Americans have exponentially increased the time they spend on food and drink apps. QSR owners must provide a first-class mobile strategy or risk being left behind as a relic of the past by their competitors who do.
The largest Burger King franchisee in the U.S., Carrolls Restaurant Group Inc., announced a net loss of $11.5 million in the quarter that ended on March 31. The franchisee owns 1,010 Burger King and 55 Popeyes restaurants.
That’s compared to a loss $3.1 million, or 9 cents a share, in the year-earlier period, Carrols said in its earnings report issued Wednesday.
The biggest factor when Canadians choose a restaurant to patronize is its online reviews, a new survey reveals. Coming in second is the one that's closest.
When given the choice between 10 different restaurants near them, an astounding 39.2% of respondents indicated that they would choose based upon “the one with the best online reviews”. This is compelling, given that the second most popular response was “the one closest to me” at 21.9%.
Fast casual restaurant chains have grown both in unit count and consumer visits says a market researcher.
Last week Thursday Chick-fil-A held an informational meeting for pre-registered prospects interested and qualified to become the franchisee of its first restaurant in Hawaii. The eatery will be on the island of Oahu, likely in the islands' largest city of Honolulu.
Restaurant owners should take note that in 2019 labor, food and competition are all expected to increase. But there's good news too.
McDonald's National Owners Association (NOA), the newly formed franchise owners group, is grousing that Uber's delivery fees, compounded by corporate's rent and service fees, are not sustainable for owners with the resulting margins they are currently experiencing. The organization's third meeting is coming up on April 1 in Washington, DC. —Brigid Sweeney, AdAge
QSR managers work hard, but in spite of that are not generally thought to have particularly good wages. That's not the case for In-N-Out Burger managers. They make substantially more than college graduates with some of the better marketable degrees.
The chicken business in the U.S. is an oligopoly, dominated by the likes of Tyson, Pilgrim's Pride and Perdue. Costco, which reported selling 78 million of its $4.99 rotisserie chickens in 2014, wants to keep the price of that loss leader low, but the price of chicken has increased 24 percent over the last ten years. The company is moving to gain more control over the price and quality of the chicken it sells, including raw chicken, by establishing its own vertically integrated chicken business in eastern Nebraska.