Friedman Fleischer confirms sale of Church's Chicken

June 17, 2009

SAN FRANCISCO — Friedman Fleischer & Lowe LLC (FFL), a leading San Francisco-based private equity firm, has confirmed that an affiliate of the firm has…

Church's Chicken to be sold to Friedman Fleischer

June 14, 2009

According to reports from Reuters and Thomson Reuters Private Equity Hub, Cajun Operating Co, franchisor of Church's Chicken, has been sold to private equity…

McDonald's plans aggressive expansion, advertising blitz

June 14, 2009

BusinessWeek: Unlike a number of U.S. operators who are cutting capital expenditures, McDonald's plans to invest $2.1 billion in its restaurants in 2009…

Sale of NF Roasters boosts Nathan's Famous annual net

June 11, 2009

WESTBURY, N.Y. — Nathan's Famous Inc. has reported its sixth consecutive year of increased revenues and profits from continuing operations for its fiscal year…

Wendy's/Arby's announces $550M private offering to repay debt

June 10, 2009

ATLANTA — Wendy's/Arby's Group Inc. has announced that its subsidiary, Wendy's International Holdings LLC (to be renamed Wendy's/Arby's Restaurants LLC), has…

Emerald City Smoothie grows by thinking small

The Seattle-based smoothie chain has adapted its store design and franchise marketing to continue its expansion plans.

QSR franchise sales require harder work

Growth is possible in the tightened credit market, but brands and franchisees must get creative.

Asian segment provides untapped QSR niche

As consumers' palates become more adventurous, the Asian restaurant segment offers a growth opportunity.

Wendy's seeks amendment to issue debt

June 1, 2009

Reuters: Wendys/Arbys Group Inc. has said its Wendy's International Holdings unit was seeking to amend its credit agreement to allow it to issue debt, with an…

Yum! Brands completes cash tender offer

May 31, 2009

LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Pizza Hut, Taco Bell and KFC, has announced the results of its cash tender offer to purchase up to $15…

Restaurant Performance Index hits highest level in nearly a year

May 28, 2009

WASHINGTON, D.C. —  The outlook for the restaurant industry grew more optimistic in April, as the National Restaurant Association's comprehensive index of…

Popeyes sees Q1 comps improve, net income fall

May 27, 2009

ATLANTA — AFC Enterprises Inc., the franchisor and operator of Popeyes, has reported an increase in systemwide sales of 1.1 percent, compared to an increase of…

Sonic, Jack in the Box announce conference participation

May 27, 2009

Sonic Corp. has announced that the company will participate in two upcoming investor conferences, including: Goldman Sachs 2009 Lodging, Gaming, Restaurant…

Yum! Brands adds price to cash tender offer

May 26, 2009

LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Taco Bell, KFC and Pizza Hut, has announced that it has priced its cash tender offer to purchase up to…

Burger brands announce conference participation

May 21, 2009

Burger King Holdings Inc. and Wendy's/Arby's Group Inc. have announced that the companies will participate in the Goldman Sachs 2009 Lodging, Gaming…

Institutional Investor survey names Yum! CFO tops in restaurant industry

May 17, 2009

LOUISVILLE, Ky. — Yum! Brands Inc.'s chief financial officer Richard Carucci has been recognized by Institutional Investor's 2009 America's Best CFOs survey…

Yum! Brands amends terms of cash tender offer

May 14, 2009

LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Pizza Hut, KFC and Taco Bell, has announced that it has amended the terms of its cash tender offer to…

Tim Hortons Inc. Q1 net up 7.5%

May 7, 2009

OAKVILLE, Ontario — Tim Hortons Inc. has reported same-store sales have increased 3.4 percent in Canada and 3.2 percent in the United States for the first…

A&W qualifies for SBA Registry to streamline franchisee credit

May 5, 2009

LOUISVILLE, Ky. — A&W Restaurants Inc., which is celebrating its 90th anniversary by introducing a new state-of-the-art drive-in concept, has been approved…

Has Krispy Kreme turned the corner?

With debt down and same-store sales finally up, maybe the company isn't doomed after all.