Pizza Inn Holdings Inc., the parent company of Pie Five Pizza Co. and Pizza Inn, has announced that it is changing its name to RAVE Restaurant Group Inc., reflecting the company's transition to a multi-brand group.
Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.
Mergers and acquisitions market won't be as active in 2012.
The restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten your business and you may not even know about it.
In this session from the 2011 Fast Casual Executive Summit, attendees heard from operators large and small about the ways they are growing sales, integrating creative marketing techniques and (re)shaping the industry. Panelists included: Ed Rensi, co-founder, Tom & Eddie's;...
Technology has transformed the process of qualifying employees for tax credits and collecting Uncle Sam’s incentives. What was a manual, red tape-ridden process ripe with high potential for errors has become a streamlined digital transaction. In my last column, I...
Boefly has attracted many big-name chains as they seek various funding options for growth.
Return on Innovation (ROI), and not Return on Investment is the new demand (and expectation) of Wall Street Investors.
To build a strong ROI, Wingstop executives built in four pillars for success.
See More »
Private equity firms attracted to strong growth potential.
A Zaxby's expansion is underway in Nashville, Tennessee, with three new stores to open over the next several months.
Pennsylvania-based Saladworks LLC announced it has filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code.
Allen Wolff, among other responsibilities, will assume the principal accounting duties and report directly to CEO Ram Krishnan.
With 288 deals and $95.2 billion raised, 2014 will end with record activity in the US IPO markets, according to the EY Global IPO Trends: 2014 Q4 report released this week. EY Global said 2013 revived the IPO market in...
Peak Franchise Capital, based in Irving, Texas, will help facilitate the sale of Jamba stores in key California markets, including San Francisco, San Diego and Sacramento.
The National Restaurant Association's Restaurant Performance Index posted solid gains in October, driven in large part to falling gas prices. According to a news release, the RPI was 102.8 in October, up 1.8 percent from September. “The positive same-store sales...
The funding will help Luna Grill continue its plans to grow to 30 locations by the end of 2015.
Shares will be available at a price of $18 per share starting Nov. 20.
The financing from GE Capital will help the 50-unit chain refinance debt and grow.
GE Capital's Franchise Finance business has provided a $95 million senior credit facility to JIB Management Inc., the largest domestic Jack in the Box franchisee. According to a news release, JIB will use the funds to refinance existing debt and...
The fast casual segment continues to outpace the rest of the restaurant industry and will continue to do so, despite having higher price points than its QSR competitors, according to Bob Bielinski, managing director of CIT Corporate Financie. "Fast casual...
Restaurant operators are unimpressed about the direction of the economy.
Comps for company stores increased 2.1 percent and 0.7 percent for franchise stores while margins declined 2 percent due to food costs and costs related to Panera's 2.0 initiative.
Three of Brix Holdings' franchise brands today announced limited-time offers providing financial incentives for new franchisees. The new programs will ensure real estate selection opportunities and charge zero percent royalties for the first six months after opening a Red Mango,...
See More »
According to CIT Group’s newly-released and third annual Voice of the Middle Market study, a majority of middle market execs have a positive outlook for their businesses, with 63 percent indicating that their companies are better off today than last...