Industry News

Fitch Ratings on Friday cut its rating for Aramark Corp. citing a higher debt burden after the company's leveraged buyout.

Aramark, which operates businesses including food service, uniforms...

McDonald's Corp. said on Thursday same-store sales--a key gauge of a retailer's performance--rose 4.9 percent in January on growing demand in Europe.

McDonald's same-store sales jumped 6.8...

Red Robin Gourmet Burgers, Inc., a casual-dining restaurant chain focused on serving high-quality gourmet burgers, will host a conference call on Thursday, February 22, 2007, at 5:00 p.m. Eastern...
Whataburger Chairman and CEO Tom Dobson announced today the promotion of COO and Executive Vice President Preston Atkinson to President of the family-owned burger chain which got its start more...
McAlister’s opened 43 franchised restaurants in 2006 when systemwide sales surpassed $255 million. But its sights are set even higher for 2007.

Building on the success of last year,...

In declining the Immokalee Workers’ (CIW) “penny per pound” request, Burger King issued the following statement on February 5, 2007:

Over the course of the past year and a half, Burger King...

Concerned about those heart-damaging trans fats in your food? "Absolutely," Shelley Boisvert says. "But evidently not enough," she adds with a rueful laugh, polishing off an order of fries in a...
The board of directors of Hot Stuff Foods, LLC, an international food service provider, announced today that John Fontana will be the new CEO of the company.

“I am extremely excited about...

Taco John’s International Board of Directors has appointed Barry Sims as the company’s new president. Sims replaces Paul Fisherkeller, who will remain on as Taco John’s chief executive officer...
Cinnabon®, Inc.,opened its first Aruba bakery, located in Oranjestad at Riena Beatrix International Airport today.

"We are very excited that the Aruba market represents a significant...

Super Suppers, the leading meal assembly company in the United States, is introducing its new Super Suppers Curbside-To-Go service at participating locations nationwide, offering the same...

Pizza Hut today announced the launch of a new, interactive advertising campaign using hidden text codes. The new campaign, the “Cheesy Hunt” combines traditional television advertising with an...
Burger King Corporationhas begun in-restaurant testing with several trans fat-free cooking oils, it was announced today by John Schaufelberger, vice president of product marketing and innovation...
McDonald's today introduced a new snacking options for customer, the new Honey Mustard Snack Wrap. In addition to the new flavor, McDonald's portable wraps are now available in both grilled and...
Hot Dog on a Stick (HDOS) regretfully announced the death of its president and CEO Fredrica Thode. Thode passed away Jan. 13 after battling an advanced case of Amyotrophic Lateral Sclerosis (ALS...
Burger King Holdings Inc. today announced that it will retire an additional $25 million in debt on Tuesday, Jan. 30, using cash generated from operations. During the first seven months of the...