BNET Industries
Piccadilly Cafeterias Inc. (PICZ Q) is in the Food Industry
- Revenue
- Jul 01 2003
- $320.3M
- Profit
- Jul 01 2003
- ($26.7M)
- Market Cap
- Jun 11 2008
- $1.0K
Latest News and Analysis
Thacher Proffitt Publishes Bankruptcy Bulletin That Discusses Supreme Court Ruling in Florida Department of Revenue v. Piccadilly Cafeterias, Inc
NEW YORK -- Thacher Proffitt & Wood LLP announced today the publication of "Florida Department of Revenue v. Piccadilly Cafeterias, Inc.: The Supreme Court Rules that Asset Sales Made Before the Confirmation of a Bankruptcy Plan are not Exempt from Stamp Taxes." The bulletin provides background on the case and...
Law Digest
MARYLAND COURT OF APPEALS Criminal Procedure: Exceptions to juvenile delinquency finding: Juvenile's exceptions to master's findings that he was a delinquent were adequately specific, and he was entitled to de novo hearing as to all matters decided by the master. In re Marcus...
Piccadilly's on-site arm pulls brand to financial recovery
BATON ROUGE, LA. -- When Piccadilly Cafeterias filed for bankruptcy protection from creditors in 2003, the general consensus among observers was that the buffet of opportunities to set the company back on track was sparse. But one idea conceived by executives stuck--to develop a contract foodservice division that would cater...
School lunches not just kids' stuff anymore: as preteens exhibit increasingly sophisticated tastes, demand for more adult fare grows
In answering the age-old question of what to feed 10-, 11- or 12-year-olds for lunch, on-site contractors are operating from a new school of thought: If you give them choice, they will eat. Today's elementary school lunch is nothing like your mother's peanut butter and...
N.O. musicians grateful for all gigs during summer slump
Parents steered packs of toddlers through the entrance of Piccadilly Cafeteria on Clearview Parkway for the July 26 grand reopening of the popular franchise. Inside, waiters carried trays of fried chicken and Jell-O for hungry children. Balloons tied to brass poles hung above the heads of a...
Rosenberg Center study views franchise market value; Univ. of New Hampshire and IFA studies agree on franchising's power.(Research)
As the nation's economic environment holds steady, franchising continues to exhibit its positive influence on the U.S. economy. Franchised businesses create more value and perform better financially than their non-franchised competitors, according to a recently-released study by the William Rosenberg...
Piccadilly targets younger crowd with first TV spots in two years
BATON ROUGE, LA. -- Piccadilly Cafeterias, still recovering from a 2003 Chapter 11 bankruptcy filing and subsequent sale of the chain, recently reported a 6-percent increase in same-store sales for the fourth quarter, which the company attributed to a new ad campaign, its first in two years. The...
2004 the year in review: NRN looks back at the events that have affected the foodservice industry over the last 12 months
SINCE BIBLICAL TIMES YEARS OFTEN HAVE BEEN LABELED either as those of feasts or those of famine. As far as news was concerned, 2004 had some of both, with a whole lot of diet and nutrition thrown in. The year had heft and girth and...
16-acre tract in Kenner sold for $22.5M to Victory Investments
A 16-acre tract of commercial property in Kenner on Veterans Memorial Boulevard sold Nov. 12 for $22.5 million to Victory Investments Inc. of Columbus, Ga. Ackel Real Estate LLC of Metairie sold the large piece of property, which is bounded by Veterans and Massachusetts Avenue and next...
Gaming stores at Bradenton, Fla., mall begin to see a payoff.
By Kurt D. Schultheis, The Bradenton Herald, Fla. Knight Ridder/Tribune Business News Nov. 16--BRADENTON, Fla. -- One store sells games and the other lets you play them, but both are hoping a busy holiday season will bolster business and attract repeat...
Conquer complacency: food-safety vigilance must start at the top and permeate the entire system.(Editorial)(Editorial)
As part of Chain Leader Live, a conference we presented in September in New Orleans, I moderated a breakout discussion on food safety with some of the leaders in the field. Attendees picked the brains of Chuck Catlin, senior total quality manager at Darden Restaurants; Laurel...
