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industry headlines

Pizza Patrón Reports Record Sales

2015-09-23 Pizza Patrón reported that from January 1 thru mid-September 2015, 46 percent of its stores set all-time sales records—the best performance in the com...

Willie's Grill & Icehouse Receives Private Equity Infusion

2015-09-16 CIC Partners, a Dallas-based private equity firm, announced a majority investment in Willie’s Grill & Icehouse.

Newk's Welcomes New Chief Financial Officer

2015-08-31 Newk’s Eatery has named Robert Nygren the brand’s new chief financial officer.

Boston Market Adds Two Industry Vets to Leadership

2015-08-26 Boston Market, a national fast-casual chain specializing in quality home style meals, has hired two restaurant industry veterans to join the leadershi...

Coffee Bean & Tea Leaf Expands Into China

2015-08-24 The Coffee Bean & Tea Leaf, Southern California’s oldest and largest privately held specialty coffee and tea retailer in the U.S., announces the s...

Fazoli's Franchisees Report AUV's Exceeding $1 Million

2015-08-24 Fazoli’s franchisees continued to report record sales growth for July, with average unit volumes exceeding $1 million.

GE Capital's Franchise Finance Supports 77 Jamba Units

2015-08-05 GE Capital’s Franchise Finance business announced today that it has loaned $11 million to Vitaligent, LLC for the acquisition of 77 Jamba Juice units,...

Pei Wei Now Offers Apple Pay

2015-08-05 Fast-casual restaurant Pei Wei now offers diners access to Apple Pay, which is transforming mobile payments with an easy, secure, and private way to p...

Independent Restaurants Drop 3 Percent

2015-08-04 A 3 percent drop in independent restaurant unit counts compared to year ago brought the total U.S.