Feathers have been flying in the quick-service chicken sector as two major brands retool under new ownership, a third adjusts to a change in executive leadership and all struggle to compensate for soaring commodity costs and endlessly spiraling...
VANCOUVER Wash. Ann Stone, a former marketing executive with Pizza Hut, Church’s Chicken and International Dairy Queen, has been named chief marketing officer for the Papa Murphy’s International take-and-bake pizza chain. Stone most...
As KFC gears up for a major rebranding initiative with the launch of “grilled” chicken next year, some competitors are taking aim at the segment leader and questioning its plan while others say their marketing efforts will continue to...
Quick-service restaurant operators that have turned to outside firms to screen job candidates report immediate improvements in worker retention, offering relief from the segment’s notoriously high turnover. Atlanta-based Church’s...
With profit margins shrinking by the minute and loans more difficult to come by, more operators are garnering elusive capital for growth by selling their real estate assets and then leasing them back. Last month, Lone Star Funds, the...
When the buyout bubble burst last year, not all restaurant-related deals were washed away.Instead, the deals—still driven largely by the same private-equity firms behind the shopping spree of recent years—now take into account the limited access...
NEW ORLEANS Al Copeland, founder of the Popeyes Chicken & Biscuits and Copeland’s of New Orleans chains, died Sunday at a clinic in Germany, where he was being treated for cancer of the salivary gland. He was 64. Aflamboyant figure who...
Facing discouraging economic forecasts, gloomy consumers with thinning wallets and a weak U.S. dollar, American restaurant franchisors are hinging their growth plans increasingly on far-away lands.In recent weeks, many operators have announced...
TAMPA Fla. A 15-unit Church’s Chicken franchisee has filed for Chapter 11 bankruptcy protection and closed three unprofitable stores, according to court documents. The franchisee, Tampa-based Quick Service Foods, said in the filings that a...
DENVER Quiznos has appointed former Yum! Brands Inc. chief operating officer David Deno as president, effective immediately, the company said Monday. Deno, who will report directly to chief executive Greg Brenneman, will...