Franchising News
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…
read nowNexCen 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…
read nowTaco 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…
read nowCarrols 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…
read nowDunkin' 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…
read nowNew 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…
read nowTim 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…
read nowKrispy 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…
read nowQSR 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…
read nowMcDonald'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.
read nowSoldier 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…
read nowSonic 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.…
read nowKrispy 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…
read nowQSRs target India for growth
October 15, 2009
India is the new hot international growth property for quick-service restaurants. For example, Yum! Brands Inc. executives said in the company's recent…
read nowWendy's/Arby's to focus on international growth
October 11, 2009
Wendy's/Arby's Group Inc. has announced organizational changes in its international subsidiary as part of the company's strategic initiative to further develop…
read nowDunkin' Brands announces more executive changes
October 11, 2009
Dunkin' Brands, parent company of Dunkin' Donuts and Baskin-Robbins, continues to undergo management changes under first-year CEO Nigel Travis. The company has…
read nowDairy Queen opens 200th location in China, plans 500 more
October 8, 2009
Dairy Queen has reached a milestone in China, having opened its 200th location in the country. The store is located in Xi'an, the capital city of Shaanxi…
read nowTCBY opens store giveaway contest to video submissions
October 8, 2009
TCBY, The Country's Best Yogurt, has officially begun collecting entries for This Could Be Yours, The Great TCBY Store Giveaway, a contest created to spur…
read nowBeautiful Brands launches QSR donut franchise
October 7, 2009
Beautiful Brands International (BBI) has announced the opening of the first store in its latest franchise brand, Dixie Cream Donut Co. The first location is in…
read nowDunkin' Donuts continues growth in China
October 7, 2009
As part of its greater China expansion strategy, Dunkin' Donuts recently opened its first two shops in Shenzhen, Guangdong Province. The first shop is located…
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