Carl’s Jr. and Hardee’s introduced new Made from Scratch Cinnamon Pull-Aparts, coming to restaurants June 23. The cinnamon-sugar breakfast treat features the chains’ award-winning Made from Scratch Biscuit dough, shaped into eight bite-sized pieces, rolled in cinnamon-sugar, baked together and finished with a drizzle of icing.
Q: We're committed to offering a streamlined menu, so we don't want to introduce a bunch of new products. What other options do we have for creating news to promote our business?
A: Great question, especially in light of recent reports that suggest the quick-serve category has become so saturated with new products that brands are reaching the point of diminishing returns.
Carl’s Jr. announced Bacon Ranch Fries, made with skin-on french fries and topped with buttermilk ranch dressing and bacon crumbles, served with a fork.
The new Bacon Ranch Fries are available for $2.49 and may also be ordered as an upgraded side item to any combo meal.
CKE Restaurants Holdings Inc., parent company to Carl’s Jr. and Hardee’s restaurant chains, kicked off its fourth annual Stars for Heroes fundraising campaign at participating restaurant locations. The program, which has raised more than $2.5 million since its inception, harnesses the compassion and generosity of its customers, franchisees, and employees to rally behind the nation’s military veterans and families. Funds raised during this year’s campaign will support national charity partners, Dream Foundation and USA Cares, as well as regional charities in Carl’s Jr.
The boardroom at Roark Capital Group’s offices in an Atlanta skyscraper has all the accoutrements of a nicely appointed meeting area, including a large conference table surrounded by comfortable chairs and a wide view of the city below.
There’s just one distinction: Two dozen black-framed notices of the private equity firm’s acquisitions dot the walls along the narrow sides of the room. Lying on the carpet are two more frames, holding announcements for the latest purchases, Carl’s Jr. and Hardee’s, made last December in a deal valued at about $1.7 billion.
Carl’s Jr. introduced a sweet-and-salty spin on its Hand-Scooped Ice Cream Shakes and Malts lineup with the arrival of its new Sea Salt & Caramel Shake. Featuring hand-scooped vanilla ice cream blended with caramel syrup and topped with sea salt toffee crumbles and whipped cream, the new Sea Salt & Caramel Shake is available at all participating Carl’s Jr. locations.
CKE Inc., parent company of Carl’s Jr. and Hardee’s, announced that an affiliate of Roark Capital Group entered into a definitive agreement to acquire a majority stake in the company with senior management retaining a minority stake. CKE is currently majority-owned and controlled by investment funds affiliated with Apollo Global Management, LLC. Terms of the transaction were not disclosed. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory approvals and other customary closing conditions.
The best drive thrus run like machines. Simple goals are met over and over: Orders go out quickly, the food is delivered fresh, and the right orders get to the right cars. But in the drive thru, pressure can run high and the smallest mistakes can prove catastrophic, backing up lines and spelling disaster for both customers and the restaurant’s bottom line.
Quick-service operators are launching seasonal menu items earlier this fall in an effort to beat their competition to the punch. From pumpkin doughnuts to caramel apple frozen yogurt, fall-flavored menu items are popping up across the industry even before the season has officially begun.
“We usually launch [fall products] in October. But this year, for the first time, we are bringing them out in September,” says Lafeea Watson, spokeswoman for Krispy Kreme. “That’s what the industry seems to be doing.”
The history books detailing the recent Great Recession will include plenty of obvious chapters: the subprime mortgage crisis, Wall Street bailouts, housing bubbles, and skyrocketing unemployment. But those volumes might miss a less visible element of the economic collapse: the crippling credit market that wreaked havoc by bringing business growth to a near standstill.