Recent News

Chesapeake Bagels Converted to Manhattan Bagel

New World Coffee-Manhattan Bagel, Inc. will be adding five Manhattan Bagel franchise units in the Harrisburg, PA market under an agreement with an existing Chesapeake Bagel Bakery franchisee.

Krystal Multi-Unit Franchise Deals Multiply

In 1999, The Krystal Company unveiled an aggressive multi-unit franchise plan that focused on doubling the company’s business over the next five years. Just one year later, it is clear that plan is paying off.

Checkers Partners with Textron

Checkers Drive-In Restaurants, Inc. announced June 7 that it has received a lending commitment from Textron Financial Corporation for a $40 million credit facility.

Subway Expands Fruizle™ Smoothie Program

What frozen drink is made with crushed ice and fruit, is fat free, cholesterol free, and represents sales in excess of $1 billion-a-year, industrywide? A “smoothie,” you say?

Subway Expands Fruizle™ Smoothie Program

What frozen drink is made with crushed ice and fruit, is fat free, cholesterol free, and represents sales in excess of $1 billion-a-year, industrywide? At Subway Restaurants it’s called a Fruizle™ smoothie.

Pasta Connection Introduces Summer Salads

From mid-June through July, Pasta Connection is expanding its menu with three new entree features—Chicken Pasta Caesar Salad, Anitpasta Salad and Garden Pasta Salad, each featuring the brand’s signature corkscrew Cavatappi pasta and distinctive, exotic flavors.

Koo Koo Roo Promotes Skinless BBQ Chicken

Koo Koo Roo, Inc. has introduced its summer menu line-up. The company announced that it has added a new distinctive Barbecue flavor option to its already popular Original Skinless Flame Broiled Chicken(TM).

Arby’s “Adult Truths” a Success

Arby’s launch of its “Adult Truths” marketing and positioning campaign in early March of this year already appears to be a success for the chain and its franchisor, Triarc Restaurant Group.

Sonic Executive Receives Honor

Sonic Corp. is proud to announce that Pattye Moore, executive vice president for Sonic Corp., has been named to Advertising Age’s prestigious “Marketing 100” list. The special report recognizes the 100 “best minds in marketing today.”

Checkers Completes Debt Restructure

Checkers Drive-In Restaurants, Inc. has completed its previously announced debt restructuring and retired the $39.5 million balance, including interest, of its 9 7/8 percent senior notes as scheduled on June 15, 2000.

Checkers Fires Up New Product Test

Early results from Checkers Drive-in Restaurants’ Miami test market—where their new, “Screamin’ Chicken Strips” have been in place since April—have been very successful.

New Management Named

McDonald’s Corporation announced May 26 that it has completed its acquisition of the Boston Market business and has named two executiveofficers to lead the business, effective immediately.

Popeyes Continues Global Expansion

Popeyes Chicken & Biscuits announced on May 24 the signing of a franchise development agreement that calls for the construction of 56 new Popeyes Chicken & Biscuits locations in Indonesia over the next five years.

Wendy’s Statement on Queens

On May 25 the Wendy’s restaurant in Flushing, Queens was struck with a senseless tragedy as two armed gunmen shot seven employees.