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Franchising News & Media

Financial analysts predict downward spiral of QSR burger brands

August 6, 2014

Are burgers and fries no longer American staples? Some financial analysts predict that will soon be the case.

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Juice It Up! posts 19 percent YOY sales growth

August 5, 2014

Juice It Up!  announced second quarter sales had increased by 13 percent and average unit volume sales had increased by 16 percent compared to the same period…

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The Coffee Bean & Tea Leaf inks exclusive area development agreement for Japan

August 5, 2014

The Coffee Bean & Tea Leaf announced it has signed an exclusive area development agreement with L.A. Style to introduce the brand to Japan. L.A. Style is a…

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Togo's to develop seven restaurants in Northern California

August 5, 2014

Togo's Eateries Inc. announced today it has signed development agreements with new and existing franchisees to expand its footprint in several California…

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Fatburger announces development deal for 15 stores in the Philippines

August 5, 2014

Fatburger announced a development agreement giving Trimark Holdings Inc., the exclusive rights to develop more than 15 stores throughout Manila and surrounding…

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Restaurant industry adds nearly 19K jobs in July

August 4, 2014

The National Restaurant Association's Chief Economist Bruce Grindy announced today that the restaurant industry added a net 18,600 jobs in July on a…

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CaliBurger enters franchise agreement to develop 10 units in Maryland

August 4, 2014

CaliBurger announced today that it has executed a franchise agreement to develop ten CaliBurger restaurants in Maryland. The opening of the first franchised…

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Modmarket expands into Dallas

August 4, 2014

Modmarket recently announced plans to open four restaurants in Dallas over the next nine months. Dallas is the first city tapped for Modmarket's expansion…

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Peet's Coffee & Tea acquires Mighty Leaf Tea

August 4, 2014

Peet's Coffee & Tea Inc. announced today that it has acquired Mighty Leaf Tea in partnership with Next World Group, a private investment firm.

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Morgan makes the leap from Smashburger to Tava Indian Kitchen

by Brenda Rick Smith — Editor, Networld Media Group

Tava aims to expand throughout San Francisco and into Denver.

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Einstein Noah squeezes out same-store sales increase, cuts staff by 10%

August 1, 2014

Einstein Noah Restaurant Group Inc., parent company of Einstein Bros. Bagels, Noah's New York Bagels and Manhattan Bagel brands, reported financial results for…

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Sloan's Ice Cream plans Lauderdale-By-The-Sea location

August 1, 2014

Sloan's Ice Cream is planning to open its newest location in November in Lauderdale-By-The-Sea, Fla. Owners of the new location are David and Debra Olmo, who…

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Restaurant traffic slips in June, same-store sales continue to rise

August 1, 2014

The National Restaurant Association’s monthly Restaurant Performance Index reported a moderate decline in June, driven largely by softer traffic. The RPI was…

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Chicken Salad Chick gains more ground in South Carolina

August 1, 2014

Chicken Salad Chick announced today the development of a new franchise location in the Charleston, S.C., area. The new restaurant will be located at 400 Azalea…

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Meatheads opens second Indiana restaurant

August 1, 2014

Meatheads is opening a new restaurant at 69 US Hwy 41, Suite 300 Schererville, Ind., on Aug. 11. Members of the Schererville Chamber of Commerce will help…

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Menchie's plans grand opening of Chicago store

August 1, 2014

Menchie's has opened its newest store in Chicago at the intersection of Clybourn and Wrightwood. To celebrate the opening, Menchie's will hold a seven-day…

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Fatburger opens first Doha, Qatar location

August 1, 2014

Fatburger recently announced the opening of its first location in Doha, Qatar, in The Pearl, a tourist and recreational destination. The new Fatburger, owned…

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La Madeleine opening Pearland, Texas store

August 1, 2014

La Madeleine will open a new restaurant in the Pearland Town Center at 11200 Broadway in Pearland, Texas, on Aug. 2.

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Smoothie King posts strong Q2 results

August 1, 2014

Smoothie King Franchises Inc., reported 9.79 percent same-store sales growth in Q2 2014.

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Blue Lemon set to open sixth location

August 1, 2014

Blue Lemon recently announced signing an agreement to open it first restaurant in Ogden, Utah. The store will be located in a 4,000 square-foot space at 33…

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