Chains see sense in selling more stores to franchisees

04/11/2012 | Wall Street Journal, The

Burger King is the latest quickservice chain to unveil a plan to sell nearly all its company-owned stores to franchisees. Yum! Brands, Jamba Juice, Jack in the Box and other chains are pursuing similar strategies. "Wall Street security analysts think dollar-to-dollar royalty cash flows are more valuable than restaurant operating cash flows," says Kevin T. Burke, managing director of Trinity Capital in Los Angeles.

View Full Article in:

Wall Street Journal, The

Published in Briefs:

SmartBrief Job Listings for Retail

Job Title Company Location
Manager Merchandising Development
Walgreens
Northbrook, Illinois
Planning Analyst
Brooks Brothers
New York, New York
Director of eCommerce Merchandising
rue21
Warrendale, Pennsylvania
District Manager
The Vitamin Shoppe
Bayshore, New York
Sr Manager, Retail Marketing
Disney
Glendale, California