Hardee's franchisee gets financing boost from GE Capital

January 24, 2011

GE Capital Franchise Finance has provided $15.3 million in financing to Paradigm Investment Group LLC, a large Hardee's franchisee. The credit facility…

McDonald’s reports positive 2010 numbers

January 23, 2011

McDonald’s Corp. had nothing but good news this morning in its fourth quarter 2010 and year-end earnings report. For Q4 '10, ended Dec. 31, global sales were…

Arby's put up for sale

by Alicia Kelso — Editor, QSRWeb.com

January 19, 2011

The end is near for the Wendy’s/Arby’s Group Inc. partnership. The company announced today that it’s exploring “strategic alternatives” for the Arby’s brand…

Yum! Brands selling Long John Silver's, A&W

January 17, 2011

Louisville, Ky.-based Yum! Brands has announced that it is planning to sell its Long John Silver's and A&W All-American Food brands, and is actively…

Bigger ax to grind: Quiznos layoffs double original report

January 12, 2011

Less than a week after announcing it was laying off about 69 employees at its Denver-based headquarters, Quiznos is now expected to cut even deeper.

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.