Recent News

El Pollo Loco’s Gone Crazy

El Pollo Loco’s “When You’re Crazy for Chicken” campaign The pairs El Pollo Loco with the world-famous chicken dance.

Gold Star Chooses Local Agency

Freedman, Gibson &White, Inc., a Cincinnati-based marketing communications firm, announced February 14 its selection as the agency of record for Gold Star Chili.

CKE Appoints Thompson CEO

CKE Restaurants, Inc. (NYSE: CKR), announced March 20 that William P. Foley II has stepped down as chief executive officer and Tom Thompson has assumed the CEO position.

Mr. Hero Goes to Washington

Guest Services, Inc. a hospitality management company located outside Washington, D.C., will soon franchise and manage a Mr. Hero cafeteria/convenience restaurant in the House of Representative’s Cannon Office Building.

Chicken Out Expands

Chicken Out Rotisserie, a small chain with a commitment to quality, is growing in leaps and bounds. With busy consumers clamoring for wholesome meals with a home-cooked taste, the restaurants are in high demand.

Cinnabon Embraces Atlanta Move

Cinnabon, Inc. announced March 14 its purchase of Cinnabon bakeries at two Atlanta-area shopping malls from franchise owner HSS Enterprises.

Stellar Opening Week for BYB

With $50,000 in sales in its first week of operation, the new Back Yard Burgers, Inc. restaurant in Independence, Missouri, has set a record for the chain.

BK Names New Officer

Burger King Corporation announced on February 9, 2000 the appointment of Julio Ramirez as its senior vice president of U.S. Franchise Operations and Development, effective immediately.

Dairy Queen and Franchisees Settle Dispute

International Dairy Queen, Inc. announced March 9 the settlement of a class-action lawsuit filed in April of 1994 by five of its franchisees, who complained that IDQ was unreasonably preventing franchisees from purchasing food products and supplies from alternative sources.

FFCA Names New President

Franchise Finance Corporation of America announced December 17 the appointment of Christopher H. Volk as its new president, effective January 1, 2000.

McDonald’s Global Bond Issue Rated

Duff & Phelps Credit Rating Co. (DCR) has assigned a rating of ‘AA+’ (Double-A-Plus) to McDonald’s Y30 billion issue of global bonds in two tranches.

Pancho’s First Quarter, 2000

Pancho’s Mexican Buffet, Inc. announced January 28, 2000 its financial results for the fiscal first quarter ended December 31, 1999.

Wienerschnitzel Plays Cupid

Gordon and Theodora Graybill of San Diego, California, were escorted in style by Wienerschnitzel’s softhearted icon, The Delicious One, to Las Vegas for a red-hot Valentine’s weekend.

Restaurateurs Take Stand in Congress

Testifying before a key House subcommittee February 15, a Washington, D.C.-area restaurateur called for Congress to “help her help current employees, and reach out to future employees” by eliminating the punitive limit government puts on older Americans who want to work while also earning Social Security benefits.

Schlotzsky’s Inc. Announces 1999 Results

Schlotzsky’s announces that it had adopted a new accounting policy, effective Jan. 1, 1999, for the financial reporting of revenue generated as non-refundable area developer fees.

Manhattan Bagel Warms Up Winter

Continuing to expand its lineup of innovative products, New World Coffee-Manhattan Bagel Inc. announcedFebruary 24 that its Manhattan Bagel subsidiary has added a new Caribbean Bagel to its menu.