Jack in the Box, parent company of Jack in the Box and Qdoba restaurant brands, announced its Q4 and FY results this week.
Jack in the Box's Q4 same-store sales were up 3.1 percent at both company and franchised locations. This is compared to a decrease of 0.2 percent during the same period last year.
For the fiscal year, ended Sept.
Zoe's attributes the comp increase to an increase in transactions and product mix, combined with a 1.3-percent increase in price.
Packaging trends include continued interest in sustainable products.
Card companies will reduce credit card interchange fees over five years by about 10 percent.
Plaintiffs are seeking unspecified damages and free credit fraud monitoring for three years.
Maryellen Torres joined Front Burner Brands this summer as its first-ever chief brand officer, while Michele Whaley became the company's new senior director of marketing.
Dixie Foods International Inc., a Papa John's and Capriotti's Sandwich Shops franchisee, has changed its name to Preferred Restaurant Brands. The company has also added six members to its board of directors. CEO Ken Antos said 'Preferred Restaurant Brands' better...
Jim Peros will oversee all operations and the expansion of the brand's restaurants throughout the West.
The financing from GE Capital will help the 50-unit chain refinance debt and grow.
Jay Young, who previously served at Chuck E. Cheese, will serve on the company’s executive leadership team.
Current stockholders intend to offer 3,800,000 shares of common stock, with 570,000 available for purchase to the underwriters.
Jim Vinz, formerly the president and co-CEO of Le Duff America, will oversee expansion of the Florida-based company, which currently has 26 locations.
In addition to acquiring three units in Louisiana, Zoe's Q3 comps will range between 5.7 percent and 5.9 percent.
Luby's combo locations, which feature Fuddruckers and Luby's Cafeteria at one property location, were up 5.1 percent in Q4.
Dunkin' Donuts and Starbucks are reportedly planning to crash dinner in the New Year. According to The Street, the brands will introduce more "dinner-friendly" items in 2015.
Currently, just 40 percent of Dunkin' Donuts sales come after 11 a.m.