QSR, Restaurant and Food Service Trends

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...
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...
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...
November 28, 2007

La acrilamida no aumenta el riesgo de cancer de mama

Un estudio importante halla que el compuesto que se encuentra en alimentos fritos y horneados no representa una amenaza. Al parecer existe poca o ninguna relación entre el cáncer de mama y la acrilamida, una sustancia que se encuentra en alimentos fr...
November 27, 2007

States Slow to Ban Restaurant Trans Fats

States from Connecticut to California have looked this year to mimic the success of large cities like New York in banning artery-clogging trans fats from restaurants. But in the 14 states that have so far proposed a ban or restriction, not a single b...
November 27, 2007

McDonald's regains a bit of warm fuzzies of years past

tThe times keep changing. Though the "I'm Lovin' It"tag is still there in all McDonald's advertising, there's a growing feeling the powers-that-be within the burger behemoth might be ready to turn back the clock -- just a bit -- and rediscov...
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November 23, 2007

Hardee's pushes back conversion to canola

Hardee's is expected to complete the transition to zero trans fat cooking oil by the end of 2008, its parent company CKE Restaurants Inc. said Wednesday. CKE originally thought the conversion would be completed in Hardee's and Carl's Jr. restaurants...
Wendy's CEO Kerrii Anderson: taking care of business
November 21, 2007

Wendy's CEO Kerrii Anderson: taking care of business

As CEO of Wendy's International, Kerrii Anderson's challenge has been to focus on running the business for the long term when the company might be sold in the near term. Under pressure from large, activist investors, the Dublin, Ohio-based fast food re...
November 19, 2007

McDonald's abrira una nueva linea de cafeteria

La cadena norteamericana de comidas rápidas McDonald's anunció hoy el lanzamiento de una nueva línea de cafetería, que promete ofrecer fuerte competencia a la macro-cadena Starbucks. "Queremos avanzar desde un lugar donde se ofrecía cafetería co...
November 16, 2007

Jack in the Box reports record 2007 profit

Same-store sales at Jack in the Box company restaurants increased 5.2 percent in the fourth quarter compared to a 5.9 percent increase during the same time last year. For the year, same-store sales at Jack in the Box company restaurants increased 6.1 p...
November 16, 2007

Arby's Restaurant ratings on negative watch after bid for Wendy's - S&P

Standard &Poor's Ratings Services signalled it may lower its ratings on Arby's Restaurant Group Inc on news that Triarc Companies Inc, of which Arby's is a wholly owned unit, has bid to buy all outstanding stock of Wendy's International Inc.'Althou...
 McDonald's at odds with franchisees over specialty coffee
November 16, 2007

Franchisees not lovin' McDonald's move into specialty coffee

After the success of its upgraded drip coffee -- which even managed to snag a thumbs-up from testers at Consumer Reports earlier this year -- McDonald's is gearing up for a massive expansion into the world of lattes."We want to move from beverage...
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November 13, 2007

Foley-Led Group Decides not to submit bid for Wendy's

A group led by William Foley, chairman of Fidelity National Financial Inc., has decided not to submit a bid for Wendy's International Inc., according to a person familiar with the situation.Bids for the hamburger chain were due at 5 p.m. Eastern time y...
November 13, 2007

McDonald's to sell more restaurants to franchisees

McDonald's Corp , the world's largest fast-food chain, said on Tuesday it would sell up to 21 percent of its company-owned restaurants to franchisees over the next three years. The announcement comes as McDonald's has been working to reduce its restaur...
November 13, 2007

McDonald's vendera mas restaurantes a franquicias

McDonald's Corp, la mayor cadena de comida rápida del mundo, anunció el martes que planea vender a franquicias hasta un 21 por ciento de sus restaurantes durante los próximos tres años o más.
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...
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...
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...

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