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☆ Why male voters are such an important target for Harris
▼ + stars: | 2024-09-19 | by ( Jeff Zeleny | Aaron Pellish | ) edition.cnn.com time to read: +9 min

“Kamala Harris isn’t talking about the historic nature of this,” Walz, the Democratic running mate, told supporters here at a rally. But the strategies of both sides have overlapping objectives, with Trump working to widen his advantage with White men while making gains among young Black and Latino voters. “They both have their qualities, they both have their flaws,” said Hernandez, a North Carolina voter who is torn between Trump and Harris. But the Trump campaign is also targeting many of the same voters, particularly young men whose decision whether to vote – and for whom – could be a turning point in the election. Women make up a slim majority of the electorate, but the degree to which Trump can hold onto male voters could determine the outcome of the November election.

Persons: Kamala Harris, Donald Trump, Harris, It’s, Tim Walz’s, “ Kamala Harris isn’t, ” Walz, ”, Walz, Trump, White, Anthony Hernandez, Hernandez, –, ” Hernandez, “ It’s, “, Joe Biden, JD Vance, Tobey Pierce, ” Pierce, it’s, Alex Vigil, Kevin Miller, Miller, ” Miller, Harris ’, Minnesota Sen, Amy Klobuchar, Kareem Rahma Organizations: North Carolina CNN, Minnesota Gov, Democratic, CNN, ”, “, North, Trump, Republicans, International Brotherhood of Teamsters, Packers, Vikings, Minnesota, Democratic National Convention Locations: Asheville, North Carolina, Trump, Hendersonville, Wisconsin, “, Superior , Wisconsin, McDonald’s, Los Angeles

“There’s no one that can organize quite like labor,” Harris campaign manager Julie Chavez Rodriguez said. All together, labor leaders predict thousands of union members will deploy to battleground states to knock on doors or work phone banks. “It will be determinative,” Butler said of the Sun Belt labor groups' role in the November election. “Arizona is going to be a state that, at the end of the day, will elect the president — President Harris — I truly believe that,” McLaughlin said. “Momentum will carry Vice President Harris and Governor [Tim] Walz through.

Persons: Joe Biden, Kamala Harris, Harris, Donald Trump’s, “, ” Harris, Julie Chavez Rodriguez, ”, Verrett, Trump, Biden, Shawn Fain, Chavez Rodriguez, they’ve, ” Biden, canvassers, “ Trump, ” Chavez Rodriguez, Sen, Laphonza Butler, ” Butler, Harris ’, Karoline Leavitt, ” Leavitt, Jim McLaughlin, —, Harris —, ” McLaughlin, Tim, Walz Organizations: ” Workers, Service Employees International Union, Culinary Workers Union, AFL, CIO, Democratic, SEIU, United Automobile Workers, General Motors, Heritage Foundation’s, Trump, Democrats, Sun, Boeing, Teamsters Union, Teamsters, Arizona’s AFL, United Food & Commercial Workers, Biden Locations: Midwest, janitors, Canada, California , Illinois, New York, Arizona , Nevada , Georgia, North Carolina, Flint, Mich, McDonald’s, California, U.S, Reno , Nevada, Las Vegas, Nevada, Arizona

☆ McDonald’s is selling 50-cent double cheeseburgers for National Cheeseburger Day, Wendy's is giving them out for a penny
▼ + stars: | 2024-09-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

For the second consecutive year, the fast food giant is discounting one of its most popular menu items on National Cheeseburger Day. On Sept. 18 only, customers will be able to buy the chain's famous Double Cheeseburger for 50 cents. The offer is available to customers who use the fast food chain's smartphone app, and is limited to one burger per customer. Users who open the app will be prompted to take advantage of the National Cheeseburger Day promotion, and the discount will be automatically applied at checkout. The offering from the Golden Arches is competing with value combos from rival fast food chains like Taco Bell, Burger King, Wendy's and Popeyes.

Persons: McDonald's, Taco, Burger, Bacon, Burger King Organizations: Taco Bell, CNBC Locations: Wendy's

☆ National Cheeseburger Day: Here are the deals to relish
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Wednesday is National Cheeseburger Day, with some of the biggest chains offering some much-needed discounts amid consumer complaints about rising prices. It’s part of company’s string of deals to kickstart slumping sales, including recently extending its popular $5 value meal until December. Fast food has been a low-profit margin business with little customer loyalty. McDonald’s pricey burgers have become a flashpoint of criticism and a symbol of elevated fast food prices. So deals are particularly crucial to fast food companies at the moment to lure customers back.

