Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
Category: Fast Food Industry
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Sales at McDonald’s Rise, Driven by Value Meals and Grinch Socks
The New York Times – Business: -
People Are Ordering Smaller Pizzas and Fewer Toppings. What Does That Tell Us?
Sales are softening at big chains and independent shops aren’t selling as many extras. Competition, diet trends and consumer anxiety may all be playing a part.
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Get Ready, America: Here Come China’s Food and Drink Chains
China’s fast-food and beverage chains have an opportunity to expand in the United States and escape cutthroat competition at home.
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Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
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Pizza Hut’s Parent Yum! Brands Says Struggling Chain May Need New Owner
Yum! Brands, which also owns Taco Bell and KFC, said it would explore “strategic options” for the pizza chain.
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The Penny’s Demise Is Leaving Some Businesses Shortchanged
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.
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The Starbucks C.E.O. Trying Hard to Deliver Your Drink Right, and Fast
Improved service, better seating and heartfelt messages are at the heart of Brian Niccol’s turnaround plan, but baristas say they’re under pressure.
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Krispy Kreme Bets on Big-Box Stores to Stay Fresh
Executives are racing to boost revenues at the struggling doughnut maker as sales slump and shares tumble.
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James Leprino, ‘Willy Wonka of Cheese’ Who Revolutionized Pizza, Dies at 87
He turned a small family grocery store into a mozzarella empire, producing most of the cheese for American pizza chains like Domino’s, Papa Johns and Pizza Hut.
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How Chain Restaurants Like Chili’s Suddenly Became Cool Again
Many casual dining restaurants whose heydays were thought past are attracting younger customers charmed by memories of family meals and stability.
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In an Uncertain Economy, McDonald’s Sees Spending Decline
The burger giant, a much-watch barometer for consumer sentiment, reported lower revenue in the first quarter.