Popeyes' parent company completes refinancing

December 28, 2011

AFC Enterprises Inc., the Atlanta-based parent company of Popeyes' Louisiana Kitchen, has successfully refinanced its bank credit facility. The effort began a…

McDonald's tops 2011 Dow Jones performances

December 27, 2011

With the year's trading nearly complete, McDonald's Corp. has topped all Dow Jones stocks with a 2011 gain of 30.47 percent.

Franchisee closes 10 Maryland Arby's restaurants

December 27, 2011

Maryland-based Arby's franchisee KBK Inc. has closed 10 restaurants, citing "financial difficulties brought on by the economy."

Wrestling with a million dollar baby - skimming

The restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten…

Quiznos reaches deal to avoid bankruptcy

December 26, 2011

Quiznos has reached an agreement with a significant majority of its first- and second-lien lenders on a consensual financial restructuring plan that will…

A&W Restaurants transaction complete

December 26, 2011

A&W Restaurants Inc. has officially been acquired by A Great American Brand LLC, a partnership of domestic and international A&W Restaurant…

McDonald's plans big expansion in India

December 26, 2011

McDonald's plans to double its unit count in the India market within the next three years. This would put the total number of restaurants at 500.

KFC, Pizza Hut franchisees deploy cloud-based accounting software

December 19, 2011

Acumatica has announced that Kentucky Fried Chicken Management Pte Ltd. and Pizza Hut Singapore Pte Ltd. have selected Acumatica Cloud ERP to replace their…

Wendy's transferring stock listing to the NASDAQ

December 13, 2011

The Wendy's Company announced it will transfer its stock listing to The NASDAQ Stock Market. The company's common stock will begin trading on the NASDAQ Global…

Report: Restaurant costs will continue to rise in 2012

December 11, 2011

Fitch Ratings, a global market credit opinion, research and data agency, expects U.S. restaurant food and beverage costs to rise by 5 percent or more in 2012…

Long John Silver's, A&W to stay in Kentucky

December 8, 2011

Long John Silver's and A&W Restaurants will keep their headquarters in Kentucky after being sold by parent company Yum! Brands -- based in Louisville, Ky.

Restaurant Performance Index unchanged in October

December 6, 2011

The National Restaurant Association’s Restaurant Performance Index (RPI) stood at 100.0 in October, essentially unchanged from September’s level of 100.1.…

Dunkin' Brands' franchisee secures funding for growth

December 5, 2011

GE Capital, Franchise Finance recently provided a $21.5 million credit facility to The Beekman Group's portfolio company, TBG Food Acquisition Corp., a Dunkin…

Rita's Italian Ice sold to private equity firm

December 4, 2011

Falconhead Capital LLC , a private equity firm specializing in growing consumer-focused businesses, has acquired a controlling stake in Rita's Water Ice…

Yum! Brands raises 2011 guidance

December 4, 2011

Yum! Brands Inc. has increased its full year 2011 EPS growth forecast to at least 13 percent, or $2.85 a share, excluding special items.

Ohio incentivizes Wendy's to consolidate headquarters

December 1, 2011

The Wendy's Company announced that it will consolidate its World Headquarters in Dublin, Ohio, a suburb of Columbus. As a result, the company will close its…

Brazilian KFC, Pizza Hut franchisee posts positive sales again

November 22, 2011

Brazil Fast Food Corp., the second largest QSR chain in Brazil with 846 points of sale, including KFC and Pizza Hut São Paulo has announced financial results…

Taco Bell eliminates 100+ jobs

November 21, 2011

Taco Bell, headquartered in Irvine, Calif., has eliminated 105 positions.

Jack in the Box reports Q4 profit, beats expectations

November 21, 2011

Jack in the Box Inc. reported net earnings of $22.7 million, or $0.49 per diluted share, for the fourth quarter ended Oct. 2, 2011, compared with net earnings…

Yum! Brands adds member to board of directors

November 20, 2011

Yum! Brands Inc. has appointed Mirian M. Graddick-Weir, 56, to its board of directors effective Jan. 26, 2012.