Roark Capital Group has entered into a definitive agreement to acquire a majority stake in CKE Inc. Senior management at the parent company of Carl’s Jr. and Hardee’s chains will retain a minority stake. Currently, CKE is majority-owned and controlled by affiliates of Apollo Global Management. Terms of the transaction, expected to close in the...
McDonald’s Corp. has told investors that it plans to spend $3 billion opening as many as 1,600 new restaurants in the next year while revamping 1,000 locations. Also on deck for new and rebuilt restaurants, the world’s biggest restaurant chain will implement what it calls a Fast Forward Drive-Thru, which will allow customers whose orders aren’t...
Paul Johnson, who spent nearly 30 years in the foodservice equipment industry, passed away suddenly... »
The foodservice equipment and supplies industry continued to chug along in the third quarter of... »
The Honolulu offices of Bargreen Ellingson now are open for business. The company recently... »
Go figure. In spite of the partial shutdown of the federal government for half of October and the... »
It’s homecoming week at Zink Foodservice Group. On Dec. 1, Zink Marketing officially became the... »
Foodservice professionals celebrate ingenuity on the plate or in the kitchen. Take a moment to... »
It used to be that only a handful of the strongest U.S. chains were international. Today, that number tops 170. Should you be among them?
Super-automatic espresso machines make it easier than ever to implement a specialty beverage service in any operation.
Check out three profile-brewing machines that can give your operation an instant entrée into the world of craft-level coffee and tea.
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