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Business Strategy and Profitability News

Researchers use text-mining software to predict success, failure of DC restaurants

December 16, 2014

The computer-assisted text analysis was more accurate at predicting restaurants' demise than ratings alone (although it is most powerful when used in…

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Project Pie selects real estate firm to secure new market sites

December 15, 2014

Project Pie has announced a partnership with commercial real estate firm Newmark Grubb Knight Frank to help franchisees introduce the fast casual pizza concept…

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Houston area Russo's store count reaches 20

December 8, 2014

Houston developer Asif Malik opened the store adjacent to NRG Stadium.

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Consumer confidence grows, but costs pressure profits

November 24, 2014

Despite increased consumer confidence, increased costs -- beef is up 39 percent -- are making it tough for restaurants to earn a profit.

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NRA: Restaurant Performance Index showed moderate decline in September

October 31, 2014

Restaurant operators are unimpressed about the direction of the economy.

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Some LA area eateries adding 3% surcharge to cover insurance costs

October 7, 2014

The restaurant owners say the surcharge isn't meant to make a political point, but is simply a way to cover the cost of healthcare for employees while…

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Sbarro betting on closures for turnaround effort

February 20, 2014

After a tumultuous few years that included bankruptcy and a dwindling mall crowd, Sbarro has decided to close 155 of its North American locations.

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Yum! Brands Inc. declares quarterly dividend

March 25, 2013

Yum! Brands Inc. has declared a dividend of $0.335 per share of common stock. The quarterly dividend will be distributed May 3 to shareholders of record at the…

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PizzaRev gets an investment boost from Buffalo Wild Wings

March 19, 2013

PizzaRev, an artisan pizza concept based in Los Angeles, today announced that Buffalo Wild Wings has taken a minority position in its new concept. Terms of the…

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Papa Murphy's achieves 25 record sales weeks in 2012

February 27, 2013

Papa Murphy's reported its sales and growth milestones from 2012. In addition to expanding its national footprint to more than 1,325 locations, the chain…

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Restaurant franchise industry veteran starts strategic advisory firm

February 13, 2013

Franchise industry veteran Lynette McKee, CFE, announced today the launch of McKeeCo Services LLC, a franchising and development strategic advisory firm.…

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Domino's pushing carryout business to add to store-level profits

by Alicia Kelso — Editor, QSRWeb.com

February 7, 2013

Carryout has grown steadily in the past few years and now makes up about one-third of all U.S. orders.

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Private equity firm sells Pizza Hut franchisee

December 10, 2012

Sentinel Capital Partners, a private equity firm that invests in lower-middle-market companies, today announced the sale of Southern California Pizza Company…

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Report: Demand growing for high-margin beverages

September 25, 2012

Seven out of 10 consumers (71 percent) now purchase beverages away from home twice a week or more often, up from 66 percent in 2010.

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Casey's acquires 22 stores from Kum & Go

September 12, 2012

Kum & Go and Casey's General Stores Inc. announced today they have signed an Asset Purchase Agreement for Casey's to acquire 22 convenience stores from Kum…

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Blaze Pizza registers to franchise in 32 states

September 11, 2012

California-based Blaze Fast-Fire'd Pizza announced that it has begun to accept franchise applications in key markets across the U.S. The company plans to…

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Giordano's names Derrick Rose as equity owner, spokesperson

September 6, 2012

Derrick Rose, Chicago Bulls' MVP point guard, has signed with Chicago-based Giordano's Famous Stuffed Pizza as an equity owner and as the brand's new national…

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Marco's Pizza averaging one opening a week

September 5, 2012

Toledo-based Marco's Pizza recently celebrated its 300th store opening. The Wheeling, Ill., unit is also the brand's first location in Illinois.

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Pizza Fusion acquired by Unique Pizza and Subs Corp.

August 30, 2012

Unique Pizza and Subs Corporation today announced that it has signed a definitive agreement to acquire privately held Pizza Fusion Holdings, with closing…

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San Francisco's Patxi's Pizza expanding to Denver

August 29, 2012

San Francisco's Patxi's Pizza, one of the fastest growing private companies in the country, will open its first Denver locations this fall in Cherry Creek at…

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