NFL Draft, he enjoyed a successful collegiate football career at the University of Alabama, where, during his sophomore season in 2009, he helped lead the Crimson Tide to an undefeated 14-0 season including a victory in the 2010 BCS National Championship Game. "This is an exciting investment and partnership, enabling Latitude 360 to expand into Alabama and Georgia, two states that are very important to me," stated Julio Jones. "I'm pleased to be part of a quality organization that provides entertainment for a wide variety of consumers and corporate clients, including amazing food, sports theatre, grill, bar, dancing, luxury bowling, games, live entertainment and more."
In other restaurant industry news & developments: Aramark (NYSE: ARMK), the $15 billion global provider of award-winning services in food, facilities management and uniforms, received a Nation's Restaurant News MenuMasters award, in the category of Best Limited-Time Offer, for its Sports and Entertainment division's "Stadium Sandwich" series, that debuted in 2014. MenuMasters honors outstanding menu research and development from the last calendar year, and is presented annually by Nation's Restaurant News, a top industry publication. The only non-commercial MenuMasters award honoree in 2015, Aramark was selected by the publication's Editorial Board, for raising the bar in menu innovation, and demonstrating exciting new culinary innovations that had a significant impact on the foodservice industry and its customers.
The Cheesecake Factory® (NASDAQ: CAKE), known for its extensive menu, generous portions and legendary desserts, recently announced the opening of its newest restaurant at Las Vegas North Premium Outlets. With more than 250 menu selections including more than 50 lower calorie SkinnyLicious® selections - all handmade, in-house with fresh ingredients - and more than 50 signature cheesecakes and desserts, The Cheesecake Factory's opening provides exciting new choices for Las Vegas North Premium Outlets shoppers and area residents.
SONIC® Drive-In (NASDAQ: SONC) is upping its Real Ice Cream game with 18 Master Blast flavors that go beyond the usual ice cream and candy concoctions. These handmade Real Ice Cream treats will blow taste buds away with perfectly blended confections of delicious fruit, cookies, premium candy and Real Ice Cream. "We experimented with many flavors this year to offer twice as many Master Blast choices," said Chef Claes Petersson, vice president of product innovation for SONIC. "Our guests can create any number of combinations this summer that are hand-mixed, made-to-order and customizable, guaranteeing they leave the drive-in with a perfect dessert treat."
Yum! Brands News (NYSE: YUM) - It's time to celebrate what makes Kentucky Fried Chicken® so damn special-finger lickin' good® Original Recipe® chicken, of course! Seventy-five years ago a feisty 65-year-old chicken salesman (once a farmhand, an army mule-tender, a locomotive fireman, an aspiring lawyer, an insurance salesman, an amateur obstetrician, a political candidate and a ferryboat entrepreneur, among other professions) set out to give his neighbors the best fried chicken out there. A decade later that secret recipe and his finger lickin' good® fried chicken made Colonel Sanders one of the most recognizable men in the world. Read the full story at http://finance.yahoo.com/news/kfc-pays-homage-legacy-colonel-141200618.html
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