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industry headlines

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.

EquityEats' Funding Platform for Restaurant Owners

2016-11-27 EquityEats, the first funding platform designed by restaurant owners, not Wall Street bankers, to serve the needs of restaurants, unveiled their new b...

Yoshinoya Reports 6 Percent Same-Store Sales Growth

2016-11-16 Yoshinoya America, a Japanese quick service restaurant chain, continues to outpace the national quick-service industry in same-store sales growth with...

Fast Casual Chi'Lantro Poised to Grow After Shark Tank Deal

2016-11-14 On November 11, Jae Kim, Founder of Chi’Lantro, landed a deal on ABC’s "Shark Tank" with real estate mogul and business expert, Barbara Corcoran, for ...

Quick Service Continues to Outpace Restaurant Industry

2016-11-14 News for the restaurant industry was more of the same for the first month of the fourth quarter.

Popeyes Continues to Build Market Share

2016-11-10 Popeyes Louisiana Kitchen, Inc., the franchisor and operator of Popeyes restaurants, reported results for its fiscal third quarter of 2016, which ende...

Total Revenue Skyrockets 40 Percent at Shake Shack

2016-11-10 Shake Shack Inc. reported its financial results for the third quarter ended September 28, a period that included 13 weeks.

Comparable Store Sales Down Nearly 15 Percent at Pie Five

2016-11-09 RAVE Restaurant Group, Inc. reported financial results for the first quarter of fiscal 2017 ended September 25. First Quarter Highlights:...