Industry News

Starbucks Coffee Company (Nasdaq:SBUX - News) announced today that David A. Pace has been named executive vice president, Partner Resources, effective July 26th. In this position, Pace leads the...
McDonald’s Holding Co. (Japan) announced this morning that sales 3, 800 stores increased for the first time since January. For Monday, August 5th, the company reported a 2.3 percent increase from...
Panera Bread Company (Nasdaq: PNRA - News) today reported that system-wide comparable bakery-cafe sales (excluding the one specialty bakery-cafe and closed locations) increased 5.2% for the four...
Rubio's Restaurants Inc. today announced that revenue of $30.7 million for the 13 weeks ended June 30th, 2002 increased 6.2% over revenue of $28.9 million for the same period last year. Year-to-...
Starbucks Coffee Company launched the only large-scale market test of "Starbucks Express" today in Denver. Starbucks Express is a new service that allows customers to order and pay for their...
Today, McDonald's Corporation (NYSE: MCD - News) announced it will redeem all its 6-5/8 percent notes due September 1, 2005.

The notes will be redeemed at 100 percent of the principal amount...

New World Restaurant Group has dismissed Arthur Andersen LLP as its independent auditors. The accounting firm of Grant Thornton LLP will now serve as New World’s independent auditors.

The...

Relief is just around the corner for San Antonians tired of trekking to Austin for fresh Krispy Kreme doughnuts.

Krispy Kreme Doughnuts Inc. announced that their traditional "Hot Doughnuts...

Jack in the Box Inc. operator and franchiser of Jack in the Box restaurants, today announced that net earnings for its third quarter ended July 7th increased 15 percent to $24.2 million, or 60...
Allied Domecq CEO Jack Schafer celebrated the company's first listing on the New York Stock Exchange (symbol "AED") by ringing the ceremonial opening bell this morning. Representatives from...
Starbucks Coffee Company, the Ford Foundation, Oxfam America, and CEPCO (Oaxacan State Coffee Producers Network), announced today their collaboration in a unique pilot project to help small-scale...
KFC and HMSHostCorporation, the travel industry's concession leader, have agreed to partner in developing an express version of KFC, to be called KFC Express. The new concept will be located in...
America's top three quick-serves and KFC have been sued in a New York state court for allegedly posting "irresponsible and deceptive nutritional information " and creating a "de facto...
. Diageo Plc announced this morning that it has agreed to the sale of Burger King Corporation to a group composed of Texas Pacific Group (TPG), Bain Capital and Goldman Sachs Capital...
DUBLIN, Ohio—July 25, 2002—Wendy's International, Inc. announced today strong systemwide and same-store sales and earnings results for the second quarter of 2002, which ended on June 30, and that...
Despite lackluster sales in the States, McDonald's Corp. was able to announce that after six consecutive quarters of declining quarterly earnings, the company's net income actually increased, by...