McDonald's is using an AI-driven pricing platform that suggests menu prices for individual franchise locations based on local customers' willingness to pay, according to Reuters. The system tracks whether franchisees deviate from its recommendations, and researchers found a Big Mac priced 21% higher at one Fresno store than another just two miles away. McDonald's says the tool offers recommendations rather than mandates and called the reporting 'speculative and uninformed.'
tech.slashdot.org
· 2026-09-29
Golden Corral president and CEO Lance Trenary, who has worked at the buffet chain for 41 years and led it since 2015, told Fox Business that staying close to customers and staff by visiting restaurants is a habit he'll never abandon. He said he personally knows franchisees and managers across the chain's nearly 400 locations in 42 states, which serve about three million guests weekly. Trenary also acknowledged the chain is facing a difficult 2026 due to rising fuel, labor and food costs.
entrepreneur.com
· 2026-09-29
Yum! Brands has finished divesting Pizza Hut, selling its non-China operations to private equity firm LongRange Capital for $1.5 billion after already selling Pizza Hut China to Yum! China Holdings for $1.2 billion. Yum! could earn up to $75 million more by 2030 if Pizza Hut meets performance benchmarks, while CEO Chris Turner said the move frees the company to focus on KFC, Taco Bell and Habit Burger & Grill.
entrepreneur.com
· 2026-09-03
Yogurtland executive Bon-Die Fortner says franchisee turnover is almost nonexistent, with operators renewing and expanding rather than exiting. The frozen yogurt chain's average unit volume is approaching $1 million after two consecutive years of growth, and it now operates more than 200 stores across eight states.
entrepreneur.com
· 2026-08-28
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