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Franchising News & Media

NexCen Brands among top 5 friendliest franchises for minorities

November 17, 2009

NexCen Brands Inc., owner of multiple quick-serve and retail franchise concepts, has been recognized as one of the top five friendliest franchises for…

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Ten tips for franchise due diligence

Looking into a concept requires more than simply scratching the surface.

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Will breakfast work for Subway?

November 11, 2009

Subway continues to its campaign to overtake McDonald's in its number of worldwide locations and is working to capture some of the burger giant's market share…

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NFA files class action suit against BKC over maximum pricing

November 11, 2009

Burger King's National Franchisee Association (NFA) has filed its second class-action lawsuit against the quick-service burger chain. The first regards the…

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NexCen Brands promotes Slover to VP of development

November 9, 2009

NexCen Brands Inc. has announced the promotion of Jerry Slover to vice president of development, NexCen Franchise Management Inc. Under Slover's direction, the…

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NexCen Brands improves operations in Q2

November 5, 2009

NexCen Brands Inc., franchisor of Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzelmaker and Pretzel Time, has improved on its net loss for…

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Taco Bell franchisee passes $500K fundraising milestone

November 3, 2009

Austaco Ltd., a franchisee of Taco Bell, has announced that its six-year fundraising efforts have produced a contribution of more than a half-million dollars…

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Carrols Restaurant Group's debt reduction improves bottom line

November 2, 2009

Carrols Restaurant Group Inc., the parent company of Carrols Corp., has announced financial results for the third quarter ended Sept. 27. The company is the…

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Dunkin' Brands says CIT bankruptcy won't affect stores

November 2, 2009

Commercial lender CIT Group Inc. filed for bankruptcy Sunday to cut $10 billion in debt after a U.S. bailout and debt exchange offer failed this summer. CIT…

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New KFC in India is Yum! Brand's 13,000th outside U.S., China

November 1, 2009

KFC, Taco Bell and Pizz Hut parent Yum! Brands Inc. has announced the grand opening of its 13,000th restaurant outside the United States and China by its…

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Tim Hortons reorganization impacts net for Q3

October 29, 2009

While most quick-service chains have seen sales fall 2 percent to 4 percent, Tim Hortons Inc. has reported strong sales performance for the third quarter ended…

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Krispy Kreme signs franchise development agreement for Thailand

October 29, 2009

Krispy Kreme Doughnut Corp. continues to expand its international presence. Following last week's announcement of a multiunit franchise development agreement…

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Bojangles' finds opportunity in recession

The company has taken advantage of lower construction and real estate prices to continue its growth.

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QSR franchisees find credit still available

October 27, 2009

Despite the tight credit market, some quick-service restaurant franchisees are obtaining the commercial lending they need to add more stores. Last month, GE…

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Back to business basics for 2010

Eight steps quick-service operators can follow to be well-positioned for the new year.

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McDonald's franchisee pulls out of Iceland

October 26, 2009

Iceland will lose its three McDonald's locations this week due in part to the country's devalued currency, according to a story in The Globe and Mail.

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Soldier wins 2 key rulings in suit with Subway over terminated leases

October 25, 2009

A former U.S. Army reservist who sued Subway Real Estate Corp. for selling his two Dallas-area Subway restaurants has won two important parts of his legal…

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Sonic traffic flat, comps down 4.5% for Q4

October 20, 2009

Sonic Corp. has announced systemwide same-store sales were down 4.5 percent for the fourth quarter and fiscal year ended Aug. 31 versus a decline of 0.…

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Krispy Kreme inks multiunit deal for the Dominican Republic

October 20, 2009

Krispy Kreme Doughnut Corp. has announced that it has entered into a franchise development agreement with Dominspec S.A. for the development of 14 Krispy Kreme…

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Part II: Stacking up to McDonald's

QSRweb.com takes a look at how the smaller chains have fared during the recession.

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