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56°
Thursday, jun 4
Tag:
Franchise
Business
Qdoba Plans Dozens Of NY Restaurants In Major Northeast Expansion Push
Qdoba Mexican Eats is planning to add dozens of restaurants across the mid-Atlantic as part of a broader expansion effort. The fast-casual chain said it will open nearly 90 new locations across New York, New Jersey, and Pennsylvania, according to a news release on Wednesday, Dec. 10. Qdoba reached deals with regional franchise operators to increase its presence in the Northeast. The move marks one of Qdoba's largest expansion waves as the company competes with rivals like Chipotle and Moe's Southwest Grill. "Proven, multi-brand operators know what works in their portfolios, and t…
Business
Southern Chicken Favorite Plans Dozens Of New Tri-State Locations: What To Know
A beloved Southern chicken chain is planning to expand across the tri-state area, including a return to the Big Apple. Bojangles will open about 55 restaurants across the region, the company said in a news release. That includes 20 in the greater New York City area over the next 10 years, along with 35 across New Jersey. A new location in the East Flatbush section of Brooklyn is set to open in the winter as part of a franchise deal with restaurateur Habib Hashimi and the Hashimi Holding Corporation. "Bojangles has always stood out to me – from its delicious chicken, biscuits and …
Business
Golden Corral Serving Up All You Can Eat Wings Special
Golden Corral is expanding its dinner buffet to include unlimited bone-in and boneless chicken wings. The promotion is available now at participating restaurants after 4 p.m. on weekdays and during regular weekend dinner hours, although prices and schedules may vary by location. Golden Corral says the promotion is to "close out summer," but did not give a specific end date. The Raleigh, North Carolina-based chain said the seasonal feature brings back its traditional Buffalo-sauced bone-in wings and introduces hand-breaded boneless pieces served plain so diners can add Sweet Chili, Garlic P…
Business
Subway Hires Former Burger King Executive As CEO To Revitalize Sandwich Chain
The nation's largest fast-food chain has picked a former Burger King executive as its new CEO. Jonathan Fitzpatrick will become Subway's chief executive on Monday, July 28, the sandwich company announced in a news release on Monday, July 21. He'll take the role left by John Chidsey, who retired in late 2024 after leading Subway through a $9.6 billion sale to Roark Capital and overseeing several years of steep US restaurant closings. Fitzpatrick was most recently the CEO and president of Driven Brands, an automotive services provider also owned by Roark. "I'm honored to lead this …
Business
Ny-b
ased Mavis Tire Acquires Midas In Major Auto Repair Merger: What To Know
A major merger in the auto repair industry is out of the shop and complete. Mavis Tire has finalized its acquisition of Midas from TBC Corporation, the company announced on Monday, June 16. The purchase boosts Mavis Tire's retail network to more than 3,500 stores across the US and Canada. Midas will keep its name and continue operating from its headquarters in Palm Beach Gardens, Florida. Mavis Tire Express Services Corp. is based in White Plains, New York. The financial terms of the deal were not disclosed. "We are excited to officially welcome Midas to the Mavis family," …
Business
Trendy Hot Chicken Chain Started In Parking Lot Sold After Passing $600M Sales Mark
A private equity giant is buying a hot chicken restaurant chain that grew from a parking lot to an international brand that's very popular on TikTok. Roark Capital has purchased a majority stake in Dave's Hot Chicken, the restaurant said in a news release on Monday, June 2. Dave's said the sale will help the Los Angeles-based chain grow to more than 400 restaurants worldwide by the end of 2025. The company said it'll remain committed to delivering an "exceptional experience" for customers, employees, and franchise partners. "This is one of the great entrepreneurial journeys …
Business
Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains
Hooters, the restaurant famous for chicken wings and waitresses with skimpy outfits, is the latest national chain to file for bankruptcy. Hooters of America officially announced the Chapter 11 bankruptcy filing in a news release on Monday, Mar. 31. The Atlanta-based company filed for bankruptcy in a Texas federal court as part of a plan to sell off its corporate-owned locations and shift to a franchise-only model. The company said the move comes with "near unanimous support from key stakeholders" and aims to streamline operations while keeping all restaurants open during the restructuring p…
Business
McDonald's Launching Revamped Value Menu In New Year: Here's When
McDonald’s will ring in the new year by serving more for less. The fast food giant will unveil its new “McValue” menu nationwide starting on Tuesday, Jan. 7. McValue will include current fan-favorites, like the $5 Meal Deal, and a new “Buy One, Add One for $1” offer, allowing customers to mix and match their order. Breakfast options include classics like the sausage McMuffin and hash browns, while lunch offerings feature the 6-piece chicken McNuggets and double cheeseburger. McDonald’s is also extending through next summer its $5 Meal Deal, a combination of a McDouble or McChicken sandwi…
Business
TGI Fridays Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants
Casual dining chain TGI Fridays has filed for bankruptcy several weeks after at least 12 of its restaurants suddenly closed. The company filed the Chapter 11 petition on Saturday, Nov. 2, in Texas, near its Dallas headquarters. Founded in New York City in 1965, TGI Fridays has 95 restaurants in the US, 39 of which the company owns and operates. The other 56 are independent franchises not involved in the bankruptcy petition. The company said that all those locations will remain open. According to the TGI Fridays website and other reports, the following locations are now listed as permanent…
Business
Chick-fil-A Opens New Restaurant On Long Island: Here's Where
It’s a great day for lovers of Chick-fil-A. The chicken sandwich chain celebrated the grand opening of its newest restaurant, located in Farmingville’s Expressway Plaza at 2280 North Ocean Avenue, on Thursday, Oct. 17. It marks Chick-fil-A’s ninth location on Long Island. The new restaurant is expected to bring approximately 115 full- and part-time jobs and will be locally owned and operated through a franchise model, the company said. View this post on Instagram A post shared by Chick-fil-A, Inc. (@chickfila) It will be open for dine-in …
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