Quick_Service

Low-income consumers are apparently flocking to Taco Bell

By Jonathan Maze on Feb. 07, 2024

Some fast-food chains are losing customers to grocers over pricing issues. But the Mexican chain is apparently gaining them.

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The trade-down effect takes a bite out of fast food

By Jonathan Maze on Feb. 06, 2024

The Bottom Line: In past years, quick-service restaurants were a beneficiary in times when consumers were cutting back. Not this time.

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Loyal customers helped drive McDonald's sales last quarter

By Jonathan Maze on Feb. 05, 2024

Same-store sales rose 4.3% in the U.S., thanks to marketing, operations and its growing loyalty program. But sales came thanks to higher prices rather than traffic. And the chain saw sales challenges in the Middle East.

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As it loses customers to grocery stores, McDonald's shifts gears on pricing

By Jonathan Maze on Feb. 05, 2024

The company acknowledged that lower-income consumers are eating at home more often, largely because of moderate price hikes at grocers. Here’s how the fast food giant plans to respond.

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Subway has apparently sold a lot of its new Footlong Sidekicks

By Jonathan Maze on Feb. 01, 2024

The sub-sandwich chain, which is being sold to Roark Capital, said its footlong pretzel, churro and cookie are exceeding sales expectations.

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McDonald's works to keep pace with its customers' quality demands

By Jonathan Maze on Jan. 31, 2024

The Bottom Line: The fast-food giant’s improvement to its burgers is the latest menu upgrade in a bid to keep up with a competitive restaurant market.

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