Corporate Operations: Page 25

  • Starbucks Store Yaroslavl Russia
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    Retrieved from Starbucks on May 23, 2022
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    Starbucks to exit Russia and help its workers find new jobs

    While the chain suspended operations at its 130 licensed locations in early March, it said Monday that it would no longer have a presence in Russia. 

    By • May 23, 2022
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    Willis Lam via Flickr
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    How Wingstop is taking control of its poultry supply chain

    The company is considering joint ventures with suppliers, acquiring a poultry complex or building its own plant to secure more predictable food costs.

    By • May 18, 2022
  • A photograph of chefs in a kitchen. Explore the Trendline➔
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    sam edwards via Getty Images
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    Trendline

    Menu 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
  • Brinker International CEO Wyman Roberts retires on June 5, 2022.
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    Permission granted by Brinker International
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    Brinker CEO to retire in June

    KFC U.S. President and Chief Concept Officer Kevin Hochman will take over for Wyman Roberts, who has been with Brinker for 17 years. 

    By • May 17, 2022
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    Spencer Platt / Staff via Getty Images
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    McDonald's offloads Russian restaurants to licensee for undisclosed price

    Alexander Govor, who operated 25 units in Siberia, will run the locations under a new brand and retain McDonald's employees for at least two years.  

    By • Updated May 19, 2022
  • Chipotle customer orders.
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    Courtesy of Chipotle
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    Chipotle CFO doesn't rule out more food inflation despite pause

    Finance chief Jack Hartung said the chain has raised prices about 10% for the 12 months through Q1 compared to 2% in a typical year.

    By Maura Webber Sadovi • May 12, 2022
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    Courtesy of Reef
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    Reef Technology's expansion

    Reef cuts 5% of workforce amid expansion

    The ghost kitchen firm says the layoffs are needed to adapt to disruptions in unspecified sectors, according to an internal memo.

    By • May 9, 2022
  • New Papa Johns location interior
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    Courtesy of Papa Johns
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    Papa Johns adds ESG incentives to compensation

    The chain will tie corporate bonuses to workforce diversity, clean ingredients and environmental impact metrics following similar announcements from Wendy's, McDonald's, Starbucks and Chipotle.

    By Alicia Kelso • May 5, 2022
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    Mike Mozart via Flickr
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    Denny's preps for growth as it hires Kelli Valade as CEO

    Red Lobster's former CEO will oversee several initiatives, including an $82.5 million acquisition of a Florida breakfast concept, tech upgrades and expansion of ghost kitchens. 

    By • May 4, 2022
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    Spencer Platt / Staff via Getty Images
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    McDonald's: Shuttered Ukraine, Russia restaurants cost $127M in Q1

    Supply chain inventory "that will likely be disposed of" represents $100 million of that sum, while $27 million went toward continued employee salaries, lease and supplier payments.

    By • April 29, 2022
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    Brandon Bell via Getty Images
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    How Domino's plans to get its US business back on track

    After reporting negative same-store sales during the first quarter, the company is looking to boost menu pricing, lean into third-party call centers and offer delivery drivers more flexibility.

    By • April 29, 2022
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    Brandon Bell/ via Getty Images
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    Chipotle CEO: Chain nearly halfway to goal of 7K North American stores

    The fast casual chain continues its expansion tear despite labor shortage challenges, construction delays and inflation, and 80% of new units built in 2022 will feature a Chipotlane. 

    By • April 27, 2022
  • Starbucks at The Giant Company store in Doylestown, Pennsylvania
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    Courtesy of The Giant Company
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    Starbucks hires McDonald's alum as CTO

    Deb Hall Lefevre joins the coffee chain on May 2, marking Starbucks' third executive change since Howard Schultz became interim CEO on April 4.

