Corporate Operations: Page 33
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Dan Kitwood via Getty Images
Most of Landry's restaurants will accept bitcoin in the next 3 months
CEO Tilman Fertitta told CNBC the move to accept cryptocurrencies is "inevitable." Pizza Hut, KFC, Starbucks, Subway and Burger King all accept the payment in some global markets.
By Alicia Kelso • April 29, 2021 -
Courtesy of Uber
New Uber feature allows users to pick up restaurant orders during their ride
The company also announced other updates, including the ability for a customer to make multiple orders at one time and pre-ordering when an establishment is closed.
By Emma Liem Beckett • April 29, 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 -
Courtesy of Starbucks
Starbucks' digital success partially driven by AI engine, CEO Kevin Johnson says
Deep Brew personalizes diner offers to secure loyalty and drive more frequent engagement. Though transactions were down 10% for Q2, ticket prices rose 22%.
By Emma Liem Beckett • April 28, 2021 -
Retrieved from Taco Bell on August 20, 2020
Yum Brands commits to 46% reduction in greenhouse gas emissions by 2030
The restaurant company, which operates over 50,000 units worldwide, also pledged to achieve net-zero emissions by 2050.
By Alicia Kelso • April 27, 2021 -
DoorDash launches 3-tiered commission fee structure
The 15%, 25% and 30% commission plans come amid operator complaints of high third-party fees during the pandemic and as markets consider making temporary delivery caps permanent.
By Emma Liem Beckett • April 27, 2021 -
Courtesy of Chipotle
After bombshell quarter, Chipotle's CFO focuses on sustainability
Amid discussions of carbon neutrality, a $15 federal minimum wage and a quickly evolving fast casual landscape, Jack Hartung says the chain remains committed to its employees and agricultural partners.
By Jane Thier • April 26, 2021 -
Permission granted by Chipotle
Chipotle CFO: $15 minimum wage would be 'very manageable' with menu price hikes
A 10% increase to the burrito chain's pay would hike menu prices 2% to 3%, CFO Jack Hartung said on an investor call Wednesday.
By Emma Liem Beckett • April 22, 2021 -
Courtesy of Chipotle
Chipotle's digital sales surpass 50% as chain doubles down on mobile pickup
Just over half of the restaurant's digital sales were from order-ahead transactions as the company continues to add Chipotlane models to its footprint.
By Alicia Kelso , Emma Liem Beckett • April 22, 2021 -
Teamsters funds sue McDonald's board over handling of Easterbrook exit
The suit accuses leadership of choosing to pay former CEO Steve Easterbrook after his sexual misconduct to resolve the conflict quickly rather than "face the consequences for the leniency they long exhibited."
By Emma Liem Beckett • April 22, 2021 -
Courtesy of Blaze Pizza
New Blaze Pizza CFO: 'We all have to assume the world will get back to normal'
Brad Reynolds left the ghost kitchen industry for the fast casual segment, and believes Blaze will emerge from COVID-19 bigger than ever.
By Jane Thier • April 20, 2021 -
Neilson Barnard via Getty Images
Squarespace files to go public through a direct listing
The website-building platform, which has over 3 million subscribers including restaurants, makes the move weeks after completing its acquisition of reservation system Tock.
By Julie Littman • April 19, 2021 -
Courtesy of Saladworks
WOWorks teams with Combo Kitchen to grow via ghost restaurants
The partnership aims to grow Saladworks and Frutta Bowls at a rate of five to seven locations monthly through 2021.
By Emma Liem Beckett • April 19, 2021 -
Permission granted by La Madeleine
Walmart expands grocerants with la Madeleine, Nathan's Famous
The retailer's tie-up with the hot dog chain is a part of its ghost kitchen trials, and it has partnered with the French bakery and cafe chain on a fast-casual format for 10 Dallas-Fort Worth area stores.
By Catherine Douglas Moran • April 19, 2021 -
Courtesy of Starbucks
Starbucks to open innovation lab on Arizona State University's campus
During its first year in operation, the center plans to build out and open source the coffee chain's "Greener Store" program and explore alternative menu items.
By Alicia Kelso • April 16, 2021 -
Courtesy of KFC Canada
KFC's US marketing chief, who helped modernize brand with off-the-wall creative, departs
The news marks the second CMO exit from a Yum Brands chain after George Felix left Pizza Hut for Tinder earlier this month.
By Peter Adams • April 16, 2021 -
Jack in the Box CIO to depart in May
The fast food chain will be "separating" from SVP and CIO Andrew Martin on May 7, according to an SEC filing.
By Katie Malone • April 15, 2021 -
McDonald's will require anti-harassment training at all restaurants in 2022
The training will impact 2 million employees at the chain's 39,000 restaurants worldwide regardless of whether they work at corporate-owned or franchisee-operated locations, CEO Chris Kempczinski announced Wednesday.
By Emma Liem Beckett • April 14, 2021 -
Courtesy of Taco Bell
Taco Bell's newest Cantina rolls out with kiosk-only ordering
The Times Square location, which opens Wednesday, also offers 15 order-ahead mobile pickup cubbies, which could be particularly effective for stores without space for drive-thrus.
By Julie Littman • April 13, 2021 -
Retrieved from WoWorks on December 22, 2020
WOWorks pursues acquisitions, ghost kitchens to drive growth
Kelly Roddy, the holding company's CEO, says it plans to buy two to three more brands by the end of the year, as well as increase units via delivery-only locations and franchising.
By Julie Littman • April 12, 2021 -
Whataburger seeks to hire 50K employees with focus on managers
The burger chain has also increased responsibilities and pay for its general managers, with six-figure salaries and bonus potential of up to 150% their target incentive, as chains strive to retain talent in a tight labor market.
By Alicia Kelso • April 9, 2021 -
McDonald's to close hundreds of Walmart locations
The burger chain is pulling out more of its restaurants as the pandemic hurts in-store traffic, The Wall Street Journal reported.
By Jeff Wells • April 9, 2021 -
Courtesy of Taco Bell
Taco Bell expands PTO benefits for managers, eyes filling 5K positions
At 1,200 company-owned locations, general managers will receive up to four weeks of accrued vacation time annually and additional parental leave.
By Julie Littman • April 6, 2021 -
Courtesy of Pizza Hut
Pizza Hut CMO exits amid larger overhaul to marketing operations
The second retooling of marketing leadership in barely over a year speaks to potential COVID-19 pressures, but also comes as Yum Brands is ramping up digital transformation.
By Peter Adams • Updated April 13, 2021 -
Eóin Noonan/Sportsfile via Getty Images
Brand marketer Fernando Machado departs Burger King parent for Activision
Machado last year was promoted to global CMO at RBI after having the same role at Burger King, where he developed notable campaigns such as the Whopper Detour and Moldy Whopper.
By Robert Williams • April 5, 2021 -
Alabama Extension. (2020). "The image" [Photograph]. Retrieved from Flickr.
Report: 10% of all restaurants have closed during pandemic
Chain restaurants with less than 501 locations have closed at a higher rate than independent restaurants, with the largest permanent closure rate — 16.2% — among chains with 51 to 100 units.
By Alicia Kelso • March 31, 2021
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