Quick_Service

Financing

Looking to build a drive-thru? Good luck finding sites

The Bottom Line: Demand for any drive-thru site is intense and costs are soaring. But it remains a solid long-term bet.

Technology

Big fast-food chains find their digital footing

A huge percentage of the business at major quick-service restaurants, including McDonald’s, Starbucks and KFC, is coming through apps, delivery and kiosks.

The advertising and marketing firm, based in Boston, will become its lead agency of record, effective immediately.

The owner of KFC, Taco Bell, Pizza Hut and Habit Burger said “we’re moving to a better place” as the impact of the pandemic on its restaurants eases.

The owner of KFC, Taco Bell, Pizza Hut and Habit opened nearly 4,200 new restaurants worldwide last year, which the company says is an industry record.

The chain’s growth surged outside the U.S. last year as it works to become a more global brand like its sister companies.

A Deeper Dive: Barry Wolfe, from Marcus & Millichap, joins the podcast to discuss the impact of growing demand for drive-thru sites on prices and availability.

Reality Check: McDonald's is going to give that shape a try, but for a radically different reason.

The chain, which pioneered the concept of sandwich delivery, has opened the new format in Florida as it looks to evolve its business.

The owner of KFC, Taco Bell and Pizza Hut is working with the University of Louisville and Howard University on an MBA-level program to help women and people of color interested in franchising.

  • Page 69