    By • April 26, 2022
  • White Castle launched a loyalty program nationwide September 2020.
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    Courtesy of White Caslte
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    White Castle plans takeout-only unit next to its busiest restaurant

    The new 1,800-square-foot unit in Orlando, Florida, will only offer pickup and delivery for digital orders as off-premise restaurant demand holds steady.

    By Alicia Kelso • April 22, 2022
  • Joe Sieve, chief restaurant officer, Papa Johns
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    Courtesy of Papa Johns
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    Papa Johns taps Inspire, Domino's alum as chief restaurant officer

    Joe Sieve will oversee the pizza chain's operations for both company-owned and franchised units in North America. 

    By Alicia Kelso • April 20, 2022
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    Mike Mozart via Flickr
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    Denny's CEO to retire amid growing exodus of restaurant chiefs

    The casual chain is currently searching for a replacement for John Miller, who will step down later in 2022 after 11 years. 

    By • April 8, 2022
  • Red Lobster exterior, retrieved from Flickr on 3/4/2020
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    "Red Lobster "Red Lobster Restaurant" "Red Lobster"" by Mike Mozart is licensed under CC BY 2.0
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    Red Lobster CEO resigns after less than a year

    Kelli Valade, who joined the company in August, recruited a new CFO and expanded the executive team with newly created roles of CMO and CIO.

    By • April 5, 2022
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    Courtesy of CKE
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    Hardee's, Carl's Jr. parent names ex-Caribou exec as CFO

    CKE is one of the latest QSRs to launch a digital loyalty program, an offering that has emerged as a key area of competition. 

    By Kaishi Chhabra • April 1, 2022
  • Gopuff
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    Courtesy of Gopuff
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    Gopuff laying off 3% of its global workforce

    The rapidly expanding company is cutting hundreds of positions as it faces funding challenges and a need to realign as a global business.

    By Jeff Wells • April 1, 2022
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    Joe Raedle via Getty Images
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    Papa John’s refranchises 90 units in Texas with Sun Holdings

    The move will give Sun Holdings, which will open 100 new Papa John's units in Texas by 2029, the scale to support new restaurant development.

    By • March 31, 2022
  • Red Lobster exterior, retrieved from Flickr on 3/4/2020
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    "Red Lobster "Red Lobster Restaurant" "Red Lobster"" by Mike Mozart is licensed under CC BY 2.0
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    Red Lobster snares restaurant exec for CIO role

    IT veteran Cijoy Olickal joined the company Monday and will report directly to CEO Kelli Valade.

    By Roberto Torres • March 30, 2022
  • Sbarro
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    Courtesy of Sbarro
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    Sbarro will open 100-plus units with c-store focus in 2022

    The pizza chain's franchising partnerships will place the brand in Village Pantry, Turkey Hill and KwikShop locations.

    By Alicia Kelso • March 25, 2022
  • An image of a Sweetgreen restaurant with a drive-thru
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    Courtesy of Sweetgreen
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    Sweetgreen to open first drive-thru in Chicago suburb

    The fast casual's first drive-thru for digital pickup orders, dubbed "Sweetlane," is part of its strategy to test new store concepts and bolster online sales.

    By • Updated Nov. 14, 2022
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    Courtesy of Arby's
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    Arby's CMO dishes on Pusha T diss track

    To launch a spicy fish sandwich, the QSR tapped the rapper to take shots at McDonald's and the Filet-O-Fish.

    By Chris Kelly • March 23, 2022
  • Gopuff
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    Courtesy of Gopuff
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    Gopuff names new head of Kitchen division

    Amelia Riba brings international experience to the role, having previously served as chief brand officer for Pizza Hut in Europe and Latin America.

    By Jeff Wells • March 21, 2022
  • Mike Rypka Torchy's CEO
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    Courtesy of https://www.businesswire.com/news/home/20220317005162/en
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    Torchy's Tacos founder returns as CEO

    Mike Rypka led the taco chain between 2006 and 2018 and succeeds former CEO GJ Hart, who retired in November.

    By • March 18, 2022