Recent News

Steak Escape Awards Grants Across Nation

Steak Escape, an international chain specializing in cheesesteak sandwiches, announced January 7, 2000 its contribution of over $30,000 since 1996 to schools across the U.S.

Boston Chicken Plans Reorganization

Boston Chicken, Inc. announced on January 6, 2000 that it and its Boston Market related subsidiaries filed a joint Plan of Reorganization with the United States Bankruptcy Court for the District of Arizona.

McDonald’s Declares Dividend

McDonald’s Corporation declared a quarterly common stock cash dividend of 4 7/8 cents per share payable on December 15, 1999 to shareholders of record on December 1.

Papa John’s Authorizes Repurchase

Papa John’s International, Inc. announced January 31 that its Board of Directors has approved an increase to $150 million in the amount of the company’s common stock which may be repurchased by the company from time to time through December 31, 2000.

A Kansas Burger Star

QSR’s One to Watch: Although big burger boys dominate the quick-service landscape in most of North America, in one midwest town a homegrown chain has made a niche for itself and is continuing to grow into what might well become a formidable business.

From the Heartland

A new quick-service chain in Chicago is out to prove the pairing of healthy and fast can work.

Yo Quiero Second Place

Kevin Moriarty and Ron Petty find their relationship at Del Taco flip-flopped, but they’re forging ahead an the mexican segment—and why they’re not scared of some little dog. By Robin F. DeMattia

Ray of Insight

The Kroc philosophy comes to the forefront once again at McDonald’s—this time in a new award for managers. By Eric Larson

Grabbing That Pie in the Sky

Angel Toro learned about competitiveness in the military. Competitiveness landed him a job at Pizza Hut, Inc., for which he’s been managing a store in Odessa, Texas, for the last nineteen years. by David Haldane

All Aboard the Web

Subway franchisee Wendell Rowell knows that creative marketing is key to his the success of his store.

Wendy’s Appoints Schuessler CEO

Wendy’s International, Inc. announced March 17 that the board of directors has named John T. Schuessler as chief executive officer and president of the company, effective immediately.

Humble Pie

Jim Grote’s Donatos chain had a special ingredient that attracted McDonald’s — but how is the alliance panning out?

Hiring Home Schoolers

David Cantey, owner-operator of a new Chick-fil-A in Memphis, Tennessee, gestures animatedly as he makes a sales presentation in front of a roomful of middle-aged baby boomers at a suburban Memphis library meeting room.

Schlotzsky’s New Accounting Policy

Schlotzsky’s, Inc. announced today that the company is adopting a new accounting policy for the financial reporting of revenue received as non-refundable area developer fees.

Designing Strategies

Marketing consultant Dick Meyer explains the magic behind his Subway growth strategies.By Pam Whitfield

Winners Announces New Board of Directors

This January, Winners International Restaurants, Inc., formed a partnership with BankBoston Development Company and RTM Restaurant Group in what the company terms an effort to strengthen its ability to grow in the restaurant industry.