QSR, Restaurant and Food Service Trends

January 11, 2008

Boston moves towards trans fat ban

Following the lead of New York City and Brookline, health regulators in Boston last night took the first step toward banning artery-clogging trans fat from French fries, doughnuts, and other food sold in restaurants and corner stores. The Boston Publ...
 McDonald's shares fall
January 11, 2008

McDonald's shares fall on concern over US consumer

Shares of McDonald's Corp fell as much as 8 percent on Friday, as a survey of franchisees showed December same-store sales grew at the lowest level in the six-year history of the poll. The survey of 31 domestic franchisees, representing 195 restauran...
 KFC
January 10, 2008

KFC switch to high stability canola oil finger-lickin good for Canadian canola industry

More than seven million kilos of high-stability canola oil has been used in Canadian KFC restaurants since the company ditched its vegetable shortening frying methods last year in favour of the healthier alternative. Demand from the restaurant chain, ...
January 08, 2008

Wendy's takes a hit from analysts

With the possible sale of Wendy's International dragging into the new year, questions are being raised about the direction of the Dublin-based burger chain. Some industry analysts have been hammering Wendy's on a number of fronts, pointing to "lac...
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...
Burger Chain Shares Drop After Wendy's Disappoints With Dip in 4th-Quarter Same-Store Sales
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...
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...
Analyst Says Wendy's Turnaround Stalling
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...
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 ...
December 14, 2007

Abrira Burger King restaurantes en Colombia

La cadena de comidas rápidas Burger King Corp. dijo el jueves que aceptó que un grupo de franquicias abra restaurantes en Colombia. El grupo, Kinco SA, inaugurará los restaurantes en las ciudades de Medellín y Cali desde los primeros seis meses del 200...
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

Burger King expands into Colombia

Miami-based Burger King announced that it will expand its brand into Colombia with one restaurant opening during the first half of 2008 in Medellin, and additional restaurants slated to follow over the next two years. Burger King granted development ri...
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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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 ...
 McDonald's beats estimates
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. ...
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.
Yum to cut owned restaurants sharply by end 2010
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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