Growing fast and furious
Though higher-end restaurants are struggling as people try to scrimp and save, fast food restaurants in the United States are doing as well as ever. In fact, more foreign fast food restaurants are opening locations in the United States, even during this recession.
CNN Money wrote a series [...]
Recession fuels top performers
Everyone likes a little extra cash here and there. Better yet, a lot. Unfortunately for most stock market players, that extra cash did not flow in last year. Only 24 Fortune 500 companies saw positive returns on stocks last year, according to Fortune Magazine. Many companies that [...]
Responding to recession
As the recession causes more people to turn to payday loans, Starbucks is responding to the economic downturn with a “value menu.” The coffee shop chain, once viewed as a symbol of trendiness and affluence, will start offering product pairings to ease costs for customers.
Palatable pairs
Starbucks’ new product [...]
No safe place to eat
Well, it appears as though nothing is safe. Even though recent studies have shown that fast-food places are virtually recession-proof, according to CNN Money at http://money.cnn.com/2009/01/13/news/companies/wendys_arbys.reut/index.htm?postversion=2009011310, up to 475 Wendy’s restaurants are preparing to stop serving breakfast.
In 2007, when Arby’s bought Wendy’s, Wendy’s added breakfast to [...]