Quick_Service

Wendy’s is introducing a hot new breakfast sandwich

By Jonathan Maze on Feb. 02, 2022

The Hot Honey Chicken Biscuit is the first new product in the morning lineup since the daypart was introduced two years ago. The chain is also introducing a Hot Honey Chicken Sandwich.

Financing

Union-funded shareholders think McDonald’s didn’t get enough from Steve Easterbrook

By Jonathan Maze on Feb. 01, 2022

Pension funds for Teamsters union members say the company’s $105 million settlement from its former CEO did not go far enough.

Financing

Omicron variant takes a bite out of Starbucks margins

By Jonathan Maze on Feb. 01, 2022

The coffee chain finished the year with strong sales, but higher charges for supplies, wages and training put a lid on profitability. The company is raising prices and cutting overhead.

Marketing

McDonald’s celebrates the Lunar New Year in the metaverse

By Jonathan Maze on Jan. 31, 2022

The burger giant is working with Humberto Leon to create an interactive “Hall of Zodiacs.”

Premium

Marketing

Loyalty is generating more digital sales for McDonald’s

By Jonathan Maze on Jan. 31, 2022

More than 25% of McDonald’s sales are now coming through digital channels, driven largely by its loyalty program.

Financing

Two of the industry’s Wall Street darlings have taken a beating this year

By Jonathan Maze on Jan. 28, 2022

Chipotle, which once flirted with $2,000 a share, along with Domino’s have lost more than 20% of their value thus far in 2022.

Financing

Checkers and Rally’s turn to unit growth

By Jonathan Maze on Jan. 28, 2022

The drive-thru chains expect to add 60 locations this year after signing deals on both coasts.

Premium

Financing

After years of declines, McDonald’s plans U.S. unit growth this year

By Jonathan Maze on Jan. 28, 2022

The Bottom Line: The company has not added locations since 2014. After closing another 239 locations in 2021 it has the smallest number of units in 20 years.

Premium

Financing