Corporate Operations: Page 52
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Coke, McDonald's logos deliver AR content via Snapchat Scan
The visual search feature will allow McDonald's users to unlock three lens by scanning french fry boxes, food trays and burger wrappers.
By Robert Williams • Dec. 20, 2019 -
British invasion: How LEON plans to dominate — and change — American fast food
The London-based QSR's fresh, quality ingredients have pitted it against U.S. fast casuals, but the chain's founder wants to "reinvent McDonald's" so that it's healthy, sustainable and fun.
By Emma Liem Beckett • Dec. 20, 2019 -
10 of the most impactful restaurant acquisitions of 2019
Restaurants and private equity continued to be active buyers this year as restaurant leaders explored ways to grow amid labor and declining traffic pressures.
By Julie Littman • Dec. 20, 2019 -
Private equity firm acquires 117 Pizza Hut restaurants
Triton Pacific's purchase comes after the pizza chain made plans to restructure its business to address high debt levels and lack of access to capital.
By Alicia Kelso • Dec. 19, 2019 -
Shake Shack in-houses AOR staff
Joining the QSR's marketing team, Agency Within employees will focus on digital experiences such as the recent food delivery deal with Grubhub.
By Robert Williams • Dec. 19, 2019 -
Subway's executive shuffle continues with 3 more exits
After a new CEO and CMO take the helm, two senior execs are retiring and one is departing due to company restructuring.
By Lauren Manning • Dec. 19, 2019 -
Chipotle tests pickup windows as part of digital push
The new design will be tested in six restaurants with various formats and include premium placement of built-in pickup areas.
By Julie Littman • Dec. 19, 2019 -
McDonald's to roll out mobile app payment technology starting in UK
The chain's partnership with Dutch tech company Adyen NV to process mobile app payments furthers the company's focus on technology worldwide.
By Julie Littman • Dec. 18, 2019 -
Bojangles' to open 40 locations in Love's Travel Stops
The fast food chain, which decreased unit count in recent years, will expand into Illinois, Oklahoma, Arkansas and Mississippi as part of the development deal.
By Lauren Manning • Dec. 18, 2019 -
Restaurant transactions down 7% during Thanksgiving
Both casual dining and QSRs logged higher declines of 8%, according to the NPD Group, but hope still remains for a strong holiday season given positive overall economic indicators.
By Julie Littman • Dec. 16, 2019 -
Blue Bottle, aiming for 'zero waste' in 2020, could eliminate to-go coffee cups
The upscale coffee chain's goals mirror a larger shift as more and more companies target their waste footprints. The no cup pilot will begin in two California locations.
By E.A. Crunden • Dec. 13, 2019 -
Column
Shift Change: Jack in the Box CEO to depart; McDonald's names international president
This week's Shift Change also highlights executive news from Black Bear Diner, Potbelly, Dunkin' Brands, Garden Fresh Restaurants, Nathan's Famous, Noodles & Company and Pizza Hut.
By Julie Littman • Dec. 13, 2019 -
WeWork shutters restaurant coworking startup Spacious
Spacious, which turns high-end restaurants into coworking spaces during off-peak times, will close at the end of the year, making it the latest casualty in WeWork’s failed IPO.
By Alicia Kelso • Dec. 13, 2019 -
McDonald's lands major labor win in 2-1 ruling
The National Labor Relations Board absolved McDonald's as a joint employer from responsibility for labor violations brought forward in 2012 by Fight for $15 and other labor groups.
By Emma Liem Beckett • Dec. 12, 2019 -
Potbelly CFO departs for Planet Fitness
Four-time CFO Tom Fitzgerald is leaving Potbelly Corp. on Dec. 27 after one year as finance chief; the Chicago-based sandwich chain is searching for a replacement.
By Jane Thier • Dec. 12, 2019 -
Cava secures $40M in latest funding round
The company has now raised over $459 million in funding and is worth over $578 million.
By Julie Littman • Dec. 12, 2019 -
Jack in the Box CEO stepping down
Lenny Comma will exit the fast food chain at an unspecified date after 18 years with the restaurant and six years as chief executive. The chain has no successor in place.
By Emma Liem Beckett • Dec. 11, 2019 -
Chipotle gives away burritos on Instagram
The QSR chain is offering free burritos to the first people who respond by text message to its short-lived Instagram posts.
By Robert Williams • Dec. 11, 2019 -
IHOP flips into fast casual segment with new concept
The restaurant chain will open Flip'd by IHOP in Atlanta in April, with locations in New York City, Washington D.C., Denver and San Francisco under consideration for next year.
By Julie Littman • Dec. 11, 2019 -
McDonald's could sell 250M Beyond Meat burgers annually in US, report says
Though the fast food giant is only selling 20 to 30 plant-based burgers per day in its Canadian test, UBS predicts the product would eventually drive strong sales if sold in America.
By Lauren Manning • Dec. 11, 2019 -
Wendy's outsourcing IT, expects up to $15M restructuring costs
The chain expects severance and related employee costs to be between $8 million and $9 million.
By Samantha Schwartz • Dec. 11, 2019 -
Famous Dave's parent grilling up new concepts
BBQ Holdings is opening a new concept in Oklahoma with pitmaster Travis Clark called Clark Crew BBQ as part of its strategy to become a multi-brand company.
By Alicia Kelso • Dec. 10, 2019 -
Chicken Salad Chick bought by new private equity firm
The chain grew system sales seven-fold under previous majority owner Eagle Merchant Partners, and plans to roll out 250 new stores in the next five years.
By Lauren Manning • Dec. 9, 2019 -
Dive Awards
Innovator of the Year: Kitchen United
The startup has an aggressive growth plan to open 400 kitchen centers in the next few years, helping launch more delivery-only restaurants and differentiating itself with integrated tech platforms.
By Julie Littman • Dec. 9, 2019 -
Dive Awards
Restaurant of the Year: Chick-fil-A
The QSR's customer service and focus on technology have driven meteoric growth, making it the third-largest U.S. restaurant chain despite negative publicity and city bans.
By Julie Littman • Dec. 9, 2019