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Financial Management News & Media

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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Papa John's boycott threatened over CEO's Obamacare comments

by Alicia Kelso — Editor, QSRWeb.com

Founder John Schnatter estimates that the reform law will cost between $5 million and $8 million annually.

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Round Table refinances senior debt

November 13, 2012

Round Table Pizza Inc. has completed the refinancing of its senior debt. On Nov. 2, the company entered into a $35 million senior secured credit agreement with…

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Villa Enterprises secures $15M to fund acquisitions

October 24, 2012

Villa Enterprises Management Ltd. Inc. announced that it closed a seven-year, $15 million credit facility with Capital One Bank.

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Upper Crust Pizzeria files for bankruptcy protection

October 9, 2012

Boston-based Upper Crust Pizzeria, which was founded in 2001 and now includes 16 locations, has filed for bankruptcy protection.

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U.S. restaurant industry outlook: Slow and steady improvement

by Alicia Kelso — Editor, QSRWeb.com

CIT's managing director says financing continues to open up for restaurant companies.

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