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Business Strategy and Profitability News & Media

New BK management sends franchisees to bed earlier

December 15, 2010

Nocturnal Burger King fans craving a Whopper at 1:59 a.m. are now going to have to wait it out. The company, under new management, has decided it will no…

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NRA partners with CMSText for mobile marketing

December 15, 2010

The National Restaurant Association has announced a new partnership with CMSText to bring text message marketing solutions to its 380,000+ member restaurant…

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McDonald’s New Year’s resolution: 200 units in China

December 14, 2010

McDonald’s has its resolution for 2011 in place, and it includes as many as 200 new restaurants in China.

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Dunkin’ dishes out holiday deals

December 14, 2010

Holiday procrastinators need not fret. Dunkin’ Donuts is now offering coffee deals, online promotions and gift ideas to help get you through the chaotic season.

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To buy or to build: A very good question

If you're planning to open a restaurant, the option of buying or building each have their own set of pros and cons. Here's what you should consider.

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Hipcricket achieves breaking sales with industry campaigns

December 13, 2010

Mobile marketing and advertising firm Hipcricket has announced the company's achievement in record sales and its development and implementation of twice as…

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Unemployment hampers restaurant recovery, but volumes gain slight edge

December 12, 2010

With continued high unemployment across the U.S., restaurant traffic remained down 1 percent in the third calendar quarter of 2010; however, positive signs…

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Dunkin’ Donuts spreads in Georgia, Detroit

December 12, 2010

Dunkin’ Donuts is spreading like wildfire. The company, which is in the middle of an aggressive expansion plan that has included 338 new openings this year…

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Canadian company unloads big chunk of its Yum! units

December 12, 2010

A Canadian franchisee is in the process of selling all of its 232 Yum! Brands restaurants in Ontario and British Columbia. The Priszm Income Fund operates most…

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KFC U.K. gets fresh

December 9, 2010

KFC U.K. has shifted its focus to fresh. In doing so, two units are testing a new layout design that includes in-store images and videos highlighting the…

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Wilmington Dunkin’ Donuts getting makeovers

December 9, 2010

Four Dunkin’ Donuts stores in Wilmington, N.C., have been sold to SCCD, an established franchisee of the brand. Under the new ownership, the Dunkin’ Donuts…

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Nestle’s café concept slated for Middle East expansion

December 8, 2010

Nestle Toll House Café by Chip, a bakery and dessert bar, has signed a master franchise agreement with Emad Al Aboud Group to develop a minimum of 47 units…

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Chalak Group adds some Yum! to portfolio

December 8, 2010

Chalak Mitra Group LLC, an affiliate of The Chalak Group Inc., has acquired 33 Yum! Brands restaurants in Illinois, Kansas, Missouri and Oklahoma. Financial…

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New product development VP at the Captain D’s helm

December 8, 2010

Peter Gibbons has been named vice president of product development for Captain D's as the seafood chain prepares to revamp its menu.

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Hardee’s sales up big from last year

December 7, 2010

CKE Restaurants Inc., parent company of Carl’s Jr. and Hardee’s, reported a 12.2 percent decrease in total revenue for the third quarter of fiscal 2011, ended…

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Yum! Brands eyeing African expansion

December 7, 2010

By 2014, many Africans will know what the Colonel’s Secret Recipe tastes like. Yum! Brands Inc. is hoping to double its KFC unit count – to 1,200 – on the…

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Iconic LTO McRib buoys McDonald’s sales

December 7, 2010

McDonald’s Corp.’s global same-store sales increased 4.8 percent in November behind strong sales of the fan favorite LTO McRib and McCafe beverages.

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Wells Fargo rolls out mobile payment pilot

by Valerie Killifer — Editor, FastCasual.com

Wells Fargo & Company is rolling out a Visa microSD mobile payment pilot that will include 200 Wells Fargo team members who are users of specific…

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Signature Systems launches mobile reporting solution

December 6, 2010

Signature Systems Inc., the maker of the PDQ POS System, has released PDQ Mobile, a point of sale mobile-reporting solution that gives restaurant owners access…

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BK lays off hundreds of employees

December 6, 2010

As Burger King continues to shift gears following its sale to 3G Capital in the fall, several employees of the quick-service giant have been given pink slips.

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