Persons: they’re, Burger King, Jack, Jack ” cheeseburger, ”, Joe Erlinger Organizations: New, New York CNN, Wednesday, McDonald’s Locations: New York, White, McDonald’s USA

☆ Facing criticism for being too walled off, Harris slowly opens the door to more media interviews
▼ + stars: | 2024-09-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +11 min

The campaign said Harris plans to do more interviews with local media in battleground states and speak more with her traveling press corps in the coming days. Her campaign’s media strategy has largely been a continuation of Biden’s, which is to minimize interactions with the media. Some allies said that Harris should use the momentum from the debate to change her cadence of interviews. “I don’t think you can hide for 56 more days from media interviews,” said one Democratic strategist, requesting anonymity to speak candidly. The Harris campaign also held a call that day, but it was off the record.

Persons: Kamala Harris ’, Harris, Donald Trump, Joe Biden’s, Tim Walz, Rickey Smiley —, “, ”, Chuck Rocha, Rocha, Trump, Robert F, Kennedy Jr, “ Harris, She’s, Democratic Sen, Claire McCaskill, McCaskill, there’s, Matt Gaetz, ” Trump, Jason Miller, —, Biden, Ohio Republican Sen, J.D, Vance, Walz, aren’t, ” Bonnie Fioramanti, ” Fioramanti, Harris —, Rich Thau, it’s, Kamala Harris, ” Harris, ” Sen, Chris Murphy, Conn, Jason Crow, James Carville, Paul Maslin Organizations: National Association of Black Journalists, Democratic, CNN, Minnesota Gov, Univision, Media, Trump, Fox News, ” MSNBC, “, ” Conservatives, New York Times, Board, White House News Photographers Association, NBC News, The New York Times, NBC, Ohio Republican, ABC News, MSNBC, Fox, ”, Veteran Democratic Locations: Philadelphia, Republic, Ohio, Arizona, Siena, America

McDonald’s will extend its $5 value meal into December in most U.S. markets as it looks to win back lower-income consumers. Franchisees have been voting on extending the value meal, and roughly 80% of local markets have opted to extend the deal into December. The value meal offers a McDouble or McChicken sandwich, small fries, four-piece chicken nuggets and a small soft drink for $5. The restaurant sector focused on value this summer, as companies including McDonald’s, Burger King and even Starbucks attempted to lure consumers in with discounted offerings. After McDonald’s posted declining second-quarter same-store sales in July, executives told restaurant operators and analysts the company would focus on how to recapture consumers with deals, as they pushed for an extension of the $5 value meal.

Persons: we’re, ”, Joe Erlinger, Burger King, McDonald’s, Erlinger Organizations: CNBC Locations: ” McDonald’s, U.S

☆ McDonald’s $5 value meal is sticking around until December
▼ + stars: | 2024-09-12 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —The McDonald’s $5 meal deal is staying on menus until December, a sign that inflation-weary customers are devouring value meals recently offered by fast food chains. The Chicago-based fast-food giant announced the $5 meal deal in June. In July, McDonald’s said that the vast majority of restaurants would keep it on the menu until August. The meal features either a McChicken sandwich or McDouble cheeseburger, small fries, 4-piece Chicken McNuggets and a small soft drink. McDonald’s also announced a slew of fall deals — from $0.50 Double Cheeseburgers for National Cheeseburger Day on Sept. 18 to a $2 McCrispy sandwich for National Fried Chicken Sandwich Day on Nov. 9.

Persons: McDonald’s, Chris Kempczinski, Burger, we’re, ” Joe Erlinger Organizations: New, New York CNN, McDonald’s USA Locations: New York, Chicago

☆ There are better opportunities outside of McDonald's in the sector, says TD Cowen’s Andrew Charles
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are better opportunities outside of McDonald's in the sector, says TD Cowen’s Andrew CharlesRestaurant Business Magazine’s Jonathan Maze and TD Cowen’s Andrew Charles, join McDonald’s extending its value meal and the state of the quick service and fast casual sectors.

Persons: Cowen’s Andrew Charles, Jonathan Maze Organizations: Cowen’s Andrew Charles Restaurant, McDonald’s Locations: McDonald's

☆ McDonald’s to extend $5 value meal
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMcDonald’s to extend $5 value mealMcDonald’s will be extending its $5 value meal offering through December in most local markets as the company looks to remain competitive in an overall challenging environment for the fast food sector, CNBC’s Kate Rogers reports.

