University of Michigan

Anybody expecting a quick improvement in fast-food traffic isn’t getting much hope from some of the industry’s top executives.

Consumer confidence rises, but people remain nervous about high prices and job security, according to the University of Michigan’s latest survey.

Consumer behavior defies rational expectations, with a disconnect between consumers' collective dour mood and their actual fiscal resources.

Franchises are well-positioned to prosper in inflationary times, but unit performance and expansion decisions may be affected.

Inflation is expected to slow system growth and force price increases for franchises.

Checkers and Rally's has found success in targeting the millennial crowd with its value-based menu and convenient drive-thru model.