Restaurant Brands International is investing another $300 million to remodel around 1,100 Burger King locations in the US. This is part of RBI's broader $2.2 billion plan to revive the Burger King brand in the US through renovations by 2028. RBI previously invested $250 million in remodels and $150 million in mobile apps and advertising. RBI also bought Burger King's largest franchisee, Carrols Restaurant Group, for $1 billion to accelerate the remodel process. Remodeled locations have seen sales climb following an updated "Sizzle" design with drive-thru pickup and kiosks.
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00:00It's Benzinga, and here's what's on the block.
00:02Restaurant Brands International is investing another $300 million to remodel around 1,000
00:07Burger King locations in the U.S. This is part of RBI's broader $2.2 billion plan to revive the
00:13Burger King brand in the U.S. through renovations by 2028. RBI previously invested $250 million
00:20in remodels and $150 million in mobile apps and advertising. RBI also bought Burger King's
00:26franchisee Carroll's Restaurant Group for $1 billion to accelerate the remodel process.
00:31Remodeled locations have seen sales climb following an updated sizzle design
00:35with drive-thru pickup and kiosks. For all things money, visit Benzinga.com.