I remember when Carl’s first came out with this, the pitch was basically a “burger that tastes like it costs six dollars, but at a lower price,” or some such. Apparently that six dollar burger will cost you close to six dollars now, and in a small combo? Seven bux plus. I rolled into our… Continue reading Nationwide – Carl’s Jr. – The Six Dollar Something Burger
Tag: Carl’s Jr
Carl’s Jr. Update
(OPINION) Investor Norman Peltz (Wendys/Arbys group, says he wants to play too, is studying CKE financials to see if he wants to bid. Peltz is an activist investor, and as head of Triarc Companies, has hit a couple home runs (let’s not talk about Snapple, tho). On the other hand, TH Lee, the first bidder,… Continue reading Carl’s Jr. Update
Lee Bags Carl Karcher
CKE, parent of Carl’s Jr and Hardee’s picked up by Thomas Lee Partners for close to a billion, including debt assumption. Lee also holds big stakes in Dunkin’ Donuts and Baskin Robbins. This is the second big food deal this week, with the news that Diamond Foods (DMND) of California has gobbled up Kettle Foods… Continue reading Lee Bags Carl Karcher
The Burger Wars Start Sizzlin’
McDonald’s launches Angus, Carl’s and Hardee’s take umbrage. An article in the WSJ yesterday chronicles the marketing efforts of these three as they attempt to garner a larger share of the large burger market. Feeling that the McD angus was a copycat of CKE’s (Carl Karcher Enterprises, parent company of both Carl’s Jr and Hardees),… Continue reading The Burger Wars Start Sizzlin’