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Fast food was created as a commercial strategy to accommodate large numbers of busy commuters, travelers and wage workers. In 2018, the fast-food industry was worth an estimated $570 billion globally. [1] The fastest form of "fast food" consists of pre-cooked meals which reduce waiting periods to mere seconds.
Yum! Brands, Inc. (sometimes called simply Yum!) is an American multinational fast food corporation. It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as Yum!
The fast-food industry is a popular target for critics, from anti-globalization activists like José Bové to vegetarian activist groups such as PETA as well as the workers themselves. A number of fast-food worker strikes occurred in the United States in the 2010s.
The worldwide fast food sector is thriving as the younger demographic remains its biggest customer. The market for […] You can skip our discussion on fast food industry growth and go to the 5 ...
Inflation, ongoing consumer demand and early stages of tech integration took over the fast food industry this past year. As Wall Street looks to 2023, it expects those key trends and others to ...
This is a list of notable current and former fast food restaurant chains, as distinct from fast casual restaurants (see List of casual dining restaurant chains), coffeehouses (see List of coffeehouse chains), ice cream parlors (see List of ice cream parlor chains), and pizzerias (see List of pizza chains).
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
As the cost of dining rises, fast food players have been struggling to compete on value. In its latest quarter, McDonald's ( MCD ) same-store sales grew 0.3% year over year in the US.