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Sbarro's newly elected CEO Jim Greco discusses the chain's strategy moving forward during the 2012 NRA Show in Chicago. Greco said the chain's vision is to be the pre-eminant fast casual brand worldwide.
During its Q1 earnings call, the company reiterated its premium positioning amidst a highly competitive, deep discounting segment.
Company's Q1 promotional focus was on side items, driving tickets and store profits.
In my last blog, we discussed why your restaurant should be franchised. I will assume that you have listened to what I said and you have now made the decision to become the next McDonalds or Dunkin Donuts.
Multinational corporations have forecasted that developing countries will account for 70 percent of their growth a decade from now.
Operators have successfully weathered changes in spending and eating habits.
Yum! Brands' worldwide operating profit grew 15 percent in Q1.
The brand is also testing a fountain service in a new California unit.
Kansas City, Mo., chain signs first franchise agreement for Los Angeles.
Make a long-lasting connection with your key stakeholders.
The big topic on CEC Entertainment's earnings call Thursday was Chuck E. Cheese's planned marketing shift from kids to parents. The company's 2012 strategies are segmented into three major components – initiatives to increase comparative store sales; increase the growth...
Online orders now make up more than 30 percent of business.
Mergers and acquisitions market won't be as active in 2012.
Louisville, Ky.-based Yum! Brands has found its sweet spot in China, posting 19 percent same-store sales growth in that country in 2011. The company reported results for its fourth quarter and full year 2011, ended Dec.
Grocers in three states now selling new item.
Based on financial performance and brand strength, Pizza Hut was listed as No. 81 on Interbrand’s top 100 global brands of 2011. Interbrand, a global brand consulting firm, recognized Pizza Hut’s menu expansion, with the addition of pasta and wings, as a positive step away from the brand’s single-product reputation.
If you are an entrepreneur and you have one, two or even three operations, why should you be thinking about franchising? There are many reasons, but here are the top 5: I have a brand that I want to expand...
There were plenty of stories that stood out this year, and even more to look for in 2012.
Stocks were hot as companies focused on domestic and international growth.
Magazine's annual rankings of top franchised companies weigh stability, growth rate, size of the system, startup costs and more.