Hardee's

Financing

Hardee's pushes back against an early-closing franchisee

The fast-food chain argues in a counterclaim against Paradigm Investment Group that the operator is the only traditional franchisee not complying with rules on operating hours and digital orders.

Financing

Dave's Hot Chicken provides Roark Capital with some needed growth

The Bottom Line: More than half of the private-equity firm’s restaurant chains shrunk last year, including Arby’s, Subway and Sonic. And only six of its chains, not counting Dave’s, grew more than average.

The Bottom Line: Data from Hardee’s franchise disclosure document reveals that restaurants with speedier drive-thrus and better online reviews generate stronger sales.

The Bottom Line: Filings in a lawsuit against the fast-food chain show a steep dropoff in business at its restaurants as the day goes on.

A 76-unit franchisee out of Tennessee, Alabama, Mississippi and Florida that doesn’t accept digital orders or keep restaurants open for dinner has sued the fast-food chain to stop a termination effort.

Crunch, creaminess and other textural food components are becoming as important as flavor when it comes to menu innovation.

The former Church’s Texas Chicken chief executive will take over leadership of the struggling, Roark Capital-owned burger chains.

CKE Restaurants, which also owns the burger chain Hardee’s, has separated its two fast-food brands and its international development under a trio of executives.

CKE Restaurant Holdings named former Cracker Barrel executive Jennifer Tate CMO, while it named ex-Yum Brands executive Mike Lenihan CFO.

High Bluff Capital Partners won bidding for 81 of the 108 locations for $16 million. Hardee’s parent CKE Restaurants is buying another nine locations.

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