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industry headlines

Starbucks Invests in Princi Boutique Bakery

2016-07-14 Starbucks Corporation announced its role as global licensee and investor in Italian restaurant Princi, the renowned boutique bakery and café founded b...

Miami Grill Acquires Other Florida Chain, Salad Creations

2016-07-13 Salad & Organic Food Service LLC, a subsidiary of Miami Subs Franchising Corporation, has acquired Salad Creations LLC, another South Florida-base...

NRA Testifies on Bureaucracy’s Burden on Business

2016-07-13 On July 12, Jamie Richardson, White Castle System’s vice president of government, shareholder, and community relations and chairman of the Ohio Restau...

GE to Sell Restaurant Financing Assets

2016-06-28 GE entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets.

Juice It Up! Sales Up Despite Industry Drop

2016-06-24 Juice It Up!, one of the nation’s leading raw juice bar and hand-crafted smoothie franchises, reported a Q2 with same-store sales rising 10 percent ov...

Pieology Purchases Competitor Project Pie

2016-06-22 Pieology Pizzeria, where pizza lovers go to create artisan-style custom pizzas in endless flavor combinations at one affordable price, announces its s...

Fired Pie Hires New CFO

2016-06-22 Fired Pie, an Arizona-based fast-casual pizza restaurant, hired Abby Anderson as its new CFO.

Venture Fund Heats Up 800 Degrees Pizza

2016-06-21 800 Degrees Pizza, a California-based company with a growing following in Los Angeles, Las Vegas, and abroad, including Dubai and Tokyo, has secured i...

Weak Sales Continue to Plague Restaurants

2016-06-13 Despite a slight improvement in May restaurant sales, the industry has still not returned to positive territory.

NRA Issues Statement Opposing Repeal of Dodd-Frank

2016-06-08 The National Restaurant Association issued the following statement in response to Representative Jeb Hensarling’s (R-TX) forthcoming proposal to repea...