Domino’s UK drops ‘Talent’ sponsorship

The reality television show that launched Susan Boyle’s career has lost one of its major sponsors. Domino’s Pizza U.K.

Canada's Boston Pizza reports record earnings

Richmond, British Columbia-based Boston Pizza Royalties Income Fund and Boston Pizza International Inc. each reported financial results for the fourth quarter period, Oct.

CEC Entertainment announces earnings call

CEC Entertainment Inc. will host a conference call with investors Feb.

Round Table Pizza files for Chapter 11

Concord, Calif.-based Round Table Pizza, which includes 470 franchise- and company-owned stores, has filed a petition for protection under Chapter 11 with the U.S. Bankruptcy Court in Oakland, Calif. The move is anticipated to improve the company's cash flow and...

Canada’s Pizza Pizza adds to royalty pool

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 paid to the fund by PPL has been increased to include 24 new Pizza Pizza restaurants and seven new Pizza 73 restaurants. Of the 24 new Pizza Pizza restaurants opened between Jan.

Yum! names new VP, corporate controller

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

Fledgling Empire Pizza ready for growth

A Watertown, N.Y. staple is the first eating establishment to be purchased by the newly formed Empire Pizza Holdings Inc. Mariano's Pizza was bought by Seaway Valley Capital Corporation's former holding Wisebuys Inc. Wisebuys has filed with the State of Florida to change its name to Empire Pizza Holdings Inc.

Consumers to alter budgets amid rising gas, food costs

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 2011, according to food market research by The NPD Group. “With food inflation accelerating...

Pizza Hut UK taps pension consultant

Pizza Hut UK has tapped Mercer to provide de-risking services for the company’s 50 million pound (about $76 million) pension fund. Mercer’s investment strategy, which manages the plan’s assets against its liabilities, enables Pizza Hut’s fund to benefit from market...

Pizza Inn plants seed for company store growth

Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million.

Rumor mill: Sbarro closing some shops

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 its units. The 55-year-old, Melville-N.Y.-based company runs close to 1,000 restaurants in 30 countries....

Major franchise fee withheld from Yum! International

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 while it restructures. According to Canadian Business, Priszm also recently withheld a $975,000 interest payment,...

Sbarro defaults, hires financial adviser

Sbarro Inc. pizza chain has defaulted on a credit agreement and has hired Rothschild Inc.

Papa John’s sets operational guidance for 2011

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 increase of 25 percent to 30 percent. The 2011 estimate does not include the impact of...

Mazzio’s Italian Eatery approved for franchise registry

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 Administration (SBA) companies. The Franchise Registry helps small business owners through cooperation between government and industry.

Papa John's enters new $175 million credit facility

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 of the same amount. From the story: In a filing with the U.S.

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

ACI Worldwide Inc, a leading international provider of electronic payments software and solutions, has announced a partnership with Domino's Pizza to consolidate payments processing, add more features and improve personalization for customers ordering online. The new system enables Domino's to...

A good time for breakfast pizza

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 fruity, fluffy interpretations. It seems only a matter of time before the rest of the industry follows...

NRA praises Senate passage of interchange fee reform

The National Restaurant Association has hailed a major victory for restaurants and other merchants with the Senate’s approval of the interchange fee provision in the final financial reform bill. The Wall Street Reform and Consumer Protection Act (H.R.

Corporate finance guru reveals the restaurant path out of recession

Consumers in search of value and quality are driving a comeback in sales in the restaurant sector, according to Bob Bielinski, managing director, corporate finance – Restaurant Industry Practice for CIT Group Inc., a provider of financing to small businesses...

Showing (161 - 180) of 394

Get the latest news & insights





Commodities: Somebody must have hit replay ... but no complaints