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industry headlines

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.

GPS Hospitality to Purchase 11 Popeyes in Georgia

2017-06-08 GPS Hospitality, a rapidly growing Burger King and Popeyes Louisiana Kitchen franchise, announced today that it is adding 11 Popeyes restaurants in it...

Report: Fast Casual Off to a Rough Start in 2017

2017-06-08 BDO’s latest edition of its restaurant industry benchmarking update, The Counter, showed a sluggish start to 2017.

Study: McDonald's Remains the World's Most Valuable Brand

2017-06-06 McDonald’s brand value is rising, and its hold on the top spot in BrandZ’s rankings shows no signs of slipping either.

Papa Murphy’s to Shutter Stores, Invest in Digital

2017-06-05 As part of a plan that will result in the refranchising of company-owned locations, Papa Murphy’s announced it will shutter up to 16 stores across sev...

2016: A Year of Growth for Focus Brands

2017-06-02 Focus Brands released 2016 financials for Moe’s Southwest Grill, McAlister’s Deli, and Schlotzsky’s.

Pizza Hut's Largest Franchisee Buys 140 Wendy's

2017-06-01 The world’s largest Pizza Hut franchisee purchased another major stake in Wendy’s Thursday, and put to rest a lengthy litigation issue for the fast fo...

Fiesta Restaurant Group Bites Back at Activist Shareholder

2017-05-26 After a report from a minority shareholder group accusing Fiesta Restaurant Group of having poor corporate governing practices, weak operating perform...

Dippin’ Dots Reports Double-Digit Growth in 2016

2017-05-25 Dippin’ Dots, LLC, the leading maker of flash-frozen beaded ice cream and frozen treats, posted double-digit growth in 2016, led by the company’s focu...