Survey: CFOs expect growth, technology investments in 2013

December 17, 2012

A majority of the 200 U.S.-based chief financial officers and senior finance executives surveyed said they plan to invest in their companies to drive growth in…

Jack in the Box refranchises 42 restaurants

November 28, 2012

Jack in the Box Inc. disclosed the details of two refranchising transactions that were included in the company's fourth quarter operating results, announced on…

Popeyes completes acquisition of 27 restaurants

November 19, 2012

AFC Enterprises Inc. announced the completion of its planned $13.8 million acquisition of 27 restaurants in Minnesota and California.

JPMorgan Chase CEO joins Yum! Brands' board

November 19, 2012

Yum! Brands Inc. has announced the appointment of Michael J. Cavanagh, 46, to its board of directors. Cavanagh is the co-chief executive officer of JPMorgan…

GE Capital launches restaurant finance Web tool

November 14, 2012

GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's…

Dunkin's chief global strategy officer steps down after six months

November 14, 2012

Neil Moses, chief global strategy officer of Dunkin' Brands Group Inc., has announced that he is stepping down, according to the Boston Herald. He will serve…

Jack in the Box completes bank debt refinancing

November 9, 2012

Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and…

Franchisee acquires 120 KFCs from Yum! Brands

November 7, 2012

Dallas-based Mitra QSR KNE LLC and its capital partner, Chalak Growth Capital Fund LLC, recently closed on a large acquisition of KFC/Taco Bell units in the…

Despite softer September sales, restaurant operators more optimistic

October 31, 2012

As a result of softer same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) declined in…

Villa Enterprises secures $15M to fund acquisitions

October 24, 2012

Villa Enterprises Management Ltd. Inc. announced that it closed a seven-year, $15 million credit facility with Capital One Bank.

Bojangles' secures $200M for expansion efforts

October 24, 2012

Bojangles' Restaurants Inc. announced a refinancing of its $200 million senior debt facility, which is expected to significantly lower its borrowing costs.

Wendy's franchisee receives $16M for leaseback

October 9, 2012

GE Capital, Franchise Finance recently provided $16.1 million to WendPartners, a Wendy's franchisee. The facility is being used for the sale-leaseback of nine…

U.S. restaurant industry outlook: Slow and steady improvement

by Alicia Kelso — Editor, QSRWeb.com

CIT's managing director says financing continues to open up for restaurant companies.

Restaurant traffic, sales up for 15th consecutive month

October 1, 2012

Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) posted a modest gain…

Taco Bell franchisee acquires 25 restaurants

September 25, 2012

Arkansas-based K-MAC Holdings Corp. announced it has acquired No Limits LLC, a Missouri-based Taco Bell franchisee that owns and operates 25 Taco Bell…

Good Times expands breakfast menu test

September 25, 2012

Good Times Restaurants Inc. has announced a limited-time menu of Hatch Valley New Mexico green Chile items and an expanded test of its Hatch Valley breakfast…

Yum! Brands increases dividend by 18 percent

September 21, 2012

Yum! Brands Inc.'s board of directors approved an 18-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from 28.…

McDonald's lifts dividend by 10 percent

September 21, 2012

On Thursday, McDonald's board of directors declared a quarterly cash dividend of 77 cents per share of common stock payable on Dec. 17, 2012, to shareholders…

Report: Chain restaurants growing through franchising

September 17, 2012

A new report by Technomic and Restaurant Finance Monitor finds that the franchising of restaurant brands continues to be a major growth avenue pursued by…

Commentary: How to build customer demand counter-intuitively

By limiting capacity, while maintaining good quality and service, operators can assure that demand remains high.