The offering marked the second year the coffee chain has partnered with daily deal site Gilt.com to sell the cards.» Read More
Strikes against fast-food restaurants have called for the minimum wage to increase to $15, but the side effects of such a jump are unclear.
NEW YORK-- An analyst boosted his rating and price target for Jack in the Box on Thursday, saying its profitability is likely to continue to improve. Wedbush's Nick Setyan lifted Jack in the Box Inc. to "Outperform" from "Neutral" and raised its price target to $60 from $50.
A top executive at White Castle said a $15-an-hour minimum wage will force it to close nearly half of its locations and lay off thousands of workers.
White Castle Vice President Jamie Richardson says if the minimum wage was raised to $15 per hour, this would result in closing more than 200 of the existing 406 restaurants.
A mysterious diner (or diners) has been leaving giant tips at various restaurants across the U.S., garnering attention across social media platforms.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite." That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
David Meinert, Lost Lake Cafe owner, discusses kicking a patron out of his cafe for wearing Google Glass and the privacy issues it carries.
Steve Case, Revolution Growth Fund Chairman & CEO, discusses his $22 million investment in organic salad chain Sweetgreen. Case says big fast food chains, like McDonald's, need to make adjustments.
KFC China's ads remind diners about the food safety scare at the fried chicken chain, and could undermine its mission to revise sale.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite". That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
NEW YORK-- Shares of Yum Brands Inc. declined before the market open on Tuesday as the restaurant operator reported mixed November sales results for China. On Monday the company said that its China division recorded a 1 percent sales gain at restaurants open at least one year, including a rise of 7 percent at Pizza Hut.
Dec 2- Yum Brands Inc said November sales at established KFC restaurants in China, its top market, failed to grow despite a successful half-priced chicken promotion, and it forecast a return to earnings per share growth in 2014.. Yum is the biggest Western restaurant operator in China and had almost 4,500 KFC outlets there at the end of its third quarter.
As restaurants battle to lure diners, Olive Garden on Monday introduced its version of an American classic: the Italiano Burger.
As many restaurants decide open on Thanksgiving to try to boost sales, one Pizza Hut manager decided he'd had enough.
As retailers experiment with earlier Black Friday promotions, restaurants are extending their hours too, in hopes of squeezing out additional sales.
Nov 22- The parent company of TGI Fridays Restaurants said on Friday it is considering a potential sale of the casual bar-dining chain as part of a review of strategic alternatives. The board of Carlson, a privately held U.S.-based hospitality and travel company, selected Piper Jaffray to serve as its financial adviser, the company said in a statement.
Carlson has hired an investment bank to consider strategic alternatives for TGI Fridays, a long-term unit of the company, a Carlson spokesperson said.
McDonald’s is getting grilled over its employee advice, after suggesting returning purchases and bringing a sack lunch.
The fast-food giant is not offering the cult favorite nationally but instead will let franchisees choose whether or not to put it on their menu.
Nov 21- Activist investor group Barington Capital Group stepped up its push for change at restaurant chain and Olive Garden parent Darden Restaurants Inc on Thursday.