REAL ESTATE

Wienerschnitzel debuts in McAllen, Texas

BY CSA STAFF

Irvine, Calif. Hot dog chain Wienerschnitzel, based in Irvine, Calif., said Monday it is celebrating the grand opening of its first location in McAllen, Texas.

The opening expands Wienerschnitzel’s franchise locations in Texas to 41.

Wienerschnitzel operates or franchises 350 stores in 10 states and Guam. It is part of Galardi Group, which is also the parent company of The Hamburger Stand and Tastee Freez LLC.

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FINANCE

Limited Brands CEO’s pay up 50% last year

BY CSA STAFF

New York City The CEO of Limited Brands received a 50% pay boost last year as the Victoria’s Secret and Bath & Body Works parent company tried to keep people shopping during the recession.

Leslie Wexner’s total compensation was valued at $10.4 million.

Wexner’s base salary totaled $1.9 million in 2009, about the same as 2008. He received a performance-related bonus of nearly $5 million, more than triple the amount he received in 2008.

His 2009 compensation also included stock options and restricted stock valued at $2.4 million on the day they were granted. In 2008, he received similar awards valued at $1.9 million.

Wexner received perks valued at $1.2 million in the company’s fiscal 2009, which ended in January. That figure was about the same as the value of perks he received from the previous year. His perks last year included $930,000 for security, $276,774 in contributions to his retirement plan, $4,784 for reimbursement of medical costs not covered by the company’s health plan, and $10,847 for taxes.

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News

Whole Foods launches kids food adventure with Chef Mehta

BY CSA STAFF

AUSTIN, Texas Whole Foods Market announced that it has partnered with Chef Jehangir Mehta, “The Next Iron Chef” runner-up and executive chef/owner of Graffiti Food & Wine Bar in New York City, to create The Kids Food Adventure with Chef Jehangir Mehta, a series of hands-on classes to encourage parents and children to be more adventurous with food while making healthy choices.

The  multi-city class tour will begin in New York City  at Whole Foods Market’s 95 E. Houston Street location on April 10  from 10 a.m. to noon. The program costs $30 per child and will include interactive store tours, educational and creative cooking demos, and conversations designed to encourage healthy, adventurous cooking at home, according to Whole Foods.. 

“Children can be intimidated by foods that are unfamiliar to them, which means they often won’t try something they haven’t seen before,” said Mehta. “The Kids Food Adventure will give families fresh ideas to get children interested in trying new food concepts and flavors to make a long-lasting, positive impact on the way they eat. It’s a high five for their palates!”

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