Corporate Operations: Page 2
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Pinstripes keeps itself afloat with $7.5M loan
The troubled eatertainment chain was suspended from the New York Stock Exchange and won’t appeal its delisting, as its lender takes an 85% share in the company.
By Aneurin Canham-Clyne • March 7, 2025 -
Wendy’s wants to open 1K stores in 3 years
The burger brand is planning to globalize its supply chain and build up geographical strongholds outside the U.S.
By Aneurin Canham-Clyne • March 6, 2025 -
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 -
Applebee’s hopes renovations, dual-branding will prevent more closures
Dine Brands will remodel 30 restaurants it acquired from franchisees last year to help revive the ailing casual dining chain.
By Aneurin Canham-Clyne • March 5, 2025 -
Taco Bell targets $3M AUV
The brand wants its Cantina Chicken Menu and beverage orders to each account for $5 billion in yearly sales by the end of the decade.
By Aneurin Canham-Clyne • March 4, 2025 -
Domino’s launches stuffed crust pizza, encroaching on Pizza Hut
Internal research showed as many as 13 million Domino’s customers ordered stuffed crust pizza from competitors each year.
By Aneurin Canham-Clyne • March 3, 2025 -
Bloomin’ slows US growth to focus on Outback turnaround
With same-store sales slipping, Bloomin’ is changing its strategy, trimming its menu and devolving power to brand presidents.
By Aneurin Canham-Clyne • Feb. 27, 2025 -
Starbucks cuts less popular drinks, plans 30% menu reduction
Several Frappucinos, the Royal English Breakfast Latte and the White Hot Chocolate are getting the axe next month to reduce complexity and make space for experimentation.
By Aneurin Canham-Clyne • Feb. 26, 2025 -
Cava’s traffic growth streak continues
CFO Tricia Tolivar attributed its sales success to a mix of factors ranging from improved in-store experience to low price increases.
By Aneurin Canham-Clyne • Feb. 26, 2025 -
Starbucks lays off 1,100 corporate workers
The coffee giant is cutting about 6.9% of its non-retail staff, and is shifting corporate hiring to prioritize in-office roles.
By Aneurin Canham-Clyne • Feb. 24, 2025 -
Pinstripes CFO departs, company explores strategic alternative
The eatertainment brand saw same-store sales fall 7.7% last quarter, and failed to maintain a leverage ratio required by a financing covenant.
By Aneurin Canham-Clyne • Feb. 21, 2025 -
Noodles & Company hires Joe Christina as president and COO
Christina, formerly CEO at Tijuana Flats, joins the chain as it embarks on a long-term menu overhaul and turns the corner on sales struggles.
By Aneurin Canham-Clyne • Feb. 20, 2025 -
Starbucks’ DEI policies labeled ‘discriminatory’ in Missouri attorney general’s lawsuit
A spokesperson for the chain denied the claims in an email to HR Dive and said Starbucks’ hiring and benefits programs are “open to everyone and lawful.”
By Ryan Golden • Feb. 19, 2025 -
KFC US HQ leaves Kentucky for Texas
Yum Brands CEO David Gibbs said the move will contribute to the company’s competitive advantage as Yum looks to remake the KFC brand.
By Aneurin Canham-Clyne • Feb. 19, 2025 -
KFC US promotes CMO to president
Catherine Tan-Gillespie will take over from Tarun Lal as U.S. president for the chicken chain on April 1, after a difficult year for sales.
By Aneurin Canham-Clyne • Feb. 13, 2025 -
Dutch Bros’ mobile ordering is booming
The new digital channel already accounts for 8% of sales just a year after initial testing, executives said, and is available at 96% of stores.
By Aneurin Canham-Clyne • Feb. 13, 2025 -
Burger King accelerates remodels, refranchising
The QSR giant will start selling off the restaurants it acquired in its $1 billion Carrols deal two years ahead of schedule.
By Aneurin Canham-Clyne • Feb. 12, 2025 -
Popeyes will remodel stores and beef up ad spending
Restaurant Brands International will add equipment, ranging from a cloud-based point-of-sales system to an automated batter-maker, at the chicken chain’s U.S. stores.
By Aneurin Canham-Clyne • Feb. 12, 2025 -
Yum Brands launches integrated tech platform
Thousands of Taco Bell, Pizza Hut and KFC restaurants already use Byte by Yum, which includes kitchen management and point-of-sale tools.
By Aneurin Canham-Clyne • Feb. 6, 2025 -
Pizza Hut buys 18 stores from bankrupt EYM
The chain paid $720,000 for the units, with five other bidders securing the remaining 77 stores in an auction.
By Aneurin Canham-Clyne • Feb. 3, 2025 -
What’s the restaurant outlook for 2025?
Price-sensitive diners and rising food and labor costs are pushing chains to refine their value propositions, setting the stage for cutthroat competition.
By Emma Liem Beckett • Jan. 31, 2025 -
Starbucks eyes return to premium identity as traffic slide continues
A shift away from discounting and a 30% reduction in SKUs could refocus the brand’s identity and premium market positioning in the next several quarters.
By Aneurin Canham-Clyne • Jan. 29, 2025 -
Starbucks hires Taco Bell vets to replace departing execs
Mike Grams and Meredith Sandland will divide responsibilities in newly created roles as part of a refreshed corporate structure.
By Aneurin Canham-Clyne • Jan. 28, 2025 -
Starbucks wants to claw back $830K from former exec
The coffee giant says a former senior vice president owes the bulk of a pro-rated signing bonus for leaving four months after he was hired.
By Aneurin Canham-Clyne • Jan. 24, 2025 -
Back to the Basics: Building catering programs
A growing number of restaurants are launching catering programs to keep pace with changing consumer behavior. It takes diverse menus, reliable service and the right infrastructure to stand out.
By Danielle McLean • Jan. 22, 2025 -
Starbucks warns of corporate layoffs in March
CEO Brian Niccol framed forthcoming job cuts as a way to increase efficiency and accountability and reduce organizational complexity.
By Aneurin Canham-Clyne • Jan. 21, 2025