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Fast food was created as a commercial strategy to accommodate large numbers of busy commuters, travelers and wage workers. In 2018, the fast-food industry was worth an estimated $570 billion globally. [1] The fastest form of "fast food" consists of pre-cooked meals which reduce waiting periods to mere seconds.
The fast-food industry is popular in the United States, the source of most of its innovation, and many major international chains are based there. Seen as symbols of US dominance and perceived cultural imperialism, American fast-food franchises have often been the target of Anti-globalization protests and demonstrations against the US government.
McDonaldization is the process of a society adopting the characteristics of a fast-food restaurant. The McWord concept was proposed by sociologist George Ritzer in his 1993 book The McDonaldization of Society. McDonaldization is a reconceptualization of rationalization and scientific management.
The worldwide fast food sector is thriving as the younger demographic remains its biggest customer. The market for […] You can skip our discussion on fast food industry growth and go to the 5 ...
Inflation, ongoing consumer demand and early stages of tech integration took over the fast food industry this past year. As Wall Street looks to 2023, it expects those key trends and others to ...
Wendy's appears to be in full-blown turnaround mode. This fast food chain has undertaken a refranchising strategy similar to what Burger King did back in 2012. As part of Wendy's plan to ...
Following the rise of fast food and take-out restaurants, a retronym for the older "standard" restaurant was created, sit-down restaurant. Most commonly, "sit-down restaurant" refers to a casual-dining restaurant with table service, rather than a fast food restaurant or a diner, where one orders food at a counter.
Chick-fil-A earned the No. 1 spot as America's most beloved fast-food chain in the American Customer Satisfaction Index's annual survey.