Farmington Hills-based Zoup! Systems LLC, the franchisor of the soup-centric Zoup! Eatery chain of restaurants, has been acquired by Florida-based WOWorks.Financial terms of the deal, which was announced in a Thursday news release, were not disclosed. WOWorks is now the parent company…

Texas-based Mooyah Burgers, Fries & Shakes is coming to Ocala, Florida, expanding its presence in the Sunshine State, thanks to a six-unit deal with Brad Harper, who is a franchisee for Mellow Mushroom and Zaxby’s.”We were searching for a burger brand that…

Arcos Dorados (NYSE:ARCO – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday, Zacks.com reports. The brokerage presently has a $8.50 price objective on the restaurant operator’s stock. Zacks…

Photograph: ShutterstockYum Brands on Thursday announced the launch of the Yum Franchise Accelerator, an effort done along with Howard University and the University of Louisville that is designed to help women and people of color who are interested in franchising. Ten second-year…

Photograph: ShutterstockKFC owner Yum Brands on Tuesday said it would pause development in Russia and redirect profits from the country toward humanitarian efforts as it assesses its options in the country. The move makes the Louisville, Ky.-based company the first restaurant chain…