Sites Menu > Industry News

	Applebee’s says Breeden rejects peace offering OVERLAND PARK, Kan. (Mar. 9) — Applebee’s International Inc. said an offer to give dissident shareholder Breeden Capital two of the four board seats it is seeking in a proxy challenge has been rejected by the 5-percent stakeholder, setting the stage for continuing conflict.
	Applebee’s unveils new logo and ad campaign with ‘spokesapple’ OVERLAND PARK, Kan. (Oct. 25) — Applebee’s Grill & Bar is taking an edgier tack in its marketing with the launch of an ad campaign that features a wisecracking apple. The overhaul also extends to redesigns of the concept’s logo, menu and uniforms, and the chain is experimenting with new building designs as well.
	Aramark goes private again in possibly biggest foodservice deal ever PHILADELPHIA (Jan. 26) — Aramark Corp., the contract foodservice concern based here, became a private company today with the completion of its $8.3-billion buyout by a management-led group.
	Aramark, shareholders settle buyout share price suit PHILADELPHIA (Apr. 13) — A Delaware judge approved a $222 million settlement between Aramark Corp., the contract foodservice company based here, and its shareholders in conjunction with the company's $8.3 billion buyout in January.
	Arby's Fries First to Go Trans-Fat Free [2006-11-28] Arby’s Restaurant Group, Inc. announced it has started serving French Fries with zero grams of trans fat as calculated under FDA nutrition labeling regulations.
	Arby's Owner Claims Wendy's Buyout Block [2007-07-05] Billionaire investor Nelson Peltz said that the company is blocking him.
	Atlanta’s Artuzzi’s sells stake, inks growth deal ATLANTA (Dec. 22) - Artuzzi’s Italian Kitchen Franchise LLC, operator and franchisor of six-unit Artuzzi’s here, sold an undisclosed equity stake to locally-based Fran-Systems and signed a 15-unit northeast Atlanta development deal with Brunetti Brands Inc., headed by single-unit Artuzzi’s operator John Brunetti.
	Brinker sued over alleged violations of employee break laws SAN DIEGO (July 17) - SAN DIEGO - A Superior Court judge here certified a class of 63,000 former and current Brinker International Inc. employees as plaintiffs in a case against the parent of Chili’s, Romano’s Macaroni Grill, Maggiano’s Little Italy and other brands over alleged violations of California law requiring meal and rest breaks, a published report quoting an attorney for the workers said.
	McDonald's Reports Strong Second Quarter Sales and Preliminary Earnings Per Share Growth [2006-07-17] McDonald's global comparable sales increased 5.5 for the second quarter, while preliminary second quarter earnings per share are expected to be about $0.67.
	Novello resigns as Outback president TAMPA, Fla. (July 17) - OSI Restaurant Partners Inc. said chief operating officer Paul Avery would resume the presidency of the casual-dining giant’s 931-unit Outback Steakhouse brand until a permanent replacement can be found for Benjamin Novello, who resigned the post Monday.
	Subway’s DeLuca tells franchisees they have no case MILFORD, Conn. (June 30) - Subway franchisees will get no help from the courts in their attempt to stop the chain’s franchisor from diverting licensee payments to an advertising cooperative, concept founder and owner Fred DeLuca asserted in a letter to the franchisees.
	Trans-fat ban proposed for Chicago CHICAGO (June 29) - In another attempt to rid restaurants of trans fats, a city official here has proposed a ban on the use of partially hydrogenated oils by foodservice establishments.
	Back Yard agrees to be acquired for $38M MEMPHIS, Tenn.(June 11) - Back Yard Burgers Inc., franchisor of the namesake regional quick-service chain, has agreed to be acquired for $38 million by a group led by Steve Lynn, a former chairman and chief executive of Sonic Corp. and Shoney's Inc.
	Back Yard Burgers to sell outstanding shares MEMPHIS, Tenn. (Aug. 27) - A group including former Sonic Corp. and Shoney’s Inc. chairman and chief executive C. Stephen Lynn has offered $6.10 per share, nearly $28.4 million, to buy the outstanding shares it doesn’t already hold in Back Yard Burgers Inc.
	Bad-boy chef Gordon Ramsay parks his knives in NYC NEW YORK (Nov. 17) - NEW YORK - Famed chef and television star Gordon Ramsay has opened his first U.S. restaurant, a 45-seat fine-dining spot here called The London, in the similarly named The London NYC Hotel.
	Baja Fresh and Coke Foodservice Sign 5-Year Deal [2007-07-19] Baja Fresh announced today a 5-year beverage contract with The Coca-Cola Company.
