Industry News

Earl of Sandwich, a new fast-casual sandwich concept whose founders include a direct descendant of the man credited with inventing the sandwich in 1762, has hired former Burger King U.S....

Ultimate Franchise Systems has purchased the Juicy Lucy's Hamburger Drive-Thru Restaurants from HDOS Enterprises. The purchase adds eight restaurants to UFSY's franchise family now...

Kahala Corp. has completed its first acquisition in Australia for an undisclosed price as part of its growth plans in the Land Down Under. Kahala closed on its purchase of Nrgize, a chain of...

AFC Enterprises announced it has signed a definitive agreement to sell its Church's Chicken brand to Crescent Capital Investments, Inc. The deal is for $390 million, comprised of $383 million...

Fatburger is preparing for significant growth, including opening more than 200 company and franchised stores in the next four years. The corporation recently refinanced its debt to maximize...

The owners and operators of Subway's locations on the Pacific Island of Guam were the honored recipients of Legislative Resolution No. 133 presented on behalf of the people of Guam by Senator...

Sailormen, Inc., the largest domestic franchisee of Popeyes Chicken and Biscuits, is running an interesting voter awareness campaign. Any registered voter who brings in his or her voter...

Marcia Schroeder of Sheboygan, Wisconsin, landed on Boardwalk and Park Place to win the $1 million dollar cash prize from the MONOPOLY Best Chance Game 2.0 at McDonald's. Schroeder won by...

The Taco Bell target is back. And once again, if a home run strikes said target in this year's World Series between the Red Sox and the Cardinals, every person in the U.S. can eat a free taco...

Wingstop Restaurants has opened its 200th store. The milestone occurred at 5045 West Tropicana, Ste. 110 (at Decatur) in Las Vegas.

The 200th Wingstop, which opened on Oct. 15, is owned...

In an unusually gloomy report yesterday, Smith Barney restaurant research analyst Mark Kalinowski downgraded Wendy’s (NYSE: WEN) stock to “sell” as he predicts a surprisingly sluggish fourth...

Government documents have described CKE Restaurants, parent company of Hardee's and Carl's Jr., as "the victim of a corporate extortion scheme."

As a result, the United States Attorney in...

Yum! Brands today announced the appointment of David Deno, 47, as Chief Operating Officer, reporting to Chairman and CEO David Novak. Deno replaces Aylwin Lewis, who has resigned to become...

La Madeleine announced today that CEO Wally Doolin will be leaving the company effective November 1, 2004, to accept the chairman and CEO appointments with casual Italian chain Buca, Inc....

New World Restaurant Group announced yesterday that it has repositioned its Einstein Bros. bagel concept as Einstein Bros. Cafe. The new concept offers a lunch and dinner menu "with a...

Starbucks president and CEO Orin Smith will retire effective March 31, 2005. Smith, 62, will be succeeded by Jim Donald, president of Starbucks' North American business.

"It is with both...