Restaurants
Why McDonald’s is following Walmart and Amazon into the advertising business
McDonald’s is following the lead of Amazon and Walmart as it starts its own media network.
McDonald’s will spend big on restaurant upgrades, training to drive growth
The plans are part of the fast-food giant’s new growth strategy, called McDonald’s > NEXT.
McDonald’s CEO expects high inflation, flat traffic are not going away for restaurant industry
McDonald’s CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.
McDonald’s is hosting an investor day as its U.S. business struggles. Here are 4 things to expect
The presentation comes as McDonald’s U.S. business disappointed in its most recent quarter.
Wendy’s franchisee files for Chapter 11 bankruptcy protection as burger chain struggles
One of Wendy’s biggest U.S. franchisees, Meritage Hospitality Group, filed for Chapter 11 bankruptcy protection.
Tropical Smoothie Cafe is getting a makeover as it prepares for its ‘next 3,000’ locations
Tropical Smoothie Cafe unveiled new branding as it grows rapidly under the ownership of private equity firm Blackstone.
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
From McDonald’s to Wendy’s, longtime Coke customers have been expanding their beverage offerings to boost their profit margins.
Wendy’s stock jumps on report of potential takeover bid from Nelson Peltz’s Trian Fund Management
Peltz’s relationship with Wendy’s dates back to an activist campaign he led more than two decades ago.
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.