Burger King

Financing

Burger King looks for a fix in China

The fast-food chain’s parent company, Restaurant Brands International, wants to get to 5% unit growth for its concepts by 2028. To do that, it must get its flagship chain on track in the world’s biggest growth market.

Financing

Burger King makes some progress with a key constituent: Families

The fast-food burger chain is getting more families in the door thanks to remodeled restaurants and promotions such as a How to Train Your Dragon Meal, which is helping it outperform many competitors. Strategies for restaurant operators.

Burger King and Wendy’s have unveiled summertime promotions designed to boost lagging early-year sales, while McDonald’s is opening later. The companies are using loyalty programs, limited-time offers and more marketing to win back price-conscious consumers.

The fast-food chain recently opened a 40,000-square-foot testing facility in Miami as part of an effort to improve operations and test new technology.

The fast-food chain is selling company stores only to franchisees with a strong operations track record and is upping its standards for running restaurants. And its sales are showing progress.

The partnership between the retail giant and the burger giant has been cooking for nearly a year.

Consolidated Burger Holdings, which operates 57 locations in Florida and Southern Georgia, declared Chapter 11 bankruptcy after a dispute with the company over remodels and amid heavy debt.

The Bottom Line: The brand’s massive changes mean it remains a work in progress. But operators say that the focus on profitability has it headed in the right direction.

Restaurant Brands International is acquiring Burger King China from TFI Asia Holdings but plans to find a new local operator.

The executive chairman of Burger King owner Restaurant Brands International has helped brands thrive with a simple idea: They do well when their franchisees do well.

  • Page 3