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The owner of Quiznos and Church's is apparently making a play for a bankrupt Hardee's franchisee

A company apparently controlled by High Bluff Capital, the investment firm that owns the restaurant chains, is the stalking horse bidder for half of the 108 restaurants operated by Summit Restaurant Holdings.


Did the operating environment push franchisees into bankruptcy? Sort of

The Bottom Line: Soaring food and labor costs made it a lot more difficult for restaurants to generate a profit last year. But both Hardee’s and Burger King had long-term problems that played a bigger role in those bankruptcy filings.

The burger brands are taking the technology from Presto nationwide after tests showed a significant revenue boost.

Summit Restaurant Holdings, which once operated 145 Hardee’s restaurants in Alabama, Florida, Georgia, South Carolina, Kansas, Missouri, Montana and Wyoming, plans to seek a buyer.

The former Papa Johns operations chief will take over as CEO of CKE Restaurants for Ned Lyerly.

Restaurant Rewind: The man knew biscuits and burgers as well as he knew the route to the Super Bowl.

A former owner of the Carolina Panthers NFL team, the North Carolina native made his money as a Hardee's franchisee. He would later operate Quincy's, Denny's and El Pollo Loco, among other restaurant brands.

Restaurant Rewind: Hardee's well-timed tweet last week echoes two of the restaurant industry's greatest marketing moments.

History shows deep pockets and past triumphs are no guarantee of conquering the peculiar world of foodservice. Here’s a look at past trainwrecks.

The company and its franchisees are planning to spend $500 million to reimage the brands’ restaurants in a “long overdue” program.

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