Restaurant Brands International is acquiring Carrols, the largest Burger King franchisee in the U.S. with 1,022 locations, for a total enterprise value of $1 billion
The repeal of the National Labor Relations Board’s joint employer act will go to the Senate floor next; Biden vowed to veto if Congress overturns joint employer rule
CEO Flynn Dekker said the 87-year-old restaurant company has put pieces in place to modernize the brand, including online ordering and a marketing co-op.
Restaurant companies are bullish on unit development and marketing for 2024, in what is expected to be a return to normalization* (*relatively speaking).
The legally and financially fraught rotisserie chicken brand also announced that the company would be introducing new global menu items every six weeks
Executives at ICR Conference cite inroads into restaurant refranchising and goal of becoming a more asset-light company
Kiosks, TikTok, and refranchising are all critical to the restaurant company’s growth
FAT Brands chairman Andy Wiederhorn talked at the ICR conference about converting Smokey Bones restaurants to Twin Peaks; Twin Peaks IPO and more
Skip Russell sold all of his Popeyes restaurants and came out of retirement to start franchising anew with his first Newk’s Eatery restaurant
