Today's news for the franchise & small biz owner

Log In / Register | May 19, 2013

Disclaimers Do Not Bar Franchisee Claims of A&W Violating Franchise Law

LOUISVILLE, Ky. – A federal court has ruled that the disclaimers in A&W’s franchise disclosure documents given to a franchisee when buying his franchise do not bar his counterclaim that A&W violated the Minnesota Franchising Act when giving him untrue statements and financial projections.

CKE Restaurants Pulls IPO

Bull on Wall Street eludes CKE Restaurants desire for an IPO
Bull on Wall Street eludes CKE Inc

CARPINTERIA, Calif. — CKE Inc announced this evening that it is pulling its initial public offering because of poor market conditions.

Smashburger CEO Touts Success, Strategy

A door to a new Smashburger in Louisville, Ky
A door to a new Smashburger in Louisville, Ky

David Prokupek, CEO of Smashburger, is proud in being recognized by Forbes as America’s Most Promising Company. As a self-proclaimed “serial entrepreneur,” Prokupek plans on proving the magazine to be right.

McDonald’s April Sales Slump as Burger King’s Rises

OAK BROOK, Ill. — McDonald's Corporation (NYSE:MCD) announced on Tuesday that same store sales growth for company and franchised stores open for at least 13 months in the United States missed estimates. Same store sales were up 3.3 percent, down from analysts more lofty expectation of 5.

Wendy’s Now Number Two

Wendy's Old Fashion Hamburgers sign in Utah
Wendy's flying high. (Photo by thrasher8105)

Wendy's domestic sales in 2011 have passed up former #2 burger chain giant, Burger King Holdings Inc.

Fatburger Parent Adds Buffalos Cafe to Its Portfolio

Fatburger

photo/tjschloss

CEO/chairman Andrew Wiederhorn announced that his Fog Cutter Capital Group Inc. has added Buffalo’s Cafe to its franchise portfolio, along with its Fatburger hamburger stand brand.

McD Changes Tune After Employee Wins

The McDonald's worker who was assaulted by two customers was freed after a grand jury refused to indict.

Burger King CEO Calls British Women Ugly, English Food Bad

Bernardo Hess
Bernardo Hees, CEO of Burger King Holdings, photo/exame.com

The new CEO Bernardo Hees of fast food chain Burger King said publicly that British food was terrible and their women ugly.

Activists Hold Ronald McDonald Hostage

Ronald McDonald with Friends, taken at a Cincinati McDonald's

Drawing of Ronald with friends during happier times at a Cincinnati McD

Last week, Ronald McDonald, the very icon of happiness itself, was abducted by a Finnish group calling itself the Food Liberation Army.