Canada’s Pizza Pizza adds to royalty pool

February 3, 2011

Toronto-based Pizza Pizza Royalty Income Fund and Pizza Pizza Limited announced that effective Jan. 1, 2011, the pool of restaurants on which royalties are…

Yum! names new VP, corporate controller

January 30, 2011

Louisville, Ky.-based Yum! Brands has promoted David Russell to the position of vice president, corporate controller, effective Feb. 18. He currently serves as…

Fledgling Empire Pizza ready for growth

January 27, 2011

A Watertown, N.Y. staple is the first eating establishment to be purchased by the newly formed Empire Pizza Holdings Inc.

Consumers to alter budgets amid rising gas, food costs

January 18, 2011

As food companies and restaurant operators make hard fought attempts to keep from raising prices, U.S. consumers are bracing to pay more for their food in…

Pizza Hut UK taps pension consultant

January 17, 2011

Pizza Hut UK has tapped Mercer to provide de-risking services for the company’s 50 million pound (about $76 million) pension fund.

Pizza Inn plants seed for company store growth

January 13, 2011

Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million. This move provides more capacity for continued…

Rumor mill: Sbarro closing some shops

January 13, 2011

A week after announcing a credit default and receiving a downgraded “junk” rating from Standard & Poor’s,  Sbarro Inc. pizza chain may be closing some of…

Major franchise fee withheld from Yum! International

January 10, 2011

Priszm Income Fund, owner of several Canadian KFC, Taco Bell and Pizza Hut locations, has withheld a $2 million franchise fee to Yum! Restaurants International…

Sbarro defaults, hires financial adviser

January 6, 2011

Sbarro Inc. pizza chain has defaulted on a credit agreement and has hired Rothschild Inc. to help it explore strategic financial options.

Papa John’s sets operational guidance for 2011

December 20, 2010

Papa John's International Inc. has announced its projections for 2011, including a 16 percent increase in earnings per share and a global systemwide sales…

Mazzio’s Italian Eatery approved for franchise registry

December 2, 2010

Mazzio’s Italian Eatery, a Tulsa, Okla.-based pizza chain, is the most recent addition to the Franchise Registry, a listing of approved Small Business…

Papa John's enters new $175 million credit facility

September 8, 2010

Papa John's has entered into a more flexible five-year revolving credit facility, according to Reuters. The credit line is for $175 million, and replaces one…

Domino's-ACI union to allow pizza company to take new payment forms

August 25, 2010

ACI Worldwide Inc, a leading international provider of electronic payments software and solutions, has announced a partnership with Domino's Pizza to…

A good time for breakfast pizza

August 9, 2010

New York's Pulino's has been making news ever since they started offering imaginative pizzas for breakfast last fall, from savory egg-topped concoctions to…

NRA praises Senate passage of interchange fee reform

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July 15, 2010

The National Restaurant Association has hailed a major victory for restaurants and other merchants with the Senate’s approval of the interchange fee provision…

Corporate finance guru reveals the restaurant path out of recession

June 20, 2010

Consumers in search of value and quality are driving a comeback in sales in the restaurant sector, according to Bob Bielinski, managing director, corporate…

Corporate finance guru reveals the restaurant path out of recession

June 20, 2010

Consumers in search of value and quality are driving a comeback in sales in the restaurant sector, according to Bob Bielinski, managing director, corporate…

Lee Equity Partners secures $23.5M for Papa Murphy's

June 6, 2010

Ares Capital has announced it's providing debt financing to support the acquisition by financial sponsor Lee Equity Partners of Papa Murphy's. Ares Capital…

Lee Equity Partners secures $23.5M for Papa Murphy's

June 6, 2010

Ares Capital has announced it's providing debt financing to support the acquisition by financial sponsor Lee Equity Partners of Papa Murphy's. Ares Capital…

NPD: Restaurants likely to wean customers off discounts/deals

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May 19, 2010

Restaurants across all segments of the restaurant industry offered a host of deals and discounts over the past two years to entice recession-ridden consumers…