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Log In / Register | Apr 24, 2014

Quote of the Year

“There are many franchisors who continue to be registered in California [with the state government, allowing them to sell  franchises] despite having pages of disclosures about concluded litigation holding them liable for fraud, embezzlement, fraudulent conversion, or misappropriation of property.”

McDonald’s July Sales Beat Flat Expectations

Golden Arches in New York City

OAK BROOK, Ill.—McDonald's Corporation on Thursday announced that U.S. comparable sales for stores opened at least 13 months were slightly better than the grim expectations.

McDonald's Healthy Items Fail Wall Street Expectations

McDonald's Corp.The good news this morning is McDonald’s stock rose four percent in its second-quarter earnings. The bad news is it fell short of Wall Street expectations.

Supersizing Better Burger Chains Today

Wimpy eyes some hamburgers, actually someone at Halloween impersonates Wimpy
A Wimpy costume at Halloween. photo by atxryan

Like J. Wellington Wimpy of Popeye fame, franchisors will gladly pay investors Tuesday for better burgers today. Private equity firms are stumbling over themselves to pour money into better burger chains.

Fatburger CEO Says Found Way around ObamaCare

West Coast-based Fatburger CEO Andy Wiederhorn, who went to prison in the mid-2000s for concealing massive loan losses and a Ponzi-like scheme with investment firm Capital Consultants, has just appeared on television's business station CNBC at 3:30 p.m. EST. Wiederhorn says his franchise owners have found a way around ObamaCare requirements.

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.