Corporate Operations: Page 23

  • A picture of a diamond red sign that has "Fatburger" in yellow letters.
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    The image by Tony Hisgett is licensed under CC BY 2.0
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    Fat Brands plans to open 900 new restaurants in 5 years

    The aggressive expansion strategy would raise the company’s total location to over 3,200 while also adding $50 million in incremental adjusted EBITDA. 

    By • Aug. 2, 2022
  • A McDonald's store is shown in Houston, Texas.
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    Brandon Bell via Getty Images
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    McDonald’s names global CIO following other executive changes

    Brian Rice will serve on the global senior leadership team as EVP and global CIO, reporting directly to CEO Chris Kempczinski.

    By Lindsey Wilkinson • Aug. 1, 2022
  • A photograph of chefs in a kitchen. Explore the Trendline➔
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    sam edwards via Getty Images
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    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
  • Two smiling men standing together
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    Retrieved from USHG on August 01, 2022
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    Danny Meyer to resign as CEO of USHG

    Chip Wade, currently Union Square Hospitality Group president and COO, will take the top leadership position in the full-service restaurant group, effective Sept. 6. 

    By • Aug. 1, 2022
  • An image of various chicken wings products and French fries inside green containers.
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    Courtesy of Wingstop
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    Wingstop expects its food costs to shrink this year

    The chain is experiencing a 19% drop in chicken wing costs, allowing it to lean more heavily on value offerings as other restaurants hike menu prices. 

    By • July 29, 2022
  • McDonald's McPlant
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    Courtesy of McDonald's
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    McDonald’s US plant-based burger test is over

    The company said the test “concluded as planned,” but the news comes amid analyst speculation of low product sales.

    By • July 28, 2022
  • A man and woman looking at receipts inside a cafe
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    Ridofranz via Getty Images
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    Study: Over one-third of restaurant operators implementing hiring freezes

    Despite an ongoing labor shortage, 4% of small restaurant owners said they are cutting staff, a July Alignable report also found. 

    By Alicia Kelso • July 28, 2022
  • A woman and man at a cash register
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    Courtesy of Chipotle
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    Chipotle plans 4% menu increase in August

    The price hike will help offset rising operating costs due to increased wages and inflation, especially around dairy, tortillas and packaging.  

    By • July 27, 2022
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    hapabapa via Getty Images
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    McDonald's digital sales top $6B across top 6 markets

    Digital channels account for about a quarter of the chain’s sales in the U.S.

    By • July 27, 2022
  • Three side-by-side images of smartphone screens showing grocery e-commerce features, like a barcode scanning tool.
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    Uber; Getty Images

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    Uber is looking to change its ‘frustrating’ US grocery experience

    After a rough launch with Cornershop two years ago, Uber is aiming to course-correct by adding new features on Eats for customers, workers and retailers.

    By Catherine Douglas Moran • July 27, 2022
  • A building with the words "Kitchen United Mix" on the exterior
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    Permission granted by Kitchen United
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    How Kitchen United's new access to grocery stores, malls will fuel its growth

    With $100 million in fresh funding under its belt, the ghost kitchen operator will build out its tech stack and expand within new and existing markets. 

    By • July 26, 2022
  • Matthew Walls, Caribou Chief Franchise Officer
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    Courtesy of Caribou Coffee
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    Caribou Coffee appoints first chief franchise officer

    Matthew Walls will oversee the chain’s franchise expansion. Caribou Coffee added franchising to its U.S. system in October.

    By • July 26, 2022
  • Bellagreen
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    Courtesy of Ampex Brands
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    Ampex Brands acquires American bistro concept Bellagreen

    The franchise group plans to introduce the eight-unit chain in every major metro area, Ampex CEO Tabbassum Mumtaz said.

    By Alicia Kelso • July 25, 2022
  • An image of a sign hanging on a window that says "Now Serving Open Oven Baked Goodness"
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    Michael M. Santiago via Getty Images
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    Domino's US carryout same-store sales rise 14.6% in Q2

    Bolstered by a boost week in late June and its $3 tip campaign for carryout customers, carryout continued to outperform delivery sales.

