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Retail & Foodservice

Restaurant Profits May Suffer Despite Stimulus

Associated Press/AP Online
July 18, 2008 - Falling home values, higher utility bills and skyrocketing gas prices have taken a big bite out of consumers' discretionary income....
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Whole Foods Offers 'Real Steals,' Including Patagonian Scallops

Rocky Mountain News (Denver, Colo.)
July 18, 2008 - At a time when grocery prices are rising at their fastest pace in 20 years, the natural-foods retailer is accelerating efforts to battle perceptions that it caters only to the affluent....
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Shrimp Truck Has Midwest Consumers Hooked

The Milwaukee Journal Sentinel
July 18, 2008 - After nearly 30 years of coming to the same Wisconsin gas station parking lots each month from April through November, Fabian Seafood has built a loyal following....
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Benihana Founder Rocky Aoki Dies

The Miami Herald
July 15, 2008 - Since Aoki opened the first of his teppanyaki restaurant in New York City in 1964 with only four tables, the company has grown into a chain of 88 restaurants....
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McCormick & Schmick's Opens Restaurant in Raleigh, N.C.

Business Wire
July 11, 2008 - This brings the company's total restaurant count to 80 locations across the country....
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California Restaurant Association Sues San Francisco over Menu Labeling Ordinance

BUSINESS WIRE
July 08, 2008 - The California Restaurant Association has filed suit against the City and County of San Francisco and the San Francisco Department of Public Health to overturn its "menu labeling" ordinance....
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Legal Sea Foods Ads Censored by MBTA

Business Wire
July 02, 2008 - The Boston transit agency said in early June that two of the restaurant's ads--"This conductor has a face like a halibut" and "Bite me"--violated its advertising guidelines....
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Tough Times Still Ahead for Foodservice Operators

The Press-Enterprise (Riverside, Calif.)
July 02, 2008 - Nevertheless, national data from restaurant owners indicate the industry might be surviving record-high gasoline prices, a shrinking job market and other economic obstacles....
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Pasta Company Receives $2.4 Million Sustainable Shrimp Investment

BUSINESS WIRE
July 01, 2008 - The Sea Change Investment Fund, LLC, a venture capital fund focused on environmentally-preferable seafood, in conjunction with existing company investors CEI Community Ventures Fund and The CDVCA Central Fund, today announces a $2.35 million investment in Vermont- based The Natural Pasta Company d/b/a/ Putney Pasta. ...
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Starkist Tuna Heir Dies at 92

Roanoke Times & World News
July 01, 2008 - Katherine Bogdanovich Loker, an heir to the StarKist tuna fortune and a major philanthropist in Southern California, died Thursday at her Oceanside, Calif., home of complications of a stroke, according to a spokesman for the University of Southern California, her alma mater....
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