Industry News

Irvine, Calif.—June 20, 2002—Taco Bell today turned up the volume with a $15 million advertising commitment on the MTV Network. The agreement puts Taco Bell center stage as the exclusive quick-...
According to reports published by Reuters a management team led by Burger King chairman John Dasburg and backed by Texas Pacific Group is nearing the close of a $2.3-billion deal to...
Louisville, Ky—June 20, 2002—Yum! Brands, Inc. today reported that during the four-week period ended June 15, 2002 (Period 6), estimated U.S. blended same-store sales at company restaurants...
Golden, Colo—June 19, 2002—Boston Market Corporation, the fast-casual restaurant chain known for its home-style meals, has refreshed eighty-six of its New York City tri-state Area restaurants in...
San Diego, Ca,—June 18, 2002—This morning, Jack in the Box Inc. (NYSE:JBX) raised its earnings forecasts for the third quarter to 60 cents per share, a 3 cents rise for earlier estimates. The...
St. Louis, Missouri—June, 18, 2002—Hardee's Food Systems, Inc. this month introduces its newest product offering, the Philly Roast Beef Sandwich. The sandwich is the chain's latest offering to...
Anaheim, Calif—June 17, 2002—Carl's Jr. plans to offer three new menu items beginning Wednesday, June 19th. For a limited time only, participating Carl's Jr. restaurants will offer the Grilled...
New York, NY—June 17, 2002—According to the Strait Times Burger King has joined with its number one competitor McDonald's and several other food and foodservice company to create a program...
Oak Brook, Ill.—June 17, 2002—McDonald's Corp. announced that it expects its second quarter results to rise for the first time in six consecutive declining quarters. Jack Greenberg, Chairman and...
Dallas, TX— June 17, 2002—Burger King Corporation today awarded the Army and Air Force Exchange Services (AAFES) with an Award of Excellence for "its ceaseless efforts to support U.S. servicemen...
New York, NY—June 17, 2002—The New York Times recently ran a story about a local New York City McDonald's operator, Irwin S. Kruger, who has begun making and serving bite-sized doughnuts...
Dallas, TX —June 14, 2002—To make reading a fun experience this summer, BOOK IT! and the Center for the Book in the Library of Congress, who have partnered to encourage families to read aloud...
Charlotte, N.C.—June 13, 2002—Yesterday, Charlotte-based Bojangles' Restaurants, Inc. appointed Joseph Drury, former CEO of Wendy's, as CEO and chairman. Upon his appointment, Drury announced that he plans to...
June 13, 2002— Reuters recently reported that McDonald's is seeking to hire a new CEO to take over its Chipotle fast-casual Mexican concept. According to Reuters, current Chipotle...
Louisville, Ky.—June 12, 2002- Yum! Brands Inc., parent company of such popular quick-serve brands as KFC, Taco Bell, and A...
Golden, CO—June 11, 2002—Just as the company marks it 15th year in business, Good Times Burgers today that announced that it plans to revamp the exterior of its stores. Good Times says its hopes...