Industry News

The new restaurant, opened by CPK franchise partner Iris Co. Ltd., is located in the financial district of Seoul.
Total revenues increased 7.3 percent to $203.5 million from $189.6 million last year.
The consulting company's newest report finds that ACF Companies had the highest sales growth in dollars with a total of $95.5 million.
As part of the grand opening celebrations at both locations, Red Robin will donate 50 cents from every burger sale to the local firefighting departments.
Since Rudolph took the company helm in 2005, Rita’s has seen unprecedented growth--33 stores in 2005; 68 in 2006; and 86 to date in 2007.
Global comparable sales were up 6.9 percent while U.S. comparable sales increased 5.4 percent.
The chicken quick-service will launch a high-tech ad campaign to introduce its new Triple Dip Strips to New Yorkers.
Candy Cane Bagels are one of the company's newest menu additions for the holiday season.
The company says its reorganization will ensure franchisees receive the most effective and efficient resources possible.
The company plans to open as many as 10 new units in the Texas market.
Zagat will launch an application on the popular social networking site that allows users to access the Zagat Reviews of participating businesses.
The quick-serve created tailored lesson plans for Florida elementary school teachers. Five thousand students participated.
The company reports net income of $0.03 per share in its first fiscal quarter ended September 23 versus a net loss of $0.10 per share in the same quarter in the prior fiscal year.
Burger King appoints Armando Jacomino, who originally began with the company as a Miami crew member in 1970, to president of the company's Latin America region.
Chipotle is the first national restaurant chain to eliminate rBGH entirely from items on its menu.
The company has merged with BBAC Merger Sub, Inc. The total value of the transaction, including assumed debt, was approximately $38 million.