Categories
Hit-Or-Miss

Top 6 Food News Stories of the Week [VIDEO]

Summer is in full swing, and that means, there are plenty of summer-related and heat-inspired food stories to cover for the week ending in June 29th.

This week, we were witness to a woman who got in a car crash and left her kids to eat ice cream in the nude. If that’s not summer, I don’t know what is.

Also making headlines this week was Carl’s Jr.’s promotion that will grant customer’s a free Grilled Cheese Bacon Burger if you come to a restaurant dressed as Spiderman. Rounding out the week’s most popular stories include high food prices in Canada, deep fried cereal at summer fairs, a questionably ironic Wendy’s Frosty giveaway and the Popeyes partnership with Zatarains.

Categories
Deals

Dress Like Spider-Man, Get a Free Grilled Cheese Bacon Burger [DEAL]

In the spirit of free food items, Chipotle will urge you to dress like a burrito, Chick-fil-A asks that you dress like a cow…and now Carl’s Jr. and Hardee’s restaurants, in the hopes of a free Grilled Cheese Bacon Burger, are asking their patrons to dress like Spider-Man.

Come July 4th, if you come dressed as Spider-Man to any participating Carl’s Jr. or Hardee’s restaurant, you’ll be treated to a free Amazing Grilled Cheese Bacon Burger. The chain urges participants not to wear masks if you plan to exploit the free burger option…here’s the fun commercial:

Categories
Fast Food

Carl’s Jr. Parent Company to File for $100-million IPO

Facebook isn’t the only company with eyes set on a public offering this week, looks like the fast food game is looking to get in on some of the action.

CKE Inc., the parent company that operates Carl’s Jr. and Hardee’s chains, has just filed for an initial public offering of stock that could raise an estimated $100 million.

The registration statement filed yesterday with the Securities and Exchange Commission notes that the company has yet to determine the size of the offering or an estimated price range. This is also not the company’s first time in the public offering rodeo. In fact, the restaurant, started by Carl Karcher back in the 1940s, has had quite a roller coaster past.

In 1981, the company went public; in 1997 CKE acquired the Hardee’s chain and then in 2010 the entire company was taken private when it was bought by private equity firm Apollo Management for nearly $700 million.

There’s very little information out about why the move to go public is happening now. According to reports and recap by the LA Times, CKE’s last fiscal year suffered a $19.3-million net loss while revenue slipped 3.9% to $1.3 billion.

To CKE’s credit, before being bought by Apollo, they were a part of a series of declines when the recession hit.

According to rumors, the chain might be launching a new burger next week…possibly a Grilled Cheese Bacon Burger.