Top QSR chains finance global growth through new business funding.
Finance
When it launched its first restaurant in Mexico, BurgerFi learned the real-world costs behind international expansion. Expenses for site visits and long-distance communications were part of the package, but Corey Winograd, CEO of the North Palm Beach, Florida–based brand, says the costs were about...
Industry News
McDonald’s is betting on a continued winning streak with the return of Cutie brand clementines to both its Happy Meals and a la carte menu. Last week the fast-food leader brought back the seasonal fruit, which will be available nationwide through early May. This reintroduction comes just a few...
Industry News
While Chipotle remains embroiled in a public relations crisis, the long-lauded fast casual still cannot pinpoint the source of its E. coli and salmonella troubles. This information gap raises an unsettling question for all operators: How much supply chain transparency is truly available in the...
Industry News
When it comes to building up a restaurant chain, companies generally fall into one of two camps: growth by franchising or growth through corporate stores. Like political parties, these affiliations are chosen based on core values and more often than not, they are mutually exclusive. That’s not the...
Top California chef Roy Choi opens healthy fast food chain for low income neighborhood.
Web Exclusive
Roy Choi isn’t just trying to turn fast food on its head. Before he’s all done, he aims to turn the entire restaurant industry—if not the entire domestic food industry—upside down and inside out. Some words of advice to restaurant industry executives who might snicker at his lofty goals: Ignore him...
Top QSR chains look to international countries for new business growth.
Growth
The world market is hungry for American brands—literally. As multiple restaurant executives will attest, iconic American fare—everything from burgers and hot dogs to pies and doughnuts—have an added allure overseas. Despite this general demand, picking specific countries and regions in which to...
Outside Insights
It took Chipotle 22 years to transform itself from a burrito stand to a $23 billion brand. The brand did it by meeting customer expectations regarding fresh, locally sourced, customizable food at a good price long before the competition even thought about the phrase, “genetically modified,” let...
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QSR chains take notes from Millennial led startup companies to innovate business.
Technology
When Manny Carral started Revolucion Coffee + Juice in San Antonio four years ago, he thought he was going into unfamiliar territory. The California transplant had no background in food or beverage service and had recently moved to Texas. And while his new career path was full of twists and turns,...
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.
Waffle menu development gives QSR operators new ingredient ideas for attracting customers.
A few years back, the Trouble Coffee and Coconut Club in San Francisco’s Outer Sunset neighborhood began selling slices of cinnamon toast for $4.
San Diego chef driven fast casual operates from touch screen tablet system.
These days, it’s not uncommon to see restaurant staff take orders on an iPad or guests swiping their credit cards on a tablet reader. Mobile technology can integrate various facets of an operation.
Canada Asian food chain Wok Box had employee lose weight on its meals.
Twenty-year-old Alec Vela and 22-year-old Emily Allworth, both employees in the foodservice industry, drastically turned their lives around. Vela and Allworth each recently lost about 50 pounds due to changes in their diet and exercise habits.
As with Chipotle, fresh does not always equate with safe in restaurants.
It’s been a busy few months for Sloan’s Ice Cream.