Search results
Results from the WOW.Com Content Network
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.
The chain also reported a 1.2% rise in same-store restaurant sales, a 4.8% increase in menu prices, and a 5% drop in retail sales. Before its latest quarter, Cracker Barrel experienced declining ...
McDonald's investors will look for signs of near-term sales disruption from the recent E. coli outbreak linked to its Quarter Pounder hamburgers when it reports third-quarter results on Tuesday.
After facing lagging sales, discord with its restaurant operators, food quality complaints, and issues with its public image in recent years, Subway has been shuttering underperforming locations ...
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
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 ...
Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. ... targeting “outdated” locations with low sales far ...
Consumers spent more than $96.5 billion at restaurants last month, per the latest data from the U.S. Census Bureau. But during the week of March 13, 2023, consumers' visits were down 4.4%.