The first type of American: people who joyride the day's updrafts like marvelous, glossy crows. They easily recall the locations of treats encountered over their lifetime. They answer this question Glock-shot fast, as if they have been waiting to be asked it. They are happy.
To be part of our Hall of Fame, a company must rank for at least 25 years consecutively. In the Hall of Fame, brands are listed in descending order based on the number of years they have been ranked - starting at the top, with the three companies that have ranked every year that the Franchise 500 has existed.
However, in spite of these issues, some once-struggling restaurants are coming back from near extinction - and, often, changing how their businesses are run in the process. We're going to take a closer look at several different chains that, until recently, were not doing well but have managed to pull back from the brink (at least for now). It's not clear what the future holds for your favorite chain restaurants, but for the time being, it looks like these spots are making a comeback.
McDonald's ( NYSE: MCD) and Yum! Brands ( NYSE: YUM) face a punishing domestic landscape. QSR traffic from lower-income consumers declined by nearly double digits in the third quarter, a trend persisting for nearly two years. Rising labor costs, consumer pushback on pricing, market saturation, and value menu wars are eroding margins. India offers explosive growth: 1.4 billion people, median age of 29, a rapidly expanding middle class expected to reach 600 million by 2030, and massive underpenetration of Western QSR brands.
