The investor presentation by Sonic’s management will be part of the JPMorgan Gaming, Lodging & Restaurants Conference.
Murphy Adams Restaurant Group has purchased the rights to the Mama Fu’s Asian House brand in the U.S. and Mexico.
Systemwide sales for McDonald’s worldwide restaurants increased 19.9 percent in February, or 13.2 percent in constant currencies.
The current Small Business Food & Beverage Industry Index is 3 points lower than the 33.67 reported for all U.S. small businesses during the fourth quarter of last year.
Corporate Café sales increased by 16.17 percent for February 2008 compared to February 2007.
Carl’s Jr. saw a 1.4 percent increase in same-store sales, while sister brand, Hardee’s, saw same-stores sales increase by 1.6 during the same period.
The 500 largest U.S. restaurant chains registered slower growth rates, posting 5.1 percent annual sales growth in 2007.
September 27, 2007, was a big day in Soweto, a township of more than a million people just outside the South African city of Johannesburg. Former president and Nobel Peace Prize laureate Nelson Mandela and other dignitaries gathered with a local choir and a crowd of thousands to mark a very special occasion. It was […]
Pizza chain attributes net income drop to an increase in interest expenses and a decrease in domestic supply chain margins.
Halifax Group buys largest Papa John’s franchisee company.
The company announced today that its net income for the first quarter ended January 20 was $36.5 million.
Vernon Hill, founder of Commerce Bank, has been named chairman of Saladworks’s executive committee.
The deal is NexCen’s largest acquisition to date and will increase NexCen’s franchise locations from, 1,600 to 1,900.
Total revenue for the fourth quarter grew 5.2 percent, while system-wide comparable restaurant sales in 2.1 percent.
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.