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industry headlines

Starbucks to Shutter All 379 Teavana Stores

2017-07-27 Starbucks announced Thursday it will shutter all 379 Teavana retail stores over the coming year, with the majority being closed by spring 2018.

Convenience is the Future for Dunkin’ Donuts

2017-07-27 Faced with stagnant same-store sales and traffic, Dunkin’ Donuts is turning to a multi-year plan to differentiate itself through convenience and simpl...

Starbucks Announces Largest Acquisition in Company History

2017-07-27 Starbucks is set to report third-quarter earnings after the bell Thursday.

McDonald’s Sales Soar on New Products, Discounts

2017-07-25 McDonald’s beat Wall Street expectations in its second-quarter performance, posting a 3.9 percent U.S.

Fazoli’s Reports 17th Consecutive Quarter of Growth

2017-07-20 Fazoli’s, America’s largest fast casual Italian chain, announced a 1 percent same-store sales increase for its franchised locations during the second ...

Panera is No Longer a Publicly Traded Company

2017-07-18 Panera Bread Company and JAB announced Tuesday the successful completion of the acquisition of Panera by an investment vehicle of JAB Consumer Fund an...

Blaze Pizza Receives PE Cash Infusion

2017-07-14 Brentwood Associates, a leading consumer-focused private equity investment firm, announced that it has made a significant non-controlling investment i...

Report Shows Industry Sales Improving (Slightly)

2017-07-14 While restaurant industry performance has been dismal for the past six quarters, June’s results provided a bit of good news.

Firebird Restaurant Group Buys Dallas' Village Burger Bar

2017-07-13 The owner of Snuffer’s Restaurant & Bar is taking another bite of the Dallas burger landscape.

Juice It Up’s Same-Store Sales Grow 6 Percent in Q2

2017-07-12 Juice It Up!, one of the nation’s leading raw juice bar and hand-crafted smoothie franchises, announced that system-wide second quarter sales increase...