The Latest
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Courtesy of KFC Canada
How Yum Brands generates sales, cultural impact with a three-pronged marketing framework
Former CEO Greg Creed and CMO Ken Muench went deep on an R.E.D. strategy — also the subject of their new book — that has turned brands like Taco Bell into category trendsetters.
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Courtesy of Grubhub
Grubhub promotes CFO Adam DeWitt to CEO
Following the completion of Just Eat Takeaway's acquisition, Grubhub founder and CEO Matt Maloney will join JET's management board.
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Courtesy of Dutch Bros
Dutch Bros Coffee files for IPO
The company expects to double its unit growth in the next three to five years with a focus on suburban markets.
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Retrieved from Krispy Rice on June 16, 2021
C3, Chowly partner to bring virtual brands to 10K restaurants
The collaboration will allow C3, which is currently in 250 kitchens, to rapidly expand through Chowly's network of enterprise and small restaurant clients.
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Scott Olson via Getty Images
Yelp records its highest seated diners total ever in May
The number of diners seated via the platform, which surpassed pre-pandemic highs, was up by 48% in May 2021 compared to May 2019.
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Drew Angerer via Getty Images
SBA rescinds approval of 3K Restaurant Revitalization Fund applications after discrimination claims
The agency revoked approvals of women, veteran and other disadvantaged applicants after Texas and Tennessee judges issued injunctions on the disbursement of the funds, arguing the prioritization of certain operators was unconstitutional.
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Permission granted by &pizza
&pizza offers $500 bonus to fully vaccinated employees
The incentive, provided to new hires and current employees, builds on the chain's previous offerings of paid-time off and subsidized transportation to get COVID-19 shots.
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Courtesy of Jack in the Box
Jack in the Box duets with Jason Derulo on virtual restaurant brand
One in a Milli will be exclusively available to diners in Los Angeles via Uber Eats, and launches as the chain plans to open up to eight ghost kitchens in three states through Reef Technology this summer.
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Retrieved from Chipotle Mexican Grill, Inc. on June 14, 2021
Chipotle airs first national TV ad starring athlete as hype around Olympics builds
A spot featuring soccer player Julie Ertz promotes the brand's largest celebrity-curated menu to date, which is only available on digital and mobile channels.
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Courtesy of PR Newswire
Restaurant365 acquires restaurant management platform Compeat
Both companies provide similar solutions aimed at simplifying day-to-day operations, including accounting, inventory, scheduling, payroll and HR management, and the combined firm will serve over 28,000 restaurants.
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Spencer Platt via Getty Images
NYC City Council considers allowing restaurant surcharges after pandemic
Restaurants would only be allowed to use these fees, which cap at 15%, if they pay all of their employees a minimum wage of $15 per hour before tips.
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Courtesy of Toast Inc.
Toast buys back-office tech provider
The acquisition will allow the POS company to offer insights into profitability by menu item, as well as automation and intelligence tools to streamline tasks like managing inventory and tracking margins.
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Joe Raedle via Getty Images
Papa John's store owners pay $3.25M to settle drivers' vehicle reimbursement suit
It's not the first time a class of delivery drivers has filed suit over wage and hour claims related to reimbursements.
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Lawmakers push for $60B refill of the Restaurant Revitalization Fund
This infusion would help cover the nearly $50 billion in requested funds that RRF could not fulfill before closing on May 24, and is supported by a bipartisan group of elected officials.
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Spencer Platt via Getty Images
New York launches $800M small business grant program
Restaurants do not qualify for the COVID-19 Pandemic Small Business Recovery Grant Program, which offers funds between $5,000 and $50,000, if they received money from the Restaurant Revitalization Fund.
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Court dismisses lawsuit accusing McDonald's of racial discrimination
A judge said the plaintiffs, led by Black franchisee owners James and Darrell Byrd, did not provide sufficient evidence of specific discrimination experienced by the operators named in the case.
UPDATED: June 10, 2021 at 9:53 a.m. -
Scott Olson via Getty Images
Shake Shack taps Goldman Sachs analyst as new CFO
Katherine Fogertey will take the reins at the publicly listed fast casual chain on June 14.
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Dan Kitwood via Getty Images
Court: McDonald's must face claims of sex harassment, assault
The restaurant argued a worker at a St. Louis franchise failed to establish it jointly employed her, but a judge disagreed.
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Sarah Silbiger via Getty Images
Quit rate for restaurant workers hits all-time high
Hiring levels reached 1.2 million in April for the accommodation and foodservice sector, but it also recorded the highest quit rate of any industry at 5.6%, according to the U.S. Bureau of Labor Statistics.
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Courtesy of Burger King
Burger King trolls Chick-fil-A with LGBTQ donations during Pride
The latest escalation of the chicken sandwich wars is a not-so-subtle dig at a company with a history of donating to anti-LGBTQ charities.
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Courtesy of Starbucks
Starbucks resurrects reusable cup program after pandemic hiatus
The chain will restart the program on June 22 with a new contactless process that reduces touchpoints between employees and diners.
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Chris Hondros via Getty Images
Ghost kitchen provider JustKitchen to raise $20M as it plots US expansion
The company will enter Seattle and several California cities as part of its international growth plan, and will use the funds to develop software and build more spoke kitchens.
UPDATED: June 9, 2021 at 10:54 a.m. -
Permission granted by Kitchen United
Kitchen United launches licensing partnership with UK-based chain
Camile Thai, which operates in Ireland and the United Kingdom, will offer delivery and takeout exclusively at Kitchen United MIX locations, providing the ghost kitchen operator a new way to diversify its brands.
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Spencer Platt via Getty Images
Report: 62% of Manhattan employees expected to return to offices by September
Despite the expectation of a growing office population, flexible work-from-home arrangements remain a concern for restaurants and bars in the Big Apple.
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Michael M. Santiago via Getty Images
Report: 25% of online restaurant orders in 2020 were for delivery
For third-party delivery, guests spent about 32% more than takeout patrons, but after the pandemic these guests only spent 10% more than takeout customers, Paytronix found.
