Corporate Operations: Page 10
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Subway adds 6 sandwiches to latest menu
The sandwich giant’s revamped menu has helped improve its brand positioning over the last year as it pursues a sale at a $10 billion valuation.
By Aneurin Canham-Clyne • May 1, 2023 -
Fat Brands names co-CEOs after Wiederhorn family members fill half of board seats
Ken Kuick and Rob Rosen, Fat’s current CFO and EVP of capital markets, will take the reins of the company effective May 5, replacing Andy Wiederhorn.
By Aneurin Canham-Clyne • May 1, 2023 -
Trendline
Menu development
Restaurants big and small are experimenting with their menus to align with the preferences of on-the-go diners and mitigate the impact of rising food costs, supply chain disruption and shrinking consumer discretionary funds.
By Restaurant Dive staff -
Ben & Jerry’s recognizes scoopers’ union following card check
The ice cream chain may be the first national brand to sign a set of principles that have formed a core demand in other campaigns, including Starbucks Workers United.
By Aneurin Canham-Clyne • Updated June 1, 2023 -
7-Eleven VP departs for Wingstop
Raj Kapoor will oversee the chicken chain’s growth and development strategy for international markets.
By Brett Dworski • April 27, 2023 -
Inspire Brands hires new HR chief
Natalie Rothman, Inspire’s incoming chief people officer, has led the HR efforts of large employers including Advance Autoparts and PepsiCo global foodservice.
By Aneurin Canham-Clyne • April 27, 2023 -
McDonald’s price hikes are boosting sales, but some diners are pulling back
The chain wants to drive value for customers with menu tweaks and personalized offers, but CEO Chris Kempczinski said the latter effort requires “sophistication.”
By Emma Liem Beckett • April 25, 2023 -
California Pizza Kitchen turns to refranchising to drive growth
The chain, which launched domestic franchising in 2021, plans to sell corporate-owned units in select U.S. markets to multi-unit operators.
By Aneurin Canham-Clyne • April 24, 2023 -
Inspire appoints brand presidents across 3 restaurant chains
The company has promoted existing employees to leadership roles at Sonic, Arby’s and Buffalo Wild Wings.
By Julie Littman • April 13, 2023 -
Fiesta Restaurant Group makes interim CEO permanent
Since becoming interim CEO in December, Dirk Montgomery has been working on various initiatives to improve company transactions and margins.
By Julie Littman • April 13, 2023 -
Starbucks appoints litigator to general counsel
Brad Lerman brings over 30 years of legal and regulatory experience in the public and private sectors to his position at the coffee giant.
By Julie Littman • April 13, 2023 -
Meridian closes 23 Burger Kings in bankruptcy
Burger King’s U.S. franchisees have closed at least 49 units this year as the brand’s turnaround efforts are restrained by macro-economic problems.
By Aneurin Canham-Clyne • April 12, 2023 -
Playa Bowls poaches Smoothie King COO for CEO
Dan Harmon brings decades of franchising and operational experience from his tenure at chains including McDonald’s, Papa Murphy’s and Potbelly.
By Emma Liem Beckett • April 11, 2023 -
Chipotle tests an environmentally ‘responsible’ store design
Chipotle’s new store design will feature all-electric equipment and be powered by renewable energy, the chain says.
By Aneurin Canham-Clyne • April 11, 2023 -
Wienerschnitzel targets 500 units after years of flat growth
By offering sizable incentives and highlighting a simple menu and operations, Wienerschnitzel hopes to resume franchise expansion.
By Aneurin Canham-Clyne • April 10, 2023 -
Fat Brands stacks board with Wiederhorns
The restaurant company has fired all but one of its directors and replaced them with a slate of new candidates, including three of Andrew Wiederhorn's kids.
By Aneurin Canham-Clyne • April 7, 2023 -
McDonald’s to close US field offices, consolidate support teams
The Golden Arches will shift its national support field teams to remote work, enabling it to close regional offices in eight states, per Restaurant Business.
By Aneurin Canham-Clyne • Updated April 7, 2023 -
Sweetgreen renames burrito bowl following Chipotle suit
Marketing and social media interactions for Sweetgreen’s new Chipotle Chicken Burrito Bowl are at the heart of the lawsuit against the salad chain.
By Aneurin Canham-Clyne • Updated April 6, 2023 -
Port of Subs acquired by private equity firm
Area 15 Ventures looks to grow franchise sales in its portfolio, which includes Daddy’s Chicken Shack alongside Port of Subs, by 140% in 18 months.
By Aneurin Canham-Clyne • April 4, 2023 -
Burger King franchisee bankruptcies may signal more QSR trouble
The bankruptcy of two major Burger King operators laid bare the problems facing franchisees. But at Burger King, the worst may be over.
By Aneurin Canham-Clyne • March 31, 2023 -
Who’s who: Meet the newest CEOs of the restaurant industry
Chains like Starbucks, Restaurant Brands International, CKE Restaurants and True Food Kitchen gained new leadership during Q1.
By Julie Littman • March 29, 2023 -
Church’s Texas Chicken creates VP of strategy and growth position
Neel Patel, formerly of McKinsey, will oversee the brand’s strategic planning. He previously worked on strategy and analytics for the restaurant.
By Aneurin Canham-Clyne • March 28, 2023 -
McDonald’s is the latest QSR to embrace geofencing
The feature is designed to improve speed of service for mobile orders and streamline the order preparation process for McDonald’s workers.
By Emma Liem Beckett • March 28, 2023 -
Luckin Coffee’s ‘revenue reckoning’ takeaways
The Beijing-based chain was initially viewed as a kind of David poised to take on the Goliath of the coffee world — Starbucks — in China.
By Maura Webber Sadovi • March 23, 2023 -
True Food Kitchen appoints Lazy Dog exec as CEO
John Williams joins the 43-unit, wellness-focused chain as it looks to grow and open a new fast casual concept to reach new customers.
By Julie Littman • March 23, 2023 -
KFC nuggets open new front in chicken wars
The nuggets will be available nationwide on March 27 following “wildly successful” market tests in North Carolina.
By Aneurin Canham-Clyne • March 23, 2023