Finance / Investment News & Media
Wendys/Arbys offers SSON tips
March 17, 2011
In less than a year, Wendy’s/Arby’s Group has built a shared services center at a new location with a new staff integrating to one enterprise resource planning…
read nowNew leadership at McDonalds South Africa
March 17, 2011
Cyril Ramaphosa, a prominent Johannesburg-based businessman, has taken over McDonald’s restaurants in South Africa.
read nowKFC terminates franchise rights for noncompliance
March 17, 2011
KFC Corp. has pulled the franchise rights for Cleveland-based Morgan’s Foods Inc. The move affects 10 units in Ohio and western Pennsylvania.
read nowL.A. equity firm buys large Taco Bell franchisee
March 17, 2011
Brentwood Associations, a Los Angeles-based private equity investment firm, has acquired K-Mac Holdings Corp., the third largest Taco Bell franchisee in the…
read nowMajor Taco Bell franchisee sold on strong ROI
March 16, 2011
Stamford, Conn.-based Olympus Partners announced that it has sold K-Mac Holdings Corp. K-Mac, headquartered in Ft. Smith, Ark., is the third largest Taco Bell…
read nowKrispy Kreme sets Q4 '11 results call
March 16, 2011
Winston-Salem, N.C.-based Krispy Kreme Doughnuts Inc. plans to release its financial results for the fourth quarter and fiscal year 2011 on March 31, shortly…
read nowDunkin Donuts signs 5-unit deal in Florida
March 15, 2011
Dunkin’ Donuts has signed a multi-unit store development agreement with Alex and Randy Fernandez and Gloria Lengyel to open five restaurants in Polk County…
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CIT podcast touts restaurant-capital rebound
by Alicia Kelso — Editor, QSRWeb.com
After a few years of conservatism, capital is slowly becoming more accessible for restaurant-industry operators.
read nowPopeyes sales outpacing general QSR segment
March 9, 2011
AFC Enterprises Inc., franchisor and operator of Popeyes restaurants, reported results for fiscal 2010 ended Dec. 26, 2010.
read nowSonics Q2 numbers up
March 7, 2011
Sonic Corp.’s sales for both company-owned drive-ins and the system were positive for the second fiscal quarter ended Feb. 28.
read nowGE Capital lends $13.2 million to Hardees franchisee
March 7, 2011
GE Capital, Franchise Finance provided $13.2 million in financing to Ponder Enterprises Inc., one of Hardee’s largest franchise operators.
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Falfurrias, Bojangles' ready for amicable split
by Alicia Kelso — Editor, QSRWeb.com
Charlotte, N.C.-based company has owned restaurant chain since 2007.
read nowYum! Brands sets conference schedule
March 2, 2011
Louisville, Ky.-based Yum! Brands, parent company of Taco Bell, Pizza Hut and KFC, will present at the Bank of America Merrill Lynch Consumer Conference March…
read nowWendys/Arbys Group sets conference schedule
March 1, 2011
Wendy’s/Arby’s Group Inc. plans to participate in three upcoming investor conferences, including:
read nowCKE Restaurants franchisees offered financing aid
February 28, 2011
CKE Restaurants Inc. has selected New York City-based BoeFly, an online marketplace that executes commercial transactions, to assist its franchisees in…
read nowKrystal names new CFO
February 28, 2011
Chattanooga, Tenn.-based Krystal Company has named Bob Marshall as its new chief financial officer, effective immediately.
read nowChurchs Chicken completes debt refinancing
February 27, 2011
Church’s Chicken has closed a new asset-backed securitization, comprised of $220 million of senior secured notes, which have a maturity date of February 2018…
read nowJack in the Box Inc. beats expectations
February 23, 2011
Jack in the Box Inc., parent company of Jack in the Box and Qdoba, reported its first quarter earnings for fiscal 2011, ended Jan. 23. The company reported net…
read nowMajor BK franchisee splits up company
February 23, 2011
Carrols Restaurant Group Inc., parent company of Syracuse, N.Y.-based Carrols Corporation, operater of more than 300 Burger King restaurants, announced…
read nowTim Hortons on a roll in 2010
February 22, 2011
Tim Hortons Inc. reported fourth quarter 2010 and year-end results ended Jan. 2, which included robust same-store growth sales in both the U.S. and Canada.
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