CKE Inc., parent company of Carl’s Jr. and Hardee’s, announced that an affiliate of Roark Capital Group entered into a definitive agreement to acquire a majority stake in the company with senior management retaining a minority stake. CKE is currently majority-owned and controlled by investment funds affiliated with Apollo Global Management, LLC. Terms of the transaction were not disclosed. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory approvals and other customary closing conditions.
The best drive thrus run like machines. Simple goals are met over and over: Orders go out quickly, the food is delivered fresh, and the right orders get to the right cars. But in the drive thru, pressure can run high and the smallest mistakes can prove catastrophic, backing up lines and spelling disaster for both customers and the restaurant’s bottom line.
Quick-service operators are launching seasonal menu items earlier this fall in an effort to beat their competition to the punch. From pumpkin doughnuts to caramel apple frozen yogurt, fall-flavored menu items are popping up across the industry even before the season has officially begun.
“We usually launch [fall products] in October. But this year, for the first time, we are bringing them out in September,” says Lafeea Watson, spokeswoman for Krispy Kreme. “That’s what the industry seems to be doing.”
The history books detailing the recent Great Recession will include plenty of obvious chapters: the subprime mortgage crisis, Wall Street bailouts, housing bubbles, and skyrocketing unemployment. But those volumes might miss a less visible element of the economic collapse: the crippling credit market that wreaked havoc by bringing business growth to a near standstill.
Carl’s Jr. ups the ante on its premium menu offerings with two indulgent, new salads: the Cranberry Apple Walnut Grilled Chicken Salad and BBQ Ranch Grilled Chicken Salad. Featuring a variety of delicious ingredients, tastes, and textures, the new salads join the Original Grilled Chicken Salad on the menu and are available at all Carl’s Jr. locations.
Boasting six slices of bacon, the new Super Bacon Cheeseburger is available now at all Hardee’s and Carl’s Jr. locations. The newest premium burger offering from Carl’s Jr. and Hardee’s is part of the restaurants’ promotional tie-in with Warner Bros. Pictures’ release of “Man of Steel,” in theaters June 14.
The Super Bacon Cheeseburger features a charbroiled beef patty, American cheese, mayonnaise, tomato, onion, lettuce, and six full bacon strips. Prices start at $3.99 and may vary by location.
Panasonic announced that the Attune drive-thru communications system is now certified by CKE Restaurants for use in Carl’s Jr.and Hardee’s locations across the nation.
Panasonic’s Attune has met the rigorous certification standards set forth by CKE and is now available for franchisees to purchase. Attune enhances customer satisfaction through improved speed of service and order accuracy in the drive thru.
Carl’s Jr. and Hardee’s present a smokin’ new addition to their lineup of Made from Scratch Biscuits with the Hillshire Farm Smoked Sausage, Egg & Cheese Biscuit.
Previously a limited-time offer at Hardee’s, the popular breakfast menu item is back and now available at all Hardee’s restaurants and at all Carl’s Jr. locations that serve Made from Scratch Biscuits.
CKE Restaurants Holdings, parent company to Carl’s Jr.and Hardee’s restaurant chains kicks off its third-annual Stars for Heroes fundraising campaign this week at participating restaurant locations.
The program harnesses the national reach of both brands and the generosity of its customers, franchisees, and company employees to rally behind the nation’s military veterans and families.
In yet another fast food first, Carl’s Jr. and Hardee’s will begin selling burgers with the taste of a branded, distilled spirit when they introduce the new Jim Beam Bourbon Burger.