Walmart on Thursday announced a new partnership with fast food chain Burger King that will offer members of its Walmart+ subscription program 25% off any Burger King order made through the BK app. Walmart positioned the added benefits as cost savings for its members.
Tim Hortons' strong value proposition, particularly in Canada, has driven consistent traffic and average check growth. This stands in contrast to competitors like Starbucks. Burger King reported a 0.1% drop in like-for-like sales in the second quarter of 2024. To boost profitability, the brand is investing in the 'Royal Reset' program, focused on remodeling. Popeyes' international expansion, in...
Members of Walmart+ will soon get discounted meals at Burger King, the latest in a string of new benefits as the membership program chases its far larger rival, Amazon AMZN 0.69%increase; green up pointing triangle Prime.
As 2024 continues to be a rough year for restaurant chains, yet another well-known brand appears to be teetering on the brink. In a filing with the Securities and Exchange Commission (SEC) on Friday, BurgerFi International reported significant recent sales drops and warned investors of a potential future bankruptcy filing.
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Bill Ackman manages Pershing Square Capital Management, the hedge fund he founded, with roughly $10 billion in assets under management. Ackman is known for his long-term mindset, so it raised eyebrows when he cut two of his largest positions by more than 20%.
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