Corporate Operations: Page 30
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Justin Sullivan via Getty Images
Restaurants have hired 1.3M employees since January
With the addition of 253,000 jobs in July, the industry has now had seven straight months of employment gains.
By Julie Littman • Aug. 6, 2021 -
The image by Panera image by Mike Mozart/ Caribou image by Mack Male/ Einstein Bagel image by Phillip Pessar is licensed under CC BY 2.0 / Edited by Julie Littman/Restaurant Dive
Panera, Caribou, Einstein Bros. Bagels combine under Panera Brands platform
The formation of the group, which will have nearly 4,000 total locations, follows rumors that Panera Bread is considering going public.
By Julie Littman • Aug. 5, 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 -
Retrieved from WoWorks on December 22, 2020
WOWorks hits gas on non-traditional unit growth
The restaurant company plans to open more than 70 locations this year, 61 of which will be nontraditional units like ghost kitchens or restaurants in airports, college campuses and grocery stores.
By Alicia Kelso • July 30, 2021 -
McDonald's investor sues chain for handling of Easterbrook exit
Phyllis Gianotti's complaint also alleges the restaurant's risk management structure gave the CEO position too much power and not enough oversight, allowing racial discrimination and sexual harassment to proliferate.
By Emma Liem Beckett • Updated July 30, 2021 -
Courtesy of Pizza Hut
Yum Brands accelerates gender parity deadline to 2025 from 2030
The move comes after the number of women in the company's senior leadership reached 47% last year, which is faster than expected.
By Alicia Kelso • July 28, 2021 -
Courtesy of Popeyes
Popeyes calls truce to chicken sandwich wars with nugget launch campaign
After instigating a frenzy with its chicken sandwich launch, the chain will donate 1 million nuggets — including those from rivals — to promote its new offering.
By Chris Kelly • July 28, 2021 -
Courtesy of PR Newswire
KFC launches program to help employees build financial savings
The fried chicken chain's partnership with SaverLife offers workers the ability to earn points toward cash prizes for improving their financial health.
By Alicia Kelso • July 27, 2021 -
Dan Kitwood via Getty Images
McDonald's asks court to dismiss Black franchisee's amended lawsuit
The second amended complaint by James and Darrell Byrd still does not meet the minimum requirements to satisfy discrimination claims, McDonald's said in a memorandum filed last week.
By Emma Liem Beckett • Updated Aug. 9, 2021 -
Retrieved from Beatnic on July 27, 2021
By Chloe becomes Beatnic as part of rebrand
With a new name and owners, the vegan chain, which emerged from bankruptcy earlier this year, plans to expand its concept further into New York City and beyond.
By Julie Littman • July 27, 2021 -
McDonald's creates team to elevate diner experiences
Golden Arches veteran Manu Steijaert will lead the customer experience division in the new position of EVP and global chief customer officer effective Aug. 1.
By Emma Liem Beckett • July 26, 2021 -
Courtesy of California Pizza Kitchen
California Pizza Kitchen mulling sale or IPO, Bloomberg reports
The casual chain's annualized earnings for June are expected to be more than $10 million higher than they were before the pandemic, per Bloomberg.
By Alicia Kelso • July 26, 2021 -
Thai Phi Le/Restaurant Dive
McDonald's to allocate 25% of supply chain spend toward diverse businesses by 2025
The fast food chain is broadening its diversity goals beyond its corporate offices and restaurants, but accusations of inequity and prejudice within the company persist.
By Emma Liem Beckett • July 23, 2021 -
Courtesy of Business Wire
P.F. Chang's considering IPO, Bloomberg reports
The full-service chain could file to go public as early as this year and potentially have a valuation of at least $1 billion, the outlet said.
By Julie Littman • July 23, 2021 -
Courtesy of Shake Shack
Shake Shack to invest over $10M in employees
The money will go toward raises, sign-on and retention bonuses and leadership development programs over the next 12 months as restaurant chains battle the labor crisis.
By Emma Liem Beckett • July 22, 2021 -
Courtesy of Chipotle
Chipotle CFO: higher wages preventing staff shortages
The company maintains pricing power, finance chief Jack Hartung says, giving it flexibility to decide when to use that power to either protect margins or make an additional investment in its people.
By Jane Thier • July 22, 2021 -
Courtesy of Choco
Restaurant supply chain startup Choco secures $100M in funding
The company, which reported transaction volume quadrupling in the past year, will use the cash infusion to deploy new payment tools and expand in its existing markets.
By Alicia Kelso • July 20, 2021 -
Courtesy of Jollibee/PR Newswire
Jollibee plans to reach 500 stores in North America in 5-7 years
The popular Filipino fast food chain, which has 1,400 units in the Philippines, is already on its way to opening 28 stores in Canada and the U.S. this year.
By Julie Littman • July 20, 2021 -
Cindy Ord via Getty Images
Grubhub to absorb Seamless brand following Just Eat transaction
In addition to the single-brand strategy, Grubhub will focus heavily on growing in its strongest metro areas, like Chicago and New York City.
By Julie Littman • July 19, 2021 -
Portillo's targets $100M IPO
The chain boasted strong restaurant-level sales, reaching $7.9 million average unit volumes in the 12 months ending June 27 compared to $7.7 million in 2020, according to its S-1 document filed Monday.
By Emma Liem Beckett • Updated Sept. 27, 2021 -
Retrieved from Dickey's Restaurant Brands on July 13, 2021
Dickey's to debut a brick-and-mortar store for its virtual wings brand
Wing Boss will open a restaurant in the Dallas market following strong results just four months after its launch as a delivery-only brand.
By Alicia Kelso • July 14, 2021 -
McDonald's franchisees boosting pay, rolling out child and elder care benefits
Operators surveyed more than 5,000 employees to determine what new offerings, such as tuition coverage and child care, would be most attractive.
By Emma Liem Beckett • Updated July 13, 2021 -
Courtesy of Panera Bread
Panera tailors swimwear collection to those who eat soup in hot weather
The Swim Soup line's focus on e-commerce aligns with how Dunkin' and McDonald's are attempting to grow loyalty and build out a lifestyle positioning with devoted followers.
By Peter Adams • July 12, 2021 -
Courtesy of PR Newswire
Bonchon says 72% of stores planned for 2021 will be fast casual
The chain experienced 15.3% same-store sales growth as of the end of June, and the company said the fast casual format has been well received by franchisees.
By Alicia Kelso • July 12, 2021 -
Courtesy of Burger King
Burger King promotes COO Tom Curtis to president of US and Canada
Curtis enters his new role as the company attempts to reinvent itself in the QSR space, launching a digitally focused rebrand and loyalty program.
By Emma Liem Beckett • Updated Aug. 24, 2021 -
Permission granted by Subway
Subway to launch massive menu revamp
On July 13, the sandwich chain will roll out 20-plus menu updates, including 11 new ingredients and six all-new or returning sandwiches as part of its Eat Fresh Refresh campaign.
By Julie Littman • July 6, 2021
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