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Log In / Register | Nov 23, 2014

McDonald’s Hit Hard in August, Down 3.7%

The wall of a McDonald's in Bronx
A McDonald's in northeastern U.S.| photo/ps

OAK BROOK, Ill. – McDonald's Corporation this morning announced that its U.S. same-restaurant sales decreased 2.8 percent in August, the fourth month of consecutive sales drops.

Chain Restaurant Traffic Flat, Independents Shrink in Q2

Independent vs Chain restaurant growth for consumer visits and restaurant unit count
Chart: Blue MauMau; Data: NPD

CHICAGO —The marketing clout of major and small restaurant chains in the United States was able to keep total consumer visits from dipping during the April through June quarter. Visits were flat for the restaurant industry. That is better news than independent restaurants, which saw a decline in consumer visits of 2 percent for the quarter, reports foodservice researcher The NPD Group. 

Avenue Capital Sues Quiznos Former Ownership for Fraud

New Quiznos headquarters in Denver
Quiznos headquarters moves from downtown Denver. Shutters company store prototype. photo/js

DENVER—Multi-billionaire hedge fund investors Avenue Capital and Fortress Investments filed a federal lawsuit against Quiznos former owners Richard ‘Ric’ Schaden, father Dick Schaden and key executives.

Restaurant Traffic Remains Flat with No Rise in Sight

Source: The NPD Group

American consumers made 61 billion visits to restaurants in the year ending May 2014. Consumers have roughly been making that same number of visits for years, despite a growing population in the United States of 0.7 percent per year.

Businessweek on Franchising: An Inch Deep Look

This week, Bloomberg Businessweek has a detailed cover story about Burger King’s (NYSE:BKW) leadership.

Could Franchisees Be Toasted by Quiznos Bankruptcy?

When Quiznos filed for Chapter 11 bankruptcy protection back in March, there wasn't a lot of reaction from the public.

Let’s Sell This Crumby Shop to Franchisees

lemons
Pedestrians stare into a shuttered Crumbs shop in Manhattan. photo/ad

Crumbs Bakery Shop contemplated that it had to file Chapter 7 liquidation and close all its remaining stores a week after CRUMBS was delisted July 1 on the NASDAQ stock market.

Franchisee's Hopeless Cry from Quiznos Bankruptcy Rubble

Homeless Franchisee
Blue MauMau rendition of franchisee ruined by franchisor bankruptcy

WILMINGTON, Delaware – As the Quiznos sandwich chain awaits a court order that will declare that it has emerged from bankruptcy reorganization, one franchisee’s desperate plea is now on court record, along with the 400-plus other Chapter 11 document filings.

What Does Restaurant Refranchising Really Mean?

Two weeks ago, McDonald’s (MCD) announced it planned to refranchise up to 1500 units out of Europe and Asia Pacific, and announced a series of increased dividends and share buy back plans.

Franchisors and Numbers Reporting: It's Not What You Expect, but What You Inspect

Kudos once again go to Popeye's Louisiana Kitchen Inc. (PLKI) not only for a good Quarter One 2014 earnings results reported just last evening, but also for continuing the practice of being the only publicly traded restaurant franchisor that I'm aware of that reports its franchisees cash flow proxy number.