Tag Archives: fastfood

So much for dining out on a dime. Menu prices are up significantly, 12.9%, at fan favorites like Wendy’s (WEN), Chick-fil-A, Taco Bell, Burger King and McDonald’s (MCD). The most expensive of the five fast food joints? Wendy’s. Over the past year the cost to dine at the Dublin, Ohio-based chain increased by 35%, making it the largest bump across the Big Five this year. That’s according to new data from Pricelisto.com, which gathered the data from in-store visits, phone interviews and uploaded… Source link

America’s fast-food giants have a lot on the line amid the escalating situation between Russia, Ukraine and the rest of the world. That’s in large part because Western fast-food players have expanded significantly into Russia with their cheap burgers and fried chicken over the past 20 years. By Yahoo Finance’s calculations, McDonald’s, Papa John’s, KFC, Pizza Hut, Burger King and Starbucks operate about 2,700 restaurants in Russia. The two largest players are McDonald’s and Yum! Brands’ KFC… Source link

Fast-food’s biggest players are letting the robots right in through the front door as they seek out ways to overcome rising wages and worker shortages.  McDonald’s CEO Chris Kempczinski disclosed at a recent Wall Street conference the company is testing automated voice ordering for its drive-thru. The tests are being conducted at about 10 locations in McDonald’s backyard of Chicago, IL. “We have over the last several years spent a lot of money that shows up in the G&A line, looking at better… Source link

TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link