News

McDonald’s plans to hire 375,000 U.S. workers this summer
McDonald’s said Monday it plans to hire up to 375,000 U.S. restaurant employees this summer, its biggest hiring push in years ...
Fast-food restaurants are still in decline: April traffic slips and McDonald’s, Chipotle sales slump in Q1
According to a new report, fast-food figures have continued to drop in 2025 as consumers battle price inflation and broader ...
11 Restaurant Chains Struggling in 2025
TGI Friday's confirmed it filed for Chapter 11 bankruptcy in 2024 and has continued shuttering restaurants in 2025. According to its website, only 85 remain open. However, the company recently ...
Why Krispy Kreme Plunged 24% This Week
Shares of Krispy Kreme (NASDAQ: DNUT) plunged 24.4% this week through Thursday, according to data from S&P Global Market ...
Krispy Kreme Pauses McDonald’s Rollout to Focus on Profitable U.S. Expansion
By Karen Roman Krispy Kreme, Inc. (Nasdaq: DNUT) said first quarter net revenue was $375.2 million, a 15.3% decline compared ...
Burger King parent saw slower start to the year as revenue and earnings miss marks
Among the company's restaurant brands, Burger King's comparable sales fell 1.3%, surpassing the FactSet consensus estimate of a 0.9% decline. At Tim Hortons, comparable sales fell 0.1%. Analysts ...
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Citizen Vinyl closing record store, café after Helene 'annihilated' 4th quarter sales
The closure is attributed to a significant sales decline following Tropical Storm Helene in September. The manufacturing portion of Citizen Vinyl, including its vinyl record pressing plant and ...