Pizza Hut’s nostalgia is fading as sales slump and Yum! Brands weighs a possible divestiture. Experts say streamlined delivery, sharper value messaging, and personalized loyalty could be critical to reclaiming ground from Domino’s and rivals.
The latest FI Fast Break industry news podcast discusses how inflation is reshaping Thanksgiving plans this year.
KFC’s U.S. sales are in free fall, even as chicken sizzles across the industry. Yum! Brands’ bold pivot to “Saucy” signals a reinvention, but is it too late for KFC’s comeback?
KFC’s Saucy spinoff flips fast food on its head, making sauce the star with various flavor combos and a vibe-forward experience. Gen Z diners, after all, are chasing chicken these days.
Despite sluggish sales and weak traffic in Q1, fast-food giants like McDonald’s and Wendy’s have seen their stocks rebound, reflecting investors’ confidence in pricing adjustments to revitalize the sector. QSRs are positioning themselves for a more efficient, profitable future.
Chicken chains are outpacing the broader dining sector, with fried chicken restaurants seeing a 4.3% increase in visits, driven by chicken’s versatility. KFC is taking advantage by launching its new “Saucy” brand.
What can seafood restaurant operators learn from the demise of Red Lobster? Andy Diamond, president of seafood franchise Angry Crab Shack, recently noted how operators can stay ahead of volatile market pricing to deliver value.
Despite major restaurant chains enjoying increased spending from consumers, a spate of closures have hit smaller restaurants.
On a recent earnings call, Yum Brands announced its goal to make 100% of its global system sales digital transactions.
The sandwich market’s potential appears to be underscored by recent quick-service restaurant acquisitions. In the span of two weeks, a pair of QSR parent companies expanded their culinary offerings via acquisitions of established brands. Restaurant …
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 …
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 …
The U.S. economy grew at a record pace in the third quarter, reported The Wall Street Journal (Oct. 29). It increased 7.4% over the prior quarter and at a 33.1% annual rate—recovering about two-thirds of …
