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Log In / Register | Feb 6, 2016

Two Studies Find Fast Food Workers Cost U.S. Taxpayers Billions

The low wages that quick service restaurants pay ends up costing American taxpayers billions of dollars, according to two studies released this week.

Fast Food Menu Changes for Fall

KFC's Go Cup
KFC's new Go Cup

LEXINGTON, Ky. — It's Fall and that means that Chief Marketing Officers have lined up new products in the hopes of raising consumer excitement, growing store traffic and generating royalties.

Giant Flynn Restaurant Group Buys Yum Franchisee

SAN FRANCISCO—The country's largest restaurant franchisee, Flynn Restaurant Group, announced today the acquisition of 62 Taco Bell and other Yum Brands restaurants for an undisclosed amount on August 21.

Food Trucks Eat Into QSR Visits

A Nathan's hot dog food truck
photo/bmm

CHICAGO — Since food trucks appeared on the restaurant scene their perceivable threat to brick-and-mortar restaurants has been widely debated. A recent survey finds that consumers replace a quick service restaurant (QSR) visit with a food truck visit.

McDonald’s July Sales Beat Flat Expectations

Golden Arches in New York City

OAK BROOK, Ill.—McDonald's Corporation on Thursday announced that U.S. comparable sales for stores opened at least 13 months were slightly better than the grim expectations.

Tim Hortons at Center of Canuck Kindness

Tim Hortons. photo/psMore evidence for those who think "polite Canadian" is redundant.

Steak 'n Shake Clashes with Denver Franchisees over Price Control

$4 Menu from Steak 'n Shake Facebook page
photo from Steak 'n Shake Facebook page

DENVER – There is a battle erupting between Indianapolis and Denver, and it is not about the Colts and Broncos starting a new football season. The scrimmage is between Indiana-based Steak ‘n Shake and Colorado franchisee developers over who has the control to set menu pricing in their restaurants.

'Burgernomics' Explained, Well Sort of

Giants McDonald's, Burger King and Wendy's are flexing their muscles in a mature market, meanwhile their workers are getting restless.

Shrinking Quiznos Seeks to Restructure Debt Again, Bankruptcy Ahead?

A shuttered Quiznos reopens under new owners
A Quiznos franchise opens under new owner. Photo/bmm 2008

NEW YORK CITY—Quiznos' former creditor now turned majority shareholder, Avenue Capital, has recruited the A-list law firm Akin Gump to pave a legal way for the imploding sandwich franchisor to unbury itself from a mountain of debt.

Starbucks CEO Says He Isn't Losing Sleep over Dunkin'

Starbucks' CEO Howard Schulz told CNBC on Friday that he isn't losing sleep from Dunkin' Brands strong earnings and its foray into selling franchise licenses in California.