The Franchise Owner's most trusted news source


Log In / Register | Feb 8, 2016

Growth in car sales in key European markets 'encouraging' in January

AutoNews - Tue, 2016-02-02 06:28
New-car sales increased in key European markets in January including 3 percent growth in Germany and double-digit rises in Italy and Spain.
Categories: Latest News

Radisson Blu Opens First Hotel In Latin America

Hotel Interactive - Tue, 2016-02-02 06:28
MINNEAPOLIS—Radisson Blu, one of the world’s leading brands with more than 280 hotels in operation in 62 countries, today announced the ...

VW sinks to 5-year low; Audi extends streak

AutoNews - Tue, 2016-02-02 02:00
Volkswagen's U.S. sales fell 15 percent last month, the embattled brand's third-straight monthly decline, while sibling brand Audi kept up its own streak, recording its 61st straight monthly U.S. sales record.
Categories: Latest News

Ford of Europe boss outlines plan to be a consistent profit maker

AutoNews - Tue, 2016-02-02 01:01
Ford of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent.
Categories: Latest News

Acura, Hyundai tease Super Bowl 50 spots

AutoNews - Tue, 2016-02-02 01:01
A telltale sign of Super Bowl season is when the first hints of game spots hit the Internet.
Categories: Latest News

Le Pain Quotidien Founder Creates 'Botanical' Concept

QSR Magazine - Mon, 2016-02-01 18:18
Le Pain Quotidien founder creates new 'botanical-based' concept.Exclusive Brief: 0

Le Botaniste, a botanical-based, apothecary-inspired restaurant, opens today in New York City. Created by Le Pain Quotidien’s founder and COO Alain Coumont, Le Botaniste is nestled in one of LPQ’s first locations on Lexington Avenue on the Upper East Side. It is the counterpart to the Belgium-based restaurant of the same name and intends to further organic, plant-based eating in New York City.

Chains: Le Pain QuotidienLe Botaniste

Arby's Leads Industry with Same-Store Sales Growth

QSR Magazine - Mon, 2016-02-01 18:03
Image Caption: Image Credit: Arby's outpaces other quick serves three to one in same-store sales.Exclusive Brief: 0

Arby’s achieved industry-leading system U.S. same-store sales (SSS) growth of 8.1 percent in 2015—more than three times the growth rate of a sample of the larger quick-service restaurant chains.

In 2015, Arby’s produced record system-wide sales of more than $3.5 billion, and posted the highest one-year (8.1 percent), two-year (13.8 percent), and three-year (16.6 percent) SSS comps for the Arby's system in more than 20 years. Arby’s has achieved 21 consecutive quarters of SSS growth.

Chains: Arby's

Rubio's Adds Smoky Oaxacan Shrimp to the Menu

QSR Magazine - Mon, 2016-02-01 17:58
Image Caption: Image Credit: Rubio's expands sustainable menu with Smoky Oaxacan Shrimp.Exclusive Brief: 0

Rubio's Restaurants, the brand known for its uniquely delicious coastal cuisine and popularizing the fish taco, is adding to its selection of sustainable grilled seafood with the introduction of the Smoky Oaxacan Shrimp Two Taco Plate and Burrito. Created and developed by cofounder Ralph Rubio and the Rubio’s culinary team, the dishes feature bold new flavors inspired by cuisine of the Oaxacan coastal region of Mexico. The Smoky Oaxacan Shrimp Two Taco Plate and Burrito will be available for a limited time.

Chains: Rubio's

Smashburger Appoints Corner Bakery Exec as CDO

QSR Magazine - Mon, 2016-02-01 17:54
Image Caption: Image Credit: Smashburger appoints Michael Nolan as new chief development officer.Exclusive Brief: 0

Smashburger, the rapidly expanding better burger restaurant known for its fresh, smashed-to-order burgers, announced that Michael J. Nolan, who was previously overseeing franchising and development at Corner Bakery, has been appointed to the position of executive vice president–chief development officer. Nolan will oversee the company's development (real estate, construction, design, facilities), franchise sales, and IT departments effective immediately.

Chains: Smashburger

Dairy Queen Shows Singles Love with New Blizzard

QSR Magazine - Mon, 2016-02-01 17:50
Image Caption: Image Credit: Dairy Queen shows singles and couples alike love with Valentine's LTOsExclusive Brief: 0

Step aside, couples: Singles are redefining the most romantic day of the year. According to a national survey, 50 percent of singles classify themselves as “Proud Singles” on Valentine’s Day and are ready to break the “Sad Single”cliché, yet only 24 percent of all singles treat themselves to a gift on the holiday.

