NEW YORK —Eager investors helped a handful of restaurant companies tap the equity and bond markets in the past two months, providing a sliver of hope that the financing freeze may be thawing and investors...
LOUISVILLE Ky. Yum! Brands Inc., the franchisor to Pizza Hut, KFC, Taco Bell and other quick-service brands, posted late Tuesday a 35-percent jump in second-quarter net income, driven by continued growth overseas and...
WASHINGTON The International Franchise Association urged the federal government on Tuesday to help keep CIT Group Inc., one of the largest small business lenders, solvent during its current liquidity crisis. Earlier...
MIAMI Burger King seems set to heat up the burger and value wars with a $1 double cheeseburger this summer. According to securities analyst David Palmer and published reports, Burger King franchisees will vote this...
MARYVILLE Tenn. Ruby Tuesday Inc. posted another quarter of financial results that topped both corporate and Wall Street expectations, as both cost cutting and improved consumer traffic paid dividends for the...
GREER S.C. Kainos Partners Holding Co. LLC, operator of 56 Dunkin’ Donuts locations in New York, South Carolina and Nevada, filed for Chapter 11 bankruptcy protection this week, citing the economic downturn and...
As consumers grow more nervous about unemployment and stay tight-fisted in their spending, a foodservice sales recovery, or an economic turnaround in general, will remain in the distance, a new report from Technomic...
MINNEAPOLIS Famous Dave’s of America Inc., operator or franchisor of 176 barbecue restaurants, said last week it has paid down debt to reduce interest expense and closed on lease terminations for two locations in...
MINNEAPOLIS The Oceanaire Seafood Room's parent company has filed for Chapter 11 bankruptcy protection and shuttered four of its 16 locations, the company said Monday. Restaurants in Philadelphia; Charlotte, N.C....
