A California woman said she found a razor blade between the meat and cheese in her cheeseburger. Burger King said this appears to be an isolated incident.» Read More
*Sale could raise $600 mln to $700 mln, analyst says. MEXICO CITY, June 14- Wal-Mart de Mexico, Mexico's largest retailer, surprised analysts on Friday by saying it may sell its restaurant unit, including the popular Vips chain, after receiving interest from potential buyers.
WINSTON-SALEM, N.C.-- Krispy Kreme has signed a letter of intent to sell three locations in Dallas to a Sun Holdings LLC affiliate, furthering its domestic expansion efforts. The sale comes with some conditions, including an agreement that Sun Holdings further develop new Krispy Kreme stores in Dallas.
June 10- McDonald's Corp said sales at its established restaurants around the world rose 2.6 percent in May as it expanded offerings for late-night breakfasts, tweaked other menus and benefited from advertising value-priced meals. McDonald's shares rose 2 percent to $100.50 in premarket trading on Monday.
Following McDonald's decision to get rid of its Angus Third Pounders, CKE Restaurants' chief executive has taken to YouTube to invite customers to visit his restaurants instead.
Multitaskers will be sad to learn the hands-free Whopper holder is not real. Burger King says the viral video is no more than an advertising campaign.
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.
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.
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.
NEW YORK, May 13- The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3 G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software, have one common link: Kirkland& Ellis LLP.
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..
McDonald's said it is phasing out its one-third pound Angus burgers from U.S. menus, amid high beef prices.
McDonald's may look look very different in the future, with new menu items, delivery services, loyalty programs and maybe even all-day breakfast options, said the company's CEO.
WASHINGTON, April 23- Hackers took control of the Associated Press Twitter account on Tuesday and sent a false tweet of two explosions in the White House that briefly shook U.S. financial markets.
April 19- McDonald's Corp on Friday threw cold water on hopes that its restaurant sales would accelerate, warning that global sales at established restaurants would be slightly lower in April.
April 19- McDonald's Corp's on Friday reported a first-quarter profit that fell short of Wall Street's expectations, as sales at established U.S. restaurants dropped 1.2 percent in a tough environment. McDonald's said March same-store sales at established U.S. restaurants dropped 1.2 percent.
April 11- Burger King Worldwide Inc forecast a slightly higher quarterly profit on Thursday than Wall Street expected, even though spending among fast-food diners remains weak. The hamburger chain, which has a long history of ownership and management changes, also said Chief Executive Bernardo Hees will leave to take over at H.J. Heinz Co..
April 11- Burger King Worldwide Inc on Thursday said first-quarter comparable sales likely fell more than Wall Street expected, and laid out plans for a revamped leadership team as Chief Executive Bernardo Hees prepares to become the CEO of H.J. Heinz Co..
April 11- Burger King Worldwide Inc on Thursday said key sales are expected to fall in the first quarter despite a pickup in March, and laid out plans for a revamped leadership team as Chief Executive Bernardo Hees prepares to become the CEO of H.J. Heinz Co..
April 4- Hundreds of fast-food restaurant workers in New York City turned out for protests on Thursday in what organizers said would be their largest rally yet for better pay. Employees from familiar chains such as McDonald's Corp, Burger King and Yum Inc's KFC are seeking to roughly double their hourly wage to $15.