NPD: U.S. restaurant industry showing signs of improvement

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April 12, 2010

Signals are emerging that the restaurant industry is poised for a turn toward recovery, according to The NPD Group, a market research company that continuously…

Texas Sonic Drive-In settles sexual harassment suit

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April 12, 2010

A Sonic Drive-In in Grapevine, Texas, has agreed to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), for…

N.J. bar & grill switches menu to QSR price points

April 8, 2010

The full-service sector overall has taken a larger hit than quick-serve over the last year or so. Some independent restaurants, such as Taylor's Bar &…

Steve Brake promoted to Del Taco CFO

April 8, 2010

Del Taco LLC has named Steve Brake its chief financial officer, effective immediately. Brake, who has been with Del Taco for seven years, had been vice…

Apollo identified as CKE alternative bidder

April 8, 2010

CKE Restaurants Inc.'s alternate bidder is private equity firm Apollo Management, Reuters reports.   CKE, parent company of Carl's Jr. and Hardee's, announced…

N.J. bar & grill switches menu to QSR price points

April 8, 2010

The full-service sector overall has taken a larger hit than quick-serve over the last year or so. Some independent restaurants, such as Taylor's Bar &…

Steve Brake promoted to Del Taco CFO

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April 8, 2010

Del Taco LLC has named Steve Brake its chief financial officer, effective immediately. Brake, who has been with Del Taco for seven years, had been vice…

Apollo identified as CKE alternative bidder

April 8, 2010

CKE Restaurants Inc.'s alternate bidder is private equity firm Apollo Management, Reuters reports.   CKE, parent company of Carl's Jr. and Hardee's, announced…

25-unit Arby's franchisee files bankruptcy protection

April 1, 2010

A Wesley Chapel, Fla.-based franchise group that operates 25 Arby's in three states under four separate companies is seeking reorganization under Chapter 11 of…

25-unit Arby's franchisee files bankruptcy protection

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April 1, 2010

A Wesley Chapel, Fla.-based franchise group that operates 25 Arby's in three states under four separate companies is seeking reorganization under Chapter 11 of…

Lisa Ingram promoted to White Castle COO

March 31, 2010

Lisa Ingram, great-granddaughter of White Castle System Inc. founder E. W. "Billy" Ingram, has been named the company's chief operating officer, the company's…

Lisa Ingram promoted to White Castle COO

March 31, 2010

Lisa Ingram, great-granddaughter of White Castle System Inc. founder E. W. "Billy" Ingram, has been named the company's chief operating officer, the company's…

El Pollo Loco 2009 loss widens

March 30, 2010

EPL Intermediate Inc., parent company of El Pollo Loco Inc., has reported the system's first negative same-store sales in a decade as the company's net loss…

QSRs show signs of recovery globally

Industry data indicates the segment is improving slightly, especially in Canada, Japan and Italy.

El Pollo Loco 2009 loss widens

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March 30, 2010

EPL Intermediate Inc., parent company of El Pollo Loco Inc., has reported the system's first negative same-store sales in a decade as the company's net loss…

QSRs show signs of recovery globally

Industry data indicates the segment is improving slightly, especially in Canada, Japan and Italy.

Cinnabon-Schlotzsky's co-branding continues to grow

March 25, 2010

A Cinnabon and Schlotzsky's co-branding partnership has resulted in a sales boost for the fast casual sandwich brand.   The co-branding deal, which allows for…

Technomic: 2009 chain sales fall but there were bright spots

March 25, 2010

The 500 largest U.S. restaurant chains registered a decline in sales, posting 0.8 percent annual sales decline in 2009. According to data released today by…

NexCen Brands FY09 revenues down 4%

March 25, 2010

NexCen Brands Inc. has reported unaudited financial results for the fourth quarter and audited financial results for the full year ended Dec. 31, 2009. NexCen…

Cinnabon-Schlotzsky's co-branding continues to grow

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March 25, 2010

A Cinnabon and Schlotzsky's co-branding partnership has resulted in a sales boost for the fast casual sandwich brand.   The co-branding deal, which allows for…