Burger King employee Kevin Ford never missed a day’s work in the 27 years he spent as a cook at the Las Vegas McCarren airport location of the chain restaurant. So when he arrived at work on the 27th anniversary of his employment and joked around about the time spent working at the company, management scrambled to find a present to thank him for his hard work. The present: a string backpack, a movie ticket, a lanyard, a coffee cup, and some candy. Ford posted a video of him opening the… Source link
Read More »Here’s how Burger King will be saved in America
There is more meat to the plans to revive Burger King in America than simply reclaiming the flame of the iconic Whopper sandwich. At least that’s the read for the restaurant analyst team at Evercore ISI, which just spent a half day with the management team at Burger King parent company Restaurant Brands. “Aspects of the Burger King U.S. turnaround plan includes menu simplification to improve order accuracy and speed of service, a more balanced value offering (e.g., new $5 meal launched in… Source link
Read More »The burger wars that 59% of you know nothing about
An Original Impossible Burger, left, and a Cali Burger, from Umami Burger, are shown in this photo in New York, Friday, May 3, 2019. (AP Photo/Richard Drew) For people of a certain age, (as in this writer), the phrase “burger wars” means McDonalds (MCD) versus Burger King (QSR). Over the years, that rivalry was diffused with the addition of Wendy’s (WEN), Jack in the Box, Sonic, Carl’s Jr., etc. and then updated and upgraded more recently with Shake Shack (SHAK) versus In-N-Out Burger,… Source link
Read More »The McPlant tastes just like any McDonald’s burger
McDonald’s first plant-based burger (ignoring the veggie “burgers” that have come before it) finally goes on limited sale in the US later this week. Following a brief trial in Canada in 2019, the McPlant has been on a wider tour of McDonald’s franchises in Europe. Ahead of its debut next week, I decided to try out the McPlant here in the UK, where it’s been available in selected restaurants for over a month. The TLDR review is that it tastes like… a McDonald’s burger. I’ve had… Source link
Read More »Hoping to lure back retail investors, Robinhood is handing out dogecoin in Burger King sweepstakes
Last week, Robinhood’s third-quarter earnings fell well below Wall Street estimates, causing the company’s share price (HOOD) to sink more than 10%. With crypto trading down 78% from the prior three-month period, the company needs to lure more investors to use their platform, especially for trading cryptocurrency. Now it’s offering free dogecoin (DOGE-USD) along with BTC and ETH through a sweepstakes in partnership with fast-food giant Burger King, which is owned by Restaurant Brands… Source link
Read More »Burger King expands perks program as restaurants bank on digital in COVID-19 era
Burger King (QSR) is rolling out its app-based loyalty program nationwide, expanding its digital presence as the industry leans in on COVID-19 dining trends that have successfully lured in customers. On Thursday, the fast food giant announced that its “Royal Perks” will launch in two-thirds of restaurants by September. Initially, Burger King tested the program in a 3 market pilot in Los Angeles, Miami and the New York Metro area that began in February. In a function of how digital is playing a… Source link
Read More »here’s when this burger giant sees an end to the labor shortage
Red Robin CEO Paul Murphy is banking on the labor shortage plaguing his chain — along with most in the fast food industry — ending well before year end. “We see it [labor shortage] being under control and stabilized by early summer,” Murphy said on Yahoo Finance Live. Red Robin Gourmet Burgers (RRGB) has had to reduce hours at some locations because of the inability to find new workers in an economy roaring back from the COVID-19 pandemic. In turn, that has weighed on sales for Red… Source link
Read More »Beyond Meat just revealed its juiciest burger ever — here’s how they made the magic happen
Bloomberg Bond Investors Take Ever-Riskier Bets in Hunt for Returns (Bloomberg) — Bond investors, emboldened by a recovering economy and a global vaccine rollout, are taking on more risk, sometimes a lot more risk.Insurers, pension systems and high-grade credit managers in the U.S. and Europe are buying bigger amounts of junk-rated debt to offset shrinking yields, forcing high-yield investors to jostle for allocations of BB rated bonds — the safest and largest part of their class with 60% of… Source link
Read More »Burger King, Wendys ramp up the competition in the chicken sandwich wars
Burger King (QSR) on Wednesday jumped into the widening chicken wars with a new hand-breaded sandwich — just as McDonald’s is expected to debut its own version, and on the same day Wendy’s rolled out an update to its menu item. The battlefield for the hearts and stomachs of consumers is growing more fierce, with a clutch of fast food giants unveiling competitors for Popeye’s wildly popular sandwich. As a result, Burger King is planning to release the item nationwide later this year, after a… Source link
Read More »Foot traffic at Domino’s, Burger King, Pizza Hut tumble by more than half during COVID-19
The fast food industry’s pivot to digital and take-out has come with material benefits — but it’s come at a cost to foot traffic, according to recent data. In-person visits at fast food chains nationwide are still dramatically lower than before the onset of COVID-19, according to Gravy Analytics, a location intelligence platform. Those findings dovetail with similar data showing the pandemic — which sparked widespread lockdowns that forced many food and beverage establishments to… Source link
Read More »