GE Capital, Franchise Finance lends $25M to Mellow Mushroom franchisor

GE Capital, Franchise Finance recently closed a $25 million credit facility for Mellow Mushroom franchisor, Home-Grown Industries of Georgia Inc. (HGI).

Survey reveals working consumers skipping meals

According to a new study conducted by WorkPlace Media, 76 percent of workers surveyed have made cuts to their food and beverage consumption. Overall, 31 percent of workers surveyed reported making less money due to the recession while 34 percent said cheaper fast food trumped health concerns during the economic downturn.

CiCi's franchisee files for bankruptcy

Ft. Worth Star Telegram: Dallas-based Marwin Group, the largest CiCi's Pizza franchisee with 53 outlets, has filed for Chapter 11 bankruptcy protection.

Yum! Brands completes cash tender offer

LOUISVILLE, Ky. -- Yum! Brands Inc., parent company of Pizza Hut, Taco Bell and KFC, has announced the results of its cash tender offer to purchase up to $150 million of its 7.700 percent Senior Notes due July 1, 2012.The tender offer commenced April 30 and expired at 11:59 p.m. Eastern time May 28.

Yum! Brands adds price to cash tender offer

LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Taco Bell, KFC and Pizza Hut, has announced that it has priced its cash tender offer to purchase up to $150 million of its 7.700 percent Senior Notes due July 1, 2012.

NRA 2009: Catering, labor management tools attract NRA attendees

As restaurant owners and operators consider the addition of catering programs to boost sales, companies such as MonkeyMedia Software are offering programs designed to handle the order-to-delivery process.   Monkey Media was showcasing its software platform for catering, bakery and commissary operations in booth No.

Yum! Brands announces $150M cash tender offer

LOUISVILLE, Ky. -- Yum! Brands Inc., parent company of Pizza Hut, KFC and Taco Bell, has announced that it will offer a cash tender offer to purchase up to $150 million of its 7.7 percent Senior Notes due July 1, 2012.

Restaurant industry outlook continues to improve

WASHINGTON, D.C. -- The outlook for the restaurant industry improved in March, as the National Restaurant Association's comprehensive index of restaurant activity rose for the third consecutive month.

Boston's taps Current Energy for management system

DALLAS -- Current Energy, a Dallas-based provider of energy efficiency solutions for commercial and residential customers, will install its Energy and Operational Management System in all future Boston's The Gourmet Pizza restaurant locations throughout the United States, the company has...

Sbarro amends senior credit facilities

MELVILLE, N.Y. -- Sbarro Inc.

Pizzeria worker sentenced in embezzlement case

Great Falls Tribune (Montana): A former pizzeria employee has pleaded guilty to embezzling nearly $13,000 from Howard's Pizza in Great Falls.  A co-owner of the restaurant suspected the theft after he noticed 13 deposits that should have been made were missing.

NPD predicts tough year for restaurant industry

CHICAGO — Rising unemployment, eroding consumer confidence, market volatility and other economic concerns will take a toll on the restaurant industry in 2009, according to a new report from market research company The NPD Group. Total restaurant industry traffic was...

California Pizza Kitchen to present at investor conferences

LOS ANGELES -- California Pizza Kitchen Inc. has announced that management will be presenting at the Raymond James Institutional Investors Conference in Orlando, Fla., on March 11 at 1:40 p.m.

SpeedLine releases new POS software

LYNDEN, Wash. -- Point-of-sale provider SpeedLine Solutions Inc. has released SpeedLine POS 6.0, the company has announced.

Uno Restaurant Holdings to host investor call

BOSTON -- Uno Restaurant Holdings Corp., operator and franchisor of Uno Chicago Grill restaurants, will host a conference call for investors, analysts and portfolio managers on Feb. 10 at 11 a.m.

Good Samaritan returns pizzeria deposit bag

Daily Herald (Provo, Utah): When Bill Vint found a bank deposit bag filled with $450 in cash and checks, he did the right thing. He returned the bag to the manager of 5 Buck Pizza in Cedar City, Utah.

Papa Romano's and Mr. Pita opens in Houston

COMMERCE TOWNSHIP, Mich. -- Papa Romano's and Mr.

NY looks to pizzerias for more dough

New York Post: The Department of Taxation and Finance in New York hopes to raise $30 million from pizzerias, used-car dealers and other cash-heavy businesses who may have underestimated their sales-tax payments. The department mailed 10,000 letters to small business...

Mid-Atlantic Expo to feature educational seminars

BALTIMORE — The Mid-Atlantic Food, Beverage and Lodging Expo, to be held Sept. 17-18 at the Baltimore Convention Center, will offer attendees the know how they need to keep their businesses efficient and profitable through twelve free educational seminars.

Uno Chicago Grill squeezed by debt

Wall Street Journal: Uno Restaurant Holdings Corp., the parent of the 200-unit Uno Chicago Grill chain, will skip a bond payment on Friday as it tries to negotiate financial breathing room. Uno's same-store sales were down 7.7 percent in the first quarter of 2008.

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