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…

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…

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.

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…

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…

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.

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…

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.

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…

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.

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.

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.

Yum! Brands increases dividend by 18 percent

September 21, 2012

Yum! Brands Inc.'s board of directors approved an 18-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from 28.…

Commentary: How to build customer demand counter-intuitively

By limiting capacity, while maintaining good quality and service, operators can assure that demand remains high.

Gas prices set Labor Day record

by Alicia Kelso — Editor, QSRWeb.com

Drops in natural gas and wheat provide relief.

Australian franchisor acquires Crust Gourmet Pizza Bars

August 23, 2012

Australian retail food brand manager and franchisor Retail Food Group Limited announced its entry into a conditional Sale & Purchase Agreement (SPA) to…

Premium gas prices hit $4 mark

by Alicia Kelso — Editor, QSRWeb.com

The cost of cheese continues to rise.

QSR franchisee lending up 28 percent this year

August 9, 2012

Lending to franchise businesses decreased by 3.64 percent from June to July following a 5.73 percent increase in June, according to the Franchise Lending Index…

Papa John's Obamacare comments create social media firestorm

by Alicia Kelso — Editor, QSRWeb.com

During Q2 earnings call, CEO claimed Affordable Care Act would cause rise in pizza prices in order to protect shareholders.

Different approaches taken to navigate rising food costs

by Valerie Killifer — senior editor, NetWorld Alliance

Fast casuals have relied on menu price increases, while QSRs shift focus to value proposition.