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Shrinking Huddle House Sold to Private Equity Firm

Posted Tue, 2012-04-10 14:16 by BMM
An empty Huddle House
This Huddle House in a small town has been shuttered for 3 years

ATLANTA — Southern restaurant chain Huddle House has been sold this week to private equity firm Sentinel Capital Partners by Ares Capital Corporation, according to Huddle's investment advisor Harris Williams & Company.

Kim Out, Rink In as Baja Fresh CEO

Posted Fri, 2012-04-06 01:40 by BMM

IRVINE, Calif. — Baja Fresh Mexican Grill, operated by franchisor Fresh Enterprises, LLC announced Thursday night that Chuck Rink has been appointed to the position of president and CEO.

Quiznos Board and Franchisee Association Meet

Posted Wed, 2012-04-04 11:53 by Janet Sparks
DSC00133
Quiznos flagship shop at Denver headquarters. photo/sparks

DENVER – Leaders of the newly formed Quiznos Franchisee Association came away from last week's Las Vegas convention feeling encouraged. But they also know that store owners are hanging by a thread. They need store profitability now.

The Real Story of Smashburger

Posted Mon, 2012-03-26 12:19 by Janet Sparks
"Home of the Smashburger" in Eastern Kentucky
"Home of the Smashburger" restaurants invented in Kentucky 50 years ago.

PIKEVILLE, Ky. — Smashburger’s origin dates back over fifty years ago in Ashland, Kentucky, located in the Appalachian Mountains.

McDonald’s Skinner Leaves, Thompson Leads

Posted Fri, 2012-03-23 19:09 by BMM
McDonald's new CEO Don Thompson
McDonald's new CEO Don Thompson. photo/MCD

CHICAGO — McDonald's Corporation (NYSE: MCD) announced Wednesday that vice chairman and chief executive officer Jim Skinner, age 67, has informed the board of directors of his decision to retire effective June 30, 2012, after 41 years with the company.

Ex-CKE Executive Charged with Insider Trading

Posted Thu, 2012-03-22 16:46 by Janet Sparks

ORANGE COUNTY — Last week the Securities and Exchange Commission charged a former Carl’s Jr. and Hardee’s executive vice president with insider trading, using confidential information about the firm’s securities that he learned on the job.

Wendy’s Now Number Two

Posted Tue, 2012-03-20 12:26 by Don Sniegowski
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.

Big Restaurant Chains Double Meager 2010 Growth

Posted Mon, 2012-03-19 11:25 by BMM
Inside a Louisville-based Five Guys
Five Guys system sales grew by 33%, more by far than any major chain.

CHICAGO — Five hundred of America's largest restaurant chains registered a 3.4 percent annual sales increase in 2011, a sharp improvement over 1.8 percent in 2010.

Restaurant Chains with the Best Customer Satisfaction, 2011

Posted Mon, 2012-03-19 10:20 by BMM

SAN CLEMENTE, Calif. — A California-based market researcher has issued its annual list of what quick service chains cultivate the best customer satisfaction.

Panera Bread Chair Becomes Co-CEO

Posted Mon, 2012-03-19 08:52 by BMM

ST. LOUIS, Mo. – Panera Bread Company (NASDAQ: PNRA) announced Friday that founder and executive chairman, Ron Shaich, and president and chief executive officer, Bill Moreton, will become co-CEOs, effective immediately.