Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.» Read More
Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.
Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.
BRUSSELS, May 18- Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. "If the European Union was logical and properly run, people wouldn't be so anti- Europe.
Restaurant owners are worried that a tough new drunk driving law, which would make it illegal to drive with at blood-alcohol content level above 0.05, may hurt their business.
Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are upping the menu innovation to produce items that stray from the gastronomic norm.
May 16- The New York attorney general's office on Thursday said it was investigating allegations that fast-food operators in the state are underpaying workers in violation of labor laws. The announcement came on the heels of a survey of 500 New York City fast-food employees at chains such as McDonald's Corp, Burger King and Domino's Pizza.
Among the stock activity stories for Thursday, May 16, from AP Business News:. _ Shares of Jack in the Box Inc. fell after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst.
Shares of Jack in the Box Inc. fell Thursday after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst. Jack in the Box also said it expects earnings from continuing operations of $1.55 and $1.65 per share for the full year. It also franchises Qdoba Mexican Grill sites across North America.
Burger King will unveil its 2013 summer menu plans, highlighted by a new, limited-time BK Rib Sandwich, which is boneless like McDonald's McRib.
Tim Hortons Inc. said Tuesday that it will buy back up to 1.27 million of its shares as part of a private agreement with an unnamed third party. The restaurant chain, based in Canada, sells coffee, sandwiches and doughnuts at its chain of roughly 4,288 sites in North America.
McDonald's is adding three new Quarter Pounders to its menu as the fast-food chain looks to offer cheaper premium burgers while capitalizing on one of its most popular brands.
Yum Brands' Taco Bell is quietly testing a waffle taco at three Southern California locations, as it looks to expand its breakfast offerings.
May 10- KFC parent Yum Brands Inc reported on Friday an estimated 29 percent drop in April sales at established restaurants in China, where a bird flu outbreak is pummeling sales that were recovering from an earlier food safety scare.
The protests in the Motor City- which is struggling to recover from the hollowing out of its auto manufacturing sector- marked an expansion in organized actions by fast-food workers from ubiquitous chains owned by McDonald's Corp, Burger King Worldwide and KFC, Taco Bell and Pizza Hut parent Yum Brands Inc..
OpenTable CEO Matt Roberts explains how his company is building its network, and how the insights of his business provides restaurants with better customer service.
SHANGHAI, May 10- Yum Brands Inc, the largest foreign fast-food chain in China, is strengthening its media strategy in the country in a bid to win back customer loyalty after a series of food scares that decimated sales this year. An avian flu scare earlier this year and reports of false mutton being sold in China have affected both its KFC and Little Sheep chains.
McDonald's said it is phasing out its one-third pound Angus burgers from U.S. menus, amid high beef prices.
*Wendy's Q1 restaurant sales fall short, loses ground on "value". May 8- McDonald's Corp, Wendy's Co and other U.S. restaurants are battling for the attention of frugal diners with coupons, limited time offers and other promotions- a fight that could intensify if the costs of chicken and other key ingredients remain less pricey than feared.
*Wendy's Q1 restaurant sales fall short, loses ground on "value". *Taco Bell promotes $1 food deals.
McDonald's said on Wednesday that April sales at its established restaurants around the world declined 0.6 percent amid tough competition to attract frugal diners who are shopping around for the best deals.