Financing
A large Wendy's franchisee declares bankruptcy
Florida-based Starboard Group sought debt protection for its Wendy’s restaurants. It is the latest in a series of restaurant companies to take that step.
Financing
Subway and Starbucks oust their Brazilian operator
SouthRock Capital, a major food and beverage operator in the country, had its master franchise agreement with Subway terminated after less than a year and lost its license to operate Starbucks.