Tag: real estate
Challenges & Opportunities: Real Estate
The Challenge
In March, the phones at Toronto-based CHI Real Estate Group, a hospitality-business broker that helps clients buy and sell restaurants and commercial properties,...
Pandemic-Related Uncertainty Leads One Third of Canadian Organizations to Freeze Salaries...
TORONTO — As many organizations approach their fiscal year end and assess the financial impact of COVID-19 on their businesses, the main question being...
From the Editor: Rising to the Challenge
Start a conversation with anyone in the foodservice industry these days and one word quickly surfaces — challenges. Never has the industry been faced...
Rising Costs and Availability Have Restaurant Operators Fighting for Real Estate
With quality real estate at a premium and prices on the rise in all major city centres, finding a good location to set up...
Darden Sells Red Lobster
ORLANDO, Fla. — Months after announcing it was pondering the future of its troubled Red Lobster brand, Darden Restaurants has agreed to sell the casual-dining chain to Golden Gate Capital, a San Francisco-based private equity investment firm, for $2.1 billion.
CRIS Highlights Competition Strategies in Challenged Market
TORONTO — Competition is creating new challenges in today’s restaurant industry, as owners fight for their share of traffic and react to emerging segments, reported experts at the fifth-annual Canadian Restaurant Investment Summit (CRIS), held yesterday at the Eaton Chelsea hotel in Toronto.
Browns Socialhouse Announces Executive Appointments
VANCOUVER — Browns Socialhouse announced three new appointments to its executive team, including Scott Ward, EVP; Bruce Fox, COO and VP, Development, and Dale...
BP Introduces Smaller Store Footprint
TORONTO — Boston Pizza International has launched a smaller unit prototype in a bid to make franchise ownership more affordable. The Boston Pizza brand...
