NRN surveyed over 400 restaurant operators for our latest market leader report. Discover how these industry leaders are leveraging data to shape their strategies and drive success.
BATON ROUGE La. The 70-unit Raising Cane’s Chicken Fingers chain has appointed Shawn Jenkins to the new post of vice president of purchasing. Jenkins most recently was vice president of purchasing for Metromedia Restaurant...
NEW YORK Echoing the crash in the broader market, the NRN Stock Index fell 5.12 percent on Monday, its largest one-day loss in four years, on news the House of Representatives had failed to pass a $700 billion bailout plan that investors hoped...
NEW YORK NexCen Brands Inc., the embattled franchisor of five quick-service chains and four retail or consumer products brands, reported Tuesday that revenues from its franchising business totaled $12.0 million for the second quarter ended June 30...
This is the fourth in a series of seven articles exploring the growth cycles of some of the industry’s hottest concepts. Each story looks at a different facet of the evolution of emerging chains, from conception to financing to expansion into new...
Jamba Juice store managers in Hawaii love the flexibility of their schedules, says Dean McPhail, chief executive and owner of JJC Hawaii LLC, the smoothie chain’s Honolulu-based franchisee. That got McPhail thinking: Wouldn’t the employees in his...
CARPINTERIA Calif. CKE Restaurants Inc., parent of the Carl's Jr. and Hardee's brands, said it would continue to focus on its premium offerings despite "aggressive discounting and literal giveaways" by its quick-service rivals. CKE...
NEW YORK Private-equity firm Sentinel Capital Partners closed last month on the purchase of 123 Pizza Hut restaurants in Southern California from brand franchisor Pizza Hut Inc., a subsidiary of Yum! Brands Inc., the company said. Terms of the...
AUSTIN TEXAS Carino’s Italian Grill here, had a newfound appreciation for his employer when he discovered how much he was really making. —Tray Mitchell, a managing partner of a Carino’s brand owner, Fired Up Inc., which operates...