Finance

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industry headlines

30-Year-Old Pizza Patrón Sold to Franchisee

2017-01-11 Texas-based Pizza Patrón was sold in a deal that will give one of its largest franchisees leadership of the company.

Chipotle's Sales Up Nearly 15 Percent in December

2017-01-10 Chipotle says comparable sales grew 14.7 percent in December, and shares rose nearly 5 percent, as the fast casual burrito leader continues to recover...

Popeyes Enjoys 'Another Year of Strong Growth'

2017-01-10 Popeyes Louisiana Kitchen, Inc., the franchisor and operator of Popeyes restaurants, reported selected unaudited results for its fiscal fourth quarter...

Del Taco's Sales Up More than 5 Percent in 4Q

2017-01-10 Del Taco Restaurants, Inc., the second largest Mexican-American quick-service chain by units in the U.S., operating restaurants under the name Del Tac...

McDonald's Selling China Operations for $2.08 Billion

2017-01-09 McDonald's Corporation announced Monday, along with CITIC Limited, CITIC Capital Holdings, and The Carlyle Group, the formation of a partnership and c...

Farmers Announces Policy to Insure Food Trucks

2017-01-05 Farmers Insurance, one of the nation’s largest multiline insurer groups, announced the launch of an innovative food truck policy, marking the company’...

Same-Store Sales on the Rise at Good Times

2017-01-04 Good Times Restaurants Inc., operator of Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-qua...

Firms Purchase Rita's Franchise Company

2017-01-03 Argosy Private Equity and MTN Capital announced Tuesday the acquisition of a controlling stake in Rita's Franchise Company, LLC based in Trevose, Penn...

Global Foodservice Industry Improves Despite Turmoil

2016-12-21 The global foodservice industry held steady in the third quarter and performed better than the previous quarter in spite of strong headwinds—an earthq...

Report: Quick-Service Traffic Down for 1st Time in 5 Years

2016-12-06 A confluence of squeezed consumer wallets, the rising cost of dining out, and changing needs and wants has brought the U.S.

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