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industry headlines

Panera Bread Sold for $7.5 Billion to Krispy Kreme Owner

2017-04-05 It didn’t take long for the Panera Bread rumors to turn into reality.

Rumors Swirl of Possible Panera Bread Sale

2017-04-03 Shares of Panera Bread skyrocketed Monday as reports surfaced of a possible sale, a move that would shakeup the fast casual industry to the tune of  $...

Good Times 'Pleased with Our Results During the 2Q'

2017-04-03 Good Times Restaurants Inc., operator of Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-qua...

Four Foods Group Purchases 48 Little Caesars Restaurants

2017-03-30 Four Foods Group, rapidly growing restaurant development, investment, and management company, announced it has acquired 48 Little Caesars Restaurants ...

Same-Store Sales Down 7.4 Percent at Sonic

2017-03-29 Sonic Corp., the nation’s largest chain of drive-in restaurants, announced results for its second fiscal quarter ended February 28.

Cava Preps for Growth After $30M Funding Round

2017-03-28 Today, Cava, the Washington, D.C.-based Mediterranean fast-casual restaurant and packaged food brand, announced a $30 million Series C funding with ex...

Submit Your Brand for the 2017 Best Franchise Deals!

2017-03-27 It's that time of the year again: QSR is looking for the quick-service industry’s best franchise deals.

RBI Expects to Complete Popeyes Purchase Monday

2017-03-27 Restaurant Brands International Inc. announced that it expects to complete the acquisition of Popeyes Louisiana Kitchen, Inc.

Pie Five Shutters Restaurants in 3 Markets

2017-03-24 Pie Five Pizza, which reported same-store sales declines of 17.4 percent in Q2, shuttered all of its Chicago, Minneapolis, and Denver locations.

Rapidly Growing Checkers & Rally's Sold for $525 Million

2017-03-23 Rick Silva, the president and CEO of Checkers Drive-In Restaurants, had a vivid way to describe his company’s bombshell announcement on Thursday.