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Sept. 2, 2021, 9:58 a.m. EDT

Burger King Sets up Loyalty Program in U.S.

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Sep 02, 2021 (Baystreet.ca via COMTEX) -- Burger King is taking its rewards program nationwide amid a broader push from the Restaurant Brands International /zigman2/quotes/202094900/composite QSR -2.07% chain to invigorate its U.S. business.

The chain is on track to have two-thirds of its U.S. footprint offer the loyalty program in restaurants by the end of September. The program is already nationwide for orders placed through its mobile app and website.

The Royal Perks program gives customers 10 "crowns" for every $1 spent at the chain's restaurants. Members can redeem their points across the majority of the menu and will receive free daily perks, like upsizing drinks or fries.

Burger King's North American Chief Marketing Officer Ellie Doty said that the first wave of members has predominantly been customers who have already been using its app and website. With the restaurant-level launch, it's hoping to draw in frequent consumers who prefer to order via the drive-thru lane or counter. Doty declined to provide Burger King's current membership total.

The pandemic has accelerated the online ordering boom for restaurants, pushing McDonald's /zigman2/quotes/203508018/composite MCD -0.39% , Wendy's /zigman2/quotes/204070192/composite WEN -0.94% and now Burger King to roll out rewards programs. In the year ended March 2021, digital orders surged 124%, according to market researcher the NPD Group.

Loyalty programs from such names as Starbucks /zigman2/quotes/207508890/composite SBUX +0.18% and Chipotle Mexican Grill /zigman2/quotes/200781108/composite CMG -1.49% help those companies grow their base of app users, learn more about their customers and encourage more frequent visits.

QSR shares grabbed 30 cents to $64.97

COMTEX_392635070/2559/2021-09-02T09:58:14

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/202094900/composite
US : U.S.: NYSE
$ 57.63
-1.22 -2.07%
Volume: 2.71M
Oct. 26, 2021 4:00p
P/E Ratio
23.86
Dividend Yield
3.68%
Market Cap
$18.56 billion
Rev. per Employee
$955,385
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/zigman2/quotes/203508018/composite
US : U.S.: NYSE
$ 236.42
-0.92 -0.39%
Volume: 3.07M
Oct. 26, 2021 4:00p
P/E Ratio
25.75
Dividend Yield
2.33%
Market Cap
$177.25 billion
Rev. per Employee
$96,039
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/zigman2/quotes/204070192/composite
US : U.S.: Nasdaq
$ 22.13
-0.21 -0.94%
Volume: 1.93M
Oct. 26, 2021 4:00p
P/E Ratio
27.07
Dividend Yield
1.72%
Market Cap
$4.98 billion
Rev. per Employee
$123,845
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/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 114.92
+0.21 +0.18%
Volume: 5.95M
Oct. 26, 2021 4:00p
P/E Ratio
48.13
Dividend Yield
1.71%
Market Cap
$135.25 billion
Rev. per Employee
$67,371
loading...
/zigman2/quotes/200781108/composite
US : U.S.: NYSE
$ 1,748.48
-26.50 -1.49%
Volume: 254,410
Oct. 26, 2021 4:02p
P/E Ratio
70.19
Dividend Yield
N/A
Market Cap
$49.87 billion
Rev. per Employee
$68,007
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