Who's Winning the Burger Wars <b></b>

New York--McDonald's Corp.'s share of the fast-food hamburger market dipped last year, while No. 3 hamburger chain Wendy's International Inc. boosted its market share for the fifth straight year, according to a survey issued by food-service consulting firm Technomic. McDonald's had a 43 percent share of the hamburger quick-service restaurant market in 2001, down from 43.1 percent in 2000 and 1999. Burger King, the No. 2 hamburger chain, also saw a decline, seeing its share drop from 19.6 percent in 1999 to 18.8 percent in 2000 and 18.4 percent in 2001.

Wendy's share rose to 13.2 percent last year from 12.7 percent in 2000 and 12.2 percent in 1999. Unlike its two bigger rivals, which compete on price, Wendy's is boosting share without discounting core menu items, according to Technomic. -Reuters

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.