The Troubling Future for Fast Food Franchisees
Fast food is an American innovation that has been around for over 80 years. Despite its enduring durability, the unit economics of fast food brands and franchises are reaching their limits. As my team and I grew Papa John’s to more than 5,000 locations around the world, I didn’t see Papa John’s as one large […]
McDonald’s sales decline for first time in years as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. McDonald’s has struggled to attract cash-strapped customers amid rising menu prices, leading to its first sales decline in years. McDonald’s CEO Chris Kempczinski said the company’s system has “endured significant inflationary cost increases” over the […]
McDonald’s posts weak quarterly results as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]
NY mom horrified to find 4-year-old daughter’s Burger King meal splattered with blood, fast food chain ‘deeply upset and concerned’
A New York mother was horrified when she discovered blood splattered on the Burger King kid’s meal she ordered for her daughter. Tiffany Floyd took her 4-year-old child through a fast food drive-thru in Getzville, New York, on Friday around 12 p.m. and was shocked to find her food covered in red liquid. “All I […]
10 Fast Facts About Vice Presidential Candidate J.D. Vance
Estimated Reading Time: 2 minutes Senator J.D. Vance from Ohio has been tapped to be former President Donald Trump’s running mate in the 2024 presidential run. J.C. Vance has represented Ohio in the U.S. Senate since 2023 and has served on the Banking, Housing, and Urban Affairs Committee, the Commerce, Science, and Transportation Committee, the […]
Chick-fil-A falls off perch as No. 1 fast food restaurant in US, Del Taco takes top spot
Chick-fil-A is no longer in control. Eat Mo Chicken, the restaurant chain that specializes in chicken sandwiches, is no longer the number one fast food restaurant in America. Chick-fil-A, which announced in March that it would stop using antibiotic-free chicken starting this spring due to supply chain issues, has fallen to third place in USA […]
California Fast Food Restaurants Struggling to Survive Due to $20 Minimum Wage
A new California law, pushed by Governor Gavin Newsom (D), raised hourly wages for fast-food workers from $16 to $20. The law goes into effect on April 1, 2024. It didn’t take long for fast-food restaurants in the state to feel the impact on their bottom lines, with many forced to lay off staff, cut […]
California’s $20 fast food minimum wage could be hiked again
California officials plan to seek a further increase to the state’s controversial $20 minimum wage for fast-food workers, even as they blame a new law that has led to higher menu prices and restaurant closures since it went into effect in April. Members of the California Food Council, who successfully lobbied for the pay increase, […]
Did Secret Service, law enforcement react fast enough to assassination attempt?
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Chickenflation — Welcome to the Fast Food Price Crisis
How about inflation as well? $43.99. That’s the price for “12 pieces of delicious flame-grilled chicken, three sides to choose from, warm tortillas and fresh salsa.” El Pollo LocoAt least, that’s according to one online influencer. (I checked the price of the same dish at a local franchise in my neighborhood outside of Los Angeles […]