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    Industry News

  • Tricon Global Restaurants, Inc. reports that U.S. blended same-store sales at company restaurants were down 1% for the four-week period ended January 27, 2001.
    CKE Restaurants, Inc. has amended its senior credit facility effective January 29, 2001, including an extension of the waivers of non-compliance of certain of the financial covenants associated with this credit facility until April 30, 2001.
    Following two consecutive years of record systemwide sales, El Pollo Loco is taking its advertising personally in 2001 with its new "Pass the Pollo'' campaign.
    McDonald's Corporation (NYSE: MCD) and Compaq Computer Corporation (NYSE: CPQ) have collaborated to invent McMagination -- a specially designed interactive kiosk for kids and Tweenagers.
    Regal Oil, a Texaco distributor with 12 locations in West Texas, is planning to develop five A&W Restaurants in its Star Stop Food Mart convenience stores.
    Checkers Drive-In Restaurants, Inc. reports that franchisee Great Lakes Restaurant Company I, LLC, filed for bankruptcy on January 18, 2001, then closed 35 Rally's and six Checkers restaurants that the franchisee owned.
    Burger King Corporation today announced that it has named Minneapolis-based Campbell Mithun as its kids advertising agency of record for the U.S. Details of the campaign were not disclosed, however, the new creative is expected to be on air in June.
    Panera Bread Company reports system-wide comparable bakery-cafe sales increased 7.0% for the fourth quarter (5.9% in company-owned bakery-cafes and 8.2% in franchised bakery-cafes).
    The ultimate American drive-in dining experience will go international for the first time in 2001 when Sonic Corporation cruises into northern Mexico later this year.
    Based on the highly successful Rugrats TV show on Nickelodeon, the Rugrats Tree House promotion will be exclusively available at participating Burger King restaurants.
    Buzz Lightyear, the interstellar hero from Disney/Pixar's Toy Story and Toy Story 2 movies and all-new animated television series, will be on a mission to save the universe in a new Happy Meal from McDonald's, starting January 12.