As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses.Inflation-weary consumers have pulled…
McDonald’s restaurant in San Diego, California, U.S., Oct. 31, 2025. Mike Blake | Reuters”Value” was the buzzword du jour for restaurant executives that lasted all year…
People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden Week holiday on October 5, 2024,…
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.John Keeble | Getty…
Jonathan Fitzpatrick, CEO of Subway.Courtesy: SubwaySandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company’s latest CEO, effective July 28.The announcement on…
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike BlakeMike Blake | ReutersRestaurant stocks fell in morning trading…
Walmart shares fell more than 6% Thursday, as the big-box retailer said profit growth will slow this fiscal year even as sales continue to climb.Walmart said…
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn like a lion, out like a lamb.That’s how…
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on…
A “location closed” sign hangs in the window of a closed Red Lobster restaurant in Torrance, California on May 14, 2024. Patrick T. Fallon | AFP |…