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industry headlines

Panera Shareholders Green Light Blockbuster Merger

2017-07-11 During what the company referred to as a “special meeting” on Tuesday, Panera Bread’s stockholders overwhelmingly approved the brand’s previously anno...

Back Yard Burgers Sold to Private-Equity Group

2017-07-10 Back Yard Burger's 30th anniversary is turning out to be a milestone year in more ways than one.

Same-Store Sales Rise at Good Times in 3Q

2017-07-06 Good Times Restaurants Inc., operator of Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-qua...

Activist Criticizes Potbelly: 'Nothing but Losses'

2017-06-29 An activist shareholder wants sandwich company Potbelly to either change its strategy or explore selling.

Sonic's Sales are Starting to Climb Back

2017-06-23 In the second quarter, Sonic Corp. reported same-store sales declines of 7.4 percent year-over-year.

Tim Hortons Franchisees File $500M Lawsuit Against RBI

2017-06-21 Restaurant Brands International Inc., the parent company of Burger King, could be facing a $500 million class-action lawsuit from a group of irate Tim...

No Soup for Anyone: Soupman Files for Bankruptcy

2017-06-14 The New York City food company made popular by the Seinfeld TV series has filed for bankruptcy protection.

Panera Bread's Digital Sales to Fly Past $1 Billion

2017-06-14 Just in case Panera Bread needed any justification for its headfirst dive into digital, the fast casual can now point to one very convincing factor.

Cicis' Revitalization Strategy is Paying Off

2017-06-13 Cicis has experienced consistent sales growth—including 16 consecutive quarters of same-store sales growth through Q1 of 2017—as a result of the compa...

Carrols Restaurant Group Buys 17 Burger Kings

2017-06-13 Carrols Restaurant Group, Inc. announced that on June 6, the company completed the acquisition of Republic Foods, Inc.