Growth
Sonic chairman and CEO Clifford Hudson knows the numbers, and although he may cringe, he certainly does not cower from the realities or the challenge. After 22 consecutive years of same-store sales growth, Sonic’s systemwide sales numbers declined in both fiscal years 2009 and 2010. The falling...
Starbucks is one brand that has grown in other nations, like China.
Web Exclusive
Over the last decade, American quick-service behemoths such as McDonald’s, Starbucks, and Pizza Hut have surged into international markets and captured diners’ interests with American dishes. But new data shows the whole industry might pay a price for that global growth. The growing appeal of U.S....
Industry News
The new advertising campaign for Colorado-based burger joint Good Times is using some traditional media platforms—as well as a good dose of humor—to support the chain’s popular custard and shake products this summer. The Rich & Cold campaign centers on the products’ flavorful, heat-busting...
Industry News
The Krystal Company today announced that it is exploring a possible sale of the company. It operates 364 company-owned and franchised restaurants in 11 states across the Southeast. Piper Jaffray Companies, a middle-market investment bank, has been engaged to assist in the process. “Having seen the...
Industry News
Cheeseboy: Grilled Cheese to Go, an upstart, Boston-based grilled-cheese concept, donated 100 percent of a recent day’s sales at its newest location to a family of camps for children with serious medical conditions. Thursday’s sales at the new unit, which opened recently at Boston’s Prudential...
These 15 brands are vying to make the QSR 50 in the near future.
Story
*/ 51/Auntie Anne’s Pretzels Auntie Anne’s hasn’t been shy about venturing abroad over the past year, breaking into new markets like Japan and Poland, where first-day sales exceeded expectations by 80 percent. Joining the ranks of Focus Brands late last year—alongside sister brands Cinnabon,...
Sides and snacks like potato chips give restaurant menus room for growth.
Marc Halperin: Resident F&B Expert
Give away the razor, make back your money on the blades. Sell the hardware cheap; make your bones back on the software or subscription plan. Give away the online service; make your money on click-through or display advertising. A variation on these ingenious loss-leader-like marketing strategies...
Joe Luongo is CEO of Peter Piper Pizza, based in Phoenix.
Executive Insights
Headlines touting a power struggle between the CEO and board of directors of a company usually garner more attention than those championing the successes of such relationships. But the partnership between a CEO and his company’s board of directors is crucial to the success of many companies. For...
Quick service operators develop innovative potato dishes as menu options.
Consider the spud. Sure, it’s often thought of as a simple, standard restaurant staple—and in the quick-service field often relegated to the side of the plate or presented in fried format—but it also can be the subject of inspiration and kitchen creativity.
QSR operators move operations systems to cloud based technology.
You would be hard pressed to find a quick-service operator who, when asked why they started their own business, answered by saying it was to become the CIO of the company.
Fast food restaurant brands trace food source to protect quality and safety.
Technological advances have influenced the restaurant industry in obvious ways, including through virtual reservations, online reviews, and increased customer interaction through social media.
QSR brands must adapt new technology tools to improve business potential.
Every day, entrepreneurs dream up new ways to “disrupt” so-called “legacy” businesses like quick-service restaurants.
Fast casual healthy eating brand grows with fresh and nutritious food.
Eleven years ago, Matthew Corrin could be found ducking into GNC stores to order smoothies on a regular basis.
QSR brands partner with equity firms to finance restaurant unit growth.
Equity relationships are intended to be mutually beneficial, with the brands and their private equity (PE) partners both contributing—and both reaping the rewards. But brands may not know what to expect from the partnership as it matures.