Quick_Service

Financing

Indiana files an administrative complaint against I Heart Mac and Cheese

The state, which has already told the company to stop selling franchises, is accusing the fast-casual chain of violating state franchise law.

Financing

Teens cut back on their spending

But Chick-fil-A and Starbucks remain their favorite restaurants, according to the latest Piper Sandler Taking Stock With Teens Survey.

The chicken chain introduced a new line of bundled meal options from $4.99 to $20, but not everything has a consistent price point nationwide, a nod to fast-food restaurants' complex relationship with value.

The Bottom Line: McDonald’s purchase of its Israeli market, following Burger King’s acquisition of Carrols, shows brands are more willing now to take over some restaurants.

The Bottom Line: The two fast-food chains are increasingly going head-to-head over chicken sandwiches and chicken wings.

The chief executive guided the drive-thru fast-food restaurant chains through the pandemic, restructuring and its sale last year to a trio of investment firms. A search is on for her successor.

The fast-food restaurant giant has an agreement to buy Alonyal Limited, the country’s franchise owner. The market has struggled since the outbreak of the Middle East conflict.

The fast-food giant is coming out with a new line of flatbread wraps, joining the quick-service restaurant wrap battle with its first new bread option in three years.

The fast-food chicken sandwich chain generated nearly $22 billion in U.S. system sales last year, according to its franchise disclosure documents, while both mall and non-mall locations thrived.

But the fast-food chain’s chief executive, who was recently given the chairman title, still makes less than he did two years ago.

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