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Leadership

Wendy's names Abigail Pringle U.S. president

 By Jonathan Maze on May 23, 2024

The fast-food burger chain reconfigured its leadership team again, bringing back the U.S. president position 17 months after it was eliminated. E.J. Wunsch was named president of international.

Financing

Tasty Restaurant Group buys 64 more KFC restaurants

 By Jonathan Maze on May 22, 2024

The multibrand franchisee, which also operates Pizza Hut, Burger King, Dunkin’ and Taco Bell, acquired the locations in the central and Southeast U.S.

Financing

Brands need to think creatively as the industry heads into a value war

By Jonathan Maze on May 21, 2024

The Bottom Line: Giving customers meal options they can afford will be key to generating traffic this year. But make sure those offers can generate a profit.

Financing

Burger King is now its own biggest operator, for now

By Jonathan Maze on May 17, 2024

The fast-food chain has completed its acquisition of Carrols Restaurant Group, its largest franchisee. The deal will help the brand speed remodels and change its model of franchisee ownership.

Financing

Frustrated fast-food customers are apparently heading to Walmart

By Jonathan Maze on May 17, 2024

The retail giant suggested its value is pulling customers away from restaurants, where menu prices continue to increase.

Financing

How Popeyes changed the chicken business

By Jonathan Maze on May 17, 2024

How did a once-struggling, regional bone-in chicken chain overtake KFC, the formerly dominant player in the U.S. market? With a fixation on sandwiches and many more new restaurants.

Financing

Get ready for a summertime value war

By Jonathan Maze on May 17, 2024

The Bottom Line: With more customers opting to eat at home, rather than at restaurants, more fast-food chains will start pushing value this summer.

Marketing

McDonald’s goes ‘grandmacore’ with its new Grandma McFlurry

By Heather Lalley on May 16, 2024

The limited-time treat celebrates the memories made with grandma at the chain’s restaurants, the burger giant said.

Financing

Here's the big problem with all these $5 meal deals

By Jonathan Maze on May 15, 2024

The Bottom Line: With McDonald’s planning a $5 value meal of its own, more brands are already jumping onto the bandwagon. But not everybody will pay $5.

Financing

Fast-food menu price inflation is accelerating as deflation hits grocers

By Jonathan Maze on May 15, 2024

Prices at limited-service restaurants accelerated last month while grocery store prices declined, according to new federal data.

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