Business Strategy and Profitability News & Media

The behemoth moves: McDonald's makes major menu changes

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

McDonald's USA is changing nearly half of its menu.

Instagram: One marketer's take on why it may be a restaurant's best friend

July 29, 2016

There's a lot of buzz lately in the food service community about Instagram and its value as a visual marketing tool. That's part of the reason a Toronto-based…

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Let the spending begin: McDonald's, Papa John's declare quarterly dividends

July 29, 2016

Good news for McDonald's and Papa John's shareholders this week. The boards of both chains declared quarterly dividends for company shareholders late Thursday…

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79-year-old Krispy Kreme brand in new, private hands

July 28, 2016

The sale of the iconic Krispy Kreme Doughnuts brand to JAB Beech Inc is complete, following a special shareholder meeting and vote on the action, which was…

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Tim Hortons will deliver coffee to the Philippines

July 28, 2016

Tim Hortons is headed to the Philippine. Restaurant Brands International Inc today announced the formation of a new master franchise joint venture company that…

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Arby's Q2 same-store sales growth triple industry average

July 27, 2016

If you hear some hooping and hollering down in Georgia today, it's probably coming from Arby's headquarters, where the reinvigorated brand is celebrating its…

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Cannabis quelling 'the munchies' fast casual style

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

One of the major players in the burgeoning legal marijuana business is lighting up a new franchising concept.

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AI meets customer engagement: Creepy or necessary?

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

A new artificial intelligence platform promises to engage diners in a caring way with very little thought and effort from restaurant operators.

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All-day breakfast still giving a glow to the Golden Arches

July 27, 2016

In an earnings call this week, McDonald's Corp. reported its fourth consecutive quarter of positive comparable sales growth across all segments. Still, a…

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Managers waste food no more: HotSchedules and BiRite announce partnership

July 26, 2016

HotSchedules and BiRite Foodservice Distributors have announced a partnership intended to help restaurant and hospitality managers accurately order and monitor…

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Wendy's sells 39 company units

July 26, 2016

The Wendy's Company has completed a major sale of 39 restaurants in the Raleigh-Durham area of North Carolina to NPC International. The sale includes four…

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Foodtech key to tapping into growing Indian foodservice market

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

A new report from TechSci Research shows that over the next five years, India may be one of the most promising markets for food service investment, But you…

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The good, the bad and the ugly about those food holidays

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

Hamburgers ... Pinot noir ... peanut butter-and-chocolate: What do they all have in common? They all have specific U.S. days of celebration when the brands…

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McDonald's brings virtual reality to light

by Bradley Cooper — Editor, Connect Media

McDonald's just completed a makeover of a Singapore location and it is using virtual reality kiosks to show off all its improvements.

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Historic 1st FAA-approved food delivery? Of course, it's a Slurpee and a doughnut

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

Just how long do we have before these autonomous flying delivery trucks fill our skies like a perpetual "day of the locusts"?

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The Instagram advantage: Seven rules for putting this super-visual tool to work for you

by Seshu Madabushi — Founder & CEO, mKonnekt

Pictures and words and great hashtags — that's the world of Instagram. It's a world restaurateurs must know to engage today's customers. Here are some…

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Chick-fil-A app campaign analytics show just how big a win it was

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

You can drive consumers to your app, but you can't necessarily make them download it. This has been the perpetual problem for restaurants that want their…

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Canadian restaurant group acquires Kahala, readies for US growth spurt

July 22, 2016

Shareholders approved the merger Thursday of Kahala Brands Ltd and a wholly owned subsidiary of MTY Food group. Kahala — as the parent company of 18 brands…

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Chipotle reports dismal Q2

July 22, 2016

The second-quarter financial news is in for Chipotle Mexican Grill. and it is not good, although the chain has apparently returned to profitability.

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Domino's doles out dividend after 90 quarters of global growth

July 21, 2016

Domino's pizza today reported Q2 results, including the company's 90th consecutive quarter of sales growth globally and its 21st in the United States. Domestic…

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