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Business Strategy and Profitability News & Media

Employee theft – A trio succumbs to the “triangle”

Losses to restaurants can occur from just about anywhere. We talk about cash stolen from registers and from customers by a multitude of internal fraud schemes.

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Yogurt Mountain opens S.C. location

December 8, 2010

Yogurt Mountain LLC opened its second store in Greenville, S.C., with a ribbon-cutting ceremony on Dec. 9. Festivities continued with an in-store promotion…

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Chalak Group adds some Yum! to portfolio

December 8, 2010

Chalak Mitra Group LLC, an affiliate of The Chalak Group Inc., has acquired 33 Yum! Brands restaurants in Illinois, Kansas, Missouri and Oklahoma. Financial…

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Wells Fargo to roll out mobile payments pilot

by Valerie Killifer — senior editor, NetWorld Alliance

Wells Fargo & Company is rolling out a Visa microSD mobile payment pilot that will include 200 Wells Fargo team members who are users of specific…

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Schlotzsky’s named in Top 50 franchises for minorities

December 7, 2010

The National Minority Franchising Initiative's (NMFI) has named Schlotzsky's to its list of "50 Top Franchises for Minorities."

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Fazoli’s un-wraps redesigned restaurants in Central Ill.

December 7, 2010

Fazoli’s is unveiling its new, contemporary look and expanded service model this week at its Normal, Ill., restaurant, just one week after re-opening a…

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Freshii launches children’s menu

December 7, 2010

On a mission to build healthy eating habits for children, Freshii is launching its Freshii Kids Menu.

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Saladworks warms up winter with paninis

December 7, 2010

Saladworks has announced the addition of panini sandwiches to its menu offering. The available selection includes Buffalo Chicken, Turkey Melt, Chicken…

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Tossed names Jason Chodash as company president

December 7, 2010

Tossed has announced Jason Chodash, founder of Tossed Franchise Corporation and current executive vice president of the company, has been named president, a…

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Boloco to unveil PeopleMatter Hire

December 6, 2010

Boloco has announced that it will implement PeopleMatter Hire to help find, hire and manage its workforce. Boloco will deploy the PeopleMatter…

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Wingstop launches franchise incentive program

December 6, 2010

As part of its aggressive expansion campaign, Wingstop has announced a franchise incentive program designed to help new and existing franchises open more…

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Caribou shareholder offers public common stock

December 6, 2010

Caribou Coffee Company Inc.'s major shareholder, Caribou Holding Company Limited, an affiliate of Arcapita Bank B.S.C. (c), is offering for sale 5 million…

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Starbucks, Kraft: Breaking up is hard to do

by Valerie Killifer — senior editor, NetWorld Alliance

December 6, 2010

In the he said, she said dialogue between Starbucks Corp. and Kraft, the Seattle-based coffee giant has expressed distaste over Kraft's attempt to delay the…

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Mexican menu popularity boosted by fast casual concepts

December 5, 2010

Limited service Mexican restaurant chains were able to increase sales by 2.7 percent and unit counts by 1.8 percent in 2009, despite an overall industry-wide…

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UFood expands social media efforts

December 5, 2010

UFood Restaurant Group Inc. is expanding its social media efforts and online presence to better engage with consumers and shareholders through Facebook…

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GoMobo changes name to reflect offerings

December 5, 2010

GoMobo was launched in 2005 with a focus of creating a directory listing of restaurants where consumers could order ahead and get food on the go. Over time…

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Pollo Campero showcases health at Disney restaurant

by Alicia Kelso — Editor, QSRWeb.com

Pollo Campero teamed up with its Orlando franchisee Larry Levy to develop and launch Fresh-A-Peel, which features healthier menu items.

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Genghis Grill launches social media-driven music tour

December 2, 2010

On December 11, Dallas-based Genghis Grill will mark the beginning of its first ever social media-driven music tour, Genghis Live. Local city bands that want…

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Wingstop opens first location in Queens, NY

December 2, 2010

Wingstop has opened its first location in Queens, N.Y. The store is owned and operated by franchisee Mac Khahera.

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Holiday business crime prevention tips

Typically crime increases during the holiday season, and stores and restaurants are not exempt. Unfortunately, dishonest people and criminals are attracted to…

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