Food recalls reported.(Washington)(Brief Article)
Coca Cola Puerto Rico Bottling Co., Cayey, PR, is recalling 10,500 cases of Diet Coke in 11.27-oz. metal cans. The products were distributed in Puerto Rico. Reason for recall: The products contain undeclared saccharin. Haemalkn Sikpoom, Inc., East Hills, NY, is recalling Lotte...
Heeding financial warning signs can keep companies from singing bankruptcy blues
More often than not, companies fail to recognize the warning signs that they are in serious financial trouble until it is too late. Piccadilly Cafeterias, however, achieved positive results by taking the necessary steps to deal with the issues confronting the organization. The cafeteria chain faced great challenges...
The Commercial Appeal, Memphis, Tenn., Coffee Break column.
By Mark Watson, The Commercial Appeal, Memphis, Tenn. Knight Ridder/Tribune Business News Oct. 7--GOLF EVENT TAKES SHOT AT HELPING: A little birdie tells me the Whitehaven Economic Development Corp. will have its 12th Golf Classic Monday at The Club at North...
A stalwart gone
Imperial Food Supply, a multimillion dollar Baton Rouge company that distributed food across the region, is liquidating its business. Company owner Michael DiVincenti could not be reached for comment, but two top employees of Imperial say the firm is being closed, partly a victim of the sale of Piccadilly Cafeterias....
Ruby Tuesday petitions Piccadilly Ch. 11 for $6.2m
MARYVILLE, TENN. -- Ruby Tuesday Inc., parent of the 700-plus-unit casual-dining chain, based here, filed a bankruptcy court claim for $6.2 million against Piccadilly Cafeterias Inc. of Baton Rouge, La., to recover retirement and workers' compensation plan benefits. In documents filed April 12 with the Securities and Exchange...
Southern comforts
The romance of the Old South lives on, even for a lifelong Northerner like me. I've probably seen Gone With the Wind a half-dozen times, just one reason why I was excited to visit a number of historic plantations and gardens on a four-day, 500-mile drive through Louisiana,...
Montgomery, Ala., Supporters Hope to Keep Mall in Business.
Montgomery Advertiser, Ala. Knight Ridder/Tribune Business News Mar. 17--The crowd at the Montgomery City Council meeting Tuesday night was dotted with T-shirts worn by supporters of Montgomery Mall. More than 20 members of the Communities for Economic Stability Coalition...
Chili's Shuts Its Montgomery, Ala., Restaurant; Other Area Eateries May Close.
By Tiffany Ray, Montgomery Advertiser, Ala. Knight Ridder/Tribune Business News Mar. 9--Lunchtime options are getting slimmer in the Montgomery Mall area. In the wake of news that Piccadilly Cafeteria is closing its doors this week, Chili's, directly...
Piccadilly Cafeteria to Close One of Two Tallahassee, Fla., Locations.
By Juana Jordan, Tallahassee Democrat, Fla. Knight Ridder/Tribune Business News Mar. 5--TALLAHASSEE, Fla. -- The only place you're likely to see a Piccadilly Cafeteria now is Tallahassee Mall. The one at Governor's Square mall closes Sunday. That...
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- Incorporated: 1965
Piccadilly Cafeterias is the cafeteria chain in the Southeastern and Mid-Atlantic regions of the United States with 170 cafeterias in 15 states as of Sept 29 2003. Co. serves a diverse and loyal customer base consisting of families, groups of friends and co-workers, senior citizens, couples, and students. Co.'s patrons enjoy a selection of prepared home cookedmeals at value-oriented prices for lunch and dinner.
Co.'s typical cafeteria line offers a food selection including up to 18 entrees, 2 soups, 20 salads, 18 vegetables, 7 breads, and 22 desserts. Guests make their meal selections by combining these items according to their individual preferences.
Key Competitors
Piccadilly Cafeterias Inc. Company Info
Board of Directors
Joseph H. Campbell Jr.
Chmn.
Robert P. Guyton
James A. Perkins
Dale E. Redman
Christel C. Slaughter
C. Ray Smith
James F. White Jr.
Contact Information
3232 Sherwood Forest Blvd.
Baton Rouge, LA
225 293-9440
NAICS Code
Cafeterias, Grill Buffets, and Buffets: 722212
