Corporate Operations: Page 12
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Little Caesars signs 10-unit NYC franchise deal
The pizza chain is seeking multi-unit operators as it targets growth in the New York City area over the next few years.
By Aneurin Canham-Clyne • Feb. 24, 2023 -
Panera adds annual membership, $0 delivery to drinks subscription
The plan offers customers a roughly 17% discount on the Unlimited Sip Club, whose members account for about 25% of the chain’s traffic.
By Aneurin Canham-Clyne • Feb. 23, 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 -
Papa Johns names chief corporate affairs officer
Madeline Chadwick brings over two decades of communications experience into her new role at Papa Johns, where she has worked since 2018.
By Julie Littman • Feb. 21, 2023 -
Why 2023 isn’t the best time for restaurants to go public
Cava filed a confidential IPO earlier this month and other restaurants are rumored to go public this year, but analysts are worried about chains’ compressed margins and profitability struggles.
By Julie Littman • Feb. 21, 2023 -
Norms appoints CKE vet as CEO, president
Eric Wyatt, who has worked for Starbucks, Yum Brands and Panera, plans to expand the 24/7 diner beyond Southern California next year.
By Julie Littman • Feb. 17, 2023 -
DoorDash shifts C-suite as COO retires
CFO Prabir Adarkar will take over as COO and president March 1 as Christopher Payne retires. Ravi Inukonda, VP of finance and strategy, will act as CFO.
By Julie Littman • Feb. 17, 2023 -
How Sweet Paris Creperie & Cafe grew from a craving to an expanding chain
Co-founders Allison and Ivan Chavez aim to scale the restaurant company from 12 to 100 U.S. locations by 2031.
By Julie Littman • Feb. 17, 2023 -
Whataburger expands rewards, switches to points-for-dollars model
The chain’s new loyalty program offers customers 10 points per $1 spent, and appears to have a general discount rate between 5.8% and 8.3%.
By Aneurin Canham-Clyne • Updated Feb. 16, 2023 -
Burger King is fighting to boost sales, restaurant margins
The chain says its $400 million Reclaim The Flame brand overhaul is improving sales and profits despite franchisee difficulties.
By Aneurin Canham-Clyne • Feb. 15, 2023 -
Chipotle tests new brand with Kitchen United
The fast casual concept, Farmesa Fresh Eatery, will fully open next month in Santa Monica, California, and serve as a testing ground for new techniques.
By Aneurin Canham-Clyne • Feb. 15, 2023 -
Grocery inflation continues to decline in January, but still outpaces menu prices
Food-at-home prices rose in January at an 11.3% annual rate, the lowest rate increase since April 2022, while menu prices increased 8.2%, the third consecutive month of deceleration.
By Sam Silverstein , Julie Littman • Feb. 15, 2023 -
Subway confirms it is looking to sell
The sandwich chain has enlisted JP Morgan to advise its sale exploration process, but did not offer estimates of when the sale might occur.
By Aneurin Canham-Clyne • Feb. 14, 2023 -
Restaurant Brands International promotes Joshua Kobza to CEO
Kobza, who has worked at the company for 11 years and currently serves as COO, will become RBI’s top executive on March 1.
By Julie Littman , Aneurin Canham-Clyne • Feb. 14, 2023 -
Taco Cabana promotes COO to president, looks to relaunch franchising
Ulyses Camacho, who has worked at the chain for 15 years, will oversee all aspects of its operations and retain his COO responsibilities.
By Aneurin Canham-Clyne • Feb. 10, 2023 -
Jeremiah’s Italian Ice plans to triple its units through franchising
After hitting 100 units in 2022, the company will open 45 stores this year as it aims to reach 300 locations.
By Julie Littman • Feb. 10, 2023 -
Papa Johns COO resigns
Max Wetzel, who has held his current title since May, will leave the pizza chain on March 17 to become CEO at another company.
By Julie Littman • Feb. 10, 2023 -
Whataburger hires Starbucks, McDonald’s vet as COO
Debbie Stroud, Starbucks SVP for U.S. retail, will take the role effective Feb. 15 during a growth period for the chain.
By Aneurin Canham-Clyne • Feb. 10, 2023 -
Wendy’s aims to cut 47% of greenhouse gas emissions by 2030
The chain wants to trim emissions from corporate operations and work with suppliers and franchisees to make its restaurants more efficient.
By Aneurin Canham-Clyne • Feb. 9, 2023 -
How Chipotle’s focus on training, internal promotions drove record employee retention
With 90% of its restaurants fully staffed, traffic has already shown signs of improvement in January.
By Julie Littman • Feb. 8, 2023 -
Yum sales boosted by Pizza Hut Melts, Taco Bell Mexican Pizza
Value-heavy menu items were key to driving visits among lower-income diners, Yum CEO David Gibbs said on the company’s Q4 earnings call.
By Aneurin Canham-Clyne • Feb. 8, 2023 -
Fat Brands opened a record number of stores in 2022
Last year’s 142-unit expansion could be surpassed by the 175 units slated to open in 2023 as Fat works toward launching 1,000 units in its pipeline.
By Julie Littman • Feb. 7, 2023 -
Buffalo Wild Wings promotes Tristan Meline to CMO
The full-service chain promoted the VP of brand management to CMO several months after shifting Buffalo Wild Wings’ previous CMO to Arby’s.
By Aneurin Canham-Clyne • Feb. 7, 2023 -
Wendy’s first to test Roku, DoorDash deal around shoppable TV ads
The first-of-its-kind partnership lets DoorDash merchants place click-to-order offers within Roku ads that they can attribute, target and measure.
By Chris Kelly • Feb. 7, 2023 -
Krystal hires Slutty Vegan vet as VP of operations
Jermaine Walker will help support the brand’s drive to staff up and open new units as it aims to reach 500 restaurants by 2027.
By Aneurin Canham-Clyne • Feb. 6, 2023 -
Little Caesars hires former Wendy’s exec as CFO
Leigh Burnside, who left Wendy’s in January, will aid the pizza chain as it grows its accounting team and store count.
By Aneurin Canham-Clyne • Feb. 6, 2023