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industry headlines

Boston Market Adds Two Industry Vets to Leadership

2015-08-26 Boston Market, a national fast-casual chain specializing in quality home style meals, has hired two restaurant industry veterans to join the leadershi...

Coffee Bean & Tea Leaf Expands Into China

2015-08-24 The Coffee Bean & Tea Leaf, Southern California’s oldest and largest privately held specialty coffee and tea retailer in the U.S., announces the s...

Fazoli's Franchisees Report AUV's Exceeding $1 Million

2015-08-24 Fazoli’s franchisees continued to report record sales growth for July, with average unit volumes exceeding $1 million.

GE Capital's Franchise Finance Supports 77 Jamba Units

2015-08-05 GE Capital’s Franchise Finance business announced today that it has loaned $11 million to Vitaligent, LLC for the acquisition of 77 Jamba Juice units,...

Pei Wei Now Offers Apple Pay

2015-08-05 Fast-casual restaurant Pei Wei now offers diners access to Apple Pay, which is transforming mobile payments with an easy, secure, and private way to p...

Independent Restaurants Drop 3 Percent

2015-08-04 A 3 percent drop in independent restaurant unit counts compared to year ago brought the total U.S.

50 Carolina Hardee's Refinanced, Reimaged

2015-08-04 GE Capital’s Franchise Finance business announced that it has provided a $30.7 million loan to Serazen LLC to refinance debt and to acquire and reimag...

Pita Pit Chooses PAR's Brink POS For Stores Nationwide

2015-08-04 PAR Technology Corporation announced today that Pita Pit USA has selected PAR’s Brink POS software and service solutions for its 250 restaurants throu...

UFood Rolls Out "Lean and Mean" Franchise Incentive Deal

2015-08-04 Many franchisors are “obese” with the franchise fees they charge.