December 5, 2012 |
Face-lift fever is sweeping the fast-food industry as aging establishments swap ketchup-smudged Formica for mood lighting and gleaming stainless steel - all in the pursuit of profit. In a tough economy, picky consumers are being selective about where they spend their cash. Many tired outlets are losing sales to flashier competitors, experts said, forcing them to spruce up or lose out. Taco Bell is testing eateries, including one in Redwood City, Calif., that glow purple at night to attract the bar crowd.
November 7, 2012 |
Taco Bell is trying to color outside of the fast-food lines, launching several new items designed to compete with higher-end restaurants. On Thursday, the Irvine-based chain will officially launch XXL Steak Nachos, which it calls “restaurant-sized nachos.” In addition, as rivals such as Burger King and McDonald's expand their sweet offerings, Taco Bell is revealing a national dessert menu filled with churro doughnuts, caramel apple empanadas...
October 30, 2012 |
Taco Bell is giving out free Doritos Locos Tacos nationwide Tuesday afternoon in honor of the World Series, which the San Francisco Giants won in a four-game sweep of the Detroit Tigers. The Mexican-style chain, a sponsor of Major League Baseball, promised to offer the promotion if any player stole a base during the series. On Thursday night, Giants outfielder Angel Pagan delivered, stealing second base during the eighth inning of Game 2. On Tuesday, from 2 to 6 p.m., participating Taco Bells across the country will give out one free Doritos Locos Taco to guests.
October 18, 2012 |
Chipotle Mexican Grill Inc. enjoyed double-digit increases in both its net income and revenue in its third quarter, but consider Wall Street unimpressed. The burrito chain's stock is tanking following its after-market earnings release, with shares down nearly 13%, or $36.44, to $249.49. Profit for the quarter ended Sept. 30 came in at $72.3 million, or $2.27 a share, up 19.6% from $60.4 million during the same period a year earlier. Revenue was up 18.4% to $700.5 million. But analysts had expected Chipotle, long an investor darling, to hit higher marks.
October 5, 2012 |
Cooks County's Oktoberfest: Each Monday in October, Cooks County offers traditional German dishes paired with a featured beer or wine. On Oct. 8, Schnitzel Time! : rye pretzels with mustard, wiener schnitzel, potato salad, Stiegl Gold beer. On Oct. 15, Oktoberfest, Bavarian Style! : big Bavarian pretzel, house-made weisswurst and apfelspaetzle, Allagash Curieux beer. On Oct. 22, Pot Roast, the Germany Way! : buttery pretzels, sauerbraten with roasted root vegetables, Chouffe beer.
October 2, 2012 |
All it took for Chipotle Mexican Grill Inc.'s stock to tumble 7% in less than five minutes was a recommendation to short from hedge fund manager David Einhorn. The plunge was deep and immediate. The Greenlight Capital founder's concerns about the fast-casual chain's surging growth, price increases, problems with possible illegal immigrants and ability to shake off renewed competition from Taco Bell set off a mad sell-off Tuesday. Speaking at the Value Investing Congress in New York, Einhorn said Chipotle has ridden high in recent years, according to news reports . The company has been on a tear since late 2008, going from less than $40 a share to well over $400.
August 31, 2012 |
On KTLA-TV today, we gawped at Taco Bell's plan to introduce a Mountain Dew-and-orange juice concoction to its breakfast menu. We also looked at the latest moves toward a merger of American Airlines and US Airways, and a report showing that the jobs that are returning to the economy pay a whole lot less than the ones we lost.
August 31, 2012 |
Taco Bell doesn't serve wake-up calls quite like anyone else - the fast food chain has added a soda and orange juice mix to its breakfast menu called Mtn Dew A.M. The Mountain Dew and Tropicana concoction - think a non-alcoholic mimosa - joins the Mexican-style chain's new A.M. Crunchwrap. The offering contains scrambled eggs, cheese, a hash brown and sausage or bacon rolled up in a tortilla. Breakfast, which Taco Bell calls “FirstMeal,” is a growing segment of the fast-food cycle.
August 29, 2012 |
LOCO FOR DORITOS LOCOS Taco Bell has sold more than 200 million Doritos Locos -- tacos that feature a Doritos nacho cheese-flavored shell -- since it introduced the new menu item in March. It's the most successful new product in the chain's 50-year history. [ Los Angeles Times ] DABBA WALLAH MODERN Mumbai's dabba wallahs deliver 200,000 hot meals across the city on a daily basis -- a century-old service that office workers count on. For decades, home kitchens made these lunches, prices were cheap and the food was traditional.
August 28, 2012 |
Taco Bell has sold more than 200 million Doritos-flavored tacos since the fast-food treat debuted in March, making it the most successful new product in the chain's 50-year history. I don't know whether this is a tribute to Taco Bell's marketing skill or a commentary on the culinary tastes of the American people. The $1.29 Doritos Locos taco features a nacho cheese-flavored Doritos shell. It's stuffed with seasoned beef, lettuce and tomatoes, and served in a Doritos-branded "taco jacket.