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Log In / Register | Aug 14, 2018

Long John Silver’s Bucks Franchising Trends and Becomes Largest Owner of Its Restaurants

Long John Silver'sLong John Silver’s announced on Monday that it has acquired 76 restaurants from Indiana-based franchisee ServUS. The franchisees’ outlets are located in Indiana, Kentucky and Michigan.

McDonald's Writeup in Financial Times Has No Mention of Franchisees

Just yesterday, Financial Times penned a very timely article on McDonald's. With great sources and a multiyear perspective, it recapped the last several years of ups and downs and initiatives.

After 5 Quarters of No Growth, Guest Traffic in U.S. Restaurants Dips Yet Again in Q2

Customer visits to U.S. restaurants and foodservice outlets remained negative in the quarter ending in June.

Group of Doctors Protests Fast Food in Hospitals

The 12,000-strong Physicians Committee for Responsible Medicine objects to QSR's in hospitals, with one doctor comparing the alleged deleterious health effects to the old days when smoking was allowed. The group is starting with the McDonald's at a hospital in Macon, Georgia.

Freddy’s Co-Founder and CEO, Bill Simon, Dies of Cancer

Bill Simon, co-founder, CEO and president of Freddy's Frozen Custard and SteakburgersThe 61-year-old co-founder, president and chief executive officer of Freddy's Frozen Custard and Steakburgers, William A. Simon, passed away Saturday, December 17 after a protracted battle with cancer. The company was not ready to announce his successor.

Restaurant Traffic Stalls Then Drops

Empty line at a SaladWorks restaurant
Empty line at a SaladWorks franchise (photo/bmm)

After two consecutive quarters of flat-lined consumer visits, U.S. restaurants had a turn for the worse: a decline in traffic during the third quarter of 2016, according to a major foodservice researcher. And if that news wasn't bad enough, for the first time in five years the quick service restaurant sector had a decline in consumers.

McDonald's Chief Administrative Officer Retires

OAK BROOK, Ill.— McDonald’s Corporation (NYSE:MCD) announced Tuesday that its chief administrative officer, Pete Bensen, will retire on September 2, 2016. He has been with the firm for 20 years.

Restaurants Serve Cheaper Beef, Americans Are Loving It

Kentucky cow
Photo by D. Sniegowski

Burger and beef serving restaurants are discounting something fierce thanks to lower beef costs.

Restaurant Units Dip in America but Rise in Major Metros

New restaurant being constructed
New chain restaurant being constructed

CHICAGO—Total restaurant count in America has decreased by 0.6 percent from a year ago to 629,488 units, according to a count of U.S. commercial restaurant locations compiled by a major foodservice researcher.

FRANCHISEGRADE.COM 2016 QSR REPORT $50.1 BILLION INVESTED In QSR SECTOR SINCE 2010

The QSR franchise sector remains the most dominent component of the franchise industry