Persons: Kate Rogers

☆ BurgerFi files for Chapter 11 bankruptcy
▼ + stars: | 2024-09-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Fast casual chain BurgerFi filed for Chapter 11 bankruptcy Wednesday after months of reporting financial distress. BurgerFi, filing for bankruptcy protection in the U.S. District Court for the District of Delaware, said all of its corporate locations will operate normally. Franchise-owned locations are exempt from the bankruptcy filing, the company said in a press release. A common route is Chapter 11 bankruptcy, which allows the company to solve its financial problems through reorganization. According to the bankruptcy filing Wednesday, BurgerFi estimates it had between $100 million and $500 million in liabilities, but only $50 million to $100 million in assets.

Persons: Burger, BurgerFi, andexpected, “, ”, Jeremy Rosenthal, ” BurgerFi Organizations: New, New York CNN, District of, Anthony’s Locations: New York, McDonald’s, U.S, District of Delaware, Florida

☆ Big Lots files for bankruptcy
▼ + stars: | 2024-09-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer announced that private equity firm Nexus Capital Management is acquiring “substantially all” of Big Lots stores and business operations. Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates. Big Lots is in the process of closing roughly 300 of its 1,400 store across the United States. Big Lots joins a growing list of well-known retailers hitting financial turbulence as customers cut back spending on non-essential items.

Persons: ”, Bruce Thorn, McDonald’s, it’s, Sarah Foss, ” Foss Organizations: New, New York CNN, Nexus Capital Management, Lots, Walmart, Debtwire, CNN Locations: New York, United States

☆ Nvidia is suddenly in trouble
▼ + stars: | 2024-09-04 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Nvidia, the AI chipmaking titan that was briefly the world’s most valuable company, has suddenly found itself in an unfamiliar position: a major rut. Nvidia (NVDA) had the worst day in the history of the stock market Tuesday, as measured by loss in total market value. To put that shocking decline into context, only 27 companies on the planet are worth as much as Nvidia lost in value Tuesday. That’s why bulls like Wedbush’s Dan Ives believe Nvidia’s stock decline presents a buying opportunity. – CNN’s Ramishah Maruf contributed to this reportCorrection: Correction: An earlier version of this story incorrectly described TSMC's relationship with Nvidia.

Persons: Jensen Huang, ”, Biden, Kamala Harris, Donald Trump, Huang, Blackwell, “, ” Huang, Wedbush’s Dan Ives, ” Ives, –, Ramishah Maruf Organizations: CNN, Nvidia, Meta, McDonald’s, Chevron, Pepsi, BlackRock, Microsoft, Intel, US Justice Department, Bloomberg, Department of Justice, Justice Department, US Department of Justice, titans, Apple, Google, Nasdaq

☆ Walmart is taking dollar stores’ customers
▼ + stars: | 2024-09-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Dollar Tree also owns the long-struggling Family Dollar chain. While dollar stores once expanded to reach a growing number of financially strapped Americans, they underestimated just how financially strapped many Americans would become. “They missed the fact in tough times the consumer would be looking for consumables.”Meanwhile, Dollar Tree has been weighed down by its purchase of Family Dollar. Earlier this year, Dollar Tree announced that Family Dollar will close more than 900 stores, and it subsequently said it will explore a sale or spinoff of Family Dollar. In previous times of financial stress, Dollar General has seen middle-income and slightly more affluent households trade down into Dollar General to save money.

Persons: Michael Lasser, —, Todd Vasos, Vasos, Mike Creedon, aren’t, “ They’re, ” David D’Arezzo, “, ” Neil Saunders, ” Organizations: New, New York CNN, Walmart, UBS, Dollar General, Dollar, CNN, Target Locations: New York

☆ McDonald’s is giving its McFlurry a makeover
▼ + stars: | 2024-09-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Nearly a year after McDonald’s ditched the hollow plastic spoon, more changes are coming for the McFlurry. McDonald’s set a goal in 2018 to reduce greenhouse gas emissions from its offices and restaurants by 36% between 2015 and 2030. In 2023, McDonald’s phased out the McFlurry plastic spoon, which doubled as a spindle that inserted into a machine to mix in the toppings. Also rolling out next week is a smaller McFlurry serving size, called the Mini McFlurry, for customers looking for a petite or more budget-appeasing dessert option. Adding more value-minded items, like a Mini McFlurry, could help McDonald’s reposition the chain as a source for budget-friendly food.

Persons: McDonald’s, Chris Kempczinski, “ Organizations: New, New York CNN Locations: New York

☆ Subway announces a new price for footlongs as it enters the value menu wars
▼ + stars: | 2024-08-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —It’s not $5, but Subway is bringing back cheap footlongs and joining the fast food value menu wars. Beginning August 26, Subway will sell any footlong sandwich for $6.99 — a steep discount considering that some footlongs can cost as much as $14 in some cities. It’s the privately held chain’s latest attempt at luring back customers who are balking at rising fast food prices and spending less when they do go out. Subway is owned by a private equity firm and doesn’t often reveal sales like its publicly traded rivals. Technomic data shows that Subway also lags in sales for sides and snacks compared to its competitors.

