QSR, Restaurant and Food Service Trends

August 07, 2008

Restaurantes de comida rapida en Mexico eliminan grasas pero suben costos

Barcel, Bimbo, Gamesa, Sabritas, Sigma y restaurantes como Burger King, entre otros, eliminarán voluntariamente la utilización de grasas trans que son consideradas perjudiciales para el ser humano. La medida, dada a conocer por el Consejo Mexicano de...
Wendy's Q2 profit drops 32% on commodity costs, charges
August 06, 2008

Wendy's Q2 profit drops 32% on commodity costs, charges

Wendy's International, Inc., the third largest U.S. hamburger chain, said Tuesday after the markets closed that second quarter earnings fell from last year, hurt by declining sales and rising commodity costs as well as restructuring charges and expense...
August 04, 2008

Restaurants Spurn Food Contracts For Spot Market

Higher prices and shorter lengths for food contracts are forcing some restaurants to reconsider locking in prices for ingredients and instead buy chicken, beef and other goods on the spot market, exposing themselves to volatile costs. Major food suppli...
August 01, 2008

Chinese Cooking Contest encourages dishes made with US frozen potato products

The United States Potato Board (USPB) conducted the 2008 US Potato Chef Cooking Contest in China to enhance the application of US frozen potato products in Chinese cuisine and to encourage the local Hotel Restaurant and Institution (HRI) establishments...
July 30, 2008

Aumenta consumo de comida rapida

Comer en un restaurante a la carta o elegir uno donde predomine la rapidez del servicio conlleva, además de fijarse en el valor nutricional, mirar al bolsillo. Cada vez están siendo más los residentes que se inclinan por esta segunda opción. Los esta...
July 30, 2008

Manila Police To Run Cars On Used McDonald's Cooking Oil

Police in Manila are looking to convert their patrol cars to run on a mixture of diesel and used cooking oil from McDonald's (MCD), officials and the company said Tuesday. With oil prices at crippling highs, the project would convert cars in the Makati...
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 Burger King
July 30, 2008

The Burger King brand enters Suriname

Burger King Corp. announced today that it has awarded development rights in Suriname to the following franchise developers: Shanker Persaud, Anil Raghoebarsingh, Sanjay Raghoebarsingh and Armand Van Alen. The first BURGER KING(R) restaurant to be launc...
 The Chip Group
July 28, 2008

Are you New Zealand's best chip shop? Hurry: Deadline July 31

Chip shops across the country are being urged to get in quick to be crowned the nations best chippie, with registrations for the ‘That’s Life! Best Chip Shop Competition 2008’ due to close on 31 July. Chairperson of the Chip Group, Glenda Gourley, sa...
 California
July 25, 2008

Schwarzenegger signs California trans fat ban

California will be the first state to ban trans fats in restaurants and bakeries under legislation signed today by Gov. Arnold Schwarzenegger. The measure requires restaurants to quit using trans fats by January 2010, and for bakeries to follow suit ...
David Karam to succeed Kerii Anderson as chief of Wendy's after purchase by Triarc
July 25, 2008

David Karam to succeed Kerii Anderson as chief of Wendy's after purchase by Triarc

J. David Karam will succeed Kerrii Anderson, president and chief executive of Wendy's International Inc, when Triarc Cos Inc  completes its purchase of Wendy's later this year, Triarc said on Friday.
July 25, 2008

Wendy's post-merger management team unveiled

The top executive group at Wendy's after its acquisition by the parent of the Arby's chain will include three faces familiar to the Dublin company's employees and franchisees. Triarc Companies Inc. disclosed Friday three high management appointments fo...
 McDonald's
July 25, 2008

Increased Food Prices Mean Changes Are on the Horizon for McDonald's Dollar Menu

Get your $1 double cheeseburgers at McD's while you can - they're not likely to be around much longer! With ingredient costs on the rise and a significant increase in the cost of beef, McDonald's may raise prices on some of its popular dollar menu item...
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July 23, 2008

McDonald's sube por ventas mundiales

McDonald's Corp, la mayor cadena mundial de restaurantes, reportó ganancias mayores que las esperadas para el segundo trimestre, impulsadas por sus sólidas ventas en el extranjero. El énfasis de la compañía en ofrecer menús de bajo precio ayudó a sort...
 McDonald's
July 23, 2008

McDonald's posts higher second-quarter profit

McDonald's Corp, the world's largest restaurant chain, posted a higher second-quarter profit on Wednesday, boosted by strong overseas sales. Net income came to $1.2 billion, or $1.04 per share, compared with its year-earlier loss of $711.7 million, or ...
July 22, 2008

GAIN Report: Food Service Industry Turkey 2008

Total 2007 food service revenues were about USD 19.5 billion. The tourism industry is optimistic about the 2008 season and based on early reservation numbers the Mediterranean Touristic Hotel Association predic ts a 5 to 10 percent increase in 2008 rev...
July 22, 2008

McDonald's May Post Quarterly Profit on Europe Sales

McDonald's Corp., the world's largest restaurant company, may report a second-quarter profit after European sales rose twice as fast as in the U.S. McDonald's probably earned $1.1 billion, or 95 cents a share, according to John Glass, a Morgan Stanley...
Wendy's: Takeover by Triarc progressing well
July 18, 2008

Wendy's: Takeover by Triarc progressing well

Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"in ironing out the details of its takeover by Arby's owner Triarc Cos. Inc. In a letter to employees filed with the Securities and Exchang...
 Burger King
July 18, 2008

Burger King Buys 72 Franchised Restaurants In Iowa, Nebraska

Burger King Corp. has bought 72 restaurants throughout Iowa and Nebraska from franchisee Simmonds Restaurant Management for an undisclosed amount.   The company said that it has expanded its restaurant presence to attractive Midwest markets, enabling i...

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