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Danish website turns homes into take-away restaurants

A Danish website is turning private homes into take-away restaurants by letting users advertise what they are cooking, when and for what price. "Sometimes I only put one serving up for sale, sometimes up to 20. It depends on what I'm making and how much time I have," said Ana Teresa Salas, a 32-year-old consultant from Copenhagen. The website, Dinnersurfer.dk, is sometimes described as a restaurant version of the popular lodging site Airbnb, on which homeowners make their spare rooms or unoccupied dwellings available to paying lodgers for a fee.

Correction: Restaurant Sales story

NEW YORK, N.Y. - In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. It was $1.31 million, according to an estimate by restaurant industry tracker Technomic. A corrected version of the story is below: How Chipotle's average sales per restaurant rank How Chipotle's average sales per restaurant rank compared with other chains By CANDICE CHOI AP Food Industry Writer Chipotle restaurants are ringing up more sales than ever before.

El Pollo Loco picks Jefferies, Morgan Stanley for IPO: sources

By Olivia Oran and Greg Roumeliotis (Reuters) - El Pollo Loco Inc has selected investment banks Jefferies Group LLC and Morgan Stanley to lead an initial public offering of the private equity-owned fast-food chicken chain later this year, according to people familiar with the matter. The move makes El Pollo Loco the latest among several private equity-backed restaurant chains hoping to go public this year amid strong demand by stock market investors hungry for exposure to the fast-growing casual dining sector.

Victoria McDonald's blacklisted amid foreign workers controversy

VICTORIA - Three Victoria McDonald's restaurants were put on a federal blacklist Monday for alleged abuses of the Temporary Foreign Worker Program, prompting the fast food chain to move quickly to cut ties with the franchise owner. Federal Employment Minister Jason Kenney also suggested criminal charges could result against the owner if he lied on the original application to employ temporary foreign workers.

Taco Bell continues teasing McDonald's with 'Old MacDonald' tune in new ad

NEW YORK, N.Y. - Taco Bell is taking another jab at McDonald's in a new ad for its breakfast menu. The fast-food chain will begin airing a TV spot that is set to the tune of "Old MacDonald Had a Farm" and shows a man who has been eating Egg McMuffins since 1984. After trying Taco Bell's breakfast, the man trims his mullet, switches to tighter pants, gets a smartphone and takes down his "Loverboy" poster.

McDonald's giving out free coffee for limited time as fast-food breakfast rivalry heats up

NEW YORK, N.Y. - McDonald's is offering free coffee to its customers for a limited time as competition for the breakfast crowd intensifies. The world's biggest hamburger chain announced Friday that participating U.S. locations will offer small cups of McCafe coffee at no charge during breakfast hours from March 31 through April 13. McDonald's said that this is the first time it's ever had a free coffee event nationwide. Its McCafe product line, which also includes iced coffees and other drinks, debuted in the U.S. in 2009.

Taco Bell taps real-life Ronald McDonalds in television ads to promote new breakfast menu

NEW YORK, N.Y. - Taco Bell is name-dropping an unlikely clown to promote its new breakfast menu — Ronald McDonald. The fast-food chain will begin airing ads Thursday that feature everyday men who happen to have the same name as the McDonald's mascot known for his bright red hair and yellow jumpsuit. The ads, by Oscar-winning director Errol Morris, are intended to promote Taco Bell's new breakfast menu, which features novelties like a waffle taco.

Highlights of Ronald McDonald's career as a marketing icon

NEW YORK, N.Y. - Ronald McDonald evidently hasn't lost his magic. Taco Bell is using real-life people named Ronald McDonald in a marketing campaign to promote its new breakfast menu, a nod to the famous clown known for his bright red hair and a yellow jumpsuit. The chain is hoping to go after McDonald's, the No. 1 player in breakfast. Though Ronald has faded to the background in McDonald's own advertising, Taco Bell's appropriation of the name is a testament to the spokesclown's lingering cultural power.

Yum CEO's pay falls 22 per cent to $10 million after company misses performance target

NEW YORK, N.Y. - Yum CEO David Novak saw his pay package drop 22 per cent to $10 million last year as the parent company of KFC, Taco Bell and Pizza Hut fell short of its performance targets. The drop in pay from $12.8 million the previous year was the result of a lower performance-based bonus, reflecting the troubles that have beset the company's important China division.

Wendy's rolls out mobile payment after Burger King; McDonald's still testing

NEW YORK, N.Y. - Wendy's is rolling out a program that lets customers pay using their smartphones, following a similar plans unveiled by Burger King this week. The Wendy's Co., based in Dublin, Ohio, has been testing the mobile payment option over the past year and said the majority of its roughly 5,800 U.S. locations are now ready to accept the payments. The move reflects a push by fast-food chains to court younger customers by tapping into the attachment they have to their phones.
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