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Four Quarterly Reports & Two Mergers

Four Quarterly Reports & Two Mergers

◊ Shake Shack is doing so well it can tell competitors what its next pitch will be and dare them to hit it.◊ CEO Randy Garutti told analysts (and everyone listening in) Shake Shack will deliver a double promotion in Q1 of 2017: a new BBQ ShackMeister burger and a BBQ Chick’n Shack sandwich with a […]

Burger King to Get Quick Boost in France

Burger King to Get Quick Boost in France

Saying it is not interested in developing a third brand under its corporate umbrella, Restaurant Brands International (RBI) says it expects that the majority of the Quick burger chain its French franchisee has proposed to acquire will be converted to the Burger King brand. Burger King France, master franchise joint venture partner for France, is […]

Soft Drinks Lose Fizz; Smashburger Sells

Soft Drinks Lose Fizz; Smashburger Sells

Beverage orders have declined by 4% or 2 billion servings over the past five years, according to new data from The NPD Group. The decrease would have been greater except for the rise of iced/frozen coffees, specialty coffees and bottled water. Most of the leakage is coming from carbonated diet and regular soft drinks, milk […]

Will Chanticleer Acquire Little Big Burger?

Will Chanticleer Acquire Little Big Burger?

Chanticleer Holdings likes burger concepts. Since 2013, the owner of Hooters of America has acquired American Roadside Burgers, The Burger Co., the BGR: The Burger Joint chain and the BT’s Burger Joint chain, all of them along the East Coast. But last month Chanticleer Holdings announced the filing of a $15 million shelf registration and […]

Burger King-Tim Hortons Deal Approved With Conditions

Burger King-Tim Hortons Deal Approved With Conditions

The Government of Canada on Thursday gave its approval of Burger King Worldwide’s application to acquire control of the Tim Hortons brand. However, like a parent reluctantly allowing a child to date, the government gave its approval contingent on Burger King’s agreement to a list of commitments. These reflected the government’s concern about an iconic […]

Hooters Parent Buys American Roadside Burgers

Hooters Parent Buys American Roadside Burgers

Chanticleer Holdings, parent of the Hooters chicken chain, announced an agreement to acquire all outstanding share of five-unit burger chain American Roadside Burgers (ARB). Terms of the acquisition were not released. ARB like Chanticleer is based in Charlotte, N.C. The concept opened 10 years ago in Smithtown, N.Y. It also operates two locations in Charlotte […]