Corporate Operations: Page 73


  • Global food delivery companies struggle to reach profitability

    Shares of Chinese delivery giant Meituan Dianping have dropped more than 20% since September, as the company drives sales in exchange for profit. 

    By Alicia Kelso • Nov. 26, 2018
  • Q&A

    Q&A: Panda Express carries the Chinese-American torch, 35 years later

    Culinary director Jimmy Wang shares how the restaurant has evolved since its launch in 1983 and how iconic menu items like orange chicken acclimated U.S. consumers to Chinese food.

    By Kristine Sherred • Nov. 26, 2018
  • Food waste reduction is a high priority for U.S. diners, study shows

    Seventy-two percent of American consumers care about how businesses handle food waste, and nearly half would pay more for restaurants with food recovery plans. 

    By Kristine Sherred • Nov. 26, 2018
  • Beyond Meat's future has ties to a successful tea maker

    Seth Goldman founded organic tea maker Honest two decades ago. Today, he has an executive role at the maker of plant-based products and notes the many similarities between the two companies.

    By Christopher Doering • Nov. 26, 2018
  • Yum Brands names Target CEO as non-executive board chairman

    The appointment of Brian Cornell, a veteran of PepsiCo Americas Food as well as Sam's Club and Safeway, could signal a continued focus on international expansion. 

    By Kristine Sherred • Nov. 21, 2018
  • Jack in the Box franchisees dispute lease restructuring to new property company

    The franchisee association alleges the burger chain's proposed strategy to move leases under a new property company could leave owners high and dry.

    By Kristine Sherred • Nov. 20, 2018
  • Jollibee expansion to bring more Filipino fried chicken to US, Canada

    The company calls the move to open 250 locations between the two countries just its first steps in becoming a top five quick-service restaurant. 

    By Kristine Sherred • Nov. 19, 2018
  • Panera intensifies breakfast competition by adding delivery

    The fast casual giant, which began delivery in 2014, announced it will add breakfast delivery to 381 cafes for orders of $5 or more. 

    By Alicia Kelso • Nov. 19, 2018
  • Survey: Restaurant remodels still cost less than building from the ground up

    Median costs for a brand-new restaurant land around $650,000 versus $425,000 to retrofit a space for foodservice, yet profits end up equal, according to a survey of 580 operators.

    By Kristine Sherred • Nov. 16, 2018
  • Free mug-share program wants to replace paper coffee cups

    Eco-friendly startup Vessel has partnered with four Colorado cafes, where customers can use an app to grab a reusable stainless steel mug that can be returned at other shops or kiosks near transit stations.

    By Kristine Sherred • Nov. 16, 2018
  • Uber Eats courier
    Image attribution tooltip
    "The image" by shopblocks is licensed under CC BY 2.0
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    Will Uber's rewards program be enough to create delivery loyalty?

    The company is rolling out a tiered loyalty system, which is applicable to both its ride-hailing and food delivery services, to nine U.S. cities.

    By Alicia Kelso • Nov. 15, 2018
  • Punch Bowl Social hires executive culinary director

    The Denver-based eatertainment concept's focus on its food offerings, which drive 89% of company sales, could make it a competitive rival for both barcades and traditional eateries.

    By Kristine Sherred • Nov. 15, 2018
  • Brazil's leading delivery app iFood snags $500M

    Processing nearly 400,000 orders per day, the app and its parent company Movile try to differentiate themselves from competitors by offering analytics, an online marketplace and financial services products.

    By Kristine Sherred • Nov. 15, 2018
  • KFC steps into streetwear with collection from famed Japanese designer Nigo

    Gear for the "fashionable, finger lickin' hypebeasts of the world" will be available at a New York pop-up on Nov. 16.

    By Erica Sweeney • Nov. 15, 2018
  • Chick-fil-A launches nationwide delivery with DoorDash

    The chain began testing the service in select markets in 2017, and is also experimenting with locations specifically designed for delivery fulfillment only. 

    By Alicia Kelso • Nov. 14, 2018
  • Starbucks is laying off 5% of corporate employees

    Jobs in marketing, creative, product, technology and store development will be eliminated or shuffled.

    By Kristine Sherred • Nov. 14, 2018
  • Another activist investor takes a stake in Jack in the Box

    Blue Harbour Group disclosed a 6.8% stake in the chain with a goal of holding management talks about capital structure and strategic alternatives. 

    By Alicia Kelso • Nov. 13, 2018
  • Frustrated Papa John's franchisees hire lawyer as sales slip

    The chain's restaurant owners' association, which claims operators have been "left to fend for themselves," has hired industry attorney Robert Zarco for representation in talks with the company and former chairman John Schnatter. 

    By Alicia Kelso • Nov. 12, 2018
  • Moe's invests in store remodels, street-style menu items

    After years of steady growth, the chain is turning to its Southwestern roots for menu inspiration and a more sophisticated in-store experience.

    By Kristine Sherred • Nov. 12, 2018
  • Can a sale drive a Papa Murphy's turnaround?

    Following its third-quarter earnings report, Papa Murphy's hired North Point Advisors to "evaluate strategic alternatives," including a possible sale.  

    By Alicia Kelso • Nov. 9, 2018
  • Honeygrow to shutter all Chicago stores

    Despite recent investments, the salad and stir-fry chain has struggled to keep up with high rent and employee training, especially in the dense cities of Chicago, New York and Washington, D.C.

    By Kristine Sherred • Nov. 9, 2018
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    Impossible Foods
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    Impossible Burger will be sold in grocery stores next year

    The move into retail will add to the approximately 5,000 restaurants in all 50 states where the plant-based burger is now available — a huge jump from about 50 restaurants a year ago.

    By Cathy Siegner • Nov. 9, 2018
  • Sonic president will lead the chain after Inspire deal closes

    Claudia San Pedro, a 12-year-veteran of the drive-in restaurant company, will join Inspire Brands' executive team when longtime Sonic CEO Cliff Hudson retires at the end of the year.

    By Kristine Sherred • Nov. 8, 2018
  • Papa John's 'Voices' campaign helps shift brand perception

    Following efforts to use storytelling to put a more relatable face on the company, consumer sentiment moved from negative to neutral or positive.

    By Erica Sweeney • Nov. 8, 2018
  • El Pollo Loco ordered to fix franchisee contracts to open new stores

    More than half of the chain's locations are franchised, and operators aren't happy with the company's decision to open corporate-owned stores in close proximity to their longstanding restaurants.

    By Kristine Sherred • Nov. 7, 2018