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- Checkers & Rally’s CEO says Americans’ demand for fast-food value is ...
Checkers & Rally’s is leaning into value as Americans remain squeezed by higher everyday expenses, with the fast-food chain’s CEO saying consumers’ demand for affordability has intensified over the past couple of years.The chain is offering a $4 Unbeatable Meal Deal, priced at $5 in select markets, as restaurants compete for increasingly price-conscious customers. Checkers & Rally’s CEO Chris Tebben said the company has seen firsthand how strongly consumers respond when prices come down.Checkers & Rally’s first launched a $4 version of the meal deal around May 2025, and Tebben said the company saw an improvement in transaction trends after its introduction."I think it was around the May timeframe in '25 and certainly saw the consumer respond, and the trend in our transaction was much improved," Tebben told FOX Business.BURGER KING REVAMPS MENU ITEM AFTER CUSTOMERS SOUGHT 'TOTAL OVERHAUL'The response comes as consumers continue to grapple with higher costs for everyday necessities, putting pressure on restaurants to convince customers that eating out is worth the expense."I think we've seen over the last couple of years the need for value continues to intensify and, let's face it, consumers are continuing to feel the pressures of a lot of everyday necessities and I think that's why affordability plays such an important role when they choose to spend some of that money for an away from home occasion," Tebben said.Restaurant prices have continued to rise, adding to the cost pressures facing consumers. Prices for food away from home have climbed over the past year, including at limited-service restaurants such as fast-food chains.The pressure on consumers presents a difficult equation for restaurant operators, which have faced their own rising expenses while trying to keep menu prices attractive.PIZZA HUT MAKES SURPRISING CHANGE TO ICONIC NAME AHEAD OF NFL SEASON"Certainly what we're trying to do with value. Value has always been at the heart of our brand. And so it's certainly more difficult in today's economic environment in terms of inflation and food costs to make that equation work," Tebben said.Tebben said Checkers & Rally’s has worked to improve its core food costs, giving the company more room to invest in value offerings while still making the economics work for the company and its franchisees."We're certainly trying to drive more than our fair share of consumer occasions with the value offering. And then we're always mindful of that balance to have to make sure that it… [TheTopNews] Read More.5 hours ago - Why college athletes should ‘live like college students’ despite six...College football season is kicking off and some young athletes taking the field around the country will be seeing an influx of income from name, image and likeness (NIL) and revenue sharing deals, which can pose financial challenges as they look to manage those funds.NIL first took hold in college sports in 2021 and monetary compensation for student athletes recently evolved to include revenue sharing directly with the colleges they're playing for. For some players, they may earn six- or seven-figures in income through those deals – particularly at colleges in the power four (P4) conferences, including the Big Ten, SEC, ACC and Big 12 or for players competing in college football and basketball.Gordon Whittaker, a wealth management advisor and managing director at Merrill Lynch, told FOX Business that whether student athletes are likely to play professionally after their college careers end, it gives them the chance to build financial habits and a foundation that can serve as a springboard for their futures."The earlier you can establish financial habits… the more likely that it is to be effective and the more likely it is to stick. And so extending that period of time and giving the opportunity for these young men and women to earn money earlier in their careers, earlier in their lives, expands that opportunity to start to really build those financial habits," he said.JOEL KLATT'S 10 BURNING QUESTIONS GOING INTO THE 2026 COLLEGE FOOTBALL SEASON"The majority of the conversations that we're having with these young people is about being a good steward of those funds and building those positive financial habits," Whittaker said.He said that while college athletes are in school, "their budget ought to be very small in terms of what they need to spend. Whether they're a star player on a P4 football team or they're a backup on a second- or third-tier school, they don't have a lot of ongoing expenses, so anything they receive ought to be at an incremental savings rate.""We just encourage them to live like college students and retain those assets, start to own assets and allow that force of compound interest to take effect over the next several decades," Whittaker said. "Even small dollar amounts turn into massive dollar amounts if given enough time."SEC FILES BOMBSHELL LAWSUIT AGAINST LSU, LANE KIFFIN WHILE PRO PLAYERS FIGHT FOR THEIR ELIGIBILITY IN COURTOne area that Whittaker said advisors are trying to instill… [TheTopNews] Read More.7 hours ago
- GM vs. Ford: U.S. defense, energy sectors add to automakers’ century-old r...
General Motors and Ford are looking for new potential growth areas, including by seeking military contracts and getting into energy storage businesses. [TheTopNews] Read More.7 hours ago - What Led to Maria Bartiromo’s Downfall at Fox News
The network this week took Maria Bartiromo off the air, pulling one of the last hosts whose coverage of Dominion Voting Systems drew an expensive defamation lawsuit. [TheTopNews] Read More.10 hours ago - Will a Turnaround Plan Revive Volkswagen or Merely Delay Its Demise?The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to revive an iconic German company? [TheTopNews] Read More.10 hours ago
- California Forever’s Ambitious Plan Faces Another SetbackA legislative setback for a manufacturing and housing proposal shows how hard it remains to build in the largest state — and why a backlash against billionaires could make it even harder. [TheTopNews] Read More.10 hours ago
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