Restaurants
Wendy's, the No. 3 U.S. fast-food hamburger chain, has renewed its 10-year soft-drink agreement with Coca-Cola, forcing franchisees who currently serve Pepsi drinks to switch once their contracts expire. The deal includes a $100 million contribution from Coca-Cola to Wendy's national advertising campaign over the
Restaurants
Vornado Realty Trust, a leading real estate investment trust, has agreed to purchase the Market Square Complex in High Point, North Carolina, for $100 million in stock. The complex, which encompasses approximately 1.05 million net square feet, includes several surrounding properties such as the Market Square, Hamilton Market, Furniture
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High Point businessmen Jacob Froelich, Dave Phillips, and George Lyles have agreed to sell the Market Square showroom complex and two other furniture showrooms to Vornado Realty Trust, a New Jersey-based real estate investment trust. The $100 million purchase includes 1 million square feet of showroom space, an eighth of
Restaurants
A recent study by Corporate Edge consultants has found that the Church of England is less effective in listening to its congregation compared to major corporations like McDonald's. The survey, which ranked organizations based on their willingness to hear the public, placed the Church in the 9th position,
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McDonald's has announced a second round of price cuts on hamburgers in Japan, while Rockwell Electronic Commerce has secured a pact with RSL Com, an international telecom carrier. First Health Group Corp. has reported a higher profit in the second quarter, with revenue jumping 84% to $126.7
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The High Point Planning and Zoning Commission has given the green light to an 88-acre development on Tarrant Road, which will feature 450 townhouses and apartments, as well as office buildings. The project's developers, Willard Tucker and Barry Siegal, plan to begin construction by October 1, with completion
Restaurants
The California Tomato Commission's perseverance has paid off after eight years of working to export California tomatoes to Japan's fast-food industry. McDonald's, with 2,200 outlets in Japan, launched its Deluxe Burger featuring California tomatoes in June, with 75 metric tons shipped in the
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Patti Bond's article highlights Atlanta's business growth, with iXL Inc. rising to the top of AdWeek's top 50 U.S. interactive advertising agencies, alongside New York-based Agency.com. Both companies reported $60 million in Web-based advertising revenue for the 12 months ended in March.
Restaurants
In a significant development for the Chicago metropolitan area, Mastercraft Vending and Coffee Service and Grubb & Ellis Co. have announced major contracts with prominent companies. Mastercraft has been selected as an authorized distributor for Caribou Coffee Company Inc., while Grubb & Ellis has been chosen as the real estate
Restaurants
Dick McDonald, a visionary entrepreneur and co-founder of McDonald's, the world's largest fast-food chain, passed away in New Hampshire at the age of 89. Alongside his brother Mac, Dick McDonald revolutionized the food industry with their innovative quick-service restaurant concept, which featured a streamlined menu, efficient
Restaurants
Nelson Mandela, the President of South Africa, is set to wed Graca Machel on Saturday, his 80th birthday, in a private ceremony at his home in Johannesburg. Machel is the widow of Mozambican President Samora Machel. Presidential spokeswoman Priscilla Naidoo has stated that the president's office was not
Restaurants
EarthShell Corporation, a development-stage company focused on licensing and commercializing a proprietary composite material for the food service industry, has announced the completion of the design phase for its project to build three production lines for Sweetheart Cup Company to manufacture EarthShell hinged lid sandwich containers for McDonald's
