Content about Hamburger

May 20, 2013
Smashburger plans expansion, possible IPO

Fast food hamburger chain Smashburger plans to more than double its nationwide store count to about 500 in the next few years. The chain currently runs about 200 locations across the US.

Denver -- Fast food hamburger chain Smashburger plans to more than double its nationwide store count to about 500 in the next few years. The chain currently runs about 200 locations across the U.S.

According to public comments from Smashburger chariman and CEO Dave Prokupek, the chain may also launch a U.S. IPO at some point in the future. “The idea of good food fast isn’t going to go away anytime soon,” said Prokupek.

 

February 16, 2011
New restaurant concept to feature tabletop iPads for ordering

The founders of BJ’s Restaurants plan launch a new fast-casual concept this spring that will allow customers to order and customize their meals from tabletop iPads, USA Today reported.

New York City -- The founders of BJ’s Restaurants plan launch a new fast-casual concept this spring that will allow customers to order and customize their meals from tabletop iPads, USA Today reported.

January 20, 2011
Arby's chain to be sold

Wendy's/Arby's Group said Thursday it plans to sell off its struggling Arby's quick-serve chain to focus on the Wendy's hamburger business.

Dublin, Ohio -- Wendy's/Arby's Group said Thursday it plans to sell off its struggling Arby's quick-serve chain to focus on the Wendy's hamburger business.

The two fast-food chains were combined when Triarc Cos., Arby's parent, bought Wendy's for $2.2 billion in 2008 to create the third-largest publicly held fast-food chain.

Arby's generated about 30% of the company's sales in its third quarter.

At least one analyst feels the sale could bring in $400 million to $600 million.

December 16, 2010
McDonald's to double China restaurant count by 2013

McDonald's Corp. said Wednesday it plans to double the number of its restaurants in China to 2,000 units by 2013.

Oak Brook, Ill. -- McDonald's Corp. said Wednesday it plans to double the number of its restaurants in China to 2,000 units by 2013.

According to a report by Reuters, the move is part of the hamburger chain’s strategy to speed up expansion in the fastest-growing major economy.

McDonald’s opened its first outlet in Shenzhen 20 years ago, and is now facing fierce competition from Pizza Hut and KFC parent Yum Brands, which has about 3,700 outlets in China.

October 20, 2010
McDonald's Q3 profit rises 12% on strong global sales

McDonald's Corp. reported Thursday that earnings for the quarter ended Sept. 30 rose 12% to...

September 30, 2008
It’s Called Credibility

When Norman Mayne, CEO of the three-store Dorothy Lane Market in Dayton, Ohio, got...