Industry News

Krispy Kreme Doughnuts, Inc. announced today that on Friday, February 7, 2003, an arbitration panel entered an award against its franchisee in Northern California, Golden Gate Doughnuts, LLC, and...
Today Del Taco announced its 13th consecutive year of same store sales growth, an accomplishment bolstered by the additional news that average unit volume in 2002 surpassed the $1 million mark....
Joe Croce, 44, founder, president, and CEO of CiCi's Pizza, has announced his plan to franchisees that as of July 1, 2003, he will be bowing out of any active role within the company....
Papa John's International, Inc. (Nasdaq: PZZA) today announced that domestic systemwide comparable sales for the four weeks ended January 26, 2003 increased 1.8% (composed of a 0.9% increase at...
Burger King Corporation today announced the launch of the Burger King Franchisee Financial Restructuring Initiative to address the financial challenges of financially distressed franchisee...
Wendy's has announced preliminary same-store sales for January 2003, the period that ended on February 2.

Wendy's U.S. company-owned stores were down 3.5 percent, while franchised locations...

Wendy's International, Inc. (NYSE: WEN) announced strong financial results for the year ended December 29, 2002. Highlights include:

  • Systemwide sales grew 12.7% to a record $9.4...
. Despite encouraging international same-store sales numbers (a 11 percent increase after factoring in the currency exchange), Yum! Brands, Inc. had a less than merry holiday season.

The...

CKE Restaurants, Inc. and Coca-Cola Fountain today announced several changes to their partnership with a new 5-year agreement, extending their more than 20-year relationship.

Under the...

Carl's Jr. today introduced a twist to the chain's award-winning Six Dollar Burger campaign—The Guacamole Bacon Six Dollar Burger. The restaurant style burger will be available for a limited...

Panera Bread Company today announced that William W. Moreton, executive vice president and chief financial and administrative officer, has decided to leave the company effective March 31, 2003....
Wingstop Holdings, Inc., a corporation newly formed by Hartz Restaurants International, Inc. and Gemini Investors Inc., has purchased Wingstop Restaurants Inc., a chain of chicken wing eateries,...
The National Restaurant Association announced its strong support for "The Personal Responsibility in Food Consumption Act" introduced by Congressman Ric Keller (R-FL) yesterday. The legislation...
Papa Murphy’s International, the nation’s largest take and bake franchise announced today the appointment of Mark Laramie to the position of president.

"In the eight months that Mark has...