Continue to Site >>>

Quick_Service

Leadership

Papa Johns names Todd Penegor CEO

 By Jonathan Maze on Aug. 01, 2024

The former Wendy’s chief executive will take the helm of the pizza chain immediately. The chain had been looking for a new CEO since the departure of Rob Lynch.

Financing

The data behind McDonald's $5 Meal Deal

 By Jonathan Maze on Aug. 01, 2024

The Bottom Line: The Chicago-based burger giant says the offer is generating incremental cash flow for operators as it reverses the company’s sagging reputation for value.

Financing

Starbucks sees a (profitable) future in smaller cities

By Jonathan Maze on Jul. 31, 2024

The coffee shop giant plans to increase the pace of its new store builds despite weak transactions. Yet its focus will be on cities with fewer Starbucks locations.

Technology

Taco Bell is expanding drive-thru AI to hundreds of restaurants

By Jonathan Maze on Jul. 31, 2024

The Mexican fast-food chain’s ultimate goal is to expand the technology around the world. The company believes it will cut wait times and improve the customer and employee experience.

Financing

California fast-food restaurants charge higher prices, get fewer customers

By Jonathan Maze on Jul. 30, 2024

New data from Revenue Management Solutions shows that price increases at fast-food restaurants are increasing at more than twice the national average. And traffic reflects it.

Financing

Higher menu prices catch up to McDonald's

By Jonathan Maze on Jul. 29, 2024

Inflation led to higher prices, which has hurt customer traffic this year and now sales are falling. The company says franchisees have the finances to "invest" in more value this year.

Financing

McDonald's same-store sales fall as customers cut back on fast food

By Jonathan Maze on Jul. 29, 2024

U.S. same-store sales at the burger chain declined for the first time in four years as traffic declines offset higher digital sales. Global results weren’t any better.

Financing

McDonald's reveals more details of its bigger burger

By Jonathan Maze on Jul. 29, 2024

The “Big Arch” is being tested in three international markets this year, including Canada. The company plans to spend the year learning before deciding whether to expand that test.

Financing

Lamb Weston paints a tough picture of restaurant demand right now

By Jonathan Maze on Jul. 25, 2024

The global potato supplier reported weak earnings this week, blaming them in part on weak restaurant demand as quick-service traffic worsened in the spring.

Technology

Bojangles speeds ahead with drive-thru AI

By Joe Guszkowski on Jul. 24, 2024

The chicken and biscuit chain is expanding its voice bot, Bo-Linda, to hundreds of locations, calling the technology a “home run.”

  • Page 3