Buoyed by improved earnings and international growth, the quick-serve industry as a whole saw its stock values handily beat the overall market in 2011 and perform much better than the rest of the restaurant industry.
The Wendy’s Company today announced the grand opening of the first joint venture Wendy’s restaurant in Japan, located in Tokyo’s Omotesando area.
Starting with Tokyo, Wendy’s Japan LLC plans a national rollout of restaurants in the coming years. Wendy’s Japan plans to open approximately 100 Wendy’s restaurants within the next five years and estimates the long-term market potential to be about 700 restaurants.
Wendy’s Japan LLC was established earlier this year as a joint venture between Wendy’s and Higa Industries Co., Ltd.
Consumers on Cyber Monday weren't just buying Christmas gifts online – they were buying a lot of pizza.
Domino's Pizza vows to stop the trend and put an end to the days of skimpy cheesing, today launching a new line of Stuffed Cheesy Bread that stands boldly above the rest of the cheesy bread world.
America deserves more cheese, and with the help of a newly innovated product line, Domino's is delivering.
Each of the three Stuffed Cheesy Bread varieties debuting today is stuffed inside and out with the same amount of cheese as a Domino's medium cheese pizza.
While national unemployment remains at a steady 9 percent, many companies are planning to repeat their annual hiring surge to support this year’s holiday season.
Quick-service restaurants will play a visible role in the effort.
According to Chicago-based staffing consultants Challenger, Gray & Christmas, about 625,000 seasonal workers are expected to be hired in 2011. Though seasonal hiring levels remain short of prerecession highs, the holiday hiring outlooks are more cheerful for 2011 than it has been since 2007.
Domino's Pizza, is gearing up to raise "dough" for the kids of St. Jude Children's Research Hospital during its 8th annual Thanks and Giving campaign.
Starting Nov. 14, Domino's customers will have the opportunity to make a donation to benefit the children of St. Jude. Donations can be made when ordering over the phone, in stores or online at www.dominos.com. Customers also have the option to text "PIZZA" to 50333 to donate $5 to St. Jude.
Papa Murphy’s International, America’s take ‘n’ bake pizza leader and fifth largest pizza chain in the U.S., announced the company’s President Ken Calwell will assume the position of Chief Executive Officer, effective Dec. 31, 2011.
Current CEO John Barr will remain Papa Murphy’s Chairman of the Board and will hand over day-to-day executive duties to Calwell.
In late August, Hurricane Irene was churning in the Atlantic Ocean. Having already pummeled Puerto Rico, the powerful storm turned toward the U.S. East Coast, threatening much of the Mid-Atlantic region and keeping meteorologists guessing as to where exactly it might make landfall.
But Irene scared more than just weathermen and beach vacationers; quick-serve executives were also keeping a close eye on the storm’s path to gauge which of their stores could be impacted, and how much of a disruption it would create in their supply chains.
Earlier this year, the city of Cleveland banned added trans fats at restaurants citywide. But the ban didn’t stand; the state of Ohio banned the ban in its proposed state budget, adding an amendment that would prevent municipalities from regulating ingredients quick serves could use.
The battle in Ohio marks a new twist in the debate over who has the right to legislate food in lieu of a federal regulation: cities, states, or nobody at all.
Four leading franchise professionals have been newly elected to the International Franchise Association Board of Directors and will assume their positions February 14, 2012, at the conclusion of the IFA 52ndAnnual Convention in Orlando.