Energy Edge Technologies to acquire stake in Power Pizzeria

Energy Edge Technologies Corporation has entered into an agreement with Power Pizzeria to acquire a 49-percent stake in the pizza company. While specific terms are being negotiated, Power Pizzeria management said the transaction is anticipated to close in the second...

Senate Republicans block minimum wage bill

The Obama Administration's objective to raise the minimum wage to $10.10, from its current $7.25, hit a major road bump Wednesday as Senate Republicans voted to block the bill. The measure needed 60 votes to pass, but received a vote...

Taco Bell CEO selected to move into Yum! Brands' top role

Yum! Brands Inc. announced today that its chairman and CEO David C.

Restaurant industry metrics reach 10-month high

Driven by stronger same-store sales and customer traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index rose to a 10-month high in March. The RPI — a monthly composite index that tracks the...

NRAEF honors KFC franchisee with Hospitality Award

The National Restaurant Association Educational Foundation honored its 2014 Restaurant Neighbor and Faces of Diversity American Dream award winners, and announced the 2014 Thad and Alice Eure Ambassador of Hospitality Award, at a gala Tuesday during the NRA's Public Affairs...

Pizza Inn taps former Smashburger exec as CFO

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...

Papa John's issues quarterly dividend

Papa John's has declared a quarterly dividend of 0.125 cents per common share, payable May 23 to shareholders of record at the close of business on May 12.

Domino's UK appoints new CEO

Domino's Pizza Group PLC has named David Wild as its new CEO, effective immediately. "Since taking on the CEO role on an interim basis it has been clear to me that Domino's is a fantastic company with a strong brand, quality products and excellent people.

Florida's Red Zone Pizza plans Jet Ski delivery during event

Boca Raton, Fla.-based Red Zone Pizza plans to deliver pizzas via Jet Ski to those attending Boca Bash April 27 starting at 10 a.m. According to a news release, this is the first time Red Zone has used this method...

Facial detection time clock app launched

Timesly has launched a facial detection time clock app for iPad, allowing employees to clock in or out of work by snapping their photo using Timesly's proprietary FaceCheck technology. According to a news release, the app is now available for...

WhenToManage software adds social networking app for restaurants

WhenToManage, a provider of cloud-based software for the restaurant industry, has introduced Flow, a social networking tool that allows employees to share ideas, comments and files in real-time, from their desktop, tablet or smartphone. According to a company news release,...

Papa Murphy's plans $70M IPO

Papa Murphy's laid out terms for its initial public offering this week and plans to raise $70 million through about 5.8 million shares valued at $11 to $13 each.

Restaurant Assoc. conference to feature House Majority Leader Cantor

Eric Cantor, the U.S. House of Representatives Majority Leader, and Senator Joe Donnelly, will be the featured speakers during the National Restaurant Association's 28th annual Public Affairs Conference, April 29-30 in Washington, D.C. According to a news release, the conference...

Toolkit published to help operators reduce food waste

The Food Waste Reduction Alliance has published the Best Practices and Emerging Solutions Toolkit to help foodservice businesses reduce food waste. The FWRA is a cross-sector industry initiative led by the Food Marketing Institute, the Grocery Manufacturers Association and the...

Restaurant industry posts solid sales gain in March

The National Restaurant Association announced that industry sales figures were up solidly in March, after a soft winter. Chief Economist Bruce Grindy said in a news release that eating and drinking sales totaled $47.3 billion on a seasonally-adjusted basis in...

Canadian Restaurant Investment Summit schedule solidified

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...

Papa John's awards franchisees of the year

Papa John's International announced its Franchisees of the Year during its recent annual operators conference in Orlando, Fla. They include: 351 Dough LLC, Arkanas: Domestic Franchisee of the Year (1-3 restaurants): Timothy A. Redden, franchisee; PJ Operations North, North Dakota...

Free webinar teaches restaurant operators how to cash in on tax credits

The free webinar, "Cash in on Hiring Tax Credits: How to get $1,200 back for 1 out of every 5 new hires," hosted this week by FastCasual.com and PeopleMatter, is now available for download. The hour-long webinar taught restaurant operators...

Pizza Hut makes its debut in Iraq

Yum! Brands Inc. today announced the opening of the first Pizza Hut in Iraq with franchise partner, Al Kout Food Company. The opening reflects the company's expansion in emerging markets, according to a company news release. "We're pleased to be...

Franchisees sue Papa Murphy's over excessive marketing fees

More than 20 franchisees within the Papa Murphy's system are suing the parent company, claiming they were misled about demand for the brand in their region, and alleging that the company's fees are "excessive." According to Forbes, the franchisees who are suing collectively own more than 60 stores.

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