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October 24, 2011
Fast-casual growth continues to outpace QSR and full service restaurants
Fast-casual growth continues to outpace that of quick service and full service. Though it’s still a small segment—comprising 6 percent of the restaurant industry—its influence is great. With origins in once-innovative concepts such as Fuddruckers an...
October 23, 2011
McDonald's: Incremental improvements to drive growth
McDonald’s Corp. is eyeing opportunities to gain global market share by continuing to optimize its menu, updating restaurants and expanding tiered value and premium-item promotions, executives told analysts in a call following the company’s third-quart...
October 20, 2011
McDonald's commits to sourcing sustainable palm oil
McDonald’s Corporation today announced its membership in the Roundtable on Sustainable Palm Oil (RSPO). This membership represents significant progress in the company’s commitment to source palm oil only from RSPO member companies.
October 17, 2011
McTV: McDonald's to launch in-store TV channel
McDonald's customers will soon be able to have local school sports, movie previews and heartwarming human interest stories to go with their fries — McTV is here and in high definition. In one of the most unusual twists in niche programming, the global...
October 16, 2011
Idaho Potato Commission's Foodservice Ad Campaign Receives Produce Marketing Excellence Award
Project Reinvent, the Idaho Potato Commission’s (IPC) popular foodservice advertising campaign, was the recipient of Produce Business’ 23rd Annual Marketing Excellence Award. It was one of 20 campaigns recognized by the magazine. Project Reinvent was ...
September 29, 2011
Inventure Foods launches Nathan's Famous savory snack line
Leading food manufacturer, Inventure Foods (NASDAQ: SNAK), has partnered with legendary Nathan's Famous, Inc. (NASDAQ: NATH) to license the popular Nathan's restaurant brand name for a new line of snacks that will be available at grocery, vending and c... Sponsored Content
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September 29, 2011
NPD: Foodservice around the world feels pinch of sagging consumer demand (Q2 2011)
As goes consumer confidence so goes the global foodservice industry and when consumer confidence sagged in the second quarter this year so did foodservice traffic in most countries around the world, according to The NPD Group, a leading market research...
September 28, 2011
The state of the (US) restaurant industry
After several years of recession-fueled retrenchment, attendees of the Multi-Unit Foodservice Operator conference (MUFSO) were focused on the future and a return to growth as they posed questions to top chief executives in the industry Tuesday at MUFSO...
September 22, 2011
Yum Brands Sells A&W, Long John Silver’s
Yum! Brands Inc. agreed to sell its Long John Silver’s restaurants to LJS Partners LLC and the A&W All-American Food chain to A Great American Brand LLC for undisclosed prices as it focuses on expanding in China. Definitive agreements have been re...
September 20, 2011
NPD: US Restaurant Traffic Stalls in Spring After Three Quarters of Gain
Just as the U.S. economy stalled in the second quarter of the year, so did restaurant industry traffic, according to The NPD Group, a leading market research company. NPD's foodservice market research shows that visits to U.S. restaurants slipped by 0....
September 15, 2011
McDonald's has started the roll out of its healthier Happy Meals
McDonald's has started rolling out its new, healthier Happy Meals in some markets. By the end of this week, the offering will be on the menus of McDonald's restaurants in the New York Tri-State and a number of markets in California.
September 14, 2011
The NRA is looking for cutting edge kitchen equipment for the 2012 Kitchen Innovations Awards
The National Restaurant Association is calling on foodservice equipment manufacturers to apply for its 2012 Kitchen Innovations Awards. Selected by an independent panel of experts, the award recipients represent the most groundbreaking equipment on the...
September 09, 2011
McDonald's global comparable sales up 3.5% in August 2011
McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 3.5% in August. Performance by segment was as follows: U.S. up 3.9% Europe up 2.7% Asia/Pacific, Middle East and Africa down 0.3% "August marks our 100th cons...
September 06, 2011
Zagat: Best French Fries at McDonald's
Zagat released results of its 2011 Fast Food survey based on responses from 6,064 Zagat.com diners who ate at chain outlets at least once a month. The survey covered 103 major fast-food chains, and survey respondents weighed in on everything from break...
September 01, 2011
Wendy's appoints Emil Brolick as President and CEO
The Wendy’s Company (NYSE:WEN) announced today that Emil J. Brolick will join Wendy’s as President and Chief Executive Officer, effective September 12, 2011. Brolick, who will relocate to the Dublin area, will also join the Company’s Board of Directo...
August 31, 2011
Technomic: Restaurant menus rely on salt more than ever
Efforts to reduce the daily sodium intake of U.S. consumers have been underway for decades with little progress, in part because salt has many desirable properties and serves as an inexpensive way to enhance the flavor of food, making good food taste e...
August 28, 2011
McDonald's is doing better than ever, thanks to Jim Skinner's no-nonsense leadership
Jim Skinner, CEO of McDonald's, is inspecting the kitchen of one of his restaurants in Oak Brook, Ill., with the rigor many of his peers might reserve for financial reports. He examines the food-preparation area as he explains, in great detail, the &q...
August 22, 2011
McDonald's names Doug Goare President of McDonald's Europe
McDonald’s Corporation Chief Executive Officer Jim Skinner today announced that Steve Easterbrook will resign as President of McDonald’s Europe effective September 30, 2011. Easterbrook, 44, is joining the privately owned Gondola Group and will assume ...