Persons: New York CNN — It’s, ”, Burger, “, Doug Fry, Dippers, David Henkes, ” Henkes Organizations: New, New York CNN, Subway, Burger King, Starbucks, Sidekicks, CNN Locations: New York, Subway North America, Technomic

☆ BurgerFi is in big trouble and may go out of business
▼ + stars: | 2024-08-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —BurgerFi, the fast-casual burger chain and owner of Anthony’s Coal Fired Pizza, is running out of cash – and options. Because of the lack of cash, BurgerFi is uncertain if it can continue to operate its 60 pizza stores and 102 burger restaurants. Food prices have also hurt BurgerFi – the company cited a price increase in chicken wings and higher wages for its increase in operating expenses. BurgerFi first rang the alarm in May, when it announced it was going over “strategic alternatives” due to its liquidity challenges. BurgerFi (BFI) went public in 2020, and its stock has dropped almost 60% year to date.

Persons: New York CNN — BurgerFi, Burger, wouldn’t, BurgerFi, it’s, There’s Organizations: New, New York CNN, Anthony’s, SEC, CNN Locations: New York

Tim Walz defends his military record. Walz defends his military recordDemocratic vice presidential nominee Tim Walz defended his military record during his first solo event on the campaign trail. Vance asserted Walz misrepresented his military record; Walz said he misspoke. Ernesto expected to strengthen into a hurricaneTropical Storm Ernesto on Aug. 13, 2024. Staff Pick: Laci Peterson case back in the spotlightLaci Peterson and Scott Peterson in an undated photo.

Persons: Tim Walz, Walz, ”, Sen, JD Vance, Vance, Donald Trump, Joe Biden, nudging Trump, Chuck Todd, Kamala Harris, Ernesto, Ilhan Omar, Minnesota, Eric Hovde, Democratic Sen, Tammy Baldwin, Laci Peterson, Scott Peterson, Peterson, — Chelsea Stahl, Benjamin Netanyahu, Elvis Presley’s, Elizabeth Robinson Organizations: Labor Statistics, Federal Reserve, Democratic, Minnesota, NBC, Trump, GOP, NOAA, Getty Images Schools, NHC, U.S ., Wisconsin Republican, Senate, Modesto Police Department, Pictures, Israeli, Police Locations: Los Angeles, Ohio, Denver, Boston, Michigan, Asheville , North Carolina, Puerto Rico, Caribbean, British Virgin Islands, U.S . Virgin Islands , Puerto Rico, Vieques, Culebra, California, U.S, Ferguson , Missouri, Tennessee

☆ Mars buys Kellanova, maker of Cheez-It and Pringles
▼ + stars: | 2024-08-14 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Mars has agreed to buy Kellanova in a deal that values the maker of Cheez-It and Pringles at almost $29 billion. The mega-deal will create a global snacks behemoth, adding a bevy of new nibbles to Mars’ portfolio of brands, which includes Snickers, M&M’s, and the Mars bar. “The Kellanova brands significantly expand our snacking platform, allowing us to even more effectively meet consumer needs and drive profitable business growth,” Andrew Clarke, global president of Mars Snacking, said in a statement. The Kellanova acquisition ranks in the top 10 global food and beverage mergers and acquisitions since 1995, according to Dealogic. The Kellanova deal is expected to close in the first half of next year, subject to shareholder and regulatory approval.

Persons: London CNN — Mars, Kellanova, ” Andrew Clarke, Mars Snacking, —, Burger King, ” Kellanova, Trü, Anna Cooban Organizations: London CNN, Reuters, Kellogg Company, MorningStar, Nestle, McDonald’s, Starbucks, Mars

☆ Starbucks is struggling. So it hired fast food’s Mr. Fix-It
▼ + stars: | 2024-08-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

Brandon Bell/Getty ImagesSo, starting next month, fast food’s fix-it man will work to turn around Starbucks as its new CEO, the company announced on Tuesday. Starbucks’ sales have fallen for two straight quarters. Mobile app and drive-thru orders make up more than 70% of Starbucks’ sales at its approximately 9,500 company-operated stores in the United States. Restaurant analysts say that Starbucks, which has historically done less television advertising than rivals, will use marketing to try to improve customers’ perceptions of Starbucks’ brand and prices. Niccol succeeded adding new menu items to Chipotle, and he will “enable Starbucks to better succeed with menu innovation,” says Charles.

