Archive for July, 2009

Pizza Inn Announces Expansion

Seems that pizza is about the only sure thing in life these days.

Pizza Inn announced plans to expand the company after signing 13 new deals through its development incentive program. In addition, Pizza Inn Inc. has one corporate-owned location under construction in the city of Fort Worth, Texas, and has signed letters of intent for two additional locations in the Dallas-Fort Worth metroplex

Pizza Inn Announces Expansion

Credit crunch hijacks hopes for would-be franchise owners

The allure of owning a business, combined with the security of working with an established corporation, has for years made franchising a popular choice for budding entrepreneurs.

But for some, the recession is quashing that particular aspect of the American dream.

Despite perceived security, “research has shown the failure rate of franchises is not necessarily lower than regular businesses,” said Ilan Alon, a professor of international business at Rollins College who has written several books on franchises.

Credit crunch hijacks hopes for would-be franchise owners

Domino’s Pizza sales surge amid recession and swine flu fears

Things may be tough all over but there’s always room at the table for pizza.

Sales at Domino’s Pizza are booming amid the economic downturn and could get a further boost if more people stay at home because of swine flu.

Britain’s biggest pizza delivery chain said it was on course to beat City forecasts for this year, after reporting a 25% surge in first-half profits. As the economic gloom descended on Britain, Domino’s has been cashing in with more people preferring home delivery to restaurant meals.

Domino’s Pizza sales surge amid recession and swine flu fears

Economy Continues to Take Toll on Restaurant Industry

Restaurant traffic, still feeling the impact of rising unemployment and cost-saving consumers, declined in the spring quarter ending May 2009, according to the NPD Group, a market research company. NPD’s Consumer Reports on Eating Share Trends (CREST) reported that total restaurant industry traffic declined by 2.6 percent over the same quarter last year. It is the sharpest decline in industry traffic since 1981.

Economy Continues to Take Toll on Restaurant Industry

Food prices falling in US stores

We look at the price of potatoes, eggs, meat, bread and milk, and we found that at this shop, at least, prices of these goods fell on average by 17% in the past year.

This is of course only one supermarket in one US city, but US government figures from the Department of Labour also show a drop in food prices over the past year nationwide.

Food prices falling in US stores

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