Restaurant Industry News Archive for 2012

If loyalty is defined as being faithful to a cause, ideal, custom, institution or product, then there seems to be a certain amount of infidelity in the workplace these days.

The elected members representing five regions serve a two-year term and are selected by their peers to represent the entire franchise community's strategic guidance, feedback, ideas and requests. The Brand Advisory Council attends regular meetings with the Dunkin' Brands senior leadership team at the company's corporate headquarters in Canton, Mass.

FLANIGAN'S ENTERPRISES, INC., (NYSE Alternext US: BDL) owners and operators of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores, announced results for the 13 weeks and the 26 weeks ended March 31, 2012.

The Fort Collins, Colorado restaurant marks the company's 50th Mexican restaurant and its third Colorado location.

Walters to focus on sales program strategy for diversifying ServSafe portfolio, leveraging partner products, and expanding restaurant chain programs

Granite City Food & Brewery Ltd.® (NASDAQ: GCFB) announced the completion of the sale-leaseback of its real property in Troy, Michigan. The Troy location, which represents the Company’s 27th Granite City location, opened to the public last week.

7-Eleven, Inc. is taking a new and aggressive approach to enhance its social and corporate responsibility of illegal underage sales of age-restricted products.

Jack in the Box Inc. (NASDAQ: JACK) reported net earnings of $21.6 million, or $0.48 per diluted share, for the second quarter ended April 15, 2012, compared with net earnings of $6.8 million, or $0.13 per diluted share, for the second quarter of fiscal 2011.

Earnings per diluted share were $0.71, an increase of 22.4% compared to 2011 adjusted earnings per diluted share of $0.58. On a GAAP basis, fiscal first quarter earnings per diluted share were $0.71 in 2012 compared to $0.56 in 2011.

GE Capital, Franchise Finance recently provided a $4.1 million credit facility to Hinz JJ, LLC, a Jimmy John’s franchisee. The financing included $2.6 million to refinance debt and a $1.5 million development line of credit. The funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.