is it true the mr pita said that As the recession blows, fast food business grows ?”
The recession is driving structural changes to businesses, including the loss of 180 jobs at Nelson’s Sealord plant, Prime Minister John Key said. Sealord, owned jointly by Nippon Suisan Kaisha of Japan and Maori tribes via Aotearoa Fisheries, said yesterday it was seeking to cut 180 land-based jobs in Nelson and was not ruling out the closure of its plant there. The Service & Food Workers Union (SFWU) said the company wanted to cut the pay of remaining workers by $70 a week. The plant at Nelson’s port employs 650 at the peak of the hoki season but currently employs 510. Mr Key said while there were a lot of things that could be done New Zealand could not “push back the tide of the global recession”. “I think in the case of Sealords they’re actually restructuring their business…they’re actually creating some jobs as well as letting some jobs go. “One thing we have to be realistic about is the recession will ultimately drive some of those changes, it’s not to say we’re not hugely symp
News Story As the recession blows, fast food business grows By Elizabeth Howell, Ottawa Business Journal Staff Wed, Jun 17, 2009 1:00 PM EST Click to Enlarge Sean Black (centre) of Extreme Brandz. (Etienne Ranger, OBJ) Mucho Burrito brand extends fast and healthy business for entrepreneur From his years working at and planting restaurants in Ottawa and environs – spots such as the Barley Mow, Aunt Sarah’s, Extreme Pita and Grace O’Malley’s – entrepreneur Sean Black says he sees this place as a stable and dependable town. “Certainly Ottawa hasn’t seen the huge growth, from store sales that, let’s say, Alberta has seen over the past five years; it’s been more steady and more single-digit growth in Ottawa where you would expect double digit growth in Alberta,” he says. “But it certainly is much more of a recession-proof town today than it was in 2000 when the high-tech bust hit.” Hence his decision to open up the 17th restaurant in his latest venture, Mucho Burrito, at the Kanata Centrum
Certainly Ottawa hasn’t seen the huge growth, from store sales that, let’s say, Alberta has seen over the past five years; it’s been more steady and more single-digit growth in Ottawa where you would expect double digit growth in Alberta,” he says. “But it certainly is much more of a recession-proof town today than it was in 2000 when the high-tech bust hit.” Hence his decision to open up the 17th restaurant in his latest venture, Mucho Burrito, at the Kanata Centrum a couple of weeks ago. He says he and his partners in the “fresh, fast and healthy” brand of food are already meeting with great success despite the relative youth of their chains against stalwarts such as McDonald’s and Tim Hortons. As a franchise, Extreme Pita has had $70 million in sales this year, with Mucho already posting $15 million of its own. Both are under the Extreme Brandz umbrella, which is based in Toronto.
