Industry News

In an effort to reach consumers and potential franchisee applicants and boost brand awareness of its new ``Full Life™'' marketing campaign, Church's Chicken™, a division of AFC Enterprises,...

After months of searching for a suitable buyer and a revised agreement with the purchasing group, Diageo PLC has finalized the deal to sell Burger King Corporation to a consortium made up of...

YUM! Brands, Inc. (NYSE:YUM) today reconfirmed its earnings expectation for 2002 of at least $1.89 to $1.91 in ongoing operating earnings per share (EPS) representing a 17% to 19% increase...

CKE Restaurants (NYSE: CKR) announced yesterday results for fiscal year 2003 third quarter.

Earnings per share were up sharply at $0.16 per diluted share compared with a loss of $0.03 per...

Allied Domecq PLC (NYSE: AED) announced yesterday that Jon L. Luther, president of Popeyes Chicken and Bisquits, would take the helm of Allied Domecq Quick Service Restaurants (ADQSR).

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The Steak 'n Shake Company (NYSE: SNS) and its auditors have concluded that the accounting for leases arising from build-to-suit and sale and leaseback transactions should be changed to more...

Yum! Brands, Inc., (NYSE:YUM) announced on Thursday the promotion of Steve Davis, 44, as president and chief operating officer of Long John Silver's, replacing interim president Ron Powell,...

Jack M. Greenberg, chairman and chief executive officer of McDonald's Corporation (NYSE: MCD) announced last Wednesday his decision to retire after 21 years of service to the company,...

Wendy's International, Inc. (NYSE: WEN) announced on Friday positive sales in November for both its Wendy's® and Tim Hortons® brands.

=During period 11, which ended on December 1, 2002:...

CKE Restaurants, Inc. (NYSE: CKR) announced today period 11 same-store sales for the four weeks ended December 2, 2002, for each of its major brands -- Carl's Jr., Hardee's and La Salsa.

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McDonald’s is teaming up with Walt Disney Pictures’ latest animated feature film, Treasure Planet. From November 21 through December 19, McDonald’s will feature special packaging and...

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...