Industry News

New York-based restaurant company, Cosi, Inc. (NASDAQ: COSI) will open 4 restaurants in the Chicagoland area within the next few months.

Cosi all day cafes will be opening at 15131 South...

AmeriKing, Inc., one of the largest independent BURGER KING® franchisees headquartered in Westchester, Illinois, today announced that it has commenced voluntary bankruptcy proceedings under...

New World Restaurant Group. Inc. (Pink Sheets: NWCI) today announced that it has completed arrangements with six regional custom distributors to supply product to approximately 700 locations...

Cinnabon®, Inc., a subsidiary of AFC Enterprises, Inc. (NasdaqNM:AFCE), announced it has signed an agreement with Sun-Maid® Growers of California to license Cinnabon Cinnamon Bread for...

Papa John's International, Inc. (Nasdaq: PZZA) today announced domestic systemwide comparable sales for the four weeks ended November 24, 2002 increased 1.5% (composed of a 4.7% increase at...

Starbucks Corporation (Nasdaq: SBUX) today reported consolidated net revenues of $301 million for the four-week period ended November 24, 2002, an increase of 27 percent from consolidated net...

Dow Jones Newswires reports today that Burger King franchisees have given their backing to the 99 cent Whopper promotion in January.

The vote, which required a two-thirds majority, passed...

Good Times Restaurants Inc. (Nasdaq Smallcap: GTIM) today reported its results for the quarter and fiscal year ended September 30, 2002.

Total revenue increased to $17,536,000 from $16,646...

CKE Restaurants, Inc. announced today its partnership with the Dream Foundation, the largest national organization providing final wishes to terminally ill adults. As a major restaurant...

Briazz, Inc. (Nasdaq:BRZZ) today announced it has been granted a written hearing regarding the Company's Nasdaq National Market listing.

Nasdaq has notified Briazz that a written hearing...

AFC Enterprises, Inc. (Nasdaq: AFCE) today announced that the company purchased the remaining 838,637 shares of AFC common stock held by longtime shareholder PENMAN Private Equity and...

The Wall Street Journal today is reporting that McDonald’s plans to begin accepting credit cards at locations nationwide sometime in 2003.

Although other chains and some franchises have...

Triarc Companies, Inc. (NYSE: TRY) announced today the United States Bankruptcy Court for the Southern District of New York has confirmed Triarc's plan of reorganization pursuant to which...

Burger King Corporation will extend its celebration of African American heroes with its search for "BK Urban Everyday Heroes," unsung individuals who have made outstanding contributions to...

In an ongoing exchange of menu price changes, Burger King Corporation announced last week it was lowering the price of its double cheeseburger to 99 cents.

Upset over McDonald’s...

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) today reported financial results for the three months ended November 3, 2002, the Company's third quarter of fiscal 2003.

Net income for the third...