Corporate Operations: Page 29
-
How McDonald's boosts mobile growth with Famous Orders platform
The burger chain's celebrity tie-ups are a key part of driving app downloads and expanding membership in its new mobile-based loyalty program.
By Robert Williams • Sept. 1, 2021 -
Chipotle gamifies loyalty program with extra perks
The chain's new Extras feature allows members to access additional points and receive free items faster, personalized challenges and achievement badges.
By Emma Liem Beckett • Sept. 1, 2021 -
Explore the Trendline➔
sam edwards via Getty ImagesTrendlineMenu 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 -
Fat Brands to acquire Twin Peaks for $300M
The deal marks Fat's entry into "polished casual dining," a departure from its rosters of QSR, fast causal and casual restaurant brands, and is the company's second major purchase this summer.
By Emma Liem Beckett • Sept. 1, 2021 -
McDonald's suggests franchisees close dining rooms
The Golden Arches shared guidance with operators last week on how to shutter indoor seating in areas where COVID-19 cases exceed 250 per 100,000 people, according to Reuters.
By Emma Liem Beckett • Updated Aug. 30, 2021 -
Toast increases IPO to $825M
The point-of-sale company increased its proposed maximum offering price from $100 million on Monday and estimated that its IPO prices per share would range from $30 to $33.
By Julie Littman • Updated Sept. 13, 2021 -
45% of consumers say Subway should drop embattled Megan Rapinoe, survey finds
The U.S. soccer star, who appears in the chain's latest ad campaign, is facing backlash after kneeling at the Tokyo Olympics to protest racism.
By Chris Kelly • Aug. 18, 2021 -
Sweetgreen taps former Starbucks executive as new CTO
Wouleta Ayele comes to the salad chain after 16 years at Starbucks. She will help Sweetgreen scale its supply chain and develop its digital platform.
By Roberto Torres • Aug. 17, 2021 -
Q&A
Subway's CMO on why the brand's transformation is just beginning
Carrie Walsh details how the brand experimented with new channels and collaborated with agency partners on a campaign featuring top athletes.
By Chris Kelly • Aug. 13, 2021 -
Chipotle to settle EEOC charges of sexual harassment, retaliation
The worker whom the behavior targeted was fired three days after she said she planned to elevate the issue to corporate headquarters, EEOC said.
By Katie Clarey • Aug. 13, 2021 -
McDonald's requiring US corporate employees to get vaccinated
The decision comes as Chipotle mulls a mandate for its office workers, but the Mexican chain's CEO Brian Niccol says the company is waiting for COVID-19 vaccines to receive full FDA approval.
By Emma Liem Beckett • Aug. 12, 2021 -
Rising prices didn't hurt Q2 restaurant traffic, studies show
Diner spending at restaurants jumped 32% during the period as operators hiked their menu prices to cover labor costs and other inflationary pressures, according to The NPD Group.
By Alicia Kelso • Aug. 10, 2021 -
Stockholders sue McDonald's over the handling of Easterbrook firing
This complaint is similar to a suit filed recently against the Golden Arches and Morgan Lewis & Bockius that claims the probe was rushed and the law firm created "an information vacuum" at the company.
By Emma Liem Beckett • Aug. 9, 2021 -
Restaurants have hired 1.3M employees since January
With the addition of 253,000 jobs in July, the industry has now had seven straight months of employment gains.
By Julie Littman • Aug. 6, 2021 -
The image by Panera image by Mike Mozart/ Caribou image by Mack Male/ Einstein Bagel image by Phillip Pessar is licensed under CC BY 2.0 / Edited by Julie Littman/Restaurant Dive
Panera, Caribou, Einstein Bros. Bagels combine under Panera Brands platform
The formation of the group, which will have nearly 4,000 total locations, follows rumors that Panera Bread is considering going public.
By Julie Littman • Aug. 5, 2021 -
Retrieved from WoWorks on December 22, 2020
WOWorks hits gas on non-traditional unit growth
The restaurant company plans to open more than 70 locations this year, 61 of which will be nontraditional units like ghost kitchens or restaurants in airports, college campuses and grocery stores.
By Alicia Kelso • July 30, 2021 -
McDonald's investor sues chain for handling of Easterbrook exit
Phyllis Gianotti's complaint also alleges the restaurant's risk management structure gave the CEO position too much power and not enough oversight, allowing racial discrimination and sexual harassment to proliferate.
By Emma Liem Beckett • Updated July 30, 2021 -
Yum Brands accelerates gender parity deadline to 2025 from 2030
The move comes after the number of women in the company's senior leadership reached 47% last year, which is faster than expected.
By Alicia Kelso • July 28, 2021 -
Popeyes calls truce to chicken sandwich wars with nugget launch campaign
After instigating a frenzy with its chicken sandwich launch, the chain will donate 1 million nuggets — including those from rivals — to promote its new offering.
By Chris Kelly • July 28, 2021 -
KFC launches program to help employees build financial savings
The fried chicken chain's partnership with SaverLife offers workers the ability to earn points toward cash prizes for improving their financial health.
By Alicia Kelso • July 27, 2021 -
McDonald's asks court to dismiss Black franchisee's amended lawsuit
The second amended complaint by James and Darrell Byrd still does not meet the minimum requirements to satisfy discrimination claims, McDonald's said in a memorandum filed last week.
By Emma Liem Beckett • Updated Aug. 9, 2021 -
Retrieved from Beatnic on July 27, 2021
By Chloe becomes Beatnic as part of rebrand
With a new name and owners, the vegan chain, which emerged from bankruptcy earlier this year, plans to expand its concept further into New York City and beyond.
By Julie Littman • July 27, 2021 -
McDonald's creates team to elevate diner experiences
Golden Arches veteran Manu Steijaert will lead the customer experience division in the new position of EVP and global chief customer officer effective Aug. 1.
By Emma Liem Beckett • July 26, 2021 -
California Pizza Kitchen mulling sale or IPO, Bloomberg reports
The casual chain's annualized earnings for June are expected to be more than $10 million higher than they were before the pandemic, per Bloomberg.
By Alicia Kelso • July 26, 2021 -
McDonald's to allocate 25% of supply chain spend toward diverse businesses by 2025
The fast food chain is broadening its diversity goals beyond its corporate offices and restaurants, but accusations of inequity and prejudice within the company persist.
By Emma Liem Beckett • July 23, 2021 -
P.F. Chang's considering IPO, Bloomberg reports
The full-service chain could file to go public as early as this year and potentially have a valuation of at least $1 billion, the outlet said.
By Julie Littman • July 23, 2021