Triarc to sell interest in Deerfield & Company

December 18, 2007

ATLANTA — Triarc Companies Inc. has announced that Deerfield Triarc Capital Corp. will acquire Deerfield & Company LLC, a Chicago-based fixed income asset…

McDonald's plans 120 restaurants in China in '08

December 18, 2007

TradingMarkets: McDonald's Corp. plans to open 120 restaurants in China in 2008, half of which will be in the southern Chinese Province of Guangdong, said…

Nev., Ariz. to lead '08 restaurant growth

December 17, 2007

Phoenix Business Journal: Arizonans will spend almost $8.4 billion in 2008 at bars, restaurants and commercial venues, according to the Arizona Restaurant…

Yum appoints Eaton chief operating, development officer

December 16, 2007

LOUISVILLE, Ky. — Yum Brands Inc. has appointed Roger Eaton as chief operating and development officer-designate, replacing Peter Hearl, who will retire at…

Rita's Water Ice chips away at growth

December 16, 2007

With the opening of a store in Mooresville, N.C., Rita's Water Ice has carried its mission of "Ice, Custard and Happiness" to 500 locations in the United…

AFC Enterprises' COO resigns

December 13, 2007

ATLANTA, Dec. 13 — AFC Enterprises Inc., the franchisor and operator of Popeyes Chicken & Biscuits, has announced that James W. Lyons has resigned as…

CKE comps up in 3Q

December 12, 2007

CARPINTERIA, Calif. — Same-store sales at CKE Restaurants Inc.'s Carl's Jr. brand increased 0.7 percent in the third quarter compared with the same period last…

Yum to follow McDonald's model

December 12, 2007

Louisville Courier-Journal: Louisville, Ky.-based Yum Brands Inc., parent of the KFC, Taco Bell and Pizza Hut brands, plans to take a page from the McDonald's…

NRA releases 2008 forecast, partners with Podcast Grill for three-part series

by Valerie Killifer — senior editor, NetWorld Alliance

December 12, 2007

NetWorld Alliance, publisher of QSRWeb and Podcast Grill, has partnered with the National Restaurant Association on the production of several…

Chick-fil-A founder: Children to keep company private

December 10, 2007

Reuters: Truett Cathy, the 86-year-old founder of Chick-fil-A, has said his three children have promised him the family business will stay private and closed…

Wendy's in CMO search

December 9, 2007

DUBLIN, Ohio — Wendy's International Inc. is conducting a national search for a new chief marketing officer to replace Ian Rowden, who is resigning as CMO to…

McDonald's to help franchisees with coffee costs

December 9, 2007

BusinessWeek: McDonald's Corp. will support U.S. franchisees by paying for up to 40 percent of the restaurant renovations needed for the rollout of its…

300 gallons of oil leak into Wendy's lot, pond

December 9, 2007

WFTV (Orlando): An estimated 300 gallons of cooking oil spilled into the parking lot of a Wendy's in Lake Mary, Fla. The oil has leaked into a storm drain and…

McDonald's releases November comps

December 9, 2007

OAK BROOK, Ill. — Global comparable-store sales for McDonald's Corp. restaurants rose 8.2 percent in November and 7 percent for the year to date, the company…

Yum Brands outlines 2008 plans

December 6, 2007

LOUISVILLE, Ky. — Yum Brands Inc., operator of the KFC, Pizza Hut, Taco Bell, Long John Silver's and A&W brands, plans to expand its U.S. refranchising…

Employers must use revised I-9

December 5, 2007

Business First (Louisville, Ky.): Employers must begin using a revised I-9 employment eligibility verification form for new employees by Dec. 26, 2007. The…

CKE sells 30 Hardee's restaurants in Kansas City

December 4, 2007

CARPINTERIA, Calif. — Hardee's parent CKE Restaurants Inc. has announced the sale of 30 restaurants in its Kansas City market to Rising Stars LLC as part of…

Burger King launches NFL fan experience

December 3, 2007

MIAMI — Burger King Corp. is supporting its NFL sponsorship with the launch of the Burger King Have It Your Way NFL Challenge, an interactive touring fan…

Founder of Popeyes owner stepping down

December 3, 2007

Atlanta Journal-Constitution: Frank Belatti, founder of AFC Enterprises, the owner of Popeyes Chicken & Biscuits, is stepping down as chairman of the…

Taco Bell to give away bowl game seats

December 3, 2007

IRVINE, Calif. — Taco Bell is giving football fans a chance to win VIP seats to the Allstate BCS National Championship Game, as well as their choice of three…