California Pizza Kitchen, known for such ambitious offerings as the 1,440-calorie Tostada Pizza, will be acquired by Golden Gate Capital, an investment company that owns the Romano's Macaroni Grill and On The Border chains. The deal is expected to be worth about $740 million.
CPK has been looking for a buyer for about a year. The company has been suffering from a slowdown in sales, despite adding less expensive, smaller portions of some products last year, along with an aggressive international expansion strategy that has taken it to India, South Korea and other countries. This isn't the first time the company has been sold; the founders sold it to Pepsico in 1992, only to buy it back several years later. - The Consumerist
Officials of an Illinois company say it is recalling Madagascar Bourbon Pure Vanilla Bean Paste because of potential Listeria monocytogenes.
Nielsen-Massey Vanillas Inc. of Waukegan is voluntarily recalling lot No. 11123 of its Nielsen-Massey Madagascar Bourbon Pure Vanilla Bean Paste because it has the potential to be contaminated with Listeria.
The recall extends to all states of the United States and Canada at all levels of distribution, including the retail level. The recalled product is offered in translucent plastic 1-gallon- and 1-quart-size containers under the name Nielsen-Massey Madagascar Bourbon Pure Vanilla Bean Paste, through a variety of distribution channels including direct delivery to business customers, distributors and retail sales.There have been no reports of illness related to this product. - Marler Blog
Southern California is one of the world's biggest markets
Established brand since 1949
Currently sold in 500 markets and restaurants
Two retail stores (not included)
1,500,000 in yearly sales (was 5,000,000)
Close to a break even during this recession
Owner retiring, OWC
Dream lease, name your terms. - BizBen
The Far Western Tavern today announced that the restaurant will move to a new location in Old Town Orcutt in late 2011. The existing restaurant in Guadalupe will remain open until a few weeks before the move.“The new location in Old Town Orcutt will enable us to continue the Far Western Tavern tradition for years to come in the Santa Maria Valley,” said Renee Righetti-Fowler, whose grandparents Clarence and Rosalie Minetti established the Far Western Tavern in 1958 along with Rosalie’s cousin, the late Richard Maretti, and his wife Jean. The Far Western Tavern is today owned by the greater Minetti family, with the third generation now actively overseeing the restaurant’s operations.The new location at 300 Clark Avenue in Old Town Orcutt will be built out over the next year. Like the current restaurant, the new restaurant will feature separate downstairs bar and dining areas, along with an upstairs banquet room.“Our goal is to capture the distinctive spirit and ambiance of the original restaurant,” Righetti-Fowler said. “The menu will also be very similar.”The current restaurant occupies the Palace Hotel building that was built in 1912. The building is owned by the Minetti family. The family plans to collaborate with the City of Guadalupe and others to determine the best course of action for the building after it is vacated by the restaurant. “We want to find a workable solution, but we just don’t know what that solution is at this point,” Righetti-Fowler said.She added, “This was a very tough decision for our family after all of these years in Guadalupe. But after carefully evaluating our options, we felt that it was the best decision for ensuring that the restaurant remains a viable family business for years to come. The Old Town Orcutt location, which is more centrally located to both Highway 1 and Highway 101, will make the restaurant more accessible to visitors and locals alike.”
“We are truly grateful to our community of Guadalupe for their support over the decades,” Righetti-Fowler said. “We invite everyone to come out and share memories with us.”
Seve never had an entourage of sycophants traipsing after him or bodyguards rushing him to exits and keeping the public at arm's length. Seve had time for everyone and anyone. He was a working class hero who was just as comfortable in the company of kings and golf fans. He was a sporting god who never lost his common touch.
Nobody, of course, is perfect. Seve could be feisty, confrontational, intimidating, bad-tempered and moody, but he never bore grudges. He was joyous, charming, charismatic, witty, approachable, and boy, he was cool. His aura simply oozed sex appeal. He was Elvis in slacks and that navy-blue Sunday sweater. It was a privilege to be around him. Seve made it easy. - Golf.com
There are very few people in the world, let alone in sport, who are known by one word, one name. Just the mention of Seve was enough. Everybody knew instantly about whom you were talking, what he did and what he stood for. That is special.- The Telegraph
We are thrilled to find out that after nearly 30 years of making wine, Jim Clendenen will be opening the Au Bon Climat Tasting Room and Jim Clendenen Wine Library in Santa Barbara. Even more interesting is that it will be adjacent to the Wine Cask Restaurant and Margerum Wine Co. Tasting Room. They will actually share staff and a point of sale system so customers will be able to do a dual tasting, purchase items at both locations under the same account and even order food from the Wine Cask to accompany wine. This concept is a natural given the long-term friendship and partnership between these two industry pioneers, but it does make for a unique tasting experience in Santa Barbara.
...The grand opening will be Memorial Day weekend, Saturday May 28th and Sunday, May 29th from 12:00 noon to 4:00pm. For the opening there will be a special dual tasting of both Au Bon Climat and Margerum Wine Co. current releases and library wines with foods provided by the Wine Cask for $25, with a sale on wines throughout the 3-day weekend. The Au Bon Climat Tasting Room and Jim Clendenen Wine Library will be located at 813 Anacapa St., Suite 5.