Quick_Service

Technology

Pizza Hut is working with FedEx on a delivery bot

The companies are planning to test the FedEx SameDay Bot this summer.

Financing

Burger King franchisee Carrols sees an easing discount environment

But the operator's margins took a hit last quarter due to intense promotions.

The burger chain has joined a group led by McDonald’s and Starbucks that wants to make more sustainable packages.

The chain closed 104 domestic locations in 2018 after same-store sales fell amid the dispute with John Schnatter.

Same-store sales plunged last year, so the chain is refranchising and improving its speed.

Quick-service giants McDonald’s and Burger King lost out to chains such as Taco Bell and Chick-fil-A last year, says RB’s The Bottom Line.

The company said its sales improved last quarter after it shifted to more price promotions.

But the company opened its most stores in 20 years last year as operators shift to unit growth.

The company’s strategies will include scanners to improve its speed of service.

A hedge fund owned by the CEO of Biglari Holdings made a $20 million loan to the operator of Fatburger, says RB’s The Bottom Line.

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