Corporate Operations: Page 29
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Burger King's NFT strategy matures beyond stunts toward real engagement
As part of the celeb-backed Keep It Real Meals, customers can scan QR codes and receive collectible game pieces that go toward other rewards.
By Chris Kelly • Sept. 23, 2021 -
KFC names new CEO
Sabir Sami will become the chicken chain's CEO on Jan. 1. He will replace Tony Lowings, a 27-year veteran of Yum Brands and KFC, who will retire in early 2022.
By Julie Littman , Emma Liem Beckett • Updated Sept. 22, 2021 -
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 -
Toast raises $870M on first day of IPO
Soon after trading began, co-founder Steve Fredette spoke to Restaurant Dive about investor interest during the company's roadshow and how it regained momentum after a battering from the pandemic.
By Julie Littman • Sept. 22, 2021 -
Dave & Buster's CEO to retire
During his tenure, Brian Jenkins helped the company bounce back from an 87% decline in same-store sales in Q2 2020 to an increase of 3.6% compared to the same period in 2019.
By Julie Littman • Sept. 21, 2021 -
McDonald's to remove virgin plastic from Happy Meal toys by 2025
The QSR will source its toys from renewable, recycled or certified materials, which is expected to reduce fossil fuel-based plastic in the products by 90%.
By Julie Littman • Sept. 21, 2021 -
Retrieved from Chick-fil-A on May 07, 2020
Chick-fil-A names new CEO
Andrew Truett Cathy will succeed his father Dan T. Cathy on Nov. 1 and become the third member of the Cathy family to lead the chain in its 54-year history.
By Julie Littman • Sept. 17, 2021 -
Dunkin's first digital-only store doesn't reduce labor
The company joins a growing contingent of QSR chains exploring digitally focused store designs with little or no diner seating, including rival Starbucks.
By Emma Liem Beckett • Sept. 15, 2021 -
Retrieved from Chipotle on July 15, 2020
Muslim Chipotle worker files EEOC complaint alleging assistant manager yanked hijab
The restaurant chain told the Council on American-Islamic Relations that it fired the leader after an investigation.
By Katie Clarey • Sept. 14, 2021 -
CFOs debate duration of inflation
"It's not clear yet what inflation will stick and what will be temporary," Chipotle Mexican Grill CFO Jack Hartung said Thursday, reflecting other industry leaders' concerns about planning in a year with unknown parameters.
By Jane Thier • Sept. 13, 2021 -
Burger King introduces Keep It Real Meals after banning 120 artificial ingredients
Mirroring McDonald's, the chain tapped celebrities to share their custom orders, but asked them to use their real names instead of stage personas.
By Peter Adams • Sept. 9, 2021 -
First Watch IPO could raise up to $218M
The full-service breakfast concept has begun a roadshow for its proposed initial public offering of over 9 million shares, which are expected to be priced at $17 to $20 per share.
By Julie Littman • Updated Sept. 22, 2021 -
Starbucks unionization efforts
Buffalo, New York-area Starbucks employees move to form a union
If successful, the workers would be the first employees of the company's more than 8,000 locations to unionize.
By Emilie Shumway • Sept. 3, 2021 -
EEOC: Applebee's told Black line cook to 'ignore' co-workers wearing Confederate flag gear
The agency's allegations offer employers several reminders about dealing with discrimination in the workplace.
By Katie Clarey • Sept. 3, 2021 -
How McDonald's boosts mobile growth with Famous Orders platform
The burger chain's celebrity tie-ups are a key part of driving app downloads and expanding membership in its new mobile-based loyalty program.
By Robert Williams • Sept. 1, 2021 -
Chipotle gamifies loyalty program with extra perks
The chain's new Extras feature allows members to access additional points and receive free items faster, personalized challenges and achievement badges.
By Emma Liem Beckett • Sept. 1, 2021 -
Fat Brands to acquire Twin Peaks for $300M
The deal marks Fat's entry into "polished casual dining," a departure from its rosters of QSR, fast causal and casual restaurant brands, and is the company's second major purchase this summer.
By Emma Liem Beckett • Sept. 1, 2021 -
McDonald's suggests franchisees close dining rooms
The Golden Arches shared guidance with operators last week on how to shutter indoor seating in areas where COVID-19 cases exceed 250 per 100,000 people, according to Reuters.
By Emma Liem Beckett • Updated Aug. 30, 2021 -
Toast increases IPO to $825M
The point-of-sale company increased its proposed maximum offering price from $100 million on Monday and estimated that its IPO prices per share would range from $30 to $33.
By Julie Littman • Updated Sept. 13, 2021 -
45% of consumers say Subway should drop embattled Megan Rapinoe, survey finds
The U.S. soccer star, who appears in the chain's latest ad campaign, is facing backlash after kneeling at the Tokyo Olympics to protest racism.
By Chris Kelly • Aug. 18, 2021 -
Sweetgreen taps former Starbucks executive as new CTO
Wouleta Ayele comes to the salad chain after 16 years at Starbucks. She will help Sweetgreen scale its supply chain and develop its digital platform.
By Roberto Torres • Aug. 17, 2021 -
Q&A
Subway's CMO on why the brand's transformation is just beginning
Carrie Walsh details how the brand experimented with new channels and collaborated with agency partners on a campaign featuring top athletes.
By Chris Kelly • Aug. 13, 2021 -
Chipotle to settle EEOC charges of sexual harassment, retaliation
The worker whom the behavior targeted was fired three days after she said she planned to elevate the issue to corporate headquarters, EEOC said.
By Katie Clarey • Aug. 13, 2021 -
McDonald's requiring US corporate employees to get vaccinated
The decision comes as Chipotle mulls a mandate for its office workers, but the Mexican chain's CEO Brian Niccol says the company is waiting for COVID-19 vaccines to receive full FDA approval.
By Emma Liem Beckett • Aug. 12, 2021 -
Rising prices didn't hurt Q2 restaurant traffic, studies show
Diner spending at restaurants jumped 32% during the period as operators hiked their menu prices to cover labor costs and other inflationary pressures, according to The NPD Group.
By Alicia Kelso • Aug. 10, 2021 -
Stockholders sue McDonald's over the handling of Easterbrook firing
This complaint is similar to a suit filed recently against the Golden Arches and Morgan Lewis & Bockius that claims the probe was rushed and the law firm created "an information vacuum" at the company.
By Emma Liem Beckett • Aug. 9, 2021