Olympus completes purchase of Pizza Hut franchisee NPC

January 2, 2012

Stamford, Conn.-based Olympus Partners has acquired NPC International Inc., the largest Pizza Hut franchisee and the largest franchisee of any restaurant…

Wrestling with a million dollar baby - skimming

The restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten…

Papa John's raises earnings guidance

December 20, 2011

Papa John's International Inc. has released its 2012 operating assumptions and earnings guidance, and announced an increase in its 2011 earnings per share…

Pizza Hut drops soccer stadium sponsorship

December 20, 2011

Pizza Hut Park in Dallas will be renamed FC Dallas Stadium after the Football Championship Subdivision title game is played on Jan. 7. The pizza chain dropped…

KFC, Pizza Hut franchisees deploy cloud-based accounting software

December 19, 2011

Acumatica has announced that Kentucky Fried Chicken Management Pte Ltd. and Pizza Hut Singapore Pte Ltd. have selected Acumatica Cloud ERP to replace their…

Wheat, cheese, gas prices at their lowest in months

by Alicia Kelso — Editor, QSRWeb.com

Cost of natural gas also down nearly 40 cents.

Round Table to emerge from bankruptcy this week

December 18, 2011

Concord, Calif.-based Round Table Pizza Inc., which filed for Chapter 11 protection in February, will emerge from bankruptcy this week, after confirming its…

CNBC names Domino's CEO top boss of the year

December 15, 2011

J. Patrick Doyle, Domino's Pizza president and CEO, has been recognized by CNBC as the "Berbie Winner" for best CEO of 2011.

A leopard that couldn’t change its spots

What exactly do you know about employees assigned to handle your deposits?

Gas prices hit 10-month low

by Alicia Kelso — Editor, QSRWeb.com

Stocks continue to rise on European debt deal.

Report: Restaurant costs will continue to rise in 2012

December 11, 2011

Fitch Ratings, a global market credit opinion, research and data agency, expects U.S. restaurant food and beverage costs to rise by 5 percent or more in 2012…

Yum! Brands raises 2011 guidance

December 4, 2011

Yum! Brands Inc. has increased its full year 2011 EPS growth forecast to at least 13 percent, or $2.85 a share, excluding special items.

Sbarro officially emerges from bankruptcy

November 28, 2011

New York-based Sbarro Inc., along with its domestic subsidiaries, has successfully emerged from Chapter 11, making its Plan of Reorganization effective today.

Brazilian KFC, Pizza Hut franchisee posts positive sales again

November 22, 2011

Brazil Fast Food Corp., the second largest QSR chain in Brazil with 846 points of sale, including KFC and Pizza Hut São Paulo has announced financial results…

Yum! Brands adds member to board of directors

November 20, 2011

Yum! Brands Inc. has appointed Mirian M. Graddick-Weir, 56, to its board of directors effective Jan. 26, 2012.

Giordano's sold to private equity group

November 20, 2011

Less than a year after filing for bankruptcy, Chicago staple Giordano's Enterprises Inc. has been sold to VPC Pizza Holdings LLC for $52 million.

Sbarro's bankruptcy exit strategy approved by court

November 17, 2011

Sbarro Inc., along with its domestic subsidiaries, has announced that the U.S. Bankruptcy Court for the Southern District of New York has approved its plan of…

Figaro's Italian Pizza acquiring Nick-N-Willy's chain

November 16, 2011

Salem, Ore.-based Figaro's Italian Pizza Inc. has entered into an agreement to acquire the Nick-N-Willy's Pizza franchise, which is owned by World Famous Pizza…

Pizza Hut franchisee posts positive comps for Q3

November 7, 2011

NPC International Inc., the largest Pizza Hut franchisee in the country with 1,153 restaurants in 28 states, has reported results for its third fiscal quarter…

Cheese prices jump 11 cents

by Alicia Kelso — Editor, QSRWeb.com

Papa John's stock surges after strong earnings report.