QSR ketens / restaurants

februari 23, 2009

The Recession: Impact on Fast Food Restaurants and Sales of Frozen Potato Products to Foodservice

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.

februari 23, 2009

Dairy Queen introduces Sweet Deals value menu

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...

februari 23, 2009

McDonald's CEO Jim Skinner: no market share loss to Starbucks

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...

februari 23, 2009

KFC Taiwan offers second meal at 50% discount

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 ...

februari 22, 2009

Restaurants struggle as consumers eat at home

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.

februari 19, 2009

KFC anuncia la creacion de 9.000 puestos de trabajo

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...

februari 18, 2009

Fast-Food Chains Going After Sit-Down Diner Dollars

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....

februari 17, 2009

Consumer Reports Tests confirm fast-food french fries are trans-fat free

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...

februari 17, 2009

National Restaurant Association Statement Regarding Federal Court Ruling on Menu Labeling in New York City

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...

februari 09, 2009

National Chip Week: How to make the perfect chip

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.

februari 09, 2009

McDonald's same-store sales January rise 7.1%

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...

februari 06, 2009

KFC plans first ever value menu launch next week

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...

februari 06, 2009

American Consumers dining out even less

The recession is forcing consumers to cut back even more on dining out, particularly at higher-end restaurants, according to a new survey. The study by market research firm Morpace Inc. found that 48 percent of U.S. consumers are eating out less often ...

februari 05, 2009

Abrira McDonald's 175 tiendas en China y contratara mas de 10.000 empleados

McDonald's China anunció el día 4 un plan de expansión para abrir 175 nuevas tiendas y generar más de 10.000 empleos en la parte continental de China a pesar de la desaceleración económica global. La expansión es la mayor que lleva a cabo McDonald's ...

februari 05, 2009

Burger King 2Q Net Down On Stronger Dollar;Cuts Year View

Burger King Holdings Inc.(BKC)reported a 10% decrease in second-quarter net income, as a stronger U.S. dollar took a toll on earnings despite improved sales.The quarter's results were below analysts' expectations, and the stronger dollar prompted the f...

februari 05, 2009

Technomic: calorie count on menu influencing item and restaurant choice

A new survey conducted by foodservice consultants Technomic, Inc. revealed that the mandated calorie disclosure for New York City restaurants with 15 or more units is affecting what items consumers order and which restaurants they visit. Technomic fou...

februari 04, 2009

McDonald's slashes China prices by up to 33 percent

Mcdonald's Corp (MCD), the world's largest fast-food chain, has cut some prices by as much as a third in China where once booming economic growth has slumped amid the global financial crisis.In what the company calls "the best ever value meal comb...

februari 03, 2009

Yum! Brands Q4 profit declines 12%;adjusted earnings beat consensus

Restaurant chain operator Yum! Brands Inc. (YUM), Tuesday announced that fourth quarter profit declined 12% from last year, hurt by charges, and negative impact from foreign currency translation. Excluding charges, earnings grew over the year-ago, and...