Wendy’s performance has been based on the economy, consumers’ preferences, and spending patterns in the US. International expansion will have its own complexities.
QSCC (Quality Supply Chain Co-op, Inc.) is an independent non-profit organization that’s responsible for the Wendy’s (WEN) supply chain management.
Labor costs are almost 33% of the total cost of sales. A rise in minimum wages from $8.25 per hour to $13–$15 per hour could mean a 10%–15% increase in cost of sales.
According to a study by researchers at John Hopkins University, the arsenic in served chicken isn’t healthy. It could increase consumers’ cancer risk.
There’s a growing trend among various fast food restaurants to add healthy menu options in order to target customers who are calorie conscious.
Wendy’s (WEN) announced its plans to invest in consumer-facing technology. It developed a new common system-wide PoS system.
The Image Activation program was positive for Wendy’s same-store sales growth. It produced a higher average check.
Experts believe that Wendy’s new outlets have a fast-casual restaurant look. The new generation is attracted to fast-casual restaurants.
From 2011 to 2012, Wendy’s (WEN) started its Image Activation program. It’s a program to remodel restaurants. It plans to remodel almost 1,331 restaurants.
In 2013, Wendy’s (WEN) announced a System Optimization Initiative program as part of its brand transformation strategy.
Wendy’s franchise agreements are only renewable after ten years. Wendy’s rental income from franchisees grew from $27 million in 2013 to $68 million in 2014.
Wendy’s move towards franchising had a positive impact on the bottom line. It plans to franchise 500 more restaurants by 2016.
Wendy’s (WEN) is one of the world’s largest fast food hamburger companies. It has over 6,500 restaurants in North America. It operates in about 30 countries.
Real average hourly earnings, on a seasonally adjusted basis, for non-farm employees decreased by 0.1% in February 2015 to $10.5, compared to January.
The unemployment rate in the month of February 2015 moved down to 5.5% from 5.7% in January.
The Johnson Redbook Index and the Retail Economist-Goldman Sachs Weekly Chain Store Sales Index are two key retail sales indices that measure same-store sales on a weekly basis.
The US retail and food sales, adjusted for seasonal variation, fell by 0.6% in February 2015 to $437 billion, compared to January 2015.
The total consumer credit for January increased at a seasonally adjusted annual rate (or SAAR) of 4.2%, or $11.6 billion, to $3,327.9 billion.
Lower gasoline prices can translate into higher spending on discretionary items like apparel and accessories.
The Consumer Sentiment Index for March 2015 declined to 93 from 95.4 in the month of February due to slightly higher gas prices and bad weather.