KFC ditches Pepsi for Coca-Cola in U.S. restaurants
KFC ends a four-decade relationship with PepsiCo to switch to Coca-Cola beverages across U.S. locations, part of a bid to win back customers.
CNBC · 1m
McDonald's CEO: inflation and weak traffic are the new normal
Chris Kempczinski says McDonald's must stop treating high costs and flat customer visits as temporary and instead compete harder for market share.
CNBC · 1m
McDonald's stock falls on big spending plan
McDonald's shares dropped 6% as the chain unveiled billions in restaurant upgrades and a new growth strategy at its investor day.
CNBC · 3m
McDonald's faces investor test as U.S. sales stumble
The fast-food chain presents its growth strategy Wednesday as stock falls and franchisees resist discounts.
CNBC · 2m
Wendy's major franchisee files for bankruptcy
Meritage Hospitality, operating 314 Wendy's locations, seeks Chapter 11 protection as the chain struggles with six quarters of declining sales.
CNBC · 1m
Tropical Smoothie Cafe plans 3,000 new locations with fresh look
The fast-growing chain unveils new branding as it prepares for massive expansion under Blackstone ownership.
CNBC · 1m