Industry News

Allied Domecq CEO Jack Schafer celebrated the company's first listing on the New York Stock Exchange (symbol "AED") by ringing the ceremonial opening bell this morning. Representatives from...
Starbucks Coffee Company, the Ford Foundation, Oxfam America, and CEPCO (Oaxacan State Coffee Producers Network), announced today their collaboration in a unique pilot project to help small-scale...
KFC and HMSHostCorporation, the travel industry's concession leader, have agreed to partner in developing an express version of KFC, to be called KFC Express. The new concept will be located in...
America's top three quick-serves and KFC have been sued in a New York state court for allegedly posting "irresponsible and deceptive nutritional information " and creating a "de facto...
. Diageo Plc announced this morning that it has agreed to the sale of Burger King Corporation to a group composed of Texas Pacific Group (TPG), Bain Capital and Goldman Sachs Capital...
DUBLIN, Ohio—July 25, 2002—Wendy's International, Inc. announced today strong systemwide and same-store sales and earnings results for the second quarter of 2002, which ended on June 30, and that...
Despite lackluster sales in the States, McDonald's Corp. was able to announce that after six consecutive quarters of declining quarterly earnings, the company's net income actually increased, by...
The buyout deal between Diageo PLC and Texas Pacific is nearing a close, according to The Wall Street Journal. Inside sources told reporters at the Journal that the two groups are...
Taco Bell is going where no brand has gone before. The same people who brought you the Mir space station "free taco" offer and tried to buy the Liberty Bell have become the first company to adopt...
In the midst of celebrating its 65th anniversary, Krispy Kreme Doughnuts, Inc. opened its first store in Palm Beach County this morning at 5:30 a.m. The new store will be located in West Palm...
AFC Enterprises, Inc., the franchisor and operator of Popeyes Chicken...
Friday afternoon, Moody's Investors Service issued a release revising its outlook for CKE Restaurants, Inc. from negative to stable. Moody's also confirmed all ratings for the approximate $350...
After reviewing International Automated Systems Inc 's new revolutionary self-service fast-food express lanes, called OrderXCEL, Harman's Management Corp. has agreed to test the system in one of...
For a bit less than a value meal, Hong Kong patrons can now choose from a menu of their native dishes at a local McDonalds. On Monday, McDonald's Hong Kong announced that it will begin...
According to Advertising Age,Burger King announced yesterday that within the next three months it will transfer approximately $250 million of its advertising business to two new...
SureBeam Corporation— innovator of the electron beam technology that safely removes dangerous bacteria from food —announced today that American Dairy Queen Corporation (ADQ) is expanding the use...