    By • July 21, 2022
  • A woman in a green apron at a coffee counter waves off camera
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    Retrieved from Starbucks on July 11, 2022
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    Starbucks faces 'indefinite' strike at a Boston cafe

    Baristas are refusing to work for an unspecified amount of time, demanding that the chain replace a store manager and bolster staffing across shifts.

    By • July 21, 2022
  • A person with blond hair and braids in a blue sweater colors with a red crayon at a restaurant table, a menu on their left.
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    Jesse Grant/Getty Images via Getty Images
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    Chili's names George Felix as new CMO

    The executive previously held leadership roles at Pizza Hut, KFC and Tinder, with his latest appointment arriving at a time of rebuilding for Chili’s. 

    By Sara Karlovitch • July 20, 2022
  • A car at a window picking up an order from a restaurant
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    Permission granted by Salad and Go
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    Former Wingstop CEO joins Salad and Go

    Charlie Morrison, who became part of Salad and Go’s board in 2020, will lead the chain as it grows from 60 to 90 units by the end of the year. 

    By • July 19, 2022
  • Ordering takeout and delivery convenience food from an online Asian restaurant delivery meal from a smart phone.
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    YinYang via Getty Images
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    ChowNow CEO: More restaurant tech industry layoffs are coming

    The company had one of its best sales months in June, but rising interest rates and more expensive capital has Chris Webb preparing for a financial hurricane.

    By • July 19, 2022
  • Five people in black uniforms working a makeline at a Chipotle restaurant
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    Permission granted by Chipotle
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    Report: Chipotle remains cheaper than rivals despite menu price hikes

    The chain is about 10% less expensive than Qdoba and Moe’s Southwest Grill, a survey from BTIG indicates. 

    By Alicia Kelso • July 18, 2022
  • A hand holding a smartphone that shows a menu for a restaurant
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    Retrieved from sunday on July 15, 2022
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    Restaurant payments app Sunday cuts staff, exits 60% of its markets

    The startup, which launched just 16 months ago, will pull out of four of its seven markets to focus on the U.S., U.K. and France. 

    By • July 15, 2022
  • ChowNow Order Better Network
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    Permission granted by ChowNow
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    ChowNow lays off almost 100 employees

    The company, which helps restaurants create digital ordering storefronts across multiple social platforms, said the job cuts will ensure long-term stability.

    By • July 15, 2022
  • A white table with hands reaching out toward food items like hamburgers, sushi and French fries.
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    Permission granted by C3
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    C3's chief strategy officer is out

    The virtual restaurant company didn’t disclose when Pasha Mehran, Uber Eats’ former head of ghost kitchens, left the role or why. 

    By • July 15, 2022
  • Gopuff
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    Courtesy of Gopuff
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    What's next for Gopuff and rapid delivery as the young industry hits 'an inflection point'?

    The company’s struggles and those of newer startups in the space could offer an opening for established grocers, sources say.

    By Jeff Wells , Sam Silverstein , Catherine Douglas Moran • July 15, 2022
  • An exterior shot of a Red Robin restaurant, which is lit from inside, at night
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    The image by Cbraccialini is licensed under CC BY-SA 4.0
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    Red Robin taps former Torchy's Tacos chief as CEO

    G.J. Hart will become president and CEO of the burger chain effective Sept. 6 and will continue to serve as a member of its board. 

    By • July 14, 2022
  • An exterior of a beige building with the words "Smoothie King" in red next to a red crown logo on the outside.
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    The image by Michael Rivera is licensed under CC BY-SA 4.0
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    Smoothie King hires new chief development officer to support expansion

    Chris Bremer, who comes from Nothing Bundt Cakes, will oversee franchise development, real estate, design and construction departments.

    By Alicia Kelso • July 14, 2022
  • An image of a vending machine that serves bao buns, potstickers and bowls.
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    Permission granted by Wow Bao
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    Wow Bao to open 50 vending machine kiosks in 24 cities

    Hot steam buns and dumplings will now be available in hotels, hospitals, bars, schools, airports and casinos through Automated Retail Technologies’ Just Baked Hot Food kiosks.

    By • July 13, 2022