Blue MauMau has observed and argued for years how franchisors that put franchisees as the key driver of their businesses reach spectacular heights. When CEO John Miller came on board Denny's, Blue MauMau highlighted this franchisee-driven system, which is built differently than its peers.
RALEIGH, N.C. – Golden Corral appointed Lance Trenary as its president and chief executive officer effective January 1. Trenary replaced CEO Ted Fowler, who retired at the end of 2014 and had held the top position with the company since 1989.
GLENDALE, Calif.—Last week Thursday DineEquity Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP restaurants, announced financial results for the first quarter of 2014. Same-restaurant sales in the United States grew 3.9 percent over 1Q 2013 at IHOP while dropping 0.5% at Applebee's.
SPARTANBURG, S.C. – Denny's Corporation (Nasdaq:DENN) reported on April 28 that same restaurant sales in the United States increased 1.8 percent in its first quarter ending March 26, 2014. Denny's company-owned restaurants increased in same restaurant sales by a grand 3.2 percent compared to a quite respectable 1.5 percent increase in domestic franchised restaurants.
This Huddle House in a small town has been shuttered for 3 years
ATLANTA — Southern restaurant chain Huddle House has been sold this week to private equity firm Sentinel Capital Partners by Ares Capital Corporation, according to Huddle's investment advisor Harris Williams & Company.