industry headlines

Starbucks Sued by Country's Largest Mall Operator

2017-08-30 Claiming that the concept isn’t actually losing money, Simon Property Group Inc., the country’s largest mall operator, is suing Starbucks Corp.

Soaring Avocado Prices Deal Another Blow to Chipotle

2017-08-28 Back in July, Chipotle expressed optimism concerning its strained relationship with avocados. Chief financial officer John R.

Bruegger’s Bagels Being Sold to Caribou Coffee

2017-08-24 The parent company of Bruegger’s Bagels will sell the brand to Caribou Coffee as it seeks to expand its international concepts in the U.S.

McDonald’s Closing Nearly 170 Restaurants in India

2017-08-21 A franchisee dispute in India will result in 169 McDonald’s closures and potentially thousands of jobs lost as the fast food chain takes action agains...

Sales, Stock Drop as Zoës Kitchen Slows Growth

2017-08-18 Shares of Zoës Kitchen slid in after-hours trading Thursday and throughout the day Friday following a sluggish second quarter that saw same-store sale...

East Hampton Sandwich Company Picks Up Investment

2017-08-14 CIC Partners announced a growth capital investment in East Hampton Sandwich Company.

After Promising Run, Restaurant Sales Tumble in July

2017-08-11 July cooked any optimism the restaurant industry might have felt from a promising June.

Revenues, Sales Rise at Good Times Restaurant

2017-08-11 Good Times Restaurants Inc., operator of Good Times Burgers & Frozen Custard, a regional quick service restaurant chain focused on fresh, high qua...

Jack in the Box Still Evaluating Qdoba's Future

2017-08-10 Soaring labor and food costs clouded Jack in the Box Inc.’s third-quarter earnings Wednesday.

Industry Vet Chuck Winship Invests in Little Greek

2017-08-10 Restaurant industry veteran Chuck Winship has invested in Little Greek Franchise Development, the franchise parent company of Little Greek Fresh Grill...