Franchise News
Tim Hortons names new CEO; profit and stock drop
Tim Hortons Inc named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns.
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McDonald's Opens Energy-Efficient Restaurant in Cleveland
A McDonald's restaurant franchisee in the Cleveland-area is leading the way in making the franchise more green by constructing the most energy-efficient McDonald's in the region, prompting a visit from top executives who consider it a test site, the Cleveland Plain Dealer reports.
McDonald's CEO says Company Considering Offering All-Day Breakfast
McDonald's President and CEO Don Thompson said in a recent interview with CNBC that its considering expanding the chain's popular breakfast menu beyond its current 10:30am cut-off time slot.
Brazil's Pão de Açúcar counts on appliances for profit boost
Grupo Pão de Açúcar , Brazil's biggest retailer, is counting on a turnaround in its appliance division to make up for shrinking profit margins at its supermarkets as food inflation climbs to a five-year high.
Burger King Reports Earnings Double in 1Q, Revenue Drops
Burger King's earnings in the first quarter doubled in spite of revenue falling, as the fast-food chain slashed several restaurant-related expenses.
Brazil Unsatisfied with McDonald’s ‘Happy Meal’ Marketing, Fines Company
Brazil's consumer protection agency, Procon, has fined McDonald's for pushing Happy Meals on children through targeted advertising and toys.
McDonald's 14 Year Old Burger Looks Eerily 'Fresh' [VIDEO]
What does a McDonald's burger look like after sitting 14 years tucked away in its original wrapper in a coat at the back of a closet? Surprisingly, exactly the same way as you left it there.
Smoothie King Rolling Out 25 Stores in Missouri
Smoothie King is seeking to add 25 franchise locations in Missouri, in the St. Louis area over the next five years, the company said in a statement released Monday.
Dollar Menu Fails to Rev Up McDonald's Sales
The Dollar Menu failed to lift sales for fast food giant McDonald's, though the company still managed to eke out a higher profit for its first quarter.
Burger King Franchise in California Testing Delivery Service
Looking to order some takeout but bored of pizza or your local Chinese restaurant? Burger King in Glendale, California hopes customers will try out their new delivery service.
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