Cadenas QSR/Restaurantes

McDonald's has announced that it is appointing Kenneth Chan from Singapore as its new CEO for he China area, replacing Jeffrey Schwartz. Chan has 12 years working experience in McDonald's. Prior to this appointment, he was regional manager for Malaysi...

McDonald's Corp (MCD.N) posted a 1.4 percent rise in February sales at restaurants open at least 13 months, as strength in the United States helped offset the impact of the stronger dollar. Shares in the company -- one of the restaurant industry's to...

Down an alley from a KFC, McDonald's and Pizza Hut here, Li Hong sat inside a dingy little storefront that serves full-course dinners for a dollar.A Western fast-food meal would have cost three times that much, said the young woman, who works as a sale...

ConAgra Foods Lamb Weston is known for uncovering opportunities for the foodservice industry in even the most challenging of economies. And today, that opportunity comes via a program that delivers a most innovative kind of support during these tough t...

Wendy’s/Arby’s Group Inc. posted a net loss of $393.2 million for its fourth quarter, as impairment charges and continued slow sales at the Arby’s chain weighed down results.The parent company to both the Wendy’s and Arby’s chains reported on Monday im...

Investment funds affiliated with Nelson Peltz, the well-known activist investor and nonexecutive chairman at Wendy’s/Arby’s Group Inc., have snatched up stock in quick-service and snack brands, and dumped holdings in casual-dining companies. Accordin...

Tracking data of the sales of frozen potato products to foodservice by the major US potato processors indicates a low single digit drop in pounds sold in the last quarter of 2008 and a high single digit dollar value increase. For entire 2008, the volume sold is flat. Export of frozen potato products is up, both in volume and dollar value, but export is relatively small (about 15%) compared to total sales. There is no clear sign in these tracking data that foodservice is moving away from higher priced specialties.

Dairy Queen’s Sweet Deals value menu may be rolling out nationally just in time to fight the recession, but it’s hardly a knee-jerk reaction to economic pressure, according to officials. The chain began testing the offer in 2007, before the downturn hi...

McDonald's Corp is not losing breakfast business to Starbucks Corp, McDonald's Chief Executive Jim Skinner said at a luncheon in Chicago on Friday.When asked if Starbucks, which recently revamped its morning menu with healthier choices, has taken a bit...

Kentucky Fried Chicken said yesterday its prices will go down starting today.KFC has to cut prices to get back customers won over by a rival fast food chain, McDonald's. The catch is a customer has to buy a second meal to enjoy the 50 percent discount ...

Cash-strapped consumers are getting reacquainted with cooking at home, and that's been bad news for restaurants and their stocks. The dining-out industry is suffering through a major fire in the kitchen.

Las cuentas de resultados de McDonald’s y Burger King no son las únicas que se ven favorecidas por la crisis. Por imperativo laboral o por ocio, ni la actual situación económica impide que miles de ciudadanos hagan sus comidas fuera de casa, eso sí, ol...

Fast-food chains are targeting cash-strapped patrons of casual-dining restaurants with premium products that are blurring the line between the two dining categories. One chain boosting its high-end offerings is Burger King Holdings Corp. (BKC). The No....

Good news about fast-food french fries: Tests show they are free of artery-clogging trans fats. The chains stopped using trans fats to make fries over the past few years, but ShopSmart magazine from Consumer Reports, tested some  samples from Burger Ki...

National Restaurant Association Executive Vice President for Public Affairs Beth Johnson issued the following statement in response to today's U.S. Court of Appeals decision to uphold a New York City Board of Health regulation that dictates how nutrit...

Opinions vary greatly as to how chips should be cooked. What's the best variety to use? Do you get a better result if you use vegetable oil or dripping? BigHospitality spoke to several chefs about their preferences especially for National Chip Week.

McDonald's Corp on Monday posted a better-than-expected 7.1 percent rise in global January sales at restaurants open at least 13 months, driven by strength in nearly all of its markets.McDonald's and other fast-food restaurants have benefited as a glob...

Yum Brands Inc.'s (YUM) KFC brand plans to launch its first nationwide value menu next week as the company looks to reinvigorate its lagging chicken chain with a message targeting cost-conscious customers. The value menu, which will be backed by nation...