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Quick Service Restaurant

  • Domino’s Pizza delivers strong quarterly results

    Ann Arbor, Mich. – Domino’s Pizza, Inc. delivered strong results in net income, revenues and same-store sales during second quarter 2013. Net income totaled $33.3 million, up 18.5% from $28.1 million the same quarter a year earlier. Total revenues were about $414.1 million, up roughly 10% from $376.1 million a year earlier. Same-store sales rose 5.8% following an increase of 5.7% a year earlier, driven by 6.8% growth in domestic franchise stores.

  • Taco Bell says goodbye to kids’ meals and toys

    Irvine, Calif. – Taco Bell plans to discontinue all kids’ meals and toys at its U.S. restaurants. The fast-food chain will start removing the items from its menu at stores this month at anticipates to have eliminated all kids’ meals and toys in the U.S. by January of next year. Menu items from kids’ meals will remain available for individual purchase.

    Greg Creed, CEO of Taco Bell, said kids’ meals are not part of the company’s long-range strategy and have an insignificant impact on overall sales.

  • McDonald’s reports small Q2 gains

    Oak Brook, Ill. -- McDonald’s Corporation reported modest global gains in net income, revenues and same-store sales during the second quarter of fiscal 2013. Both its profit and revenue trailed analysts’ estimates.

  • Johnny Rockets names Campanaro CFO

    Aliso Viejo, Calif. – Johnny Rockets has named Gary Campanaro as CFO. Campanaro previously served as CFO for the El Pollo Loco and Claim Jumper restaurant chains and has also held executive roles at Keith Companies, CB Richard Ellis and CKE Restaurants.

  • Report: Fast-casual industry shows no signs of slowing down

    Chicago -- According to Technomic's Top 150 Fast-Casual Chain Restaurant Report, fast casual makes up just 14% of the total $223 billion limited-service restaurant segment, but its sales continue to outpace other operators. Fast-casual sales increased 13% in 2012, and the largest chains — those which each made more than $325 million last year — did even better, growing by 16%.

  • McDonald’s plans Vietnam expansion

    Oak Brook, Ill. – McDonald’s has signed a contract with Vietnamese businessman Henry Nguyen to serve as a developmental licensee for the company in Vietnam.

    Nguyen, founder of Good Day Hospitality and managing partner of IDG Ventures Vietnam as well as a former part-time McDonald’s store employee in the U.S., is expected to open Vietnam’s first McDonald’s restaurant in Ho Chi Min City in early 2014.

  • Burger King expands home delivery to Salt Lake City

    Miami -- Burger King Worldwide said that it has now added Salt Lake City to the list of markets employing home-delivery.

    "BK Delivers is already performing well in Boston, New York, Miami, Houston, Los Angeles, Chicago, San Francisco Bay Area, Las Vegas, Sacramento, greater Washington, D.C., Phoenix and Denver,” said Petru Pusta, director retail innovation, Burger King Worldwide. The program allows consumers in each delivery zone to customize and order Burger King menu items by phone or online.

  • Starbucks tests new drink options

    Seattle – Starbucks is testing new drink options including handmade sodas and a coffee beverage known as “cold foam mocha.” As reported by the Starbucks Melody blog (which is not affiliated with the retailer), last month Starbucks began the second phase of a carbonated beverage test including proprietary root beer and ginger ale at select locations in Atlanta and Austin.

  • Krispy Kreme opens 100th Cancun store

    Winston-Salem, N.C. -- Working with franchise partner Taco Holding, S.A. de C.V, Krispy Kreme Doughnut Corporation will open its 100th store in Cancun, Mexico, on July 6. The store will feature Krispy Kreme's new international café-style store design, including hot doughnuts, barista specialists, a kid's zone and a drive-thru.

  • Buffets appoints two senior executives

    Greer, S.C. -- Buffets, the parent company of six family style steak buffet restaurant chains, has named Chip Romp to the newly created position of VP Training and Jay Allen to Senior VP Real Estate and Development.

    A 20-year training veteran, Romp comes to the company from the Italian Fast Casual concept Fazoli’s, where he served as VP Training, Development & Ops Services. He also has training experience with Applebee’s International, Damon’s International and Jillian’s Entertainment.

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