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Financial Management News & Media

Getlowfees.com launches online credit card processing marketplace for merchants

January 29, 2014

Get Low Fees LLC this week announced the launch of its new website, getlowfees.com. Intended to help business owners lower their credit card processing rates…

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Papa Murphy's appoints Outback Steakhouse exec as CFO

January 29, 2014

Papa Murphy's International has named Mark Hutchens as its new chief financial officer, effective immediately.

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Pizza Pizza adds 28 restaurants to royalty pool

January 24, 2014

Toronto-based Pizza Pizza Royalty Corp. and Pizza Pizza Limited announced that the number of restaurants on which royalties are paid to the company by the…

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Financing in place to kick off Carmela's Pizzeria franchising

January 23, 2014

Parent company Greenfield Farms Food Inc. announced that it has completed financing arrangements for the first phase of its franchising program for its…

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Factors driving interchange rates down

Competition is offering merchants new ways to accept payments and this will lower fees over time.

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Boston Pizza adds 12 restaurants to the royalty pool

January 3, 2014

Boston Pizza Royalties Income Fund and Boston Pizza International Inc. announced that effective immediately, the fund's royalty pool has been adjusted to…

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Yum! Brands declares quarterly dividend

November 25, 2013

Yum! Brands Inc.'s board of directors has authorized the company to repurchase up to $750 million in additional shares of common stock and declared a dividend…

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Balboa Capital named as approved lender for Domino's franchisees

November 21, 2013

Balboa Capital has been selected as an approved lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide its portfolio of financing…

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The hidden costs of delivery

Consolidation is more efficient, less time-consuming and more economical.

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Yum! Brands' quarterly dividend increased by 10 percent

September 20, 2013

Yum! Brands Inc.'s board of directors has approved a 10-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from…

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Lou Malnati's leverages Chase's 'Main Street' financing program

September 11, 2013

This week, Chase launched Mission Main Street, a multimedia advertising and lending campaign that focuses on success stories from a business owner's…

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Optimize distribution costs

Consolidate dry, refrigerated and frozen items and include paper goods and cleaning supplies.

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Restaurants applaud swipe fee ruling

August 1, 2013

A judge from the U.S. District Court from Washington, D.C., ruled Wednesday in favor of a lower cap on fees charged by banks for debit card transactions at…

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Is Papa Murphy's ready to go public?

July 30, 2013

Take-and-bake chain Papa Murphy's may soon be part of the stock market. Sources told Reuters this week that the Washington-based company is "close to selecting…

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Minimum wage debate sends restaurant stocks into tailspin

February 14, 2013

The day after President Obama proposed an increase in the federal minimum wage — from the current $7.25 to $9 — during his State of the Union address, shares…

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Patxi's Pizza responds to settlement over health care law

by Alicia Kelso — Editor, QSRWeb.com

Company accounting records show 4-percent surcharge was collected for employee health care costs only.

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NRA's CFO receives award

November 28, 2012

The National Restaurant Association's Marvin Irby has been named the recipient of the Nonprofit CFO of the Year Award. The award will be presented at a…

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JPMorgan Chase CEO joins Yum! Brands' board

November 19, 2012

Yum! Brands Inc. has announced the appointment of Michael J. Cavanagh, 46, to its board of directors. Cavanagh is the co-chief executive officer of JPMorgan…

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Upper Crust closes 10 units amidst bankruptcy battle

November 15, 2012

Boston-based Upper Crust has closed 10 of its 17 restaurants in Massachusetts and Washington, D.C., as is navigates through bankruptcy.

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GE Capital launches restaurant finance Web tool

November 14, 2012

GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's…

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