Since the early 2000s, consumer spending in the quick-service restaurant sector has experienced near year-on-year growth, peaking in excess of $320 billion in 2022. This should excite the industry.
Last month saw the release of the International Franchise Association (IFA)'s annual Economic Outlook report, a study of the franchise industry's performance in the U.S. over the past year and a ...
Quick-service restaurants face the tough and important challenge of meeting the changing preferences of Gen Z consumers, who have proven to be increasingly drawn to specialty dining experiences. They ...
Although payment systems in quick service restaurants (QSRs) have never been more convenient for businesses and customers, there's growing concern over just how secure financial transactions are in ...
With employment continuing to improve and gas prices at a six-year low, many consumers are finding themselves with a little more money to spend. One way they’re choosing to spend it is on weekday ...
The quick-service restaurant sector has never been more crowded, with a wave of buzzy upstarts clashing with industry giants in a fight for customers with increasingly strained wallets. The battle for ...
ANN ARBOR, Mich.--(BUSINESS WIRE)--Amid rising food prices and shifting consumer preferences, the restaurant industry is facing a dilemma of “super size” proportions. The brands that succeed will be ...
Quick-service restaurants are getting a little a bit saucy. Dallas-based Wingstop Inc. is selling a bottle of its ranch dressing with a year’s supply of refills on eBay; and Miami-based Popeyes ...
Starbucks is sunsetting its mobile-order and pick-up-only store format as part of a strategy to elevate its café experience. China’s Luckin Coffee is the anti-Starbucks. Will it work in the U.S.?
Restaurant stocks have been on the defensive over the past 2 months, and while the erosion in the S&P 500 Restaurant Industry Index is clear, the reason why is less so. Data showing a deterioration in ...