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Steak ‘n Shake has closed more than 100 locations

 By Jonathan Maze on Aug. 02, 2019

The closures, which the chain says are temporary and will be refranchised, come as same-store sales continue to fall.

Financing

Burger King and Tim Hortons hope plant-based products lift sales

 By Jonathan Maze on Aug. 02, 2019

The two chains are seeing slow sales in their home markets and believe the introduction of plant-based items can reverse that trend.

Food

Burger King takes Impossible Whopper national

By Jonathan Maze on Aug. 01, 2019

The plant-based burger will be available for a limited time next week, making BK the biggest chain to offer one.

Financing

Espresso drinks drive Dunkin’ sales

By Jonathan Maze on Aug. 01, 2019

But traffic was down despite national value, and the company's stock price fell.

Financing

Pizza Hut plans to close hundreds of U.S. units

By Jonathan Maze on Aug. 01, 2019

The brand will quickly replace the restaurants with takeout and delivery locations as it accelerates its shift away from dine-in.

Financing

Impossible Foods reaches manufacturing deal with OSI

By Jonathan Maze on Jul. 31, 2019

The famed McDonald’s supplier will provide the plant-based meat maker with additional capacity to meet demand.

Financing

How Beyond Meat is taking hold at Del Taco

By Jonathan Maze on Jul. 30, 2019

The chain’s Beyond Tacos proved popular but haven’t helped it generate transaction growth or prevent a July sales slowdown.

Food

Taco Bell says it plans to reduce antibiotics in beef supply

By Jonathan Maze on Jul. 29, 2019

The company became the latest to commit to a reduction in the use of antibiotics important to human health in its beef.

Financing

Remodels push McDonald’s sales higher

By Jonathan Maze on Jul. 26, 2019

The company’s 5.7% U.S. same-store sales growth was its highest since 2015 as the company’s strategies bear fruit. But guest counts are still falling.

Financing

McDonald’s has slashed its drive-thru service times

By Jonathan Maze on Jul. 26, 2019

The company’s efforts to hold competitions, add technology and simplify the menu has already cut 15 seconds off its service times through the window.

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