Tag #Fast Food

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theguardian.com

🌐 75% Global Worthiness

Jan 22, 16:07

California's $20 Minimum Wage: Mixed Results for Fast Food

California's landmark $20 minimum wage for fast-food workers, implemented in April 2023, has yielded mixed results, with employees reporting significant financial improvements while some large chains claim negative impacts on profits and employment.

California's $20 Minimum Wage: Mixed Results for Fast Food

California's landmark $20 minimum wage for fast-food workers, implemented in April 2023, has yielded mixed results, with employees reporting significant financial improvements while some large chains claim negative impacts on profits and employment.

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What are the immediate effects of California's $20 minimum wage for fast-food workers on both employees and businesses?

In April 2023, California implemented a $20 hourly minimum wage for fast-food workers in chains with over 60 restaurants nationwide, impacting an estimated 500,000 employees. While some large chains claimed this caused price increases and job losses, many workers reported improved financial situations and positive impacts on their lives.

forbes.com

🌐 75% Global Worthiness

Dec 30, 07:08

US QSR and C-Store CRE Investment: A Limited Window of Opportunity

Oxford Economics suggests a limited window of opportunity for CRE investment, particularly favoring US quick-serve restaurants and convenience stores due to low vacancy rates (below 2%), industry fragmentation, and chain expansion, despite potential future risks from rising interest rates.

US QSR and C-Store CRE Investment: A Limited Window of Opportunity

Oxford Economics suggests a limited window of opportunity for CRE investment, particularly favoring US quick-serve restaurants and convenience stores due to low vacancy rates (below 2%), industry fragmentation, and chain expansion, despite potential future risks from rising interest rates.

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How does the fragmented nature of the US fast food and convenience store industries influence investment opportunities within these segments?

The success of QSR and C-stores stems from adapting to consumer demand and transforming into destination locations. This, combined with a fragmented market offering less chain control and leverage in negotiations, creates a favorable investment climate.

dailymail.co.uk

🌐 75% Global Worthiness

Dec 3, 22:11

Subway's Failing Deal Exposes Franchisee Revolt, Raising Risk of Jersey Mike's Takeover

Subway's recently scrapped $6.99 meal deal, driven by declining sales and franchisee dissatisfaction, highlights a larger conflict between corporate leadership and franchise owners, potentially leading to a market takeover by competitor Jersey Mike's.

Subway's Failing Deal Exposes Franchisee Revolt, Raising Risk of Jersey Mike's Takeover

Subway's recently scrapped $6.99 meal deal, driven by declining sales and franchisee dissatisfaction, highlights a larger conflict between corporate leadership and franchise owners, potentially leading to a market takeover by competitor Jersey Mike's.

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How is Subway's recent $6.99 meal deal failure impacting its competitiveness and franchisee relations?

Subway, facing franchisee revolt and declining sales, recently scrapped a $6.99 meal deal that was projected to be unprofitable for franchise owners. This follows other controversial decisions by Subway CEO John Chidsey, who is stepping down at year's end, including increased royalty fees and mandatory remodeling. The situation has led to concerns about Subway's future competitiveness.

cnbc.com

🌐 65% Global Worthiness

Nov 19, 19:47

Blackstone to Acquire Jersey Mike's Subs

Blackstone acquires Jersey Mike's Subs for approximately $8 billion, highlighting the increasing interest of private equity firms in franchise operators.

Blackstone to Acquire Jersey Mike's Subs

Blackstone acquires Jersey Mike's Subs for approximately $8 billion, highlighting the increasing interest of private equity firms in franchise operators.

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What is the value of the deal between Blackstone and Jersey Mike's Subs?

Blackstone, a private equity firm, has agreed to acquire Jersey Mike's Subs for approximately $8 billion, a deal expected to close in early 2025.

theglobeandmail.com

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Nov 9, 13:07

Subway Faces Class-Action Lawsuit Over Meat Content

A class-action lawsuit claims Subway sandwiches contain less meat than advertised, sparking a discussion about marketing practices and consumer rights.

