Corporate Operations: Page 15
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Deep Dive
9 campaigns that boosted the mood in 2022
Amid economic woes, an ongoing war and a series of controversies, efforts by McDonald’s, Domino’s and Chipotle found a way to cut through the noise.
By Peter Adams , Jessica Deyo , Sara Karlovitch • Dec. 14, 2022 -
Jack in the Box’s largest franchisee buys Nick the Greek
Anil Yadav’s YTG Enterprises has acquired a controlling stake in the 48-unit chain just over a year after it bought Taco Cabana for $85 million.
By Aneurin Canham-Clyne • Dec. 13, 2022 -
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 -
Jack in the Box CFO to resign
Tim Mullany, who oversaw the company’s $575 million acquisition of Del Taco, will leave his post in February after two years with the chain.
By Julie Littman • Dec. 13, 2022 -
Starbucks ties NFTs to loyalty program in beta launch
Starbucks Odyssey allows users to complete interactive challenges in exchange for NFTs and rewards points that unlock exclusive experiences.
By Jessica Deyo • Dec. 12, 2022 -
Franchise spotlight: Eggs Up Grill leans into hot breakfast segment, accelerates growth
Twenty-five years after opening its first restaurant in South Carolina, the breakfast chain signed a 30-unit development deal, its largest yet.
By Julie Littman • Dec. 12, 2022 -
Love’s grows franchise partnership with Bojangles next year
The retailer will open its 10th Bojangles in February in Jacksonville, Florida, as part of its 40-location franchise agreement.
By Brett Dworski • Dec. 12, 2022 -
Krispy Kreme appoints Mars exec as CFO
Long-time Mars executive Jeremiah Ashukian will take over the top finance role at the doughnut chain in January.
By Julie Littman • Dec. 9, 2022 -
Fiesta Restaurant Group CEO resigns, interim named
Dirk Montgomery, who has served as the company’s CFO since 2019, will act as interim CEO until the company finds a permanent replacement.
By Julie Littman • Dec. 9, 2022 -
Pret A Manger franchisee to develop 40 units in California
Dallas Holdings, which operates eight Pret cafes in the U.K., will open new units as the 550-unit chain aims to double its store count in five years.
By Julie Littman • Dec. 7, 2022 -
Sweetgreen COO to depart as chain inches toward profitability
Chris Carr will be replaced by SVP Stephanie Traut on Jan. 1 as the salad chain strives for profitability amid growing unit counts and financial losses.
By Aneurin Canham-Clyne • Dec. 7, 2022 -
Franchise spotlight: How Wings & Rings found new direction after rebrand
A year after changing its name, the company has boosted franchisee interest with discounted fees, new store designs and a more efficient POS system.
By Julie Littman • Dec. 7, 2022 -
Potbelly accelerates franchise momentum with 25 new units
Four existing franchisees plan to open additional units over the next six years, which will help the fast casual chain reach its goal of 2,000 units.
By Julie Littman • Dec. 6, 2022 -
California Pizza Kitchen appoints former Perkins exec as CEO
Jeff Warne, a CPK board member since 2020, will lead the chain as it prepares to grow domestically and internationally.
By Aneurin Canham-Clyne • Dec. 5, 2022 -
Papa Johns names first Latino CDO
Prior to this appointment, Elias Reyna worked as an HR lead for ABM Industries, Tesoro, Shell and Papa Johns.
By Caroline Colvin • Dec. 2, 2022 -
Rego Restaurant Group hires Zaxby’s exec to lead development
Vanessa Fox will oversee franchise-focused growth for Quiznos and Taco Del Mar, which are seeking scale through modular restaurant builds.
By Aneurin Canham-Clyne • Dec. 2, 2022 -
Subway, Chick-fil-A alert customers on lettuce crunch
Dole's COO warned of "complete crop failure in the industry" driven by extreme heat.
By Alejandra Carranza • Dec. 2, 2022 -
McDonald’s opens off-premise test unit in Texas
The restaurant, located near Fort Worth, Texas, features both a mobile order and traditional drive-thru lane, as well as a food and beverage conveyor belt.
By Aneurin Canham-Clyne • Dec. 2, 2022 -
Deep Dive
DoorDash’s expansion beyond the US will come with challenges
As DoorDash grows globally, it could face headwinds entering new markets, including competitive pressures and shifting consumer behavior.
By Julie Littman • Dec. 1, 2022 -
Popeyes teams with National Urban League to grow franchisee diversity
The civil rights organization will help Popeyes screen and recruit diverse franchisees as the brand continues its U.S. expansion, the chain said.
By Aneurin Canham-Clyne • Nov. 30, 2022 -
Smoothie King adds 3 executives to C-suite
The chain added chief marketing, information and people officers in a leadership shakeup intended to focus the company on growth.
By Aneurin Canham-Clyne • Nov. 29, 2022 -
Deep Dive
How DoorDash became the dominant US food delivery company
By focusing on communication with restaurant merchants, the aggregator has built products and features based on operator needs.
By Julie Littman • Nov. 29, 2022 -
Dutch Bros hires True Food Kitchen CEO as president
Christine Barone will join the coffee chain beginning next quarter and will help the brand reach its 4,000 unit target from its current count of over 600 units.
By Aneurin Canham-Clyne • Nov. 29, 2022 -
Drive-thru expansion is riddled with challenges, but restaurants reap the rewards
Chains are developing smaller stores, adding second drive-thru lanes and anticipating delays as they grow this off-premise channel.
By Julie Littman • Nov. 23, 2022 -
Jack in the Box predicts unit growth in 2023
A year after relaunching franchising, the chain is targeting positive net unit growth for the first time since 2019 and plans to operate in 40 states by 2030.
By Aneurin Canham-Clyne • Nov. 23, 2022 -
These 14 restaurant chains hired new CEOs in 2022
From Domino’s to Starbucks, some of the industry’s biggest players brought on new leadership to plot growth fueled by post-pandemic sales recovery.
By Julie Littman • Nov. 23, 2022