TOLEDO Ohio The 200-unit Marco’s Pizza said it plans to open 42 restaurants in Georgia in partnership with franchisee YaFei Zheng.Zheng has already opened three of those units, in Dunwoody, McDonough and Suwanee, all in the Atlanta area. The...
NEW YORK Restaurant operators, already scrambling to fund growth, may need to reach deeper into their bag of tricks as CIT Group Inc., a large industry lender, has filed for Chapter 11 bankruptcy protection from creditors. While...
DALLAS —Industry executives gathered here to share best practices during the 50th Annual Multi-Unit Foodservice Operators conference made it clear they are relying on innovation to fuel their own...
Dan Stone, director of franchise sales at The Melting Pot, a 140-unit-plus casual-dining chain, had spent months courting national lender CIT Group to garner preferential treatment for the fondue chain’s franchisees. He wrote...
During these tough economic times, when so many aspects of how consumers spend their limited dollars are largely outside of a restaurateur’s control, more brands are addressing the things they can influence: improving efficiencies, reducing...