McDonald’s Corp. is setting aside approximately $2.9 billion to $3 billion next year for the development of 1,500 to 1,600 new restaurants and about 1

US-based Togo's Eateries has inked two multi-unit franchise agreements with an existing franchise group Fischer to open 20 new outlets across Oregon a

Strides in product innovation coupled with strategic acquisitions has positioned Inventure Foods for future success, said Terry McDaniel, chief execut

$988 million could buy a lot of McChickens, as well as a lot of customers. Restaurant ad spending overall was up 5.2 percent last year, the highest ju

Corner Bakery Cafe has entered into three additional multi-unit restaurant development deals with existing franchise partners to open outlets in Idaho

Frisch's Restaurants reported revenue of $49,216,739 during its fiscal 2014 second quarter ended December 10, 2013, a 1.4 percent increase over the $4

Rescue efforts are under way for Red Lobster following Darden Restaurants’ December announcement to sell or spin off the seafood chain.

A joint bid by TPG Capital and Abraaj Group has emerged as the favourite to acquire a majority stake in Saudi fast-food chain Kudu after the selling s

KFC parent Yum Brands Inc said it expects sales growth to resume at its established restaurants in China this quarter, after a surprisingly steep Augu

American breakfast-lunch chain Sunny Street Café has inked an agreement with TriLeRiPer to open 40 new outlets in Eastern Canada.