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Burger King

Financing

One of the bankrupt Burger King franchisees is on the verge of a sale

Burger King is among a trio of approved buyers of most of the 90 units owned by Toms King Holdings, which declared bankruptcy in January. A court has yet to approve the deal.

Financing

Burger King is closing 26 locations in Michigan

EYM King, a Texas-based operator who the brand sued in February for not paying royalties, is closing the locations over the next few weeks.

The burger chain’s new culinary focus reflects head chef Chad Brauze’s experience and passion gained in Michelin-starred restaurants.

Meridian Restaurants Unlimited, which operates 118 Burger King restaurants in nine states out west, filed for Chapter 11 bankruptcy protection, blaming a combination of low sales and soaring inflation.

The franchisee, which operates one out of seven Burger King restaurants in the U.S., said it generated more cash than it has in two years as more of its customers paid the full price.

The new executive chairman of Restaurant Brands International believes the burger may be a better brand than Burger King right now. It may be key to the fast-food chain's U.S. comeback.

Restaurant Rewind: Old is new again as chains ranging from Outback to Wendy’s resurrect classic ad themes for another go. So where’s the beef in these new efforts?

Patrick Doyle, and now new CEO Josh Kobza, take the helm at the owner of Burger King, Tim Hortons, Popeyes and Firehouse Subs with a mandate: Speed the company's growth.

The former Domino’s CEO, who returned as executive chairman of Burger King owner Restaurant Brands International in November, said he is “all in” with his new position.

The Bottom Line: Restaurant Brands International, under its new executive chairman and incoming CEO Josh Kobza, said improving profits for its store owners is critical to driving future growth.

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