Persons: Chipotle, Brian Niccol, Niccol, carne asada, pollo, Brandon Bell, ” RJ Hottovy, they’re, Bebeto Matthews, ”, Tom Cook, Casey, Mark Lennihan, Cowen, Andrew Charles, Charles Organizations: New, New York CNN, Taco Bell, Starbucks, Investors, CNN Locations: New York, Taco, Chipotle, Mobile, United States

☆ 'We are doing democracy here': Young voters focus on being polite rather than polarized
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +7 min

WASHINGTON — In the heat of the 2024 campaign season, more than 400 first-time voters from across the country gathered here in July to discuss political issues and the upcoming election — but with a focus on being polite rather than being polarized. The gathering was a so-called deliberative poll where the participants were randomly selected to produce a representative sample of young voters from the entire nation. There have been past “America in One Room” studies of the general electorate, but this was the first to specifically examine first-time young voters. And the portion of young voters who opposed drilling in the Artic wilderness increased, from 72% before to 76% afterward. 'I see that point': Young voters gain more respect for differing viewsThe polling results also showed these young voters gaining more respect for differing viewpoints, with the share of participants saying their opponents had good reasons for their positions growing from 64% before the event to 71% afterward.

Persons: WASHINGTON —, Kendall Rene Martin, Tyler Kunkowski, Emily Criswell, Steven Dilts, it’s, ”, Henry Elkus, Helena, “, ” Elkus, Donald Trump, Joe Biden’s, Steven, Tyler, ” Steven, shouldn’t, Emily, ” Tyler, ” Emily, Kendall, didn’t, James Fishkin Organizations: Stanford, Republican, America, Major League Baseball, Young, NBC News, Democrat, “ Locations: WASHINGTON, “ America, California, Florida, Tennessee, Alaska, United States, Paris, America, Kendall of California

Record numbers of travelers have been flooding airports since the pandemic, but U.S. airlines now face a surplus of empty seats after racing to add capacity. “Deals are easier to find this summer since prices are already so low,” said Hayley Berg, lead economist at the travel booking site Hopper. For clients with a little flexibility in their travel dates, I’ve been able to get very low airfare for last-minute trips. Ashley D’Aristotile, owner of Flyaway TravelThe discounts expand the map for late-season travelers and coincide with a broader value push this summer. Domestically, the Southeast is seeing some of the best bargains, according to Priceline, with both Miami and Nashville making its “most affordable” list for August.

Persons: ”, Hayley Berg, Hopper, I’ve, Ashley D’Aristotile, Debra Banton, Rachel, Banton, she’s, Kimberly Hilliard, haven’t, Jesse Neugarten, Lousson Smith Organizations: Flyaway, Dollar, Miami, Nashville Locations: U.S, Chicago, Baltimore, New York, Nashville, Priceline, McDonald’s, Charleston , South Carolina, Europe, Greece, Athens, Annapolis , Maryland, Orlando , Florida, Boston, Dublin, Paris

☆ McDonald’s France hints at pulling classic curry sauce after
▼ + stars: | 2024-08-11 | by ( Robert Ilich | ) edition.cnn.com time to read: 1 min

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☆ Retailers are tricking consumers into spending more with earlier-than-ever Halloween rollout
▼ + stars: | 2024-08-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.

Persons: can’t, ”, Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, “, ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s

☆ Customers didn’t stop spending. Companies stopped serving
▼ + stars: | 2024-08-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.

Persons: CNN Business ’, they’ve, that’s, it’s, they’re, ”, Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, —, Texas

☆ Taco Bell could hold the secret formula for bringing customers back to fast food
▼ + stars: | 2024-08-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Fast food giant Yum Brands is going all in on value — but only Taco Bell is performing well enough to immediately bring back inflation-weary customers. But Gibbs said Taco Bell is outperforming its rivals in the fast food industry. “I think we’re really seeing Taco Bell stand out from the crowd,” he said to investors. Of the three, only Taco Bell’s US same-store sales grew in the second quarter of 2024, at 5%. The earnings call highlighted how fast food and fast casual chains are struggling to retain customers who believe it is cheaper to just eat at home.

Persons: Taco Bell, David Gibbs, Gibbs, ”, Chipotle, Taco, ” Gibbs, YUM, Chris Turner, Burger, Bell, Lawrence Kim, Yum, CNN’s Clare Duffy Organizations: New, New York CNN, Yum Brands, KFC, Taco, ! Brands, CNN Locations: New York, East, Malaysia, Indonesia, Israel

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