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Allen Wolff, among other responsibilities, will assume the principal accounting duties and report directly to CEO Ram Krishnan.
Going public means being prepared for much greater transparency and accountability in business operations.
Make good hiring decisions; mistakes can be costly since training new employees is a considerable investment.
Competition is offering merchants new ways to accept payments and this will lower fees over time.
Consolidation is more efficient, less time-consuming and more economical.
Consolidate dry, refrigerated and frozen items and include paper goods and cleaning supplies.
Company accounting records show 4-percent surcharge was collected for employee health care costs only.
Founder John Schnatter estimates that the reform law will cost between $5 million and $8 million annually.
CIT's managing director says financing continues to open up for restaurant companies.
By limiting capacity, while maintaining good quality and service, operators can assure that demand remains high.
Drops in natural gas and wheat provide relief.
CiCi's Pizza has named Jim Lebs as its new chief financial officer Jim Lebs. According to a news release, Lebs has 20 years of experience and most recently served as VP – Supply Chain for Sonic Drive-In. He also served...
The Independent Organization of Little Caesar Franchisees has partnered with SIB Fixed Cost Reduction to provide cost reduction services to its members. Todd Messer, executive director of IOLCF, said the partnership is a "win-win" for the organization and its members....
Great Value Colleges, an information and ranking website devoted to higher education topics, has posted a list of the "50 Great (and Mostly Cheap!) College Town Pizza Shops."
CEC Entertainment, which operates 577 Chuck E. Cheese's stores, has appointed Temple Weiss as chief financial officer, effective immediately. The announcement follows a search process conducted by the board of directors to identify a CFO, which included a review of both internal and external candidates.
The Wall Street Journal this week examined the 10 "worst franchise brands," based on SBA loan defaults. The list included three restaurant brands – Cold Stone Creamery, Quiznos and CiCi's Pizza. Topping the list was Planet Beach, with a 41.1 percent default rate.
Yum! Brands Inc.'s board of directors has approved an 11 percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from $0.37 to $0.41 per share and will be effective with the dividend payment to be distributed on Nov.
Papa John's International today announced that its board has approved a 12 percent increase in the quarterly dividend payable on PZZA's common stock. According to a news release, this results in a quarterly dividend rate of $0.14 per share, or...
Papa Murphy's Holdings Inc. announced financial results for its first quarter ended March 31, its first earnings report since going public earlier this month. Highlights for Q1 2014 compared to Q1 2013 include: Total revenues were $25.1 million compared to...
Papa Murphy's Holdings has announced the pricing of its initial public offering of 5,833,333 shares of common stock at $11.00 per share. According to a news release, all of the shares in the offering are being offered by Papa Murphy's,...
Yum! Brands Inc. has declared a dividend of 37 cents per share of common stock.
Pizza Inn Holdings announced today that it has named Timothy Mullany as chief financial officer, effective May 5. According to a news release, Mullany comes to Pizza Inn Holdings after serving as the CFO of Restaurants Unlimited Inc., a Seattle-based...
The fifth annual Canadian Restaurant Investment Summit, produced by GE Capital, will be held in Toronto on May 6-7. According to a news release, it will feature operators, executives, franchisees, investors, lenders and suppliers. One of the sessions features Cara's...
The National Restaurant Association has finalized the full line-up for its inaugural Restaurant Finance Summit, which is May 19 during the NRA Show in Chicago. According to a news release, the half-day conference will kick off with a luncheon and...
The strategic partnership formed between PizzaRev and Buffalo Wild Wings was selected as the top investment 'Deal of the Year' by Franchise Times magazine. According to a news release, PizzaRev founders Irv Zuckerman and Rodney Eckerman received the award at...
A new report from Pepperdine Private Capital Access Index shows that access to capital for businesses of all sizes increased in the first quarter and is at its highest since the inception of the report in Q2 2012. According to...
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