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78°
Thursday, jun 4
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Business
McDonald's Adding New Value Menu Options In Major Overhaul, Report Says: What To Know
McDonald's is preparing to add cheaper menu options as the fast-food giant tries to win back value-focused customers, according to a report. The chain plans to introduce new deals in April, including a menu of items priced at $3 or less and a $4 breakfast meal bundle, The Wall Street Journal reported on Wednesday, March 11. The breakfast offer is expected to include items like a McMuffin, hash brown, and McCafe coffee. The new value menu will feature lower-priced options like a sausage biscuit or a four-piece order of Chicken McNuggets. "We have achieved incredible progress toget…
Business
Subway Hires Former Burger King Executive As CEO To Revitalize Sandwich Chain
The nation's largest fast-food chain has picked a former Burger King executive as its new CEO. Jonathan Fitzpatrick will become Subway's chief executive on Monday, July 28, the sandwich company announced in a news release on Monday, July 21. He'll take the role left by John Chidsey, who retired in late 2024 after leading Subway through a $9.6 billion sale to Roark Capital and overseeing several years of steep US restaurant closings. Fitzpatrick was most recently the CEO and president of Driven Brands, an automotive services provider also owned by Roark. "I'm honored to lead this …
News
Pentagon Pizza Orders Skyrocketed Before Israel Attack, X Sleuths Say It’s No Coincidence
An X account that tracks pizza activity may have predicted a major international event. Pentagon Pizza Monitor, which was created to keep track of how busy Arlington pizzerias are, noticed an anomaly on Thursday, June 12 — hours before Israel launched "Operation Rising Lion." "Pentagon Pizza Report: Open-source tracking of pizza spot activity around the Pentagon (and other places)," the account's bio states. "Frequent-ish updates on where the lines are long." According to the account, things were normal during the day, but shortly before closing, several pizza places in the area clos…
Business
Subway Closing Hundreds Of Restaurants Yearly, Aims For 'Smart Growth' Amid Brand Refresh
The largest fast-food chain in the US is rapidly losing restaurants. Subway closed 631 locations in 2024, QSR Magazine reported on Tuesday, April 29. The sandwich giant ended the year with 19,502 restaurants nationwide – the lowest count in nearly 20 years. The Shelton, Connecticut-based company has shuttered about 7,616 locations in the US since peaking in 2015 with more than 27,000 restaurants. 2024 also marked Subway's largest yearly decline since it lost 1,043 locations in 2021. Despite mass closings, Subway remains the biggest restaurant brand in the US. Starbucks …
Business
McDonald's Suffers Biggest US Sales Hit Since
Covid-
19 Pandemic Began: Here's Why
Sales at McDonald's experienced their sharpest drop since the start of the COVID-19 pandemic, as companies struggle to navigate chaotic economic conditions in the US. McDonald's sales in the US fell 3.6% in the first quarter of 2025, the company said in its earnings report on Thursday, May 1. The drop marks the fast food giant's steepest quarterly decline since the second quarter of 2020, when US sales plummeted by 8.7% as the pandemic forced restaurants worldwide to temporarily close. The slump was more than double what economists expected and came as inflation, tariffs, and…
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