Corporate Operations: Page 28
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Permission granted by Sweetgreen
Sweetgreen goes public with $364M IPO
The fast casual company, which isn't yet profitable, plans to use technology to increase restaurant-level margins and average unit volumes.
By Julie Littman • Nov. 18, 2021 -
Retrieved from McDonald's USA on November 10, 2021
McDonald's duets with Mariah Carey to celebrate the holidays
In a tie-up with the "All I Want For Christmas Is You" singer, the chain will supercharge its celebrity-powered efforts through 12 days of free items.
By Chris Kelly • Nov. 12, 2021 -
Explore the Trendline➔
sam edwards via Getty Images
TrendlineMenu 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 -
Panera Brands plans to go public
Danny Meyer's special purpose acquisition company, USHG Acquisition Corp., will become a cornerstone investor in Panera Brands and Meyer will invest directly in the company once it goes public.
By Julie Littman • Nov. 9, 2021 -
Courtesy of Business Wire
Q&AP.F. Chang's wants to offer self-delivery nationwide by 2023
Candice Barnett, VP of off-premise dining, discusses how the service is performing and why staffing a delivery fleet is worth it despite labor pressures.
By Emma Liem Beckett • Nov. 4, 2021 -
Courtesy of McDonald's
McDonald's powers up 'Friendsgaming' livestream with FaZe Clan to unite gamers
As part of the event riffing on the Friendsgiving concept, the duo created a merchandise pack of co-branded gaming gear and DoorDash delivery codes.
By Peter Adams • Nov. 2, 2021 -
Permission granted by Curry Up Now
Deep DiveWhy franchisors are targeting Texas and Florida
A friendly business environment, strong population growth and lax COVID-19 restrictions have made the two states popular for franchise expansion.
By Julie Littman • Nov. 1, 2021 -
stockstudioX via Getty Images
Sponsored by T-Mobile For BusinessEmerging technologies call for robust data network
Data-driven decisions will expand beyond sales and staffing applications to guest services, supply-chain logistics and menu development, allowing restaurants to adapt what to sell in real-time as demand dictates.
Nov. 1, 2021 -
Courtesy of KFC
KFC scores new CMO with Nintendo's Nick Chavez
With more than 11 years at Nintendo of America, the executive has deep industry knowledge that reflects the growing importance of gaming and digital to consumer-facing brands.
By Chantal Tode • Oct. 29, 2021 -
Scott Olson via Getty Images
McDonald's workers strike in protest of alleged sexual harassment
The fast food chain has been embroiled in controversy regarding its culture for some time.
By Kathryn Moody • Oct. 28, 2021 -
Retrieved from Starbucks on January 27, 2021
Starbucks will raise hourly wage floor to $15 a year ahead of schedule
The coffee chain's U.S. workers will be paid $15 to $23 an hour next summer, with an average of nearly $17.
By Emma Liem Beckett • Oct. 28, 2021 -
Permission granted by McAlister's
Q&AHow McAlister's plans to become a $1B brand by 2024
Chief Brand Officer Mike Freeman discusses how franchisees are supporting the deli chain's growth goal to reach over 650 units.
By Julie Littman • Oct. 28, 2021 -
Permission granted by Dig
Dig raises $65M to fuel expansion, employee benefits
The vegetable-centric restaurant plans to use the funding to reopen units closed during the pandemic and add locations in new markets, growing from 30 to 60 units in the next three years.
By Julie Littman • Oct. 27, 2021 -
Zaxby's taps former El Pollo Loco chief as CEO
Bernard Acoca will take the helm of the chicken chain in January, and co-founder and current CEO Zach McLeroy will transition to chairman.
By Julie Littman • Oct. 26, 2021 -
Permission granted by Sweetgreen
Sweetgreen expects to double its footprint as a public company
The fast casual chain, which had 140 locations as of the end of September, expects to diversify its real estate with drive-thru and pickup only locations.
By Julie Littman • Oct. 26, 2021 -
Courtesy of Blaze Pizza
Deep DiveFranchisees are flocking to fast casuals to grow. Here’s why.
As the segment shows greater resiliency compared to casual dining, restaurant operators are making deals for expansion, taking advantage of a real estate surplus and rebounding traffic.
By Julie Littman • Oct. 25, 2021 -
Permission granted by Portillo's
Portillo's eyes 600 units following its $405M IPO
CEO Michael Osanloo said the Chicago-based chain's new capital structure allows it to pay off significant debt, and it expects to open locations in nearby Midwestern states and the Sunbelt.
By Julie Littman • Oct. 22, 2021 -
Permission granted by Panera Bread
Panera aims to be carbon negative by 2050
The chain also unveiled a slate of sustainability goals for 2025, including more reusable packaging and renewable energy.
By Aneurin Canham-Clyne • Oct. 20, 2021 -
McDonald's US corporate stores reach gender pay parity
The burger giant currently pays women globally 99.85 cents on the dollar for similar work completed by men, but expects to hit pay parity worldwide in 2022.
By Emma Liem Beckett • Oct. 19, 2021 -
Tamir Kalifa via Getty Images
Restaurants are plotting aggressive franchise expansion. Here’s where — and why.
Surging diner demand, strong franchising sales and second-generation real estate left by shuttered eateries have created a market primed for expansion, with chains targeting Southern states with lax COVID-19 rules.
By Emma Liem Beckett • Oct. 18, 2021 -
Courtesy of El Pollo Loco
El Pollo Loco CEO resigns
Bernard Acoca leaves his position after three and a half years, during which time he oversaw a rebrand, two restaurant redesigns and a push into digital platforms and innovations.
By Julie Littman • Oct. 15, 2021 -
Retrieved from Chick-fil-A on May 07, 2020
Chick-fil-A customers sue chain over 'deceitful' delivery costs
The proposed class action lawsuit claims that though the QSR promised a flat, low-price delivery fee of $2.99 to $3.99, it charged 25% to 30% more for food ordered online for delivery than food ordered in-store or for pickup.
By Julie Littman • Oct. 13, 2021 -
Megan Rapinoe appeared in an ad Subway uploaded to YouTube on July 21, 2021.
Deep DiveCan QSRs meet marketing's new imperatives without alienating franchisees?
National brand building is often in conflict with the needs of local operators — a dichotomy that has only become more apparent in the past 18 months.
By Chris Kelly • Oct. 12, 2021 -
Retrieved from Chipotle on July 15, 2020
Chipotle agrees to $8M settlement in manager trainee classification suit
If approved by a court, the agreement — the latest in a string of labor-related settlements at the chain — will end nine years of litigation.
By Kate Tornone • Oct. 7, 2021 -
Half of Raising Cane's corporate staff will work in restaurants to fight labor shortage
Office workers will also help with store-level recruitment as the chicken chain aims to hire 10,000 hourly employees in the next 50 days.
By Emma Liem Beckett • Updated Oct. 6, 2021 -
Courtesy of McDonald's
McDonald's targets net zero emissions by 2050
The burger giant noted it would take serious effort to decarbonize everything from its supply chain to franchisees as part of the United Nations Race to Zero campaign.
By Aneurin Canham-Clyne • Oct. 5, 2021
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