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
Merchandise Planner
Academy Sports + Outdoors
Houston, Texas
Chief Information Officer
Total Wine & More
Potomac, Maryland
Vice President, Finance
Total Wine & More
Potomac, Maryland
Human Resources Director, Distribution Services
Bed Bath & Beyond
Union, New Jersey
Sr Buyer, Spirits
Total Wine & More
Potomac, Maryland