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Financing

Luckin Coffee sets terms for its IPO

 By Jonathan Maze on May 06, 2019

The company hopes to raise as much as $510 million and be valued at more than $4 billion in its upcoming offering.

Marketing

Burger King introduces meal boxes for different moods

 By Jonathan Maze on May 01, 2019

To raise awareness during Mental Health Awareness Month, and perhaps take a shot at McDonald’s, the chain is offering boxes for varying emotions.

Financing

Delivery boosts both KFC and Taco Bell

By Jonathan Maze on May 01, 2019

But third-party services appear to be eating into Pizza Hut’s market.

Financing

McDonald’s reports strong sales, thanks to Donut Sticks and bacon

By Jonathan Maze on Apr. 30, 2019

The company said its U.S. same-store sales rose 4.5% in the first quarter, but traffic is still down.

Food

Will McDonald’s do a plant-based burger in the U.S.?

By Jonathan Maze on Apr. 30, 2019

The company has been adding vegan and vegetarian products in other markets and seems open to the idea of adding one domestically.

Financing

Tim Hortons’ loyalty program takes off

By Jonathan Maze on Apr. 29, 2019

One-fifth of Canadians are members of the program after just a few weeks, but the chain’s same-store sales fell in the first quarter.

Financing

McDonald’s works to make delivery profitable for franchisees

By Jonathan Maze on Apr. 26, 2019

The company is negotiating lower fees from Uber Eats and might bring in a competing provider.

Financing

Burger King dismisses its suit against a large franchisee

By Jonathan Maze on Apr. 25, 2019

The 37 locations in Southern Texas owned by Guillermo Perales will remain open.

Marketing

KFC enlists the Chippendales to sell its new Cinnabon Dessert Biscuits

By Jonathan Maze on Apr. 25, 2019

The chain introduced the “KFC Chickendales,” with personalized Mother’s Day videos featuring the dancers.

Workforce

McDonald’s vows to hire more older workers

By Jonathan Maze on Apr. 24, 2019

The company is working with AARP to target employees as it seeks to hire 250,000 for the summer.

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