News on QSR, Restaurant and Food Service Trends from Northern America

January 07, 2008
Burger chains All Deploy 99-cent Price Point as Marketing Tactic to Reach Budget-Conscious Consumers
After years of playing into the mass-affluence trend by trying to get their consumers to trade up to pricier, fancier fare, McDonald's, Wendy's and Burger King are all deploying the 99¢ price point as a key marketing tactic going into a year when middl...
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January 04, 2008
Burger Chain Shares Drop After Wendy's Disappoints With Dip in 4th-Quarter Same-Store Sales
Shares of the nation's burger chains fell Friday as disappointing sales results at Wendy's International Inc. made some on Wall Street question whether fast food stocks could be impacted by a consumer spending slowdown. Before the market opened, Wendy'...
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January 03, 2008
Calgary trans fat ban: the risks
Calgary may be making history this week as the first Canadian city to ban trans fats in restaurants, but that doesn't mean eating out will soon become much healthier. Some nutrition experts are concerned the massive push to eliminate trans fats in Ca...
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January 02, 2008
More QSR restaurants stay open late
With Americans working and partying later than ever, quick-service restaurants (QSRs) are responding to the midnight munchies with extended hours, and in some cases, throwing away the "closed"sign altogether.Taco Bell, Wendy's and Burger King...
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December 31, 2007
Analyst Says Wendy's Turnaround Stalling
A Lehman Brothers analyst said Monday Wendy's International Inc., the nation's No. 3 hamburger chain, is struggling to turn its business around, despite a consumer environment that should help fast food restaurants garner more customers. Analyst Jeffr...
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December 21, 2007
McDonald's sees restaurants as green laboratories
From low-flow water faucets to converting French fry oil to fuel, McDonald's Corp is testing ways to reduce the impact its 31,000-plus restaurants have on the world's resources. The hamburger chain, whose iconic brand and presence in 118 countries has ...
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December 13, 2007
South Los Angeles moves forward with fast food restaurant ban
Despite concerns over its broad sweep, a city panel on Tuesday moved ahead with a plan to ban fast-food restaurants in South Los Angeles. The proposal from Councilwoman Jan Perry was approved by the council's Planning and Land Use Committee even thou...
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December 13, 2007
NRA Predicts 2008 To Be a Year of Snacks
In its 2008 Industry Forecast, the National Restaurant Association (NRA) Wednesday pointed to the snack industry to post the highest sales increase in 2008 with an expected 3.2 percent real sales increase in the upcoming year. The quick-service segmen...
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KFC for news
December 12, 2007
Yum Brands to mimic McDonald's
After a year of disappointing results in its U.S. division, Yum Brands Inc. is looking to copy one of its biggest rivals in the fast food industry in a bid to turn its troubled business around. At a meeting with investors and analysts Wednesday, Yum ...
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McDonald's for news
December 10, 2007
McDonald's Sales Increase 8.2%, Surpassing Estimates
McDonald's Corp., the world's largest restaurant company, said November sales rose 8.2 percent, exceeding analysts' estimates, as customers bought coffee in the U.S. and chicken sandwiches in Europe and Asia. The stock jumped 1.4 percent to a record. ...
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McDonald's advertising on report cards
December 08, 2007
McDonald's PR blunder: Advertising on School Report Cards (video)
McDonalds prints coupons on report cards that reward young children for getting good grades. As childhood obesity rates soar, the controversy is growing about this potentially harmful partnership between fast food companies and public schools.
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KFC for news
December 07, 2007
Yum to cut owned restaurants sharply by end 2010
Yum Brands Inc, owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said on Thursday it aims to own fewer than 10 percent of its U.S. restaurants by the end of 2010, down from about 20 percent currently. In a statement, the company also said it...
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McDonald's will help franchisees with the costs of coffee machines
December 06, 2007
McDonald's will help franchisees with the costs of coffee machines
McDonald's told franchisees this week that it will pay up to 40% of the costs to remodel restaurants to accommodate the machines needed to make lattes, mocha drinks and other specialty beverages. McDonald’s USA President Don Thompson said last month sa...
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December 03, 2007
McDonald's outperforms fast food rivals in the stock market
Say what you want about their French fries, McDonald's, the world's largest fast-food chain, is one appetizing investment. So far this year, McDonald's has been the second best performing stock on the Dow Jones industrial average. Shares are up 32 pe...
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December 01, 2007
Two big banks shunning Peltz's Wendy's bid
Citigroup and Merrill Lynch are unlikely to fund Nelson Peltz's bid for Wendy's International Inc., according to sources, adding another challenge to the attempted sale of the company. Citigroup and Merrill were expected to commit to Peltz's bid but el...
From the archive
December 01, 2007
Kerrii Anderson, Nelson Pelz not communicating
Wendy's International Inc. CEO Kerrii Anderson said Friday that she hasn't spoken with billionaire investor Nelson Peltz since his Triarc Cos. offered to buy the hamburger chain. Wendy's has not sought a so-called white knight to top Peltz's bid, Ande...
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November 29, 2007
Calgary to junk trans fat
Local diets will be nearly trans fat-free by July 2009, the Calgary Health Region confirmed yesterday. The region's board unanimously endorsed a plan that, according to its medical officer of health, Dr. Brent Friesen, will put the city in the natio...
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November 29, 2007
Moody's changes Burger King rating outlook to stable from negative
Moody's Investors Service Thursday changed the rating outlook on Burger King Corp. (NYSE:BKC) to stable from negative.The agency also affirmed ratings on the Miami-based fast-food company, including its Ba2 corporate family rating.Moody's said the stab...
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