Starbucks Aims High(er) with Nimble Development Strategies

On March 18, 2015, Starbucks Corporation kicked off its annual shareholder meeting with company leaders outlining key strategies the coffee giant is deploying to reach a targeted market cap of $100 billion.

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Whisky Tango Foxtrot a Hipster Ode to Denver's Past

In late January, Denver's Tavern Hospitality Group raised the curtain on its newest concept, Whisky Tango Foxtrot (WTF). A neighborhood gathering place in the up-and-coming Prospect Park area, the operation was designed by Colorado architecture firm Arch11 as an ode to Denver's pre-Prohibition watering holes, but with decidedly modern twists.

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Miss Ricky’s Debuts in Chicago

Virgin Hotels Chicago, located in the landmark Old Dearborn Bank Building, has opened the doors to its newest restaurant, Miss Ricky's, a fresh take on the American diner with a touch of British cheekiness.

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Q&A with Tim Taft, President & CEO, Fiesta Restaurant Group

Fiesta Restaurant Group once operated as a division of Carrols Restaurant Group, the nation’s largest Burger King franchisee. But in early 2012, Carrols’ board of directors concluded the two entities were worth more separately and in May of that year spun Fiesta — parent to fast-casual brands Pollo Tropical and Taco Cabana — off as a standalone public entity.

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One Size Doesn’t Fit All

When competition stiffens or the economy weakens, restaurant chains face the challenge of finding new, creative ways to pursue expansion. These days, competition is fierce, and the economy, while on the road to recovery, has dealt foodservice a heavy blow. Creating new formats that can take chains into nontraditional locations represents a growing strategy employed by more and more concepts.

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Have Fun (Really!) With Visionary Personalities

“You don’t know how to design anything! You need to just sit down and listen and maybe you will learn something.” This was the opening salvo in what eventually became a good relationship with the creator of two highly successful restaurant chains during our first meeting.

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