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Financial Management News & Media

Sbarro's loss widens

August 14, 2007

MELVILLE, N.Y. — Comparable-store sales at company-owned Sbarro Inc. stores increased 3 percent for the second quarter ended July 1, the company announced.

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California Pizza Kitchen revenues up 17 percent

August 9, 2007

LOS ANGELES — Comparable-store sales at California Pizza Kitchen restaurants increased 5.4 percent in the second quarter ended July 1, the company announced.

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Gainesville Domino's halts pizza donations

July 29, 2007

Gainesville Sun: Domino's restaurants in Gainesville, Fla., plan to turn down requests for pizza donations beginning in August. According to a franchisee who…

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Domino's net off 91 percent on recap charges

July 23, 2007

ANN ARBOR, Mich. — Domestic comparable-store sales at No. 2 pizza chain Domino's Pizza Inc. rose 2.1 percent for the second quarter ended June 17, compared…

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Minimum wage increase takes effect

July 23, 2007

Washington Post: Minimum wage rises 70 cents to $5.85 an hour today, the first increase in a decade.   The increase ends the longest span without a federal…

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Bad weather boosts sales at UK Domino's

July 22, 2007

Guardian Unlimited: Sales at Domino's UK operations were up by almost 15 percent for the first six months of 2007 compared with the previous year, with…

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Sales climb at Pizza Patron

July 19, 2007

DALLAS — Comparable-store sales at Latino pizza brand Pizza Patron increased 27.2 percent for the second quarter, the company announced. The increase is the…

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Yum's net up 13 percent

July 11, 2007

LOUISVILLE, Ky. — Worldwide comparable-store sales for restaurants operated by Yum Brands Inc. grew 2 percent in the second quarter ended June 16, the company…

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DTI online ordering technology adopted by 1,200

July 8, 2007

Digital Transactions: An online-ordering system for fast food, introduced in January by Fort Lauderdale, Fla.-based Digital Technology Innovations, has been…

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Cheese market ripe for manipulation, feds say

July 5, 2007

Salt Lake Tribune: Thin trading on the spot cheese market makes it vulnerable for manipulation, which could affect the price of milk and other dairy products…

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Magoo's Pizza to close in Hawaii

June 28, 2007

The Honolulu Advertiser: Honolulu's University Avenue area will bid farewell to Magoo's Pizza, which closes its doors June 29.   "It's not easy running a…

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FreshMarx launches new bar code technology

June 27, 2007

MIAMISBURG, Ohio — FreshMarx, a subsidiary of bar-code technology leader Paxar, has introduced a new bar code system designed to help operators manage food…

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NRA reacts to failed immigration bill

June 27, 2007

WASHINGTON, D.C.  — The National Restaurant Association today expressed extreme disappointment in the Senate's failure to continue consideration of…

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Firefly unveils labor-scheduling software

June 24, 2007

HILLSBORO, Ore. — FireFly Technologies has announced the release of its new enhanced labor- scheduling software feature included within the Phoenix…

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Cheese prices nearly double from last year

June 18, 2007

CHICAGO — Block cheese prices are continuing their upward trend, standing at $2.02 per pound on the Chicago Mercantile Exchange as of June 18, up 5 cents from…

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RedBrick saga shows perils of franchising

Lack of disclosure in offering circular basis of franchisee lawsuit.

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Cheese up more than 10 cents

June 7, 2007

CHICAGO — Block cheese prices continue to rise, standing at $1.9875 per pound on the Chicago Mercantile Exchange as of Thursday, up more than 10 cents from…

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Cheese prices continue to increase

May 31, 2007

CHICAGO — Block cheese prices continue to rise, standing at $1.855 per pound on the Chicago Mercantile Exchange as of May 31, up 3.5 cents since Tuesday. …

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The National Restaurant Association reacts to minimum wage increase

May 24, 2007

  WASHINGTON, D.C. — The National Restaurant Association is expressing disappointment that Congress has tied the federal minimum wage increase and tax package…

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Congress raises minimum wage to $7.25

May 24, 2007

Lexington Herald-Leader: Congress approved the first increase in the federal minimum wage in almost a decade as part of the $120 billion Iraq war spending…

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