Industry News
Roark Capital Group, an Atlanta-based private equity firm, announced that its affiliates have acquired Il Fornaio (America) Corporation, owner of Corner Bakery Cafe and Il Fornaio Restaurants and Bakeries. Beginning in 1991 as a small bread bakery in Chicago, Corner Bakery Cafe has emerged over the...
Industry News
Wendy’s/Arby’s Group, Inc. announced a definitive agreement for the sale of Arby’s Restaurant Group, Inc. to a buyer formed by Roark Capital Group. Wendy’s/Arby’s Group will retain an 18.5 percent ownership interest in the Arby’s business. Atlanta-based Arby’s is the second largest quick-service...
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Denise Lee Yohn: QSR's Marketing Guru
*/ Kelly’s Roast Beef Headquarters: Saugus, MassachusettsFounded: 1951Number of units: 6 In its 60 years of operation, Kelly’s Roast Beef has become a Massachusetts good-eats legend. It began in 1951 with Frank McCarthy and Raymond Carey Jr. as a family owned hotdog stand that happened to sell...
TCBY
Industry News
Does he throw the perfect curve ball? Build the biggest fort? Catch monster fish? Grill the best burger in town?  If you answered yes to any of these amazing dad feats, than you have a Super Dad in your house! TCBY wants to thank Super Dads across the country for all that they do with a free small...
The Google Wallet lets customers pay at quick serves using their smartphone.
Web Exclusive
Google recently announced its latest innovation to considerable fanfare, but it’s not just techies that will have a watchful eye on its development—the quick-serve industry will, too. According to the company, Google Wallet—an app that will give smartphones the payment capabilities of a physical...
Taco Bell CEO Greg Creed is defending the reputation of his popular brand.
Executive Insights
A group of cartoon superheroes dubbed the Super Delicious Ingredient Force that lives in a “Fortress of Flavor” will never be the stars of a marketing campaign for Panera Bread. Chipotle CEO Steve Ells will never say that a $2.69 taco is expensive. And it’s highly unlikely that McDonald’s will...
Biff Burger, once a fast food empire, is down to just two stores.
Web Exclusive
On May 3, the fast food restaurant Beef Burger in Greensboro, North Carolina, celebrated its 50th anniversary by offering customers burgers for 50 cents. “We had a line from the window all the way out the back door and all the way across the back parking lot,” owner Ralph Havis says. “I thought we’...
These fast food franchises offer best franchise deals for investors.
Denise Lee Yohn: QSR's Marketing Guru
For some, it’s an average sales-to-investment ratio nearing 2:1, dedicated corporate support that helps franchisees succeed, or a distinctive niche that carries marketplace allures. For others, a good franchise deal boasts recent growth despite the nation’s economic woes, stable leadership that...