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Tag Archives: fast food

Abner’s celebrates the success of 20 years of chicken

In January 1993, years ago, Abner White started small in Oxford. He had five tables, one cheap cash register, two small fryers, one griddle and a fountain drink machine. “That was it,” he said. He shared eight parking spaces with an adjacent gas station. The menu featured less than a half-dozen items – all fried to keep things simple, White ...

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Wendy's/Arby's shares climb on buyout talk

CHICAGO — Wendy’s/Arby’s Group Inc. Chairman Nelson Peltz says he has been approached by an unnamed group interested in possibly acquiring the restaurant company and says he is looking into it. Wendy’s/Arby’s shares climbed 48 cents, or 11 percent, to $4.82 in premarket trading today. Peltz, whose investment firm owns 23.5 percent of the Atlanta company’s shares, gave few details ...

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McDonald's cooks up more sales

OAK BROOK, ILL. — McDonald’s Corp. extended its winning streak in May as customers bought more of the fast-food chain’s cheap eats, the world’s largest burger chain said today. McDonald’s also said it will take a hit to its full-year profit because of the weak euro, which accounts for about 25 percent of its operating income. The burger chain said ...

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McDonald's growing in Russia

MOSCOW — McDonald’s will expand by 45 outlets in Russia by the end of this year, CEO James Skinner said Monday as the company marked the 20th anniversary of the opening of the first landmark restaurant under Soviet rule in 1990. The expansion will bring the number of McDonald’s in Russia to 290. “Russia is doing so well, we have ...

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