Top 5 QSR stories of 2008

January 7, 2009

For the quick-service restaurant industry in 2008 the most read news items covered the gamut, from the economy to takeovers to systemwide rollouts.   The…

NexCen Brands receives Nasdaq notification letter

November 18, 2008

NEW YORK — NexCen Brands Inc., parent company of Marble Slab Creamery, MaggieMoo's, Pretzel Time, Pretzelmaker and Great American Cookie, has received…

Bailout bill bonuses

Economic bailout package offers some tasty tax tidbits for QSR operators.

McDonald's CEO: Dollar Menu here to stay

October 22, 2008

Advertising Age: McDonald's Corp. CEO Jim Skinner took great care during the the company's third quarter earnings call to paint his company as…

Prolonged credit crisis could affect Burger King franchisees

October 21, 2008

Reuters: Burger King has not experienced credit problems to date, but the company is worried that a prolonged credit crunch could hurt its franchisees…

Credit crunch slows Yum refranchising

October 8, 2008

The Courier-Journal (Louisville, Ky.): Yum! Brands executives said in a conference call that lenders have raised equity requirements for some franchisees…

QSRs caught in the crisis

Economic conditions batter the industry, but operators insist quality still key.

Sonic reiterates franchisees' credit availability

October 1, 2008

OKLAHOMA CITY — Sonic Corp. has responded to continual remarks in the media concerning the company's franchisees, who were used to illustrate the problems of a…

Banking crisis affects GE Capital lending to new franchisees

September 28, 2008

Cattle Network: GE Capital's franchise finance arm is tightening its lending for new franchisees, the latest sign that Wall Street's turmoil is spreading to…

Sonic reassures franchisees in light of GE lending tightening

September 28, 2008

OKLAHOMA CITY — Sonic Corp. has released a statement regarding media reports concerning GE Capital's reported pullback in financing for franchisees.   Sonic…

Kan. Burger King re-builds for efficiency

September 28, 2008

The Hutchinson (Kan.) News: A Hutchinson, Kan., Burger King store has been demolished with plans to replaced it with the chain's ROC 60 building, the…

NRA lauds Senate approval of restaurant depreciation provision

September 24, 2008

WASHINGTON, D.C. — The National Restaurant Association has hailed the U.S. Senate passage of the Tax Extenders and Alternative Minimum Tax Act of 2008…

McDonald's franchisee credit not in jeopardy

September 23, 2008

CNN Money: Bank of America has denied reports that it is no longer extending new lines of credit to McDonald's Corp. franchisees. A spokesman said the bank…

McDonald's stocks fall after report of credit crunch

September 22, 2008

Chicago Tribune: Shares of McDonald's Corp. dropped Monday after Bloomberg News reported that the company had issued a memo to franchisees explaining that a…

NexCen Brands releases strategy review

September 11, 2008

NEW YORK — NexCen Brands Inc. has announced its business update on the review of its strategic alternatives. The company has received multiple bids for its…

Tim Hortons Inc. announces Q2 earnings conference call

July 10, 2008

OAKVILLE, Ontario — Tim Hortons Inc. will release its second quarter earnings results in a conference call on Aug. 7, 2008, the company announced. …

Carol DiRaimo named Jack in the Box VP

July 8, 2008

SAN DIEGO — Jack in the Box Inc. has announced that Carol DiRaimo has joined the company as its vice president of investor relations and corporate…

Del Taco promotes two

July 1, 2008

LAKE FOREST, Calif. — Del Taco has promoted Steve Brake to vice president, treasurer and controller, and Pete Honer has been promoted to vice president…

Triarc looking for more Atlanta space after Wendy's buyout

June 29, 2008

Atlanta Business Chronicle: Atlanta-based Triarc Cos. Inc. wants to add offices in the city after its successful bid to buy hamburger chain Wendy's. The move…

Moody's looks at downgrade for Yum

June 10, 2008

CNN Money.com: Moody's Investors Service put ratings of Yum! Brands on review for a possible downgrade. Moody's said the Louisville, Ky.-based Yum!, which…