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January 28, 2013
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On the Front Burner 
  • NYC steakhouses prosper despite rising beef prices
    Beef prices rose last year and are slated to go higher in 2013, but the trend isn't stopping New York City diners from spending at steakhouses or putting the breaks on new beef eateries. The New York Yankees planned NYY Steak eatery at Rockefeller Center is one of about 10 new steak restaurants that have either opened recently or will debut in the coming months. Crain's New York Business (1/27) LinkedInFacebookTwitterGoogle+Email this Story
Check out the Social Buzz around Sirha
SmartBrief's live coverage of Sirha, The World Hospitality & Food Service Event, on Storify provides a curated collection of the best social media content about the show. Check it out.
Restaurant News 
  • Starbucks may stop spending in Britain
    Coffee giant Starbucks is reportedly considering suspending its plans to invest £100 million in UK expansion, after Prime Minister David Cameron and others have accused the company of not paying its fair share of corporate taxes. In a speech at the World Economic Forum in Davos last week, Cameron said such companies would need to “wake up and smell the coffee." The Telegraph (London) (tiered subscription model) (1/26) LinkedInFacebookTwitterGoogle+Email this Story
  • Other News
Leading Voices 
  • Why Seamless is happy to pay $7 per Facebook fan
    Food-delivery service Seamless is offering a $7 discount to potential customers who "like" the brand on Facebook -- a significant markup on the $1-to-$4 valuation marketers typically use for Facebook fans. "$7 is a sweet spot for us. It's not giving away the farm, but it will attract people to try our service for the first time," explains Marketing Director Steven Young. Adweek (1/24) LinkedInFacebookTwitterGoogle+Email this Story
  • Coaster's new iPad app allows bars to serve themselves
    Coaster is encouraging bars to add its mobile-payment service by offering them a self-service iPad application, which is expected to help it enlarge its community without one-on-one solicitation of business. Coaster doesn't charge bars a processing fee for mobile payments, which might make market penetration easier, Ryan Lawler writes. Using the app, bars "can quickly create their own menus, specifying various drink prices and drink specials," Lawler writes. TechCrunch (1/24) LinkedInFacebookTwitterGoogle+Email this Story
  • Fatburger, CEO have their own comeback stories
    Andrew Wiederhorn has turned things around at Fatburger since taking over in 2005, but he's not all business -- life's ups and downs have helped the husband and father of six to keep his priorities straight. "I try to tell my employees that: We're just flipping hamburgers. You can't take all this too seriously or it'll drive you crazy." Los Angeles Times (tiered subscription model) (1/26) LinkedInFacebookTwitterGoogle+Email this Story
Culinary Spotlight 
  • Farm-raised fish in Calif. make most of the world's caviar
    California-based fish farms now supply 70% to 80% of the caviar produced in the world, supplanting Russia, where decades of overfishing, poaching and pollution have depleted stocks of the wild variety. Northern California caviar retails for $62 to $88 for a 1-ounce jar and is served most often as an appetizer accompanied by toast points or blini and a dollop of creme fraiche or sour cream. Los Angeles Times (tiered subscription model) (1/18) LinkedInFacebookTwitterGoogle+Email this Story
Hot Topics 

Top five news stories selected by Restaurant SmartBrief readers in the past week.

McDonald's to push Dollar Menu, new menu items in 2013 (The Wall Street Journal)
Quickservice chains and the high cost of food (QSR Magazine)
Moe's moves to speed up growth (QSRMagazine.com)
Subway guests sue over footlong's missing inch (Chicago Sun-Times (free registration))
Upscale burger joints put bison on the menu (BurgerBusiness.com)
Results based on number of times each story was clicked by readers.
Movers & Shakers 
Editor's Note 
  • Up-to-the-minute social coverage of Sirha 2013
    SmartBrief is assembling the best social media content from Sirha 2013, the World Hospitality & Food Service Event in Lyon, France, which runs through Wednesday. Check out the Storify live feed for the most important social content about the event. LinkedInFacebookTwitterGoogle+Email this Story
Food for Thought 
There's much to be said for challenging fate instead of ducking behind it."
--Diana Trilling,
American literary critic and author

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