Pizza Inn has opened its new restaurant in Oklahoma City. The new restaurant is the company's third in this region and fourteenth in the state.
The Meat House has commenced a full-scale, franchise development program to expedite the company's market penetration. The company has opened new stores in three different markets across the US and continues to procure franchise development agreements.
The Quaker Steak & Lube has named John Longstreet as president and CEO, effective April 1, 2010. Mr Longstreet succeeds Ken Cole, who stepped down at the end of February to focus on opening Quaker Steak & Lube franchise restaurants and other business opportunities.
Smashburger has selected David Prokupek, its chairman, to also serve as chief executive officer. The company has also expanded its board by adding three new members who will provide strategic direction and guidance as the burger chain accelerates its growth and reaches more than 100 stores in 2010.
NexCen Brands, a strategic brand management company, has signed an agreement with existing master developer, DRH Group, for the development of four Marble Slab Creamery stores in Egypt, over a period of five years.
McDonald's has reported that its global comparable sales increased 4.8% in February. In the US, it increased 0.6%, in Europe it increased by 5.4% and in Asia/Pacific, Middle East and Africa it was up by 10.5%.
