Quick_Service

Marketing

How marketing led McDonald’s out of the pandemic

The burger giant began listening to its customers and applied what they said to its marketing ideas. The result has been a series of big wins that made the brand cool again.

Technology

Here’s how Starbucks’ Web3 loyalty program extension will work

Starbucks Odyssey, a major expansion of the company’s Rewards program into the metaverse, enables customers to collect NFTs and points through interactive activities.

The $207 million deal is the latest in a string of acquisitions by the Canadian owner of Pinkberry and Papa Murphy’s, giving the company a major U.S. presence.

The Bottom Line: As customers returned to Starbucks, revenue from unspent gift cards did, too, providing the coffee giant with a weird and profitable source of funds.

The burger giant is testing a small-format restaurant in Fort Worth. Its centerpiece is a conveyor system that delivers food to a mobile-order lane.

The “Chick-fil-A Originals,” feature a selection of apparel and other merchandise. They are not expected to last long.

The Bottom Line: Quick-service chains are getting more business from lower-income diners. Here’s why it might not all be a trade-down from more expensive restaurants.

The burger chain’s stock was hammered Tuesday as inflation and investments ate into its profits. The company is taking operational steps to improve margins, such as new cheese pumps.

Plus, the chain’s Enchirito returns as a throwback favorite after it won more fan votes in a head-to-head competition with the Double Decker Taco.

The former Domino’s CEO will make a $30 million investment in the owner of Burger King, Popeyes, Tim Hortons and Firehouse and will get options worth close to $200 million.

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