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Wendy’s High-Low Pricing Pays Off

[Update: Watch for the Ciabatta Bacon Cheeseburger to be Wendy's next premium burger.] The answer is yes. The question was whether a national quick-service burger chain could successfully implement a true “barbell” menu/pricing strategy in this economic and consumer environment. McDonald’s and Burger King have, for now at least, backed off premium-price items to focus [...]

Ruby Tuesday Downscales, Downsizes

Ruby Tuesday announced a net loss of $34.7 million for its second fiscal quarter, ended Dec. 3, 2013, but President-CEO James J. Buettgen asked analysts for time and faith that the chain’s repositioning will work. But Wall Street battered the casual-dining chain’s stock yesterday because there was simply too much bad news in the numbers. [...]

Darden Throwing Red Lobster Overboard

Darden Restaurants today announced decreased comp sales for its largest brands and its intention to at least spin off, if not sell, the $2.6 billion Red Lobster concept. The decision reflects the challenging sales environment affecting all restaurant categories. But in particular it results from Red Lobster’s inability to attract and retain higher-income and younger [...]

14 Burger Concepts to Watch in 2014

The burger category continually remakes itself. New concepts are created. One-offs morph into multi-unit endeavors. Small chains spread out and away from their home markets. New names become familiar brands. Below are 14 concepts that are on the move. These are concepts that might not be well known yet—just as BurgerFi, Burger 21, Big Smoke, [...]

Cheeseburger in Paradise Off to Slow Start Under Luby’s

Luby’s Inc. concedes that—initially, at least—its absorption of the Cheeseburger in Paradise brand it acquired in December is being more difficult than expected. Speaking to analysts today about results for its fiscal third quarter, ended May 8, 2013, President-CEO Christopher Pappas addressed a 13% decline in Cheeseburger in Paradise (CiP) sales compared with the year-earlier [...]

Menu Imbalance Hurts Burger King Sales

Burger King’s sales momentum faltered in Q1 as the introductions of its new Seattle’s Best coffee platform and Bacon Gouda Breakfast Sandwiches plus items such as the Avocado Whopper failed to translate into positive sales growth. For the quarter, Burger King same-store sales declined 3%, with global comp sales down 1.4%.

Former CFO and [...]

Whataburger Taking Its Condiments to Retail

Whataburger is venturing into retail sales for the first time, announcing that its signature condiments—Fancy Ketchup, Spicy Ketchup and Original Mustard—will be sold exclusively at H-E-B stores in Texas and Mexico this summer.

The San Antonio-based chain’s Original Mustard, which dates to its founding in 1950, will be sold in 16-oz. containers with a label [...]

Good Times: Four Reasons We Like Bad Daddy’s

In April 2012, Good Times Burgers & Frozen Custard hired Heathcote Capital LLC, many assumed the Golden, Colo.-based regional QSR was seeking a buyer. But President-CEO said that on the contrary Good Times was looking to buy. This week 39-unit Good Times announced deals with Charlotte, N.C.-based Bad Daddy’s Burger Bar. BurgerBusiness.com spoke with Good [...]