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Chain restaurants used to be pretty stable businesses, so private equity owners had a good idea of what costs and sales would be, she says, but the pandemic made the business much more volatile.
Fast food restaurants often aim some of their advertising directly at the youth population. [4] Around $1 billion is annually spent on advertising targeted at youth-oriented media, primarily television, in the United States. Some estimates indicate that for every $1 the WHO dedicates to promoting healthy nutrition, the food industry spends $500 ...
In the second quarter, McDonald's US same-store sales decreased 0.7%, driven by a drop in foot traffic. It's the first decline in US same-store sales in 16 quarters. It's the first decline in US ...
Prominent signage for McDonald's near a branch of Burger King in Munich. The two chains are widely considered to be the main competitors of the Burger Wars. The Burger wars are a series of off-and-on comparative advertising campaigns consisting of mutually-targeted advertisements that highlight the intense competition between hamburger fast food chains McDonald's, Wendy's, Burger King and ...
Restaurant media is an emerging form of retail media advertising used in cafeterias, fast food and family restaurants and diners and that reaches consumers while they dine. For decades most fast food restaurant chains employed various in-store advertising media such as billboards, posters and paper tray covers and these media are rapidly being ...
"Being an industry leader with 1,500 restaurants, we regularly review the performance of our restaurants. At times, like all leading national restaurant chains, we make a tough decision to close one.
Denny’s expects to close about 150 restaurants over the next year in an effort to rejuvenate the company’s bottom line. The 71-year-old restaurant chain plans for about 50% of those closures ...
Several restaurants struggled to keep up with customers trading in their promotion cards for Big Macs, as the American Olympic Team raked in gold medals. The McDonald's 1984 Olympics promotion was a food giveaway blunder that ended up costing the fast-food restaurant chain much more than expected, when the Soviet Union and their Eastern Bloc ...