Restaurant data breach highlights vulnerabilities

The payment-card data breach at a Margarita's restaurant in Huntsville, Texas, is shedding further light on the vulnerability restaurants face from debit- and credit-card hackers. Investigators do not believe any of the employees were involved in the breach that impacted...

Domino's Q2 sales are up

Domino's Pizza Inc. today announced results for the second quarter ended June 19.

Heat may be to blame for lagging Swiss Domino’s sales

Global Brands, the company that owns the Domino's Pizza franchise in Switzerland, Luxembourg and Liechtenstein, saw sales in the first half of 2011 rise by 15.4 percent over the same period last year.

Flippin' Pizza testing mobile wallet

United States restaurants may be another step closer to allowing customers to pay with their mobile phones. MobilePayUSA, a division of Irvine, Calif.-based Universal Commerce Inc., announced it is testing a private beta version of its mobile wallet product in...

Yum! franchisee in Canada sells majority of units

After grappling with financial issues for months, major Yum! Brands Canadian franchisee Priszm Income Fund has closed 30 of its locations in Ontario and British Columbia, and has received court approval to sell 204 units to Soul Restaurants Canada Inc....

NRA’s restaurant industry outlook remains positive

Buoyed by positive same-store sales and solid optimism among restaurant operators for continued growth, the outlook for the restaurant industry remained positive in April. The National Restaurant Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the...

CPK to be acquired by Golden Gate Capital

More than a year after putting itself up for sale, California Pizza Kitchen Inc. and Golden Gate Capital today have announced that they have entered into a definitive agreement for $470 million, or $18.50 per share. This price was lower than expectations and its $20 52-week high set in May 2010.

Sbarro ends bankruptcy process, seeks buyers

It looks like New York-based Sbarro Inc. won't be receiving Chapter 11 protection, after all.

Domino’s Pizza investor event set

Ann Arbor, Mich.-based Domino's Pizza Inc. plans to present at the Morgan Stanley Retail Conference at 1 p.m.

Peltz’s Trian Fund acquires stake in Domino’s Pizza

Billionaire Nelson Peltz's Trian Fund Management LP has acquired a 9.7 percent stake in Domino's Pizza. According to Bloomberg, Peltz's hedge fund now holds 6 million shares in the pizza company, valued at about $140.1 million. The deal was filed with the U.S.

Giordano’s operations continue through Chapter 11 proceedings

Philip V. Martino was appointed as the Chapter 11 trustee for Giordano's Enterprises Inc., Giordano's Franchise Inc., Americana Foods Inc.

Brazil Fast Food Corp. Q1 sales jump 15 percent

Brazil Fast Food Corp., a Yum! Brands franchisee and the second largest quick-service restaurant chain in Brazil, has announced financial results for the first quarter ended March 31. Highlights include a systemwide sales jump of 15.3 percent from the first...

Yum! sets $586MM offer for China’s Little Sheep

Yum! sets $586MM offer for China’s Little Sheep

Yum! Brands' footprint in China is about to get even bigger. The company announced today that it has offered to buy China's Little Sheep for $586 million, which would cover Hot Pot Cuisine, a chain characterized by its proprietary soup...

Technomic: Consumer concerns grow over gas and food costs

Out of the recession does not necessarily mean out of the woods. In its most recent consumer behavior survey, Technomic Inc., the Chicago-based food industry research firm, found that 84 percent of consumers believe that grocery prices have risen in...

California Pizza Kitchen Q1 revenue down slightly

California Pizza Kitchen Q1 revenue down slightly

California Pizza Kitchen Inc. reported financial results for the first quarter ending April 3, including a 0.5 percent decrease in revenues from the same quarter last year.

Chuck E. Cheese’s parent company’s profits up

CEC Entertainment Inc., parent company of Chuck E. Cheese's, announced financial results for the first quarter ended April 3. Total revenues for the quarter were up 4.1 percent to $256.4 million from $246.3 million in Q1 '10.

Domino’s first quarter revenue up

Domino's Pizza Inc. experienced a 1.4 percent decline in U.S.

Papa John’s turns in strong first quarter

Louisville, Ky.-based Papa John's International Inc. announced its first quarter results that included a systemwide sales increase of 6.1 percent for North America units, and a 5.6 percent boost for international stores. Earnings per share increased 18.5 percent over the same period last year.

Papa John’s International franchisee goes public

WorldWide Papa's Plc., the exclusive area developer of Papa John's restaurants in St. Petersburg and the Leningrad region of Russia, is now listed on the Deutsche Böerse - Frankfurt Open Market (FSE) under the stock symbol "1PJ.F." The company officially went public with the ringing of the bell Feb.

Domino’s announces earnings call

Ann Arbor, Mich.-based Domino's Pizza Inc. will hold its first quarter 2011 earnings conference call at 11 a.m.

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