United Capital Business Lending, a subsidiary of BankUnited, announced today that it is providing $1,350,000 in financing to Subwayowner, CCreations LLC. United Capital refinanced eight existing stores for the Indiana-based franchisee, and will also provide funding to relocate and remodel some newly acquired locations. CCreations LLC operates more than 30 Subway restaurants in Indiana and Kentucky.
At the SUBWAY restaurant chain annual convention held in San Francisco in July, Manitowoc Foodservice was the recipient of two distinguished awards that recognized excellence in customer service and innovation.
Sprint and Google are launching the Google Wallet today to all Nexus S 4G customers, an app that enables consumers to transform their phones into their wallets and make purchases with a simple tap.
With the 63rd annual Emmys slated for Sunday, it seems appropriate that the quick-serve industry also celebrate its top awards—from Zagat.
This year’s results of the National Fast Food Restaurant Survey showed that several quick-serve categories are becoming increasingly competitive and that nutrition is more on the minds of consumers.
Despite the negative headlines that the fast food industry tends to generate, a new report shows that the vast majority of opinions about the industry on social media are positive.
A new study by New York City–based research firm Amplicate, “Public Opinion on Fast Food Chains in the U.S. on Social Media,” shows that 70 percent of all opinions posted about the industry on social media in the last year were positive.
Juan Alvarez, CEO of Amplicate, says his firm used a complex system to gather information across Twitter and Facebook about consumer sentiment.
The SUBWAY restaurant chain, an industry leader in providing healthier options for consumers, announced the opening of five new green SUBWAY Eco-Restaurants (with more to come), each designed with environmentally friendly aspects to reduce energy, water, and waste consumption in cost-effective ways.
With the housing market still depressed, food prices on the rise, and unemployment hovering above 9 percent, some economists now fear that the nation is on the verge of entering a second round of recession, if it hasn’t already.
While the prospect of a “double dip” into recession should have restaurant operators concerned, many say the Great Recession that began in 2008 adequately prepared them for the worst.
Zaxby’s has Doris Roberts, Terry Bradshaw, and Ryan Stiles. Subway has Apolo Anton Ohno, Michael Phelps, and Blake Griffin. Now Starbucks and Lady Gaga are teaming up. The question remains, however, whether star power in a quick serve’s marketing efforts can add up to big sales.
To fully harness the powerful influence of a celebrity, experts say, quick-serve operators must clearly define the role of that celebrity, not just go for the instant name recognition.
Boardwalk Fresh Burgers & Fries has finalized three new master franchise deals with experienced developers for 100 new restaurants across Northern New Jersey, Alabama, Indiana, and Kentucky. The three new development agents will open a mix of franchised and sub-franchised restaurants in their respective territories. The deals are the latest in a series of large, master Boardwalk territories secured by seasoned multi-unit restaurant developers. Boardwalk Fresh Burgers & Fries currently has nine restaurants in seven US states, and more than 300 additional restaurants in development.
Subway will be rolling out a limited-time offer, the oven crisp chicken sub, a first of its kind in the industry. The sub is a baked chicken product with the taste of fried chicken, without the fat or the frying. A 6-inch oven crisp chicken sub has only seven grams of fat if ordered on Subway’s new, calcium- and Vitamin D-fortified bread. The oven crisp chicken sub debuts August 15 and is availablue until September 30.