Editors' Picks

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McDonald Canada Names Jennifer DelVecchio as New CMO

McDonald's Canada has appointed Jennifer DelVecchio as its new Chief Marketing Officer effective June 16, bringing her global expertise and deep Canadian market understanding to lead the brand's next chapter of marketing innovation and growth.

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Jun 16, 2026

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Red Robin Sells 86 Locations to Franchisees in Major Deal

Red Robin has entered into two refranchising agreements with Op Burgers and Kuber to sell 86 company-owned restaurants for $72.5 million, as part of a broader strategy to reduce debt and accelerate system-wide investment under its First Choice Plan.

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Jun 16, 2026

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Twin Peaks Franchisees Chart Path to Own the Brand

A group of Twin Peaks franchisees has been named strategic advisor to the chain's new owners following its sale out of bankruptcy, with a clear path to acquiring the brand outright within the next 12 to 16 months.

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Jun 16, 2026

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Yum Brands Sells Pizza Hut in 2.7 Billion Dollar Deal

Yum Brands has agreed to sell Pizza Hut through two separate transactions totalling $2.7 billion, with Long Range Capital acquiring the global business for $1.5 billion and Yum China Holdings purchasing the China operations for $1.2 billion.

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Jun 16, 2026

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On the Border Shuts Most Locations After Bankruptcy

On the Border has closed all of its company-owned restaurants just over a year after being acquired out of bankruptcy by Pappas Restaurants, leaving only five franchised US locations and one in South Korea still operating.

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Jun 15, 2026