Industry News

After nearly 17 years of owning and operating Auntie Anne’s, Inc., founders “Auntie” Anne and Jonas Beiler have sold the company to President and C.O.O. (and second cousin), Sam Beiler for an...

Charlesbank Capital Partners and Grotech Capital Group bought Captain D’s for $150 million—nearly half of the purchase price will be financed.

“Captain D’s has grown consistently and...

Today, Bruegger’s announced the launch of its new Meals to Go carry-out catering service, featuring an assortment of its most popular menu items. The Meals to Go program will be offered...

CKE Restaurants, Inc. announced today period 12 same-store sales, for the four weeks ended December 27, 2004, for Carl's Jr.(R) and Hardee's(R). Carl’s Jr. experienced an 8.4 percent increase,...
Wendy's International, Inc. today announced preliminary same-store sales for the December period, which consists of the last five weeks of the year ending January 2, 2005. Average same-store...

AFC Enterprises has completed the sale of its Church's brand to an affiliate of Crescent Capital Investments, Inc., an Atlanta-based private equity firm. The agreement to sell Church's was...

Entrepreneur Names Subway Number One Franchise

Today it was announced that Entrepreneur magazine's has--yet again--recognized Subway Restaurants as the number one franchise...

It’s A Grind Coffee House, a national coffee house franchisor, is calling on its colleagues in the coffee industry to join them in supporting the South Asian disaster relief efforts of...

Bally Total Fitness (Taco Bell, Pizza Hut, KFC, Long John Silver's and A...

Beginning today, Jack in the Box® restaurants is tossing a Chicken Caesar Salad into its menu mix. Featuring romaine lettuce topped with diced chicken and Parmesan cheese, and served with a side...

Fast-casual eatery Qdoba, owned by Jack in the Box Inc., filed suit against Moe’s Southwest Grill December 13.

According to the suit, “Moe’s use of the slogan ‘Buck Naked’ to sell its...

Free soft-serve ice cream cones added up to big results for Children’s Miracle Network, as Dairy Queen locations nationwide raised more than $114,000 during Free Cone Day. Donations were...

Having reached the pinnacle of decadence with the recent launch of the 107-grams-of-fat Monster Thickburger, Hardee's is now tipping the scale in the opposite direction with the introduction...

Jimmy John Liautaud, the founder and chief executive officer of Jimmy John’s Gourmet Sandwich Shops, was inducted into the CEO Hall of Fame by the Collegiate Entrepreneurs’ Organization...

Dairy Queen, long known for its treats, is making a move to improve its food standing, better to compete with the likes of McDonald's and Hardee's. Part of this effort is the recently...

Claire Babrowski, senior executive vice president and chief restaurant operations officer for McDonald's, has resigned from the company after 31 years. She was the top woman executive at the...