The second frozen yogurt craze continues its long decline

The Bottom Line: Pinkberry and other chains, which were all the rage a decade ago, continue to close locations as operators move on—just like the first frozen yogurt boom.


Papa Murphy’s owner MTY Group cuts staff as restaurants close

The Canadian-based brand collector, which operates Cold Stone Creamery and Pinkberry, among many others, has temporarily closed 2,100 locations.

CFO Eric Lefebvre will take over operation of the multibrand company in November.

The new owner will merge it into a mixed portfolio.

A Canadian company has agreed to purchase the burrito brands in a quest to become a U.S. restaurant power.

MTY Food Group will buy another chain operator; the combined company will have 75 restaurant brands.

The franchisor will serve as a U.S. growth vehicle for Canada-based MTY Food Group.

A trendy froyo chain that has achieved notoriety in major markets nationwide

Those photos you and your guests post to Instagram are about to get better-looking. Instagram introduced new creative tools last week that give users “the ability to adjust brightness, contrast, saturation, warmth and more.”

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

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