QSR, Restaurant and Food Service Trends

October 31, 2008

Burger King Reports Q1 Fiscal 2009 Results; Confirms Full-Year EPS Growth Forecast of 12 to 15 percent

Highlights: - Revenues up 12 percent to $674 million- 19th consecutive quarter of worldwide positive comparable sales;3.6 percent- 18th consecutive quarter of United States and Canada positive comparable sales;3.0 percent - Trailing 12-month (TTM) aver...

October 30, 2008

Alimentacion saludable y ahorro energetico, claves de la politica de responsabilidad social de Mcdonald's

Según el informe de sostenibilidad publicado hoy por la compañía MADRID, 29 (SERVIMEDIA) La promoción de una alimentación saludable y el ahorro en el consumo de energía y recursos fueron las principales líneas de actuación en Responsabilidad Social Cor...

New Packaging Design for McDonald's World Famous Fries

October 29, 2008

McDonald’s Rolls out New Global Packaging Design that tells Food Quality Story

Beginning in November 2008, McDonald’s will introduce its new generation of global packaging, the most comprehensive rollout in the Brand’s history. All 118 McDonald’s countries will participate in this rollout over the next two years, putting the Bran...

October 27, 2008

Jim Skinner: McDonald's is 'Recession Resistant'

With the "Plan to Win"in full swing, it's rarely news when McDonald's reports strong quarterly earnings. But amidst an economic crisis, it is surprising to see a company post a 7.1 percent increase in global same-store sales which McDonald's ...

October 23, 2008

Ganancia McDonalds supera expectativas en 3er trim

En momentos en que los consumidores estadounidenses salen menos a comer ante la desaceleración económica, el negocio de la cadena de restaurantes McDonald's ha crecido con mayor rapidez que el de sus rivales, apoyado por la venta de nuevos sándwiches y...

October 22, 2008

McDonald's Global Comparable Sales Fuel Strong Third Quarter Results

McDonald's Corporation today announced strong operating results for the third quarter, driven by global comparable sales growth of 7.1%."The strength of McDonald's ongoing results is a testament to our multi-dimensional Plan to Win, which features...

October 22, 2008

Burger King worries over credit crunch impact

The global downturn is pushing consumers to Burger King's stores in search of cheaper dining, but the company is worried that a prolonged credit crunch could hurt its franchisees' borrowing ability. "In the short run, we've been somewhat of a ben...

October 21, 2008

McDonald's French Fries: MacFries or McFries?

So here it is, a PotatoPro Newsletter on 'McDonald's World Famous Fries' or MacFries as I will keep calling them in short. Yes, as far as I could figure out they were called MacFries, not McFries, even though Google gives more than twice as much hits on McFries than MacFries.

October 21, 2008

Restaurants Bound to Suffer from Financial Crisis, Finds Technomic

In a recently-completed survey of consumers, Chicago-based foodservice consultants Technomic, Inc. found that the financial market meltdown is likely to cause a high number (74 percent) of consumers to visit both quick- and full-service restaurants les...

October 18, 2008

For fast-food lovers, bad times are good

With the economy in a slide, US fast-food restaurants are rolling out big discounts and heavily promoting value, making this a golden time for diners on the run.Fast food is the part of the restaurant business that usually holds up best when the econom...

October 16, 2008

Food and Beverage Industry Concerned About Impact of 'Credit Crisis'

In a survey conducted by Clear Seas Research on October 13th, food industry insiders expressed concern over the impact of the current credit crisis -- both on their companies and on the food/beverage industry as a whole. While some believe the credit c...

October 15, 2008

Wendy's in hunt for 20 store sites in New Zealand

Jones Lang LaSalle's retail specialist team is hunting for properties for a 20-store expansion planned by fast-food chain Wendy's throughout New Zealand.The property consultants say the timing could not be better with the way the market has moved latel...

October 13, 2008

New York City Restaurants violating Calorie Posting Rule

New York City has issued nearly 700 citations to restaurant chains for not complying with new calorie posting rules. McDonald’s had most violations.The city has issued 682 violations to restaurant chains since a new law took effect five months ago requ...

October 13, 2008

Richard Ellis back at McDonald's Restaurants of Canada

Richard Ellis has returned to McDonald's Restaurants of Canada, after three years as the VP of communications for McDonald's USA. Ellis is now senior VP, communications and public affairs for McDonald's Restaurants of Canada, where he led PR from 2002 ...

October 10, 2008

Cierran 115 McDonald's en Venezuela durante 48 horas por faltas tributarias

Ciento quince establecimientos de McDonald's, la principal cadena mundial de comida rápida, fueron sancionados este jueves en Venezuela con un cierre de dos días por fallas en sus registros de compra y venta, informaron las autoridades tributarias.Los ...

October 09, 2008

Venezuela shuts McDonald's restaurants in tax fight

Venezuela's tax body has shut all branches of McDonald's in the South American nation for 48 hours as punishment for alleged tax irregularities, the government said on Thursday.Thursday's announcement affects McDonald's 115 restaurants in Venezuela.

October 07, 2008

Yum! Brands Inc. Reports Strong Third-Quarter

Yum! Brands Inc. Reports Strong Third-Quarter 2007 EPS Growth of 20% or $0.50 Per Share;Raises Full-Year EPS Growth Forecast to 13% from 12%;Plans $4 Billion in Share Repurchases Over Next Two Years. Yum! Brands Inc. (NYSE: YUM) today reported results ...

October 05, 2008

Analysts Question Wendy's Flight to 'Quality' Positioning

Wendy's really has flipped its wig. The No. 3 burger chain has elected to focus on adult consumers rather than "heavy fast-food users"ages 18-24—a move that some analysts are calling risky.While McDonald's and Burger King have enjoyed a rise ...