BOSTON --(BUSINESS WIRE)-- UFood Restaurant Group, Inc. (OTCBB: UFFC) announced today that it has signed a Master License agreement with premier travel retailer Hudson Group (HG) Retail LLC for the expansion of its UFood Grill concept to 10 additional US airports.
UFood Grill currently operates fast casual restaurants in Boston's Logan International Airport and the Dallas Fort Worth International Airport, two of the busiest airports in the world. The company recently entered into a franchise agreement for a location at Cleveland-Hopkins International Airport.
UFood, whose slogan is "Feel great. Eat Smart," specializes in cuisine that contains "better-for-you" versions of traditional fast food favorites. Offerings include healthy, low-fat dishes made with natural and organic ingredients, fresh produce, whole grains and light cheeses and dressings. All UFood menu items are baked, grilled or steamed; nothing is fried. In addition, nutritional information for each food item is accessible and accurate.
Hudson Group expects this agreement to strengthen its position in the burgeoning "healthy eating" segment of the Food & Beverage market. "Our market surveys have shown that travelers are concerned about maintaining their diet regimens, even in the hurried airport environment," notes Joe DiDomizio, president and CEO of Hudson Group. "UFoods' niche – providing healthful and flavorful dining alternatives throughout the day – is a great example of Hudson's ongoing service mission: being the traveler's best friend. In this case, by offering them a wide selection of healthful, great tasting eating options and treats like their fat-free fruit Smuuthies™ and UBerry, a tartly delicious non-fat soft serve yogurt."
George Naddaff, chairman and CEO of UFood Grill says: "We are proud of our company's record of providing flavorful, healthful alternatives to diners. We are delighted to be associated with Hudson Group, a highly respected retailer that caters to travelers in airports and transportation terminals throughout North America. By signing this Master License for 10 airport locations, we are ensuring our future success in airports.
About UFood Restaurant Group, Inc.: Headquartered in Boston, Food Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the "better-for-you" quick-serve restaurant category. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and Ranch*1. Mr. Naddaff has a veteran management team with a successful record in the franchise market. UFood is currently launching a growth plan to franchise nationwide. Interested investors should email firstname.lastname@example.org to be added to the UFood Restaurant Group email distribution list.
About Hudson Group: Hudson Group is a duty-paid travel retailer, a wholly-owned subsidiary of international duty-free travel retailer Dufry AG (DUFN) of Basel, Switzerland. Hudson operates more than 580 newsstands, bookstores, cafes and premier specialty retail shops in some 70 airports and transportation terminals in the United States and Canada. The combined Dufry/Hudson entity oversees over 1,000 stores in 41 countries and 137 airports and terminals.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on our sole supplier, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.