	Baja Fresh plans new round of menu changes THOUSAND OAKS,, Calif. (Aug. 30) — The Baja Fresh fast-casual chain said it plans to expand its menu with the Sept. 12 addition of two shrimp burritos, two versions of a meat-and-potato burrito, a tomatillo-mango salsa and chili.
	Bar-B-Cutie debuts first international restaurant in Spain BRENTWOOD, Tenn. (Aug. 18) - Bar-B-Cutie Franchise Systems LLC, owner of the 50-year-old, seven-unit Bar-B-Cutie brand, will open its first international restaurant in Valencia, Spain through a 20-unit deal inked early this month with Family & Friends Food SL.
	Beef 'O' Brady's completes a recapitalization TAMPA,, Fla. (Aug. 6) — Family Sports Concepts Inc., the franchisor of more than 230 Beef ‘O’ Brady’s casual-dining restaurants, closed last week on a “major recapitalization” funded by private-equity firm Levine Leichtman Capital Partners, according to a statement from the parties. Terms of the deal were not disclosed.
	Bennigan's to unveil a sports-bar format PLANO, Texas (May. 3) — Bennigan's Grill & Bar, the 310-unit casual-dining division of Metromedia Restaurant Group, plans to debut a sports-themed brand extension called Bennigan's Sport later this month.
	The Big Mac turns 40! [2007-08-24] Normally, a 40-year-old sandwich would be something to be avoided. Unless you're one of millions who flock to McDonald's each year to chow down on a Big Mac.
	BK details new broiler, smaller-building rollouts MIAMI (Mar. 15) — Burger King Holdings Inc. will have its energy-saving flexible batch broiler in all 850 company-operated stores within the United States and Canada by July 1, executives said at a financial conference in Las Vegas on Wednesday. The new equipment yields a savings of about $600 per restaurant annually, according to the officials.
	BK franchisee Carrols records 65% jump in 2nd-Q profit SYRACUSE, N.Y. (Aug. 10) — Carrols Restaurant Group Inc., the largest Burger King franchisee and owner-operator of the fast-casual Pollo Tropical and Taco Cabana brands, reported a 65-percent surge in second-quarter profit on a 5-percent revenue gain and reduced costs from lease refinancings and debt reduction.
	BK franchisee to sell 240 stores MIAMI (Dec. 27) - Burger King’s second-largest franchisee is selling more than 240 units for $155 million to GSO Capital Partners, a New York-based hedge fund, according to a published report.
	BK investors sell 13.28M shares WASHINGTON (Nov. 21) — Funds controlled by two major investors in Burger King Holdings Inc., Bain Capital and TPG Capital, sold this week a total of 13.28 million of their common shares in the No. 2 burger brand, reducing the investors’ holdings by about 25 percent each, according to filings with the U.S. Securities & Exchange Commission.
	BK looks at three-meal line of wraps MIAMI (Dec. 21) - Burger King is testing a line of wraps called BK Hold ‘Ems that could be sold in different versions for different meal times, from a sausage, egg and cheese preparation at breakfast to a chicken Caesar selection at lunch, according to the company and analysts reports.
	BK now says U.K. ad ban won’t be a wallop MIAMI (Dec. 28) - Burger King Holdings Inc. has contradicted an executive’s assessment that a voluntary halt in advertising to children in the United Kingdom would cut sales there by at least 10 percent, saying in a statement that the impact will in fact be “minimal.”
	BK offers Xbox games MIAMI (Oct. 4) - Burger King’s The King ad character and the chain’s famous Subservient Chicken will be featured in Xbox and Xbox 360 video games available at BK units nationwide during the coming holiday season.
	BK swings to a profit MIAMI (Aug. 24) — Completing its first full year as a public company, Burger King Holdings Inc. cited early morning and late night sales, as well as large year-earlier charges from its initial public offering, as drivers behind its latest quarter’s reversal of a year-earlier loss.
	BK to escalate the battle for breakfast with new $1 menu MIAMI (Jan. 19) — Burger King said it will add a breakfast menu of 10 items priced at $1 each on Feb. 19. The rollout is believed to be the first shift of the dollar menu, one of the quick-service sector's most effective traffic-builders at lunch and dinner, into the hotly contested morning market. The new array of $1items will include a new ham, egg and cheese sandwich, dressed with honey butter and served on a sesame-seed bun, that BK has dubbed the Hamlette. The 11,100-unit chain said the Hamlette will be the "star" of the new Breakfast Value Menu.

[1] [2] [3] [4] [10] [12] Next