Top 4 Value Meals of 2024
Fast food used to be enticing because it offered comfort food at cheap prices. Today, that’s not necessarily the case. Inflation has hit every industry – with restaurant chains being no exception. As a result, …
Tag: Taco Bell
Taco the Town: Del Taco Tops Consumers’ Best Fast-Food List
Del Taco, a restaurant chain nearing its 60th anniversary, has never been hotter, winning top marks in a recent best fast-food list.
CEO of Chipotle Departs to Assume Leadership of Starbucks
Tuesday brought big business news, as Chipotle announced that its chairman and CEO, Brian Niccol, had accepted a similar post at Starbucks.
FI News Review (August 2, 2024) – The Ins and Outs of AI Drive Thru Chatbots
Chilling Out: Hot Sales for Cold Drinks
With summer solidly here, a recent trend in coffee may leave many caffeine junkies wondering what happened to a classic cup of joe.
Co-Branding a Powerful Tool to Pique Consumer Interest
Co-Branding is a powerful tool to pique consumer interest, from Oreo and Breyers Ice Cream, to Mike’s Hot Honey and Lou Malnati’s pizza,
Fast-Flation: Fast Food Restaurant Prices Surge, Even as Inflation Wanes
Major fast-food restaurants have raised prices by 60% on average between 2014 and 2024. McDonald’s is the worst offender with average menu prices increasing more than three times the national rate of inflation over the past decade.
The Endless Promise of Pizza
Served as an LTO, in a restaurant, or at a ball game, fired in a brick oven at 800 degrees or reheated Sunday morning in a battered collegiate microwave after a late night, pizza is a tough business that can yield great rewards, revenue, and satisfaction.
Column: Loyalty Apps Becoming a Boon for Fast-Food Restaurants
One great benefit of loyalty programs is that they help businesses, like restaurant chains, build a relationship with a customer. To inspire consumers to join your program you can use price or other incentives.
California Wage Law: The Dominos Are Poised to Fall
QSR jobs will be in high demand once the law passes as workers try to reduce their dining expenses in lieu of high food costs and an inflationary environment. More importantly, however, California just bolstered the prospects of hundreds of thousands of current and (more importantly) future fast-food workers.
Rock the Block(chain): NFTs in Food and Beverage
The heck is an NFT? Their precursors in the ‘90s were called pogs – often cheap and of limited variety for the average consumer, easily tradable and without much long-term staying power. Non-fungible tokens (NFTs) …
What Will 100% Digital Sales at Fast-Food Chains Look Like?
On a recent earnings call, Yum Brands announced its goal to make 100% of its global system sales digital transactions.
Fast Food Tech Evolves
The biggest names in global fast food are adjusting to the new market realities by innovating with cutting-edge technology.
Survey Reveals Four Ways Americans are Cutting Food Costs
Inflation is hitting Americans hard and is causing most to cut back everyday items. A recent survey from Attest proves that food and beverages are not immune to necessary cutbacks. Dr. Lin Carson, CEO of …
Plant-Based QSRs Boosting Consumer Trial
A growing number of plant-based burger chains are cropping up across the country as more younger consumers flock to quick service restaurants
Middle-Tier Restaurants Threatened as Industry Bifurcates
Middle-tier restaurants would be wise to alter their business models amid raging inflation and predictions of a recession later this year.
Menu Innovation Spurring Breakfast’s Revival at Restaurants
As professionals return to offices and on-site work post-pandemic-peak, restaurants are revitalizing breakfast service in a trend back toward innovative items with international influences. Chains are driving morning traffic back with discounts and deals, TODAY …
Drive-Thru or Dining Rooms? QSRs, Casual Dining Going Different Routes
Hot dog stands and early hamburger joints had one thing in common besides the fries and colas: They were walk up counters where customers would place their orders and stroll off with food to be …
How Restaurants Can Retain Price-Conscious Consumers
A recent survey of middle-income households shows 57% anticipate buying fewer takeout and dine-in meals, reported Restaurant Business (April 20). At the same time, restaurants are struggling to keep prices in check. With these factors in …
What is the Net Value of Restaurant Subscription Services?
More quick service restaurants (QSRs) are rolling out subscription services in the new year to leverage the pandemic pivot towards mobile ordering and remain top of mind with consumers. Throughout the month of January, Sweetgreen …
Latest Salvo in Chicken Wars Includes Taco Bell Hybrid Item
Taco bell is no stranger to unusual combinations (think Naked Chicken Chalupa, Doritos Locos Tacos), but its latest might take the cake. The chain is launching a Crispy Chicken Sandwich Taco on September 2. The …
CASE STUDY: Celebrity-Backed Limited Time Offerings Boost McDonald’s Revenue
One of the most successful limited time offerings (LTOs) over the past year has been McDonald’s “Famous Orders” celebrity collaborations. McDonald’s has been utilizing LTOs to attract consumers for years with items such as the …
UPDATE: Major Ingredient Shortage Impacting Multiple QSRs
Taco Bell is the latest restaurant chain to be hit by significant ingredient shortages. “Sorry if we can’t feed your current crave,” reads an orange banner atop the fast-food chain’s website. “Due to national ingredient …
Chipotle Leading Sustainable Packaging Trend
Chipotle’s half-decade commitment to sustainability largely serves as a blueprint for the foodservice segment. In 2018, Chipotle announced that, by the year 2020, the fast-casual chain aimed to divert half of all of its restaurant …
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Millennial Brand Favorites Revealed in New Survey
Millennials’ favorite food and beverage brands in 2021 highlight a taste for convenience, comfort, and quality with a focus on affordability. The popularity of private labels and non-traditional retailer formats are also on the rise. …
UPDATE: Restaurants Forced to Get Creative to Lure New Hires
Restaurants are struggling to win back employees so far in 2021. The Food Institute reported on this issue back in early April when QSRs were finding hiring new workers particularly challenging, and the issue has …
Food Brands Celebrate Earth Day with Focus on Sustainability
As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …
What’s In-Store for Walmart? New QSR Partners
Breaking up is hard to do, but Walmart and McDonald’s seem to have made the split on decent terms. McDonald’s recently announced plans to shutter hundreds of its locations positioned within Walmart stores. After the …
Restaurants’ Labor Shortage Causing Major Concerns for Operators
The push for the Raise the Wage Act, which would increase the minimum wage to $15, is pressuring U.S. businesses like restaurants that depend on keeping labor costs in check to survive. QSRs are finding …
Quesadilla Wars Ramping Up Among Taco Bell, Chipotle
While the fast-food “chicken wars” have been going on for some time, Taco Bell and Chipotle are now headed for battle on another front. The two largest Mexican-food chains are testing new items and jockeying …
Restaurant Recovery: How Chains are Growing Amid the Pandemic
During the pandemic, restaurants have had to find new ways of winning over consumers. Those who are innovating seem to be recovering well from pandemic-related losses. “300 million people wake up hungry each day, and …
Chick-fil-A Turning to Food Trucks to Leave Pandemic Challenges in Rear-View Mirror
Fast-food restaurant chains are turning their attention to food trucks as a way to give pandemic-beleaguered franchisees an alternative channel to boost sales damaged by restrictions on the number of customers who can dine in …
Plant-Based Meat Trend Continues to Grow Among Major Industry Players
Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to …
Fast Food Chains Struggle with Breakfast
Food Institute Focus – Fast Food Chains Struggle with Breakfast