NRN's - Quick Service

Jack in the Box closes restaurant deals

Lisa Jennings — Fri, 08 Apr 2011 15:18:08 GMT

Numerous deals for Jack in the Box restaurants, including the final sale of 66 locations formerly owned by bankrupt franchisee Kobra Associates, as well as the sale of 21 corporate locations in Northern California, have closed in recent weeks.

KFC launches 'So Good' global ad campaign

Elissa Elan — Fri, 08 Apr 2011 15:18:08 GMT

KFC has introduced a new tagline, "So Good," and a $5 value meal called the Big Crunch Box as it kicks off its first global ad campaign.

Subway debuts chicken salad LTO

Bret Thorn — Fri, 08 Apr 2011 15:18:08 GMT

Subway said it has introduced a chicken salad sandwich as a limited time offering through July 4.

McD franchisee unveils modern design in L.A.

Lisa Jennings — Fri, 08 Apr 2011 15:18:08 GMT

As McDonald’s executives pledged to spend $1 billion in an ongoing effort to upgrade the chain with a new more “relevant” design, franchisee Richard Bechguenturian Jr. has unveiled his version of the next-generation restaurant in the Los Angeles neighborhood of North Hollywood.

Burgerville rolls out personalized nutrition data on receipts

Alan J. Liddle — Fri, 08 Apr 2011 15:18:08 GMT

Burgerville now offers guests something extra with their orders: the nutrition data for their meal on a printed receipt.

Sagittarius divests both Captain D’s, Del Taco

Lisa Jennings and Molly Gise — Fri, 08 Apr 2011 15:18:08 GMT

Sagittarius Brands Inc., which was created by industry veteran Sid Feltenstein and has operated the Captain D’s and Del Taco brands since 2006, has sold its fast-food seafood chain and recapitalized Del Taco under new ownership.

Sonic launches 'Real Ice Cream' with free shake promo

Ron Ruggless — Fri, 08 Apr 2011 15:18:08 GMT

Sonic Corp. is launching its reformulated soft-serve ice cream with a buy-one-get-one free shake promotion.

Jack in the Box's 2Q profit falls

Lisa Jennings — Fri, 08 Apr 2011 15:18:08 GMT

Jack in the Box’s core market of California showed improvement in the second quarter in terms of check averages and transactions, but high unemployment in the region remains a key obstacle in turning around declining sales, its parent company said.

Arby's names Moddelmog president

Elissa Elan — Fri, 08 Apr 2011 15:18:08 GMT

Arby's has named industry veteran Hala Moddelmog to the post of brand president, parent company Wendy's/Arby's Group said Wednesday.

Burger King blames weather for slow 3Q sales

Ron Ruggless — Fri, 08 Apr 2011 15:18:08 GMT

Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.

CKE says second buyout bid is better

Sarah E. Lockyer — Fri, 08 Apr 2011 15:18:08 GMT

CKE Restaurants Inc. said Tuesday it has deemed a second buyout bid for the company more attractive than the original $928 million deal with private equity firm Thomas H. Lee Partners LP.

Report: New CKE bidder is Apollo

Lisa Jennings — Fri, 08 Apr 2011 15:18:08 GMT

The rival buyout offer received by CKE Restaurants Inc. this week was from private-equity firm Apollo Management, Reuters reported Thursday.

CKE gets competing buyout offer

Lisa Jennings — Fri, 08 Apr 2011 15:18:08 GMT

The parent of Carl’s Jr. and Hardee’s said Wednesday it has received a rival takeover bid that may be a better deal than the buyout offer put forth in February by Thomas H. Lee Partners.

White Castle promotes Lisa Ingram to COO

Paul Frumkin — Fri, 08 Apr 2011 15:18:08 GMT

White Castle System Inc. has promoted Lisa Ingram, a fourth-generation member of the quick-service pioneer's founding family, to the post of chief operating officer.

McDonald's opens training site in China

Mark Brandau — Fri, 08 Apr 2011 15:18:08 GMT

McDonald's opened its first Hamburger University in mainland China, where the company expects to train an estimated 5,000 managers over the next five years as part of aggressive growth plans for the Chinese market.

NPC: Value will drive Pizza Hut sales

Alan J. Liddle — Fri, 08 Apr 2011 15:18:08 GMT

Signaling a possible turnaround for the 7,500-unit domestic Pizza Hut system that suffered through falling sales throughout 2009, NPC International Inc., the chain’s largest franchisee, said it expects double-digit growth in same-store sales for fiscal 2010’s first quarter.

Subway to introduce breakfast menu

Elissa Elan — Fri, 08 Apr 2011 15:18:08 GMT

Subway will launch a national breakfast menu of egg and cheese sandwiches next month, joining other quick-service players in the increasingly competitive hunt for morning sales.

Dunkin’ Donuts reports 2009 growth

Sarah E. Lockyer — Fri, 08 Apr 2011 15:18:08 GMT

Dunkin’ Donuts said Monday it opened 351 net new locations worldwide in 2009, to finish the year with more than 9,000 restaurants tallying $5.7 billion in systemwide sales.

Breakfast competition perks up as sales slow

Mark Brandau — Fri, 08 Apr 2011 15:18:08 GMT

Even though breakfast traffic has not fully recovered from declines brought on by high unemployment, new research shows that the morning meal is still an important daypart for restaurants.

McD’s rolls $1 breakfast menu to combat two-month sales dip

MARK BRANDAU — Fri, 08 Apr 2011 15:18:08 GMT

McDonald’s will debut its $1 menu of five breakfast items nationwide in January, a move that observers say was orchestrated to reverse two months of negative same-store sales.