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Business Strategy and Profitability News & Media

Report reveals record wave of restaurant chain failings

October 17, 2016

An industry "over-expansion" is the culprit behind a wave of bankruptcy declarations by restaurant chains. 

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QSRs show mobile market the way to users' hearts is through their stomachs

In a mobile-driven world, brands and companies have found it vital to incorporate apps into their business strategies to reach their consumers and deliver a…

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McDonald's racks up $130M in Q3 charges

October 14, 2016

McDonald’s will incur $130 million in pretax charges — or about 12 cents per share after taxes — for restructuring and non-cash impairment charges as a result…

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Questioning why you got into this crazy business? Here's a place to find an answer

by S.A. Whitehead — Food Editor, Net World Media Group

Though the readers of this website are involved in another sector of the food service industry, many of you still attended the Fast Casual Executive Summit…

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Toast POS releases consumer report on technology, restaurant experience

October 12, 2016

A good number of consumers believe technology improves the restaurant experience, according to a study, conducted by Toast Restaurant POS, with 79 percent…

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Epson announces exclusive customer loyalty solution release

October 12, 2016

Epson America, Inc has announced the release of Spendgo's latest POS platform.

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Fast Casual Summit: Why being different is better for your brand

by S.A. Whitehead — Food Editor, Net World Media Group

A restaurant's differences are its keys to greater value and desirability, says branding guru Sally Hogshead, CEO and founder of Fascinate.

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How do millennials love thee? Let 'em count the ways

by Seshu Madabushi — Founder & CEO, mKonnekt

Millennials are a prime focal group for targeted marketing, a relatively untapped approach that marketers are slowly lining up to use for this age demographic.

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Kono going 'loco' for mall sites come Black Friday

October 7, 2016

Portable pizza and dessert QSR, Kono, plans to scoop up all kinds of fans on Black Friday with the opening of five new mall-based stores in California…

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Study: Technology as important as food for QSRs

October 7, 2016

The quick-service restaurant industry is primed to go all in for all types of technology, with particular emphasis on digital signage and front-of-house POS…

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Krystal proud to be 'square' at 84

October 6, 2016

The South's oldest quick-service chain is getting up there in years, but even as it approaches 84 years, Krystal is not slowing down. Instead, it's celebrating…

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Longtime BK franchise group moves into Raleigh

October 6, 2016

A Raleigh, North Carolina-based Burger King franchisee, Carrols Restaurant Group, has acquired the city’s three Burger King locations.

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Krispy Kreme brings its 'kleinuhringurs' to Iceland

October 6, 2016

Krispy Kreme Doughnuts Inc. is moving into the land of fairies and thermal spas under an agreement with the group Hagar verslainr ehf in Iceland, according to…

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Subway taps into seasonal favorites for fall

October 6, 2016

Turkey, cranberries and pumpkin are not only foods of the fall season, but also llimited-time specials on the Subway menu through the end of 2016. /

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Chorizo stars in Cousins LTOs

October 6, 2016

A spicy, porky chorizo is the signature item in the new Cousins Subs LTOs, which include a chorizo chicken and a chorizo ham sub, according to a news release.

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Restaurant industry contracting, says NRA

by S.A. Whitehead — Food Editor, Net World Media Group

The NRA's monthly composite index reflecting the health and outlook for the nation's restaurant industry is reflecting the overall shadow that appears to be…

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The incredible growing menu: Taking your digital system chain-wide

by S.A. Whitehead — Food Editor, Net World Media Group

As digital menus become the new standard at quick-service restaurants — both inside and at the drive-thru — it’s becoming increasingly critical to make these…

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Raining froyo: Orange Leaf makes first delivery by drone

October 5, 2016

Frozen food delivery via drone might have started with junk food — a la 7-Eleven's Slurpee delivery — but better-for-you food is jumping on the drone-wagon now…

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Reuters report says restaurants and robotics still haven't mixed

by S.A. Whitehead — Food Editor, Net World Media Group

Reuters today published a story on the use of robots in food service, which shows that most restaurateurs are staying with humans for the bulk of their needs…

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Wendy's brings back 80s favorite

October 4, 2016

Wendy’s is using Taco Day this week to announce the return of its Taco Salad — a fixture at the chain introduced in the 1980s. It features iceberg and romaine…

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