Canada’s Pizza Pizza adds to royalty pool

Toronto-based Pizza Pizza Royalty Income Fund and Pizza Pizza Limited announced that effective Jan. 1, 2011, the pool of restaurants on which royalties are paid to the fund by PPL has been increased to include 24 new Pizza Pizza restaurants and seven new Pizza 73 restaurants. Of the 24 new Pizza Pizza restaurants opened between Jan.

Yum! repurchasing stock to boost earnings

The board of directors of Yum! Brands Inc. have given the green light for the repurchase of $750 million of the company's outstanding stock throughout the next 18 months. This is in addition to the approximately $130 million authorized in...

Famous Brands reports 13.3 percent sales boost

Famous Brands Ltd. has reported a staggering 13.3 percent sales growth for December 2010.

Pizza Hut UK taps pension consultant

Pizza Hut UK has tapped Mercer to provide de-risking services for the company’s 50 million pound (about $76 million) pension fund. Mercer’s investment strategy, which manages the plan’s assets against its liabilities, enables Pizza Hut’s fund to benefit from market...

Pizza Inn plants seed for company store growth

Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million.

Pizza Hut makes huge NOLA investment

Pizza Hut Inc. will invest $10 million in New Orleans and Baton Rouge, La., within the next 18 months.

Restaurant Performance Index posts November decline

As a result of a downtick in same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) fell below 100 in November.  The RPI – a monthly composite index that tracks the health of and outlook for the U.S.

Restaurant comps, traffic push RPI to highest level in three years

Fueled by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) rose to its highest level in more than three years. The RPI – a monthly composite index that tracks the health of and...

Restaurant performance outlook posts modest improvement

Driven by improving same-store sales and customer traffic levels, as well as growing optimism among restaurant operators, the outlook for the restaurant industry improved in September.  The National Restaurant Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S.

Marco's secures $9 million for franchisee funding 'buckets'

Adding to its expansive menu of financing options for new franchisees, Marco's Pizza announced today that it has been approved for a new national franchisee lending program created by The Bancorp Bank.The new lending program marks the fifth alternative financing...

Fast Casual publishes comprehensive state-of-the-industry report

Fast Casual (www.FastCasual.com), the leading online news and information source for the burgeoning fast casual dining segment, has published the fourth edition of its benchmark research report, "Fast Casual State of the Industry Report, Fourth Edition." The 91-page report contains...

Restaurant conference to address 'thawing' credit freeze

More than 1,500 restaurant owners, operators and financial service executives are expected to attend an upcoming event that seeks to unearth capital for restaurant owners and operators. The Restaurant Finance Monitor will provide a forum for owners and operators of...

Papa John's enters new $175 million credit facility

Papa John's has entered into a more flexible five-year revolving credit facility, according to Reuters. The credit line is for $175 million, and replaces one of the same amount. From the story: In a filing with the U.S.

A good time for breakfast pizza

New York's Pulino's has been making news ever since they started offering imaginative pizzas for breakfast last fall, from savory egg-topped concoctions to fruity, fluffy interpretations. It seems only a matter of time before the rest of the industry follows...

NRA industry outlook softened in June

As a result of a dampened outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) declined for the third consecutive month in June. The RPI, a monthly composite index that tracks the health of and outlook for the U.S.

Uno Chicago Grill out of bankruptcy

Uno Chicago Grill has emerged from bankruptcy, according to the Boston Herald, which also reported the deep dish chain will expand its fast casual concept, Uno Due Go, and its QSR arm, Uno Express. It also has two new retail products, including frozen entrees. From the story: Boston-based Uno Restaurant Holdings Corp.

Restaurant industry outlook softened in May

The outlook for the restaurant industry softened in May, as the National Restaurant Association's comprehensive index of restaurant activity fell below 100 for the first time in three months. The association's Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S.

Corporate finance guru reveals the restaurant path out of recession

Consumers in search of value and quality are driving a comeback in sales in the restaurant sector, according to Bob Bielinski, managing director, corporate finance – Restaurant Industry Practice for CIT Group Inc., a provider of financing to small businesses...

Corporate finance guru reveals the restaurant path out of recession

Consumers in search of value and quality are driving a comeback in sales in the restaurant sector, according to Bob Bielinski, managing director, corporate finance – Restaurant Industry Practice for CIT Group Inc., a provider of financing to small businesses...

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