News on QSR, Restaurant and Food Service Trends

November 13, 2007
Nelson Peltz places bid for Wendy's
Billionaire investor Nelson Peltz submitted an offer to buy Wendy's International Inc., but the proposed price is below what he previously said the third-largest U.S. hamburger chain is worth, according to a regulatory filing Tuesday. The filing did n...
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November 13, 2007
Oer-hollandse cafetaria steeds vaker chinees
Bij de oer-Hollandse cafetaria, met frikadel en 'frites met' als culinaire toppers, staat steeds vaker een Chinees achter de frituurpan. Een vijfde van de ruim 5.000 cafetaria's in Nederland is al in handen van Chinezen. En hun aantal groeit, zegt Lipi...
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McDonald's for news
November 11, 2007
Efficiency of McDonald's India is an inspiration.
In India, McDonalds reveals unique local flavours — both on its very resistable menu and otherwise. Much to the surprise of ultranationalists and leftists who thought the American food giant would be routed, it has stuck around, growing and expanding ...
From the archive
November 10, 2007
Are french fries in the US QSR chains now trans fat free?
The check. For each of the chains, we bought and analyzed fries from five to nine restaurants in five states.CR's take. In our sampling, Wendy's still missed its mark. So did Burger King. McDonald's fries claim a high 8 g for most locations and 0 g fo...
From the archive
November 10, 2007
McDonald's same-store sales jump in October
McDonald's Corp. said Thursday that comparable sales jumped by 6.9% during October, fueled by strong growth in Asia-Pacific, the Middle East and Africa.McDonald's also reported overall sales growth of 14.2% during the month. Again, Asia-Pacific, the Mi...
From the archive
November 09, 2007
McDonald's, Pepsi not trying to make kids fat
When you think of childhood obesity, McDonald's and Pepsi want you to think of them -- but probably not in the way you think. Representatives from the fast-food and soft-drink conglomerates attended a international conference aimed at fighting childho...
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November 08, 2007
Dairy Queen to add 500 stores in China in next 5 years
International Dairy Queen Inc, a U.S. ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population.     The company, contr...
From the archive
November 08, 2007
Burger King Corp nombra presidente de la región de America Latina
Burger King Corp (NYSE: BKC) anunció el nombramiento de Armando Jacomino como presidente de la región de América Latina. Jacomino continuará con el creciente desarrollo de restaurantes de la Compañía en América Latina y el Caribe, incluida una mayor e...
From the archive
November 07, 2007
US: 65 Percent of Fast Food Restaurants Report Increased Employment in Q4
While industries such as retail, manufacturing, and financial services have cut tens of thousands of jobs, the foodservice sector continues to beef up payrolls, with 65 percent of fast food restaurants reporting an increase in employment levels at bot...
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November 06, 2007
Burger King names Armando Jacomino president for Latin America
Burger King Corp on Tuesday named Armando Jacomino as president of the Latin America region, replacing Julio Ramirez, who was promoted to executive vice president, global operations.
From the archive
November 06, 2007
Burger King Holdings Plans 300-Unit Expansion
Burger King Holdings will show its first net restaurant gains in the US and Canada in six years in 2008, executives said at the company’s first quarter conference call. The company also says it plans an expansion of a net increase of 300 units worldwid...
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Burger King for news
November 05, 2007
Burger King Fiscal 1Q Profit Rises
Fast-food chain Burger King Corp. said Monday its fiscal first-quarter earnings rose 23 percent, beating Wall Street expectations, helped by "Simpsons"and "Transformers"marketing promotions and sales of the Tendercrisp and Spicy Ch...
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November 05, 2007
Burger King shares down 6%
Burger King Holdings Inc. said Monday its first-quarter earnings rose 23 percent, but shares of the world's second largest hamburger chain fell more than 6 percent as three big shareholders disclosed plans to sell about a third of their holdings.
From the archive
November 05, 2007
Ganancia Burger King aumenta en 1er trimestre fiscal
La cadena estadounidense de restaurantes Burger King Holdings Inc reportó el lunes un aumento mayor al esperado en su utilidad del primer trimestre fiscal, gracias a sus nuevos sándwiches de pollo y sus promociones de las películas "The Simpsons&...
From the archive
November 04, 2007
Q&A: Ralph Alvarez, president and chief operating officer of McDonald's Corp. on diversity
In 2003 and 2004, the fast-food giant ranked No. 1 in Fortune Magazine's listing of "Top 50 Companies for Diversity."In 2006 and 2007, Latina Style magazine called McDonald's "Number One Company for Latinas to Work." Ralph Alvarez,...
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October 31, 2007
Wendy's Financing Package Could Lead To Lower Offers
Potential buyers for Wendy's International Inc. (WEN) have a Nov. 12 deadline to submit bids for the hamburger chain, but a shaky financing package assembled by Wendy's banks could throw a wrench in the auction and lead to lower offers. Wendy's lende...
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October 31, 2007
Japan's Mitsubishi launches takeover bid for KFC Japan
Japanese trading house Mitsubishi Corp. announced a tender offer Wednesday to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to 30.83 billion yen (US$267.72 million;¤185,38 million).Mitsubishi, which already owns 31 percent of ...
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McDonald's for news
October 29, 2007
McDonald's Hungary moves to trans fat free frying oil
From October, McDonald’s Hungary replaces its cooking oil to a newly developed mixture that is made of rapeseed and sunflower seed oil. The new oil has lower than 2% TFA content – reduced from the current maximum of 5%. And the rate of saturated fats ...
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