Corporate Operations: Page 29


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    Courtesy of Sweet
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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 , Updated Sept. 22, 2021
  • 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
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    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 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 Sept. 21, 2021
  • McDonald's committed to removing virgin plastic from its Happy Meal toys by 2025.
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    Permission granted by McDonald's
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    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 Sept. 21, 2021
  • Chick-fil-A
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    Retrieved from Chick-fil-A on May 07, 2020
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    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 Sept. 17, 2021
  • Dunkin' Digital storefront
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    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 Sept. 15, 2021
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    Retrieved from Chipotle on July 15, 2020
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    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
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    Courtesy of Burger King
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    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
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    Permission granted by First Watch
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    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 Updated Sept. 22, 2021
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    Joe Raedle via Getty Images
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    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
  • A workplace poster published by the U.S. Equal Employment Opportunity Commission is displayed featuring the EEOC logo.
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    Kate Tornone/Restaurant Dive
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    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
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    Courtesy of McDonald's
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    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
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    Courtesy of Chipotle
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    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 Sept. 1, 2021
  • An image of a building with glass and a yellow sign that says Fatburger next to an image on orange buffalo
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    Permission granted by Fat Brants
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    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 Sept. 1, 2021
  • A closed dining room at a McDonald's in Manassas, Virginia, taken May 2021.
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    Julie Littman/Restaurant Dive
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    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 Updated Aug. 30, 2021
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    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 Updated Sept. 13, 2021
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    Rich Polk for Getty Images Entertainment via Getty Images
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    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
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    Courtesy of Sweetgreen
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    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
  • Subway's reimagined interiors put in place in 2021 as part of its Eat Fresh Refresh.
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    Permission granted by Subway
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    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 in Savannah, Georgia
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    Thai Phi Le/Restaurant Dive
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    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 new store concept, off-premise
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    Courtesy of McDonald's
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    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 Aug. 12, 2021
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    Spencer Platt via Getty Images
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    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 Aug. 9, 2021