Industry News

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...

Montana Mills Bread Co., Inc. announced on Friday the signing of a definitive merger agreement with Krispy Kreme Doughnuts, Inc. The merger, which was approved by a majority of the...

Closing 2002 with a strong demand from experienced restaurant franchisees, Del Taco announced on Friday that it has signed five new development agreements in December 2002 for a total of 31 new...

Super Bowl XXXVII will have a distinct Baja flavor this year as the premiere game festivities tap San Diego's own Rubio's Fresh Mexican Grill to provide thousands of ravenous football fans...

. Starbucks Corporation announced on Thursday record revenues and earnings for its fiscal first quarter ended December 29, 2002.

For the 13 weeks ended December 29, 2002, consolidated net...

AFC Enterprises, Inc. announced Thursday that Chris Elliott has been named president of Cinnabon®. Elliott has served as interim president since last June. His promotion is effective immediately...