One of Guyana’s largest fast food franchise holders is investing more than GUY$50 million in taking Church’s Chicken, Mario’s Pizza and Quiznos to the new Giftland Mall set to open early next year at Liliendaal, Greater Georgetown. Chief Executive Officer of CAMEX Group, Terrence Campbell said the investment would be in state of the art [...]
Analysts were understandably skeptical this month when Tim Hortons interim CEO Paul House blamed the company’s disappointing third-quarter financial results partly on “capacity issues” at some of its restaurants. Canada’s iconic coffee-and-doughnut chain reported that it’s on track to miss its annual growth target in part because lineups at some of its stores were simply [...]
Franchising could put your business on the path to hypergrowth, but only if your business model is a fit. Fast-food restaurants aren’t the only types of businesses that can be franchised; financial planning, convenience stores and beauty salons are other kinds of businesses that have proved amenable to the model. To be franchise-worthy, there are [...]
Charities should take lessons from the fast food giant McDonald’s, according to a new report on social franchising. The research by Dan Berelowitz, a fellow from the 2011 Clore Social Leadership Programme, looks at what the sector can learn from franchising in the commercial sector. It concludes that social organisations should consider replication as a [...]
The spot previously occupied by a vegetarian fast food joint is set to become the latest Chicago franchise of local Italian beef giant Al’s Beef, reports say. Al’s started as a small family-run Italian beef stand in Little Italy in 1938 and has grown into a Chicago institution since then. It will take the place [...]
Fast-food franchise operator Restaurant Brands is forecasting a flat annual profit after reporting a mixed first-half result which included higher costs ahead of the startup of Carl’s Jr stores. Net profit rose 2.4% to $8.8 million in the six months ended Sept. 10 on a 0.2 rise in group revenue. Including non-trading items, profit fell [...]
“Fast casual” is reportedly emerging as the newest trend in fast food, particularly for pizza entrepreneurs who want to capitalize on the fact that Americans are eating more of the pies than ever before. What is fast casual? Time defines it as follows: “The idea, which the value-conscious, pressed-for-time American consumer has embraced with open [...]
Roughly 8 percent of people have a food allergy, according to American Academy of Allergy, Asthma and Immunology. Of that group, nearly one-third have multiple food allergies. The most common food allergies are peanuts, followed by milk and shellfish, but there are a great many unusual food allergies that affect many people. Walk into any [...]
Melanie Maidman is married with an 18-month-old son and a full-time job as an administrative assistant at Lambton College. But as busy as she is, she wanted another challenge and to fulfill a goal she’s always had to open her own business – all this at age 25. “I was on my maternity leave and [...]
It takes some nerve to open a new fast food restaurant specialising in chicken dishes just four doors down from Nando’s, the most successful of all chicken-themed chains. Nando’s is world famous for its peri-peri chicken so it must be more than sheer coincidence that the similarly monickered Roosters Piri Piri has decided to open [...]
According to Wendy’s mythology, the chain’s founder, Dave Thomas, had a particular meal that he liked to order. He would get a single cheeseburger with pickles, onions, and mustard, a cup of chili, a side salad, and a small Frosty. Then he would wash it all down with a diet soda. The tastes of Jim [...]
Staff from McDonald’s restaurants near Peterborough have been joining forces with members of the public to rid their streets of litter. Some 80 litter pickers banded together for the events in Glinton, Stamford, Haddon and Wisbech, with 185 bins of rubbish being collected in all. The litter pick was part of the fast food giant’s [...]
The first day of any new business can often be a fraught affair with a series of worries always at the back of your mind. Even with the set-up and ongoing support of a franchisor, building a business takes a lot of hard work and long hours. It’ll come as no surprise then to discover [...]
For many, today’s tough economy means tightening their belts. But for one local restaurant owner, this is the perfect time to expand. It’s a typical Tuesday in Chapel Hill, and that means popular local restaurant (B)Ski’s is packed. (B)Ski’s is part of a rapidly growing trend in the restaurant world: “fast casual.” Just like the [...]
Orange Julius is joining Farmington’s two Dairy Queen franchises after the pairing of the brands proved successful in Aztec. Both fast-food brands are owned by Berkshire Hathaway Inc., Warren Buffett’s Omaha, Neb. firm. The parent company is offering Dairy Queen restaurants the option of adding the Orange Julius line, local franchisees Brad and Sonia Dahms [...]
McDonald’s franchise reportedly testing mobile payment app that will enable customers to pay for fast food purchases with PayPal. The race for mobile payment options is heating up as McDonald’s, the world’s largest restaurant chain, has been reported to be testing a mobile payment system that will allow the franchise’s customers to purchase their meals [...]
Does America have too many fast-food restaurants? It might seem that way, as the economy continues to slumber. Some chains are still red-hot, including emerging brands such as Five Guys Burgers & Fries, which added more than 180 units last year. A recent report from QSR Magazine shows that of the largest 50 fast-food chains [...]
We know: anecdotal evidence doesn’t count for much in the world of journalism. But as we sit here eating a quick $3 lunch of a dollar McDouble and an a la carte order of french fries, we can’t help but think that there’s more than a hint of truth to a new study released by [...]
Rapper Pitbull has become a part-owner of a popular fast-food restaurant chain in his native Miami, Florida. The I Know You Want Me (Calle Ocho) hitmaker has been brought on board as a “significant” shareholder of The New Miami Subs Grill franchise in a deal which bosses hope will help to revive the ailing 1990s [...]
The people of Boston will have to purchase their chicken sandwiches elsewhere: Mayor Thomas M. Menino has sworn that the franchise will have to fight city hall to bring its fast-food empire to Boston after Chick-fil-A’s president, Dan Cathy, said gay marriage is “inviting God’s judgment on our nation.” The Atlanta-based chain is hoping to [...]
What’s keeping the U.S. economy in the doldrums? One answer: Aspiring franchise owners can’t get the business loans they need to open the doors. Many of these franchises are fast-food restaurants or retail stores that would hire workers. That hiring is being stifled by the small-business lending logjam. Previously, the Small Business Administration had access [...]
Subway, the American fast food sandwich chain, could open a franchise at a British school for the first time.The restaurant company is in talks with Parrs Wood High School in Didsbury, Greater Manchester, over opening a concession at its Sixth Form college. The plans were revealed after Education Secretary Michael Gove announced a review of [...]
As one of Restaurant Magazine’s Top 50 Franchises in 2010, this fast casual dining restaurant is on the rise and continues to proudly be “Delivering more than just great pizza”. Happy’s Pizza was established when Co-CEO Happy Asker noticed the lack of solid dining options on Detroit’s North East side. The first store, which opened [...]
Johnny Rockets announced that the South American nation of Brazil will be the home of 30 new stores of the fast-food franchise, as part of an agreement with restaurant tycoon Antonio Augusto Ribeiro de Souza. This will be in addition to the chains of Johnny Rockets stores that will open in Peru and Ecuador, as [...]
Athens-based fast food chain Zaxby’s will soon be expanding its locations in Virginia, according to a St. John and Partners press release. The company has recently signed a development agreement with Hoozax Food, Inc. and will be building 32 new locations in the Norfolk and Richmond, Va. areas over the next seven years. Zaxby’s, which [...]