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Operations News

Yum! repurchasing stock to boost earnings

January 27, 2011

The board of directors of Yum! Brands Inc. have given the green light for the repurchase of $750 million of the company's outstanding stock throughout the next…

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McDonald's adds board member, global CBO

January 27, 2011

McDonald's Corp. has named Don Thompson, president and chief operating officer, to its board of directors, effective immediately.

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NRA offering POS informational kit

January 26, 2011

In an effort to help its members, and others in the foodservice industry, better understand the complex elements of implementing a point-of-sale system, the…

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Wendy's headed to Argentina

January 26, 2011

Wendy's/Arby's International Inc., a subsidiary of Wendy's/Arby's Group Inc., has signed an agreement with Desarrollos Gastronomicos S.A. (DEGASA) to develop…

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Houstonians set Carl's Jr. international sales mark

January 26, 2011

Carl's Jr. signed an extensive development deal for the Houston market in 2009. The first of these units to open has since proved extremely fruitful for the…

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Dunkin' Donuts inks two more expansion deals

January 26, 2011

Dunkin' Donuts is on a roll. After turning in a productive 2010 filled with many expansion deals, the coffee/donut chain is showing no signs of slowing in 2011.

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NRA adds to its board of directors

January 24, 2011

The National Restaurant Association has named Desmond Hague to its board of directors.

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Famous Brands reports 13.3 percent sales boost

January 24, 2011

Famous Brands Ltd. has reported a staggering 13.3 percent sales growth for December 2010. South African-based Famous Brands has a robust quick-service and fast…

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Hardee's franchisee gets financing boost from GE Capital

January 24, 2011

GE Capital Franchise Finance has provided $15.3 million in financing to Paradigm Investment Group LLC, a large Hardee's franchisee. The credit facility…

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Taco Bell responds to lawsuit; threatens countersuit

January 24, 2011

Irvine,Calif.-based Taco Bell Corp. has responded to a lawsuit brought forth this week by Alabama law firm Beasley Allen claiming that the company misleads…

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McDonald’s reports positive 2010 numbers

January 23, 2011

McDonald’s Corp. had nothing but good news this morning in its fourth quarter 2010 and year-end earnings report. For Q4 '10, ended Dec. 31, global sales were…

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Burger King Canada rolling out 20/20 design

January 23, 2011

A Burger King unit in Thunder Bay, Ontario, was the latest in Canada to shift to the company’s 20/20 design, a global initiative that features a contemporary…

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Where’s the beef? Taco Bell sued on behalf of all consumers

January 23, 2011

Beasley, Allen, Crow, Methvin, Portis & Miles P.C., a Montgomery, Ala.-based law firm, has filed a lawsuit against Taco Bell, claiming it misleads…

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TCBY secures Texas-sized expansion deal

January 20, 2011

TCBY has signed a deal with Lone Star Yogurt to open 200 stores within the next 10 years throughout Texas. The first store is slated to open this month in Lone…

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MTV show too racy for Taco Bell

January 20, 2011

Taco Bell’s commercials have rarely been mundane. The company gave us a talking Chihuahua, a comic book-inspired Super Delicious Ingredient Force and Charles…

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Arby's put up for sale

by Alicia Kelso — Editor, QSRWeb.com

January 19, 2011

The end is near for the Wendy’s/Arby’s Group Inc. partnership. The company announced today that it’s exploring “strategic alternatives” for the Arby’s brand…

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McDonald’s renews partnership with NHL

January 19, 2011

McDonald’s USA has renewed its agreement as a partner of the National Hockey League. In doing so, the quick-service chain positions itself as title sponsor for…

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Hardee’s salutes military families

January 19, 2011

Hardee’s restaurants in the North Carolina market have raised nearly $95,000 for the Patriot Foundation, which supports children of military families and…

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FOCUS Brands names Gary Bales chief concept officer

January 18, 2011

FOCUS Brands Inc. has announced that Gary Bales has been named chief concept officer in addition to his role as president of Carvel. Bales will now oversee…

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Interim El Pollo Loco CEO gets permanent nod

January 18, 2011

El Pollo Loco Inc. has named Steve Sather as its president and CEO. He has been serving in both roles on an interim basis since September, when his predecessor…

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