MIAMI Burger King Corp. said it has awarded development rights for the island of Curacao to the franchisee group JDA Foods BV, which plans to open six restaurants over the next five years. The first restaurant is expected to open during...
ATLANTA Arby's Restaurant Group Inc. has acquired 41 franchised restaurants in California from San Diego-based Cambridge Investments LLC and its affiliates for an undisclosed price, boosting the franchisor’s ownership to 1,148 of the sandwich...
Foodservice franchising is losing some of its sizzle, according to recent research that shows fewer new franchisors are entering the restaurant industry.After nearly half a century of being a favored business model for those desiring self...
Despite Sicily’s 4,000 years of winemaking history, most of the world has been enjoying serious table wines from this Italian island for only the last 15 years. Quantity was never the issue, as Sicily makes a huge amount of wine, but top-quality...
SAN DIEGO —Quick-service chains industrywide are cautiously balancing their need to launch enticing new products with the inclination to counteract rampant inflation in key commodities. In...
ATLANTA Triarc Cos. Inc., brand parent to the 3,600-unit Arby’s chain, said fourth-quarter operating profit at its restaurant division jumped 37 percent from a year ago to $32 million. The profit surge was attributed to new unit development...