Top Finance News

Nineteen-year-old Artin Afsharjavan has offered to buy the 13-unit kabob chain for $8 million in cash.

LNK will partner with management to recapitalize the company and support its expansion strategy in the United States and in selected global markets.

Freeman Spogli & Co., a leading private equity investment firm, has made a $45 million equity investment in the quick-serve.

You might expect a 46-unit chain to lose some identity after merging with a company 22 times its size, especially when the company is Panera Bread, the fast-growing bakery café powerhouse. Au contraire says Paradise Bakery & Café President David Birzon. “We still see ourselves as the bakery-café leader in terms of quality. Before becoming […]

Franchisees are the backbone of the quick-service restaurant industry. It’s their entrepreneurial spirit and support that gives chains the staying power and reach to compete across the country and beyond. Without them The Colonel might never have left Kentucky and Pizza Hut would be nothing but a hut. Here, in no particular order, is a […]

IHOP Corp. announced that its system-wide same-store sales increased 0.5 percent for the quarter ended March 31, 2007.

Global comparable sales rose 8.2 percent in March and 6.3 percent for the quarter.

After last Friday’s stock markets closed, Krispy Kreme announced a deal that should cut the company’s interest costs.