Wednesday, September 14, 2011

Fast Food Ratings

As we travel, whether by air or car or whatever, fast food seems to go hand-in-hand with those trips.  When you’re trying to make time on the highway or just move through the terminal on your way to your gate a fast food restaurant can be a convenient and fast way to stay on track.  What it lacks in nutritional value and overall taste it more than compensates in ease, quickness and even cost overall.

We’ve all fallen into the trap of using fast food as easy way to feed ourselves at one time or another.  So here is how those restaurants stack up according to QSR:

2010 QSR 50
There’s no other list like this one. The QSR 50 brings the biggest names in the quick-service and fast-casual industries together in an all out sprint to the finish. Their domestic sales would make companies like Nike, Whirlpool, and Progress Energy blush. They are the top 50 companies shaping our industry.   We are only listing the top 10 in each category.  To see the complete list click HERE:

McDonald’s
1Once smoothies and frappés were in the pipeline, McDonald’s wasted no time making another splash with beverages. Reports that the chain would reprice all sodas at $1 initially drew scoffing—from franchisees as much as competitors. But within weeks the home office confirmed to QSR that “many local markets” had already adopted the discount. Now units are being revamped into places where you might kick back with your latte, frappé, or$1 Coke.

Subway
2Subway’s success simply can’t be stopped. So far this year, the company has opened more than 1,000 new locations around the world, crossed the milestone of 33,000 locations and premiered its new breakfast menu at about 25,000 U.S. and Canadian stores. The only potential chink in the brand’s armor? Oversaturation.

Burger King
3The roll out of a new charbroiler, the foundation of Burger King’s open-flame cooking process, was completed last year, opening the menu to products like ribs and stuffed burgers. But it remains to be seen if the company will rally a franchisee community that all but yelled “Death to the King!” during the past year’s deep discounting. Some fear the brand has conditioned customers to shop for price, quality be damned.

Wendy’s
4Wendy’s is focusing on prepping for a breakfast re-entry and what CEO Roland Smith termed a “significant” facelift for stores. But the new a.m. lineup won’t be available systemwide until late 2011. Meanwhile, the brand’s new owners have vowed to raise comp sales by alternating limited-time deals with premium options. The chain is also following Starbucks’ lead in setting prices on a store-by-store basis.

Starbucks
5After a whirlwind year for Starbucks, expect more of the same, say executives of the resurging coffee brand. Efforts to sustain the turnaround will bring more health-oriented products, along with higher-quality food, says CEO Howard Schultz. Meanwhile, the brand is reaping the benefits from its revamped loyalty program, My Starbucks Rewards, the No. 1 reason customers say they visit the brand more often than they did six months earlier.

Taco Bell
6Taco Bell officials call them “sales layers,” the departures from business-as-usual for the Big Tamale of Yum! Brands’ portfolio. The chain bid for the health-minded by trumpeting a Drive-Thru Diet Menu and, more recently, it’s expanded tests of breakfast and tinkered with a do-it-yourself taco bar that feeds four for $14.99. Management hints that more menu departures may be on the way.

Dunkin’ Donuts
7The transformation of Dunkin’ Donuts into a broad-menu contender with a doughnut bent is quickening. The past year brought the sort of new products you might expect from a burger or sub specialist, like chicken and tuna wraps, a value menu, and a new snack called bagel twists. Meanwhile, Dunkin’ grew faster than many of the full-menu brands, with 171 domestic units added during ’09 and 131 more in the franchise pipeline.

Pizza Hut
8Follow this zen logic, Grasshopper: Pizza Hut’s growth will come not from pizza, but from wings and pasta. But the challenge of the moment, execs cryptically point out, is reviving pizza sales. If that doesn’t lead to head scratching, consider that officials want to improve the perceived value of pies as a means of boosting wing and pasta sales. So they added a permanent discount, the $10 Any Pizza deal. Huh?

KFC
9With KFC, “we have our work cut out for us,” acknowledged David Novak, CEO of franchisor Yum! Brands. The daunting to-do list includes improving operations, consumer perceptions, and menu appeal. The home office is hoping to improve the appeal and service of units by providing additional field-level support. Already visible is the brand’s effort to be viewed as a bargain option, most clearly with the new value menu.

Sonic
10Hammered more than most chains by the economy, Sonic hopes to rebound by playing up its quick-service quirks. Marketing has focused on points of difference like the use of roller skaters to serve meals car-side. One of the few major chains to feature hot dogs, Sonic bulked up its Coney to four ounces and made it a true footlong. The chain hints about defending its rep as a beverage innovator by uncorking new selections.

For a more in-depth breakdown of how each chain stack up against the other in overall stores and revenue click HERE.  All those enjoying the $2 heart-attack-in-a-bag please enjoy these meals in moderation and you’ll have to excuse me my $5 dominos pizza just arrived!!!

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