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industry headlines

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.

Smoothie Franchises are Soaring in Quick Service

2017-03-17 What was the smoothie industry like two decades ago? Mike Rotondo chuckles at the question before flipping ahead to 2008.

Papa Murphy’s 'Made Progress in 2016'

2017-03-16 Papa Murphy’s Holdings, Inc.

El Pollo Loco Reports 7.2 Percent Revenue Increase

2017-03-10 El Pollo Loco Holdings, Inc. announced financial results for the 13-week period and 52-week period ended December 28, 2016.

Chipotle to Shutter All ShopHouse Kitchen Locations

2017-03-10 Chipotle’s 15 ShopHouse Kitchen locations will close by March 17, the company says, and a deal is already in place to sell the leases from all stores ...

3 Reasons Restaurant Sales Plummeted in February

2017-03-10 Same-store restaurant sales fell by 3.7 percent in February while traffic declined 5 percent, according to the latest report by TDn2k’s Black Box Inte...

Largest Pizza Hut Franchisee Buys 62 Wendy’s

2017-03-10 NPC announced that it has entered into an agreement with Valenti Mid-Atlantic Management, LLC (Valenti) to acquire 62 Wendy’s restaurants for $52.6 mi...

Blaze Sets $1 Billion Sales Target for 2022

2017-03-07 Blaze Fast-Fire’d Pizza announced highlights and financial results for its first five years in business along with a forward outlook for the next five...