Catch-22: Cutting back on new-product introductions doesn’t improve sales either. Burger King announced that U.S./Canada same-store-sales declined by 0.3% for the three months ended Sept. 30, 2013, the first quarter since it announced it was stepping back from multi-LTO seasonal menu revisions three months ago.
The Today Show helped Satisfries reach 1 billion media [...]
Ted’s Montana Grill keeps its eyes on its burger menu and does a good job of periodically refreshing the lineup. For fall the Atlanta-based chain is cycling in three new burger choices as well as a salad and dessert.
Ted’s No. 10 Burger
The No. 10 burger first joined the menu in 2012 to [...]
Burger King this week will announce new summer menu LTOs that include the returns of the Carolina BBQ Whopper/Chicken and Memphis Pulled Pork sandwiches. But there will be one audacious difference: The menu includes a boneless BK Rib Sandwich that can be seen as an answer to rival McDonald’s popular McRib.
Memphis BBQ Pulled [...]
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 [...]