Major franchise fee withheld from Yum! International

January 10, 2011

Priszm Income Fund, owner of several Canadian KFC, Taco Bell and Pizza Hut locations, has withheld a $2 million franchise fee to Yum! Restaurants International…

Quiznos headquarters issues pink slips

January 9, 2011

Just three months after naming Greg MacDonald as its new CEO, Quiznos has laid off about 70 employees at its Denver-based headquarters.

Restaurant Performance Index posts November decline

January 2, 2011

As a result of a downtick in same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) fell below…

Popeyes’ parent completes $100 million credit facility

December 29, 2010

AFC Enterprises Inc., parent company of Popeyes Louisiana Kitchen, has completed a new, five-year, $100 million credit facility.

Subway salutes veterans with new franchise program

December 28, 2010

Subway has introduced a new program for military veterans designed to reduce their costs associated with the purchase of a new franchise.

CNBC gets icy response from Cold Stone Creamery

December 28, 2010

CNBC’s documentary “Behind the Counter: The Untold Story of Franchising,” which aired Dec. 15, seemed to peel back the layers of the $1.3 trillion franchising…

92-unit Burger King franchisee files for bankruptcy

December 16, 2010

Duke and King Acquisition Corp., a Burnsville, Minn.-based Burger King franchisee, has sought Chapter 11 bankruptcy protection and is currently seeking buyers.

Sonic repurchases big chunk of debt

December 16, 2010

Sonic Corp. announced it has repurchased $62.5 million of its debt in a privately negotiated transaction. With this move, the company expects to gain…

Food cost control – Playing the G.A.M.E.

By Libby Libhart

Wendy’s veteran takes over 20 franchises

December 14, 2010

Tri-Cities Restaurant Group has purchased 20 Wendy’s units from Monitor Systems Inc. in eastern Tennessee and southwestern Virginia markets. As part of the…

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.

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…

Wendy’s franchisee gets a major boost

December 6, 2010

GE Capital’s Franchise Finance bank affiliate GE Capital Financial Inc. has provided $10.5 million to Wendy’s franchisee Legacy Restaurant Group LLC to help…

Restaurant comps, traffic push RPI to highest level in three years

November 29, 2010

Fueled by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) rose to its highest…

Wendy's/Arby's takes third quarter hit

November 11, 2010

Wendy's/Arby's Group reported results for its third quarter ended Oct. 3, which included a 4.7 percent decline in revenue.

Despite strong 3Q, Tim Hortons plans to close 36 U.S. units

November 10, 2010

Tim Hortons Inc. reported a total revenue increase of 9.8 percent in the third quarter ended Oct. 3. Momentum came from a same-store sales increase of 4.…

AFC Enterprises sales way up compared to last year

November 10, 2010

AFC Enterprises, franchisor and operator of Popeyes Louisiana Kitchen, reported an 8.2 percent system-wide sales increase for the third quarter ended Oct. 3.

Restaurant performance outlook posts modest improvement

October 28, 2010

Driven by improving same-store sales and customer traffic levels, as well as growing optimism among restaurant operators, the outlook for the restaurant…

3G Capital closer to acquiring Burger King

October 17, 2010

The 40-day waiting period for Burger King to solicit other offers pending 3 Capital's proposed $3.26 billion buyout has expired, according to The Associated…

Hundreds of Arby's employees stiffed out of paychecks

October 13, 2010

Employees at 25 Arby's restaurants in Alabama, Mississippi, Florida and Georgia did not get paid for as many as three weeks after owner PRP Inc. filed for…