Tag: fast food franchise

  • Navigating the Future of Retail: Strategies for Staying Ahead

    As retail continues to evolve, brands must adapt to changing consumer behaviors and technological advancements to remain competitive. At Star Brands Consulting Ltd, we’ve identified key trends that will shape the industry’s future. In this article, we’ll explore how brands can stay ahead of the curve and thrive in the ever-changing retail landscape. The Shift…

  • 6 Restaurant Chains Making a Strong Return in 2024

    From fan-favorite Chick-fil-A to ultra-popular Wingstop, many of America’s most iconic restaurant chains continue to thrive year after year. Others, however, aren’t nearly as fortunate as they contend with lagging sales, declines in guest traffic, and store closures. Red Lobster was the latest chain to fall victim to these woes, shuttering dozens of restaurants throughout the United States and declaring Chapter 11 bankruptcy after struggling…

  • Top Franchise Trends to Watch in 2024 by Star Brands Consulting Ltd

    Welcome to the Star Brands Consulting Ltd blog! As we move further into 2024, the franchising landscape continues to evolve, bringing new opportunities and challenges. Staying ahead of these trends can give franchisors and franchisees a competitive edge. Here are the top franchise trends to watch in 2024. 1. Emphasis on Sustainability Eco-Friendly Practices Consumers…

  • Chipotle Mexican Grill to Open Second Calgary Location

    Exciting news for Calgary foodies! Chipotle Mexican Grill, the popular American Mexican fast food chain, is set to open its second location in Calgary next week. New Location Details The new restaurant will be situated in the community of Seton, in the southeast of Calgary, at 19489 Seton Cres. S.E. This marks the 43rd Chipotle…

  • The Basics of Franchising: What Every Potential Franchisee and Franchisor Needs to Know

    Welcome to the Star Brands Consulting Ltd blog! Today, we’re diving into the fundamentals of franchising – a business model that has allowed countless entrepreneurs to achieve their dreams. Whether you’re considering becoming a franchisee or franchisor, understanding the basics is crucial for your success. What is Franchising? Franchising is a business arrangement where a…

  • 7-Eleven convenience store chain marks 50 years in Japan

    The 7-Eleven convenience store chain this week marked the 50th anniversary of its first outlet opening in Japan, where convenience stores have become essential infrastructure for everyday life. On May 15, 1974, the first Japanese outlet opened in Tokyo’s Toyosu area. The first product sold there was a pair of sunglasses. “In the beginning, I…

  • With a $2 Billion Injection, Burger King is Accelerating Franchisee Profitability

    Burger King is sprinting toward $300,000 in per-unit profitability for franchisees, and it’s thanks to more than $2 billion worth of investments to get back on track.  That breaks out to $400 million from the “Reclaim the Flame” turnaround plan announced in September 2022, the $1 billion acquisition of its largest franchisee Carrols Restaurant Group, a $500…

  • Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint

    Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC struggled to attract customers. Shares of the company fell nearly 4% in early trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Yum reported first-quarter net income of…

  • Burger King invests another $300 million to remodel restaurants

    Burger King will invest another $300 million to remodel about 1,100 of its U.S. restaurants as part of a broader turnaround effort, the chain’s parent company said Tuesday. Owner Restaurant Brands International kicked off Burger King’s comeback strategy a year and half ago with $250 million to renovate restaurants and upgrade its technology and equipment, plus an additional $150…

  • Krispy Kreme to open stores in Germany 

    Krispy Kreme is set to extend its sweet reach to Germany through a recent agreement with ISH Kreme, marking its largest franchisee collaboration yet. With a nod to its roots in Charlotte, North Carolina, Krispy Kreme is a globally recognized purveyor of delicious treats, famed for its melt-in-your-mouth Original Glazed doughnuts. Operating in over 35 countries,…