Chains: Dairy Queen

Former Corner Bakery exec named CDO of Smashburger

Nation's Restaurant News - Mon, 2016-02-01 17:30
Michael Nolan to head development, franchise sales and information technology Michael Nolan to head development, franchise sales and information technology

read more

Arby’s reports best same-store sales in two decades

Nation's Restaurant News - Mon, 2016-02-01 17:11
The chain's systemwide sales reached $3.5 billion in 2015 The chain's systemwide sales reached $3.5 billion in 2015

read more

Honda counting on sheep to stir interest in Ridgeline

AutoNews - Mon, 2016-02-01 16:38
Honda debuted the Super Bowl ad for its 2017 Ridgeline truck today, nearly two weeks before it will play in front of an audience expected to top 100 million people nationwide.
Categories: Latest News

Tesla applies for dealership license in Michigan

AutoNews - Mon, 2016-02-01 15:46
Tesla Motors has applied for a Michigan dealership license, a move the automaker said is intended to test a state law effectively banning the electric-vehicle maker's direct-sales model.
Categories: Latest News

GM gains conquest sales through Costco Auto promotion

AutoNews - Mon, 2016-02-01 15:22
Sales generated under a holiday promotion to sell GM vehicles to Costco members were 34 percent higher than the previous year, and over half of those sales were to people who switched from other brands, Costco said today.
Categories: Latest News

Landry’s details extent of data breach

Nation's Restaurant News - Mon, 2016-02-01 14:39
Attack on payment system goes back to May 2014, company says Attack on payment system goes back to May 2014, company says

read more

Doc Popcorn Passes 100-Unit Mark, Plans to Cobrand

QSR Magazine - Mon, 2016-02-01 14:20
Image Caption: Image Credit: Doc Popcorn passes 100-unit mark, begins cobranding with Dippin' Dots.Exclusive Brief: 0

Doc Popcorn, a growing international franchise specializing in fresh-popped, kettle-cooked flavored popcorn, completed 2015 with robust retail and franchise sales and a number of agreements to open new locations domestically and abroad in 2016. Its growth pushed the brand past the 100-unit mark in 2015. In addition to malls, stadiums, convention centers, and farmer’s markets, Doc Popcorn signed an innovative deal to open cobranded units with Dippin’ Dots in a leading car wash service and convenience chain throughout the Southwest.

Chains: Doc PopcornDippin' Dots

BIP Capital Launches Franchise Accelerator Program

QSR Magazine - Mon, 2016-02-01 14:14
Image Caption: Image Credit: BIP Capital launches Franchise Accelerator to grow its quick serves.Exclusive Brief: 0

BIP Capital, an Atlanta-based venture capital firm, launched a franchise development division, the BIP Franchise Accelerator, to help emerging brands accelerate their growth. Currently, the BIP Franchise Accelerator's portfolio includes fast-casual concepts Tropical Smoothie Café and Tin Drum Asian Kitchen, and the company is seeking to invest in brands with high growth potential across all franchise segments.

Chains: Tropical Smoothie CafeTin Drum Asiacafé

Teens and Young Adults Remain Loyal to Chipotle

QSR Magazine - Mon, 2016-02-01 14:08
Image Caption: Image Credit: Teens and young adults remain loyal to Chipotle, NPD Group finds.Exclusive Brief: 0

Chipotle’s recent series of food safety outbreaks rattled its investors and enough of its customers to see visits decline, but the chain’s strong base of teens and young adult customers continued to support the fast casual chain, finds The NPD Group, a leading global information company.  In the quarter ending December, during which several of the outbreaks occurred, total visits to Chipotle were down 5 percent compared to a 19 percent traffic gain the same quarter year ago.

Chains: Chipotle

NRA Announces New Board Members, Officers

QSR Magazine - Mon, 2016-02-01 14:05
Image Caption: Image Credit: NRA and NRAEF announce new board members and officers.Exclusive Brief: 0

The National Restaurant Association (NRA) and the National Restaurant Association Educational Foundation (NRAEF) announced the election of officers to its board of directors and board of trustees, respectively. The officers, who serve one-year terms, led their first board meeting this week in Palm Beach, Florida. In addition, the NRA and NRAEF have named several industry leaders to join their boards.