SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Burger King and Popeyes are reportedly expecting more changes in their menu lineup as inflation and labor shortage start to bite. The problem with staffing has been forcing the Restaurant Brands International Inc. (RBI) fast-food brands to offer smaller menu options and reduced comparable in-store sales for the Louisiana fried chicken chain.
As per Food Business News, the chief executive officer of RBI, José E. Cil, said during the company's financial results report last week that the inflation coupled with the ongoing labor shortage is bringing about many changes at the company. But he said that they are taking action and proactively approaching the issues to improve the situation.
The chief executive mentioned some of the things that RBI has done so far. He shared that they have expanded its support for field and training teams, good packages for hiring and work retention, and put in efforts to simplify back of house system to make work in restaurants easier for both the staff and franchisees. Still, RBI is expecting price increases and menu changes for Burger King and Popeyes.
"On pricing, we took price in 2021 at each of our brands, and given the level of commodity cost and labor inflation we are seeing, we expect additional price increases in 2022," FBN quoted the chief as saying. "And are working closely with franchisees to make the best decision for guests and our franchisees' Profit and Loss."
Thomas Curtis, Burger King US and Canada president, added that in December, they have implemented the first two waves of menu simplification and dropped low-volume items from the menu. He explained that they had to do this so that staff can focus on serving customers with the most ordered food items.
On this note, it was revealed that Burger King will be focusing more on its Whopper line this time since this is also what the brand is most known for. Curtis said last week that The Whopper will be their main point from now on since the flame-grilling was what really made their brand great. He added that this is also the same thing that will make them prominent going forwards.
