QSR, Restaurant and Food Service Trends

February 12, 2008

McDonald’s plans food processing unit in Punjab

McDonald’s will set up a food processing unit in Haryana or Punjab with an investment of Rs 100 crore to complement its sourcing activities in the local markets. “We are in discussion with both Punjab and Haryana for opening a food processing plant, wh...
February 12, 2008

Recession's Fast Food: 99-Cent Specials

Fast food companies, looking for a way to attract budget-conscious customers and keep them spending, are increasingly offering more food for less money. Jeffrey Davis, president of restaurant research firm Sandelman &Associates, said adding bigger...
 McDonald's
February 09, 2008

McDonald's January sales up 5.7%

McDonald's Corp. said Friday that global sales rose 5.7 percent in January, boosted by a stronger-than-expected showing in the U.S. and growth in Europe and Asia.The report eased investor concerns about fallout from an economic slowdown and sent the co...
February 08, 2008

Night owls send McDonald's Japan profits soaring

McDonald's Japan said Thursday its net profit jumped more than five-fold last year as the burger giant introduced more round-the-clock restaurants and updated its menu. Japan's leading fast-food chain predicted profits to keep growing this year as it c...
February 08, 2008

McDonald's quintuplica sus ganancias en Japon en 2007

McDonald's Holdings Co. (Japan) Ltd.  informó hoy que sus ganancias netas consolidadas del 2007  ascendieron a 7.820 millones de yenes (73,77 millones de dólares USA) , lo que significa que se quintuplicaron respecto al año anterior.  La mayor cadena ...
February 06, 2008

YUM considers KFC changes, including a 'non fried chicken platform'

YUM Brands is looking at significant makeovers of its mature fast- food outlets. One option it is considering is restructuring KFC, using what the company calls a "non-fried chicken platform"sometime next year. KFC has experimented with non-...
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February 04, 2008

After 17 yrs, McDonald's expects to earn profits in India

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...
Profit jumps at Wendy's, but it sees challenges ahead
February 04, 2008

Profit jumps at Wendy's, but it sees challenges ahead

Wendy's International said Monday that its fourth-quarter earnings more than quadrupled from a year ago, when it took major charges for discontinued operations, and restaurants reported better margins despite high prices for beef and chicken prices.Wen...
February 03, 2008

McDonald's Maharaja Mac may soon travel by train

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...
KFC fried chicken wings its way into Guinness Records
February 02, 2008

KFC fried chicken wings its way into Guinness Records

Qatar Food Company (Americana Group), the franchisee owner of KFC, yesterday set a record for the largest serving of fried chicken at the Villagio Mall.An adjudicator of the Guinness World Records made the announcement and presented a certificate to th...
February 01, 2008

Ganancias de Burger King trepan en 2do trim fiscal por ventas

La cadena de comida rápida Burger King Holdings Inc. anotó un aumento en su ganancia operacional del segundo trimestre fiscal, impulsado por mayores ventas en el mundo y el fuerte desempeño de su sándwich Homestyle Melt en el mercado local.   Burger Ki...
 Burger King
February 01, 2008

Burger King Shares keep rising

Shares of Burger King Corp. rose for a second day Friday, after the nation's No. 2 burger chain reported growth in quarterly profit in the face of a difficult consumer environment that slowed sales at its biggest rival, McDonald's. On Thursday, Burger ...
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January 31, 2008

Burger King CEO says not seeing U.S. slowdown

Burger King Holdings Inc (BKC.N: Quote, Profile, Research) saw no slowdown in U.S. consumer spending in the recent quarter and is experiencing an uptick in same-store sales in January, Chief Executive John Chidsey said on Thursday. "U.S. comps wer...
January 31, 2008

Burger King Q2 Profit Surges 29% On Higher Revenues

Florida-based Burger King Holdings Inc. (BKC), which operates more than 11,300 restaurants in about 69 countries, reported earnings for the second quarter of fiscal 2008, that jumped 29% from prior year. Total revenues for the quarter increased 10% fue...
January 30, 2008

McDonald's mice 'becoming human'

Mice fed a diet of McDonald's burgers and fries not only put on weight but start to develop human-like genetic traits, scientists have found. The same effect is not seen when mice are given a typical chimpanzee diet of raw fruit and vegetables. Most o...
January 29, 2008

McDonald's says to open 150 outlets in China in '09

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...
The Inventure Group: Burger King Snack goes National
January 29, 2008

The Inventure Group: Burger King Snack goes National

The Inventure Group, Inc. today provided an update on the status of its BURGER KING(r) brand salted snack test market and share repurchase plan. The Company reported that vending channel test marketing results for BURGER KING(r) brand salted snacks e...
January 29, 2008

McDonalds dice que aumentara presencia en China

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales.   McDonald's ...

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