Restaurant stocks have been struggling this summer, though it’s not quite clear why. As Seeking Alpha reported Sunday (July 21), weakening consumer confidence and consumer...
As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in...
Consumers are spending less at restaurants as menu prices remain high. And as Seeking Alpha reported Saturday (June 22), it’s a situation that’s left some...
After two years of testing, McDonald’s has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to...
Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s...
Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is...
McDonald’s is reportedly set to modernize its marketing strategy by launching a digital marketing fund to be paid into by its U.S. franchisees. The move aims to...
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in...
It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean these fast-food brands have to launch greater promotions to attract cost-conscious diners, Reuters...