Subway Faces Class-Action Lawsuit Over Meat Content

A class-action lawsuit claims Subway sandwiches contain less meat than advertised, sparking a discussion about marketing practices and consumer rights.

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What past controversies has Subway faced regarding its products?

This isn't Subway's first controversy; previous issues include claims about its chicken DNA, bread's sugar content, tuna salad ingredients, and sandwich lengths.

welt.de

🌐 65% Global Worthiness

Jan 2, 10:09

German Restaurant Chains Face Legal Action for Reusable Packaging Violations

The German Environmental Aid (DUH) initiated legal action against three major restaurant chains—Burger King, Nordsee, and Kentucky Fried Chicken—for violating Germany's reusable packaging mandate, which was implemented on January 1, 2023. Following November test visits to various locations, the DUH ...

German Restaurant Chains Face Legal Action for Reusable Packaging Violations

The German Environmental Aid (DUH) initiated legal action against three major restaurant chains—Burger King, Nordsee, and Kentucky Fried Chicken—for violating Germany's reusable packaging mandate, which was implemented on January 1, 2023. Following November test visits to various locations, the DUH ...

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What are the underlying causes contributing to the inconsistent availability of reusable packaging options in participating restaurants?

The DUH's findings reveal insufficient compliance with Germany's reusable packaging law among major restaurant chains. While chains advertised reusable options, testers frequently couldn't obtain them for all items, highlighting a gap between policy and practice. Kentucky Fried Chicken reportedly failed to offer reusable packaging in any tested location.

cnbc.com

🌐 75% Global Worthiness

Dec 17, 04:10

82-Year-Old Billionaire's Teamwork Approach Creates 150,000 Jobs

Jack Cowin, an 82-year-old Australian billionaire, built a \$3 billion fast-food empire through Hungry Jack's (Burger King), Domino's Pizza Australia, and other ventures, emphasizing teamwork and continuous engagement, creating approximately 150,000 jobs globally.

82-Year-Old Billionaire's Teamwork Approach Creates 150,000 Jobs

Jack Cowin, an 82-year-old Australian billionaire, built a \$3 billion fast-food empire through Hungry Jack's (Burger King), Domino's Pizza Australia, and other ventures, emphasizing teamwork and continuous engagement, creating approximately 150,000 jobs globally.

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What are the potential long-term implications of Cowin's entrepreneurial longevity and emphasis on teamwork for the future of business leadership and organizational structures?

Cowin's continued engagement at 82 suggests a future trend of prolonged entrepreneurial activity, defying conventional retirement norms. His emphasis on continuous learning and adaptation points toward a need for businesses to foster agile cultures that adapt to evolving markets. His success story can inspire future entrepreneurs to pursue diverse opportunities and embrace collaboration.

cnn.com

🌐 35% Global Worthiness

Nov 23, 22:55

McRib's Return: A Marketing Masterclass

The McRib's return to McDonald's menus is analyzed as a strategic marketing move that leverages scarcity and nostalgia to boost profits and brand image.

McRib's Return: A Marketing Masterclass

The McRib's return to McDonald's menus is analyzed as a strategic marketing move that leverages scarcity and nostalgia to boost profits and brand image.

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How does the scarcity of the McRib contribute to its popularity and demand?

Experts suggest that the scarcity of the McRib increases its desirability and creates a sense of urgency among consumers, driving demand.

cnn.com

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Nov 11, 13:03

Vacant Restaurants: Prime Real Estate for Fast Food

Bankrupt restaurant chains are creating opportunities for fast-food companies who are expanding into these spaces, adding drive-thru lanes.

Vacant Restaurants: Prime Real Estate for Fast Food

Bankrupt restaurant chains are creating opportunities for fast-food companies who are expanding into these spaces, adding drive-thru lanes.

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Why are so many restaurants closing?

Several restaurant chains, including Red Lobster and TGI Fridays, have filed for bankruptcy, leading to a wave of closures. This has created an opportunity for other businesses, particularly fast-food chains, to acquire these prime real estate locations.

Showing 25 to 33 of 33 results