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Enterprise leverages NCAA sponsorship for March Madness.Continue reading...

Things haven’t been great at Wendy’s in recent years, but now it looks like the little pigtailed redhead has got plenty to smile about.

The chain hired a new CEO, Emil Brolick, last September. He called the chain’s recent financial troubles “self-inflicted wounds” at the company’s earnings call in late January, according to the Associated Press.

Wendy’s sold off Arby’s last summer, which was the start of its transition. Since Brolick’s arrival from Yum! Brands, Wendy’s has moved firmly into the growing fast-casual movement by “sprucing up the chain's locations and stressing the importance of good service,” MSN reports. "We've made great progress in getting rid of those F restaurants and getting more A's and B's, but we're still in that territory," Brolick stated in January.

Its improvement has also come from the introduction of new items on its menu, such as the W burger, which is “two patties of 100% pure beef, two slices of American cheese, thick-sliced tomato, and (the company’s) savory signature sauce — all on a buttered, toasted bun” for $2.99.

The restaurant also updated its trademark burger by introducing a revamped Dave's Hot 'N Juicy cheeseburger with a thicker patty and more cheese than its previous offering, and a back-to-its-roots marketing campaign that evoked the brand's legacy by featuring the original Wendy — Wendy Thomas, the daughter of founder Dave Thomas — in advertising and local appearances.Continue reading...

Apple hires Dixons CEO as new retail chief, while iPad sales propel Apple to top of PC market over HP. Apple patent challenger Samsung, meanwhile, faces EU inquiry.

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Carrefour names yet another CEO in turnaround struggle.Continue reading...

After everybody blows their budgets at holiday time, consumers generally go into a brief hibernation of sorts. They eat at home and start scraping their pennies together again for the next time they need to show some consumer confidence.

USA Today takes note of how fast-food establishments are going to do everything they can to keep those consumers coming out and spending their dollars, though “a key indicator for the industry, foot traffic, was down 0.6% in the third quarter of 2011,” according to a new report from NPD Group, and “restaurant visits in the first half of 2012” are projected to be “flat.”

So what tactic will the industry pull out to lead hungry Americans their way? Deals!Continue reading...

Apple reportedly plans in-store branded boutiques at Target, while the iPhone's new Siri feature is said to double mobile data usage.

Porsche and Volkswagen compensation claims increase, while VW closes market cap gap with Toyota and looks to expand in China and India.

Dunkin' Donuts gears up to double number of U.S. locations.

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Do not adjust your computer monitors — yes, that's British actor Clive Owen in an - ahem - cheesy spot for Burger King Spain, and not a celeb commercial spoof by Funny or Die. (Watch the spot's 'making of' below.) Other than appearing as "The Driver" in The Hire, the award-winning series of short films for Mercedes-Benz directed by Guy Ritchie and featuring his then-wife, Madonna, Owen isn't known for commercial endorsements.

Back in the U.S., Burger King is about to be unseated from its "perennial No. 2" position in the burger wars, the Wall Street Journal reports, with Wendy's poised to take over second spot in U.S. sales for 2011, following McDonald's. According to year-end projections by market research firm Technomic for the Journal, "Americans are expected to spend more than $175 billion at fast-food restaurants this year, up about 3% from 2010. Wendy's U.S. same-store sales are forecast to rise 1.1%, while Burger King's U.S. and Canada same-store sales will drop 3.9%."Continue reading...

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