Blake Bailey named Zaxby's CFO

April 25, 2012

Zaxby’s has announced the appointment of Blake Bailey to chief financial officer (CFO) for Zaxby’s Franchising Inc. (ZFI). Bailey succeeds Tony Townley…

Franchise lending on a steady upswing

April 17, 2012

Franchise lending has steadily increased throughout the past 12 months, according to the new monthly Franchise Lending Index from the International Franchise…

China leads global foodservice market recovery

April 17, 2012

Despite a continuously unpredictable global economy, there was a slight recovery for the global foodservice markets in the fourth quarter of 2011, according to…

Restaurant operators continue to report positive sales, optimism

April 2, 2012

Bolstered by positive same-store sales and traffic results and an optimistic outlook among restaurant operators, the National Restaurant Association's…

Cosi revenue increases while net loss narrows

April 1, 2012

Cosi Inc. has reported a net loss for the fourth quarter ended Jan. 2, 2012, of $2.27 million, or $0.04 per basic and diluted common share, compared with a net…

Report: Expectations rise for restaurant industry

March 27, 2012

The American restaurant industry is starting to benefit from a rise in consumer spending and foot traffic, albeit from a diminished base, according to the 22nd…

The Chalak Group secures $17 million in funding

by Valerie Killifer — senior editor, NetWorld Alliance

March 25, 2012

The Chalak Group has raised $17 million in equity financing that will be used to expand its Genghis Grill and Baker Bros. American Deli chains, in addition to…

Togo's establishes $15 million fund for growth

March 13, 2012

Togo’s Eateries Inc. has announced the formation of a $15 million fund to fuel its development in future years. The funding is available through a franchisee…

Cosi Inc. regains Nasdaq listing compliance

February 23, 2012

Così Inc. has announced that it has regained compliance with the Nasdaq Listing Standards by curing the company's bid price and Market Value of Listed…

Jack in the Box profit falls on refranchising efforts

February 23, 2012

Jack in the Box Inc. reported net earnings of $12 million, or $0.27 per diluted share, for the first quarter ended Jan. 22, compared with net earnings of $32.…

Restaurants adapt to 'new normal' with efficiency, innovation

by Alicia Kelso — Editor, QSRWeb.com

Mergers and acquisitions market won't be as active in 2012.

Garbanzo Mediterranean Grill forms growth partnership with Gemini Investors

February 8, 2012

Garbanzo Mediterranean Grill has announced a partnership with Wellesley, Mass.-based private equity firm Gemini Investors to grow the chain.

Restaurant performance at highest level in six years

January 31, 2012

Fueled by solid same-store sales and traffic results and a bullish outlook among restaurant operators, the National Restaurant Association's Restaurant…

Quiznos completes debt restructuring

January 25, 2012

Quiznos has successfully completed its previously announced financial restructuring on an out-of-court basis.

Boloco presents at ICR Xchange

January 16, 2012

Boloco presented its operational outlook at this year’s 14th Annual ICR XChange Conference on Jan. 10, 2012. This is the third year that Boloco received an…

Fazoli's rings in 2012 with record sales year

January 12, 2012

Fazoli’s wrapped up 2011 with record-setting sales increases, completing a 17-month streak in guest traffic and sales growth.

Pizza Inn appoints new CFO

January 5, 2012

Texas-based Pizza Inn Holdings Inc. has named Jerome L. Trojan, III as chief financial officer.

Restaurant industry performance at five-month high

December 29, 2011

Driven by positive same-store sales and an increasingly optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant…

Wrestling with a million dollar baby - skimming

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…

Quiznos reaches deal to avoid bankruptcy

December 26, 2011

Quiznos has reached an agreement with a significant majority of its first- and second-lien lenders on a consensual financial restructuring plan that will…