Marketing
McDonald's Records First Drop in Monthly Sales in 9 Years
McDonald's Corp reported a 1.8 percent drop in October sales on Thursday across its restaurants worldwide, making its first monthly sales fall in nine years as the franchise is affected by a weaker economy.
Latest News
7-Eleven Closes Deal to Purchase TETCO Stores
7-Eleven, Inc. today announced that it has acquired the retail and wholesale dealer assets of San Antonio-based TETCO, Inc., closing a deal that was announced Aug. 14. The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas plus fuel distribution to TETCO's wholesale-dealers.
Arby's Releases Extended Ad Targeting Subway's Freshness Claims
Arby's is continuing its campaign against Subway whose tagline is "Eat Fresh," claiming that it doesn't offer freshly sliced meat to its customers.
Chipotle To Sell Craft Beer in Chicago Stores
Chipotle is about to start selling craft brews in Chicago which are produced by a local-based microbrewery, according to the Chicago Tribune.
Subway Rolls Out New Steak Melt Sandwiches, New $5 Footlong for November
Subway restaurants have rolled out three new sandwiches as part of its Steak Melts Collection beginning November. The new selection includes the Chipotle Steak & Cheese; Big Philly Cheesesteak and Steak & Bacon Melt.
Special Report: Starbucks's European tax bill disappears down $100 million hole
Starbucks told investors its European businesses made a $40 million profit in 2011, but accounts filed for its UK, German, and French units, which make up 90 percent of European revenues, showed a loss of $60 million.
Hurricane Grill & Wings Announce Houston Development
Hurricane Grill & Wings is excited to announce a new development agreement, adding five new restaurants to the Houston area. Currently, the island-inspired restaurant has over 48 locations in eight different states. Hurricane Grill & Wings has one other Texas location in San Antonio that has achieved enormous success since its opening in July.
Consumer spending picks up, but savings a worry
Consumer spending rose solidly in September, putting the economy on a firmer footing heading into the fourth quarter even though households had to pull back on saving to fund purchases.
Dunkin' Donuts Celebrates Arrival of the Boston Scream Donut
Halloween is almost here, and Dunkin' Donuts, America's all-day, everyday stop for coffee and baked goods, has brewed up a host of ghostly goodies to make the season sweeter for trick-or-treaters of all ages.
Papa Murphy's Pizza Says 'Boo' With New Jack-O-Lantern Pizza
Restaurants typically see an increase in traffic on Halloween, as partygoers and parents opt for the convenience of a pre-made meal.