The brand will also scale back its company-owned development starting next year and sell off real estate to pay down debt.

The fast casual giant — a sales overperformer in 2024 — said its comparable transactions fell in what could be an early ...

The value bundles — which are priced between $5 and $9 — come as the chain battles shrinking same-store sales.

Sales at most American QSR chicken chains rose in 2024, but fell 4% at KFC, according to a Circana report on the 50 largest U ...

Morrison, former CEO of Wingstop and Salad and Go, takes over for Peter Cancro, who has led the chain for 50 years.

The program is designed to collect data from a range of sources, disseminate findings across the company and coordinate teams ...

Millennials and Gen Z consumers largely view takeout as a vital part of their lifestyles, per a National Restaurant ...

To navigate these challenges, hospitality HR teams are prioritizing competitive compensation, flexible work schedules and ...

The ailing brand, which closed 7 of its 22 stores, may lean on its fast casual spinoff to weather the rising costs and waning ...

The coffee chain’s partnership with the mega retailer will help diversify 7 Brew’s development model as it works toward ...

The Mediterranean fast casual chain is the clear segment leader, and is on course for 1,200 stores by 2033, TD Cowen ...

America’s baseline tariffs and the potential for renewed, country-specific taxes could pose significant problems for the ...