Msn Yum Brands Inc., owner of restaurant chains including Taco Bell and KFC, said Monday it will buy out Whitbread PLC’s stake in their 50-50 U.K. Pizza Hut joint venture for $183 million plus the assumption of $25 million in debt and liabilities. The deal, which includes 541 restaurants in the... More

Nz Herald BurgerFuel plans to get its gourmet burger chains sizzling across the Tasman, with a store to open in Newtown, Sydney, by the end of the year. The Auckland-based company is also tipping New Zealand franchises to reach 40 late next year, from the current 15. Managing director and founder Chris... More

Move over stereotypical restaurant chains, Mr. Greek is coming through! The Canadian born Greek chain is ramping up its franchise sales and crossing the border. With its eye on a nationwide expansion plan and a virtually untapped Greek market, the concept is prepped and ready to take over the country. “Greek... More

Krispy Kreme Doughnuts Inc. has settled a lawsuit brought by its biggest franchisee, Los Angeles-based Great Circle Family Foods. Under the agreement, a Krispy Kreme subsidiary named Southern Doughnuts LLC will buy three Great Circle Krispy Kreme stores in the California cities of Burbank, Ontario and... More

Iafrica About 1000 Shoprite Checkers employees were protesting over a wage dispute against the retail giant in Hillbrow on Friday, their trade union said. They were demanding a 10.0 percent wage increase while management was offering 8.0 percent, said South African Commercial, Catering and Allied Workers... More

Inq7 ATLANTA-BASED fast-food chain Church’s Chicken launched Friday its first Philippine outlet, which it said would be the springboard of its expansion in Asia and worldwide. Al Ryan, vice president for international operations, said the store at the SM Mall of Asia, in the Manila Bay reclaimed land... More

Agencyfaqs After making its way to your hearts through your stomachs, fastfood major McDonald’s is now planning another strategy to build its brand across India. The company will soon have a national footprint for its McDelivery format. The quick service restaurant (QSR) chain will be rolling out... More

Pro-Tech Solutions announced the implementation of its Pro-Tech drive-thru kiosk at a Subway restaurant in Mentor, Ohio. The kiosk stands almost 5 feet tall, but is built upon a telescoping pedestal that allows the unit to move up or down for different-sized vehicles.The kiosk features an auto-dimming... More

All Africa WHILE SA has gone a long way towards creating a climate in which entrep-reneurs and small businesses can thrive, it has not yet produced a fraction of the number of young entrepreneurs necessary for economic growth. Bodies such as the Umsobomvu Youth Fund and the Youth Development Trust aim... More

Scottish Franchise Magazine QuikDrop International has announced that Marc Hare, the Founder of Cash Converters in the UK, has purchased the Master Franchise rights for development of 200 QuikDrop eBay drop-off store locations in England, Scotland and Wales. QuikDrop makes it easy for clients and businesses... More

Domino’s Pizza served up a 25 per cent rise in profits yesterday thanks to the World Cup and big advertising campaigns such as the Michael Owen promotion of the Football Fanatic Pizza. The pizza delivery chain’s profits before tax jumped to £6.3m in the half year to 2 July as people stayed... More

Ccfa Shanghai. About 250 or more Franchisors for International developers are expected… Visit the Expo at China World Trade Center. Why China ? China- A Market Not To Be Missed! As a distinct business vehicle, franchising was introduced into China in the early 1990s. With a population of more... More