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Financing

Nathan’s wants to be famous for more than hot dogs

The company is upgrading its menu and its design as it looks to turn around its restaurant chain’s fortunes.

Financing

Coronavirus hits China restaurants hard

Yum Brands, Starbucks, McDonald’s and others have had to close stores in a country many see as a major source of growth.

The company blamed fewer discounts for weakening same-store sales last quarter and believes plant-based meat is a new platform.

The company’s chicken sandwich was one of the best new-product introductions in fast-food history.

The San Antonio-based burger chain also named Sylvester Johnson chief data and analytics officer.

Parent company Restaurant Brands International is devoting time to a brand that has generated “disappointing results” in recent quarters.

The franchisor plans to buy 73 Sonic locations from the franchisee, SD Holdings, which also operates MOD Pizza and Fuzzy’s Taco Shop.

KFC U.S. President Kevin Hochman will be interim president of the struggling chain, which also added two key executives.

The company has reached an agreement with the convenience store chain to close the units by the end of this year.

The chain reported its best same-store sales in six years, thanks in part to Beyond Sausage, but traffic is still down.

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