Featured Franchise
Largest Applebee’s Franchisee Acquires 76-unit Taco Bell
The chairman and CEO of Applebee's franchisee Apple American Group has acquired Southern Bells Inc., a franchise group of 76 restaurants - mostly Taco Bell but also some KFC and Pizza Hut units - in Indiana, Illinois and Kentucky, according to a statement.
Latest News
Hertz Extends Timing Agreement With The FTC Until November 16, 2012
Hertz Global Holdings, Inc. today announced that, in connection with its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. for $87.50 per share, Hertz has agreed to extend the term of its timing agreement with the Federal Trade Commission (FTC) until 11:59 p.m. on November 16, 2012.
Red Lobster Offering Non-Seafood Dishes and More Meals Under $15
Red Lobster is rolling out new dishes comprising of chicken and meat for those who are not seafood fans, as well as offering more menu items with price points below $15, in a bid to boost sales.
Subway Ranks High in Zagat Survey, Wendy's, In-N-Out Top Overall Chains
The 2012 Zagat Fast-Food Survey, the restaurant guide with reviews and ratings, has been released and Subway ranks number one in 3 categories while Wendy's is the top overall mega chain and In-N-Out Burger is the top overall large chain.
Study: Wendy's Fastest, Burger King Slowest in Fast Food Speed
A new study published by QSR Magazine recently looked at which are the fastest fast food chains in terms of how quick it is to go through the drive-thru and get exactly what one ordered.
Mucho Burrito Introduces the Ghost Pepper to Canadian Heat-Seekers
Just when you thought summer was over, Mucho Burrito keeps the heat going! Mucho Burrito, the fastest-growing Mexican restaurant chain in Canada, today announced that it has become the first national food chain to use the ghost pepper, one of the world's hottest chili peppers, as part of its menu offering. The limited-time Hotter than Hell and Wimpy 12 inch Ghost Pepper Burritos will be available today until November 2, the Day of the Dead, at Mucho Burrito locations across North America.
McDonald's Raises Quarterly Cash Dividend By 10 Pct
McDonald's Board of Directors declared a quarterly cash dividend of $0.77 per share of common stock payable on December 17, 2012, to shareholders of record at the close of business on December 3, 2012. This represents a 10% increase over the Company's previous quarterly dividend and brings the fourth quarter dividend payout to approximately $770 million.
Carl's Jr and Hardee’s Sales Up Due to New Product Launches [Updated]
CKE Restaurants Inc., the owner of Carl's Jr and Hardee’s announced its second fiscal quarter financial results for the 12 weeks ended Aug. 13.
Chick-fil-A Will Stop Funding Anti-Gay Groups, Mandates Equal Treatment of Gays
Chick-fil-A, which came under fire earlier this year after its president spoke out against gay marriage, has agreed to cease donations from its non-profit charity to anti-gay organizations and issued a company-wide internal mandate calling for the equal treatment of all employees and customers.
Maui Wowi Hawaiian Celebrates its Loyal Fans at Customer Appreciation Day in Phelan, California
Maui Wowi Hawaiianin Phelan, California is celebrating its first annual Customer Appreciation Day on Friday, September 21, 2012; just over a year after the store location was opened by Franchisees, Michael and Darlene McQuown.
