Innovation of the Day: Taco Bell's new app feature helps customers tailor their orders to a specific budget
Findings : Taco Bell introduced a new app feature that allows users to input a specific budget range (from USD 5 to USD 25), and then...
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InsightTrendsWorld
Oct 113 min read
Innovation of the Day: 30-Cent Dinners
Summary of Findings Nostalgia Pricing Event : To celebrate 156 years in business, The Old Homestead , America’s oldest steakhouse, is...
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InsightTrendsWorld
Oct 113 min read
Insight of the Day: McDonald’s largest french fry maker lays off hundreds as Americans turn away from fries
Findings: Lamb Weston, North America’s largest fry producer, is struggling due to declining fast-food traffic, leading to layoffs and a...
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InsightTrendsWorld
Oct 43 min read
Insight of the Day: Is Starbucks affordable? Not according to this survey
Findings: Starbucks is perceived as less affordable compared to its competitors, with only 51% of customers agreeing that it is...
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InsightTrendsWorld
Sep 173 min read
Insight of the Day: Menu price increases at McDonald’s, Taco Bell, and other chains are sparking consumer revolt
Findings: The fast-food industry is grappling with consumer dissatisfaction as rising prices and inflation impact perceptions of value....
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InsightTrendsWorld
Aug 162 min read
Innovation of the Day: Affordability-Focused QSR Menus
Summary Carl's Jr. has introduced a new value menu called "More Bang, Less Buck", offering items priced under $4. The menu emphasizes...
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InsightTrendsWorld
Aug 132 min read
Insight of the Day: 98% of Financially Strained Restaurant Customers Are Cutting Back
Summary: PYMNTS Intelligence's "New Reality Check" report reveals that the majority of consumers living paycheck-to-paycheck are cutting...
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InsightTrendsWorld
Aug 92 min read
Insight of the Day: Burger King sales slump as customers pull back on fast food spending amid inflation
Summary: Burger King sales remained flat last quarter, signaling a struggle to attract price-sensitive customers despite offering cheaper...
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InsightTrendsWorld
Aug 72 min read
Insight of the Day: Major fast-food chains struggle to win back customers with deals
Findings: Fast food chains are experiencing declining sales due to consumers cooking at home amid rising prices. Value meal deals have...
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InsightTrendsWorld
Aug 52 min read
Insight of the Day: Why are there so many fast-food offers on?
Summary Fast-food chains are increasingly offering promotions and deals to attract price-conscious customers. This surge in special...
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InsightTrendsWorld
Aug 52 min read
Insight of the Day: The 2024 QSR 50: Fast Food’s Leading Annual Report
Key Findings and Takeaways: The QSR industry is in a turning point with customers less tolerant of inflationary prices. Chains are...
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InsightTrendsWorld
Aug 31 min read
Insight of the Day: Is the Fast-Food Industry Growing or Declining?
Summary: The fast-food industry is facing a downturn due to inflation, but there are signs of recovery on the horizon. Findings:...
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InsightTrendsWorld
Aug 22 min read
Insight of the Day: McDonald's $5 meal deal causing a "notable" bump in customers
Findings: McDonald's $5 meal deal has proven successful, boosting guest counts by 3% and proving profitable in 96% of U.S. restaurants....
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InsightTrendsWorld
Aug 22 min read
Insight of the Day: Turning the tables: How quick service restaurants are tackling slowdown
Findings: Indian QSR chains are experiencing a slowdown due to high food inflation and subdued consumer spending. Companies are...
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InsightTrendsWorld
Aug 12 min read
Insight of the Day: After Years of Raising Prices, Food Companies Hit Consumers’ Limits
Findings: Food companies are trying to strike a balance between maintaining high profits and attracting price-conscious consumers....
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InsightTrendsWorld
Jul 312 min read
Insight of the Day: Starbucks sales tumble as customers reject high-priced coffee
Summary: Starbucks is experiencing a decline in sales, particularly in North America, due to consumer fatigue with high prices and...
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InsightTrendsWorld
Jul 292 min read
Insight of the Day: McDonald's to 'rethink' prices after sales fall
Findings: McDonald's experienced a 1% decline in same-store sales in the second quarter of 2024, the first such drop since the pandemic....
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InsightTrendsWorld
Jul 293 min read
Insight of the Day: McDonald's same-store sales fall as customers cut back on fast food
Key Takeaway: McDonald's is experiencing a decline in same-store sales for the first time since 2020, mainly due to consumers cutting...
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InsightTrendsWorld
Jul 292 min read
Insight of the Day: Gen X and boomers are the only ones who can afford to eat at fancy restaurants anymore
Findings: Bank of America's research reveals a significant shift in American dining habits, with consumers increasingly choosing...
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InsightTrendsWorld
Jul 232 min read
Insight of the Day: Fast food wars: Could lower menu prices be here to stay?
Findings: Fast food chains are engaging in price wars, offering lower prices and deals. Consumers are responding positively to these...
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