21-unit Captain D’s franchisee files for bankruptcy

June 1, 2011

Sonfish LLC, a Captain D's franchisee with 21 units in Tennessee, Arkansas and Mississippi, has filed for Chapter 11 bankruptcy protection.

Soul Foods Group takes over 200-plus Canadian KFC units

June 1, 2011

Yum! Restaurants International, Canada and its KFC brand has announced that Soul Foods Group's affiliate Soul Restaurants Canada Inc. has taken over the…

Yum! franchisee in Canada sells majority of units

May 31, 2011

After grappling with financial issues for months, major Yum! Brands Canadian franchisee Priszm Income Fund has closed 30 of its locations in Ontario and…

NRA’s restaurant industry outlook remains positive

May 30, 2011

Buoyed by positive same-store sales and solid optimism among restaurant operators for continued growth, the outlook for the restaurant industry remained…

Krispy Kreme testing doughnut shakes

May 26, 2011

Krispy Kreme will celebrate National Doughnut Day June 3 by offering its guests one free Krispy Kreme Doughnut at participating retail locations. No purchase…

Rumored: Roark Capital to purchase Corner Bakery, Il Fornaio

by Valerie Killifer — senior editor, NetWorld Alliance

May 24, 2011

Several stories have appeared in national media outlets addressing the possible buyout of Il Fornaio and Corner Bakery Cafe, expected to be completed by June.

Del Taco taps Boefly to assist with bank financing

May 19, 2011

Del Taco has selected BoeFly, an online marketplace connecting lenders with business borrowers, to assist its franchisees in obtaining bank financing.

Sbarro ends bankruptcy process, seeks buyers

May 18, 2011

It looks like New York-based Sbarro Inc. won't be receiving Chapter 11 protection, after all. The company announced that it has consensually terminated its…

Jack in the Box implements real estate management software

May 18, 2011

Jack in the Box Inc. has implemented Lx Retail from Lucernex Technologies to help manage the chain's real estate portfolio. The web-based product suite covers…

Popeyes’ parent company sets Q1 call

May 18, 2011

AFC Enterprises Inc., the franchisor and operator of Popeyes, will file its fiscal first quarter results May 25 after market close. The quarter ended April 17.

Krispy Kreme franchisee taps DTT Surveillance

May 18, 2011

Great Circle Family Foods LLC, a Krispy Kreme Doughnuts franchisee, has selected DTT Surveillance for its surveillance and loss prevention services.

Jack in the Box profits drop, Qdoba up

May 18, 2011

Jack in the Box Inc.'s second quarter '11 earnings yielded a big drop in net earnings from the same period last year, from $6.8 million compared to $17.…

Brazil Fast Food Corp. Q1 sales jump 15 percent

May 12, 2011

Brazil Fast Food Corp., a Yum! Brands franchisee and the second largest quick-service restaurant chain in Brazil, has announced financial results for the first…

Yum! sets $586MM offer for China’s Little Sheep

by Alicia Kelso — Editor, QSRWeb.com

May 12, 2011

Yum! Brands' footprint in China is about to get even bigger. The company announced today that it has offered to buy China's Little Sheep for $586 million…

Tim Hortons Q1 profit rises

May 11, 2011

Oakville, Ontario-based Tim Hortons Inc. has reported results for its first quarter 2011 ended April 3, which included an earnings increase of 7.5 percent to…

Jack in the Box sets Q2 earnings webcast

May 10, 2011

Jack in the Box Inc. will report second quarter fiscal 2011 operating results after market close May 18. The company will host a conference call to review the…

Burger King plans Q1 earnings call

May 10, 2011

Burger King Holdings Inc. will release financial results for the first quarter of 2011 on May 12. The results will be available online.

Rocky Mountain Chocolate Factory FY12 revenue up

May 10, 2011

Rocky Mountain Chocolate Factory Inc. reported its operating results for the fourth quarter and fiscal year ended Feb. 28.

Krispy Kreme sells major stake in Mexican franchise

May 9, 2011

Krispy Kreme Doughnuts Inc. has sold its 30 percent stake in Krispy Kreme Mexico S. de R.L. de C.V., one of its Mexican franchises, for $7.8 million.

Wendy’s/Arby’s Group’s Q1 up slightly

May 9, 2011

Arby's North America systemwide same-store sales were up 5.5 percent in the first quarter 2011 ended April 3. The momentum helped boost Wendy's/Arby's Group's…