Industry News

Winston-Salem, NC—May 15, 2002— Industry reports say that Krispy Kreme Doughnuts, Inc. plans to increase its new store openings in fiscal year 2003 from 59 to 62 due to strong sales in the first...
Milwaukee, MN—May 16, 2002—According to the Milwaukee Journal Sentinel, Tricon Global Restaurants, Inc. may be looking to either purchase or ally with an existing quick-service sandwich or...
FORT LAUDERDALE, FL.—May 16,2002—Health Express USA (OTCBB:HEXS), the fast-food restaurant franchise known for its gourmet health food, has appointed Russ Lo Bello as its new president. Lo Bello...
Louisville, Kentucky—May 2002 -- Tricon Global Restaurants, Inc. (NYSE:YUM) on May 16 announced it received shareholders' approval to change its corporate name to Yum! Brands, Inc. The company's...
IRVINE—Calif., May 15, 2002—The Orange County Register reported today that Latin Intellectual Properties Inc., will pay $15 million to buy the 14-restaurant Hamburger Hamlet chain from...
ROME, GA—May 15, 2002—The Chick-fil-A-sponsored WinShape Centre Foundation and Berry College held a special ceremony today to celebrate the ongoing conversion of the college's Normandy Complex...
IRVINE, Calif.— May 14, 2002—Taco Bell(NYSE:YUM) today announced an unprecedented sponsorship deal in support of ESPN's X Games. The agreement, which begins this summer and continues through the...
SAN DIEGO—May 13, 2002—On Friday, May 10th, Jack in the Box Inc.'s (NYSE:JBX) Board of Directors authorized an increased common stock repurchase program, in which the company can buy back $30...
NEW YORK—May 9, 2002— Reuters Newswire reported yesterday that Diageo Plc executives told attendees at the Goldman Sachs Global Consumer Conference on Wednesday that the up-for-sale Burger King...
ST. LOUIS—May 9, 2002 —Panera Bread Company (Nasdaq: PNRA ) today reported that system-wide comparable bakery-cafe sales (excluding specialty bakery-cafes and closed locations) increased 5.6% for...
AUSTIN, Texas—May 9, 2002—Schlotzsky's, Inc. (Nasdaq:BUNZ) today announced results for the first quarter ended March 31, 2002 that reflect the Company's continuing emphasis on profitability, cash...
SAN DIEGO—May 8, 2002—Jack in the Box Inc. (NYSE: JBX -), operator and franchiser of Jack in the Box restaurants, today announced that net earnings for its second quarter ended April 14th...
DES MOINES, Iowa —May 8, 2002— As of yesterday, Tricon Global Restaurants (NYSE: YUM) has added over 2,000 new restaurants to its stable. The parent company of KFC, Pizza Hut, and Taco...
GOLDEN, Colo.--May 8, 2002--Good Times Restaurants Inc. (Nasdaq SmallCap:GTIM) today announced that its same store sales for the month of April increased 12.5% over last year's April same store...
STUDIO CITY, Calif. and NEW ORLEANS--May 7, 2002-- Wendy's will serve as presenting sponsor for Hallmark Channel's upcoming original series "Adoption" which will premiere on the network Saturday...
Louisville, KY—May 7, 2002—Eight-time Gold Glove recipient and four-time league MVP, Barry Bonds will join KFC pitchman, Jason Alexander, in two new television and radio spots promoting KFC's...