Top Burger King franchisees are reinvesting in their stores and getting behind the brand’s new Sizzle design package as the system still grapples with bankruptcies and closures. Operators are “leaning into quality over quantity, Josh Kobza, RBI’s chief executive told investors, which “gives us confidence that we’re on the right path.”
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Restaurant Brands International plans to acquire Carrols Restaurant Group in a deal that values the Burger King franchisee at about $1 billion. RBI plans to remodel and refranchise most of the stores.