Corporate Operations: Page 34
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Permission granted by DoorDash
DoorDash, Olo settle dispute
The two companies hashed out a new multi-year agreement after DoorDash sued Olo in October for $7 million, claiming breach of contract, fraud and concealment.
By Julie Littman • Updated April 23, 2021 -
Permission granted by TMRW
Shake Shack CFO to become CEO of life science company
Tara Comonte's responsibilities will be transitioned to other leadership team members until a new CFO is found.
By Jane Thier • March 31, 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 Chipotle Mexican Grill
Chipotle gives away $100K in bitcoin for National Burrito Day
By asking people to register for a chance to win burritos or bitcoin, the restaurant can continue to build out its first-party data about consumers for future campaigns.
By Robert Williams • March 30, 2021 -
Delight Restaurant Group adds 54 Wendy’s from NPC International sale
With the acquisition, the franchisee will operate 111 Wendy's and Taco Bell locations across four states.
By Alicia Kelso • March 29, 2021 -
Q&A
Noodles & Company's new CFO talks how ghost kitchens, drive-thrus will shape the chain's future
Carl Lukach, who started at the chain in November, says 70% to 80% of the stores built this year will have a drive-thru pickup window.
By Julie Littman • March 29, 2021 -
Domino's franchisee to deliver $3M to settle drivers' wage and hour claims
The plaintiffs claimed they were not reimbursed for their own delivery expenses such as vehicle maintenance and insurance.
By Lisa Burden • March 25, 2021 -
Courtesy of Nuro
Chipotle invests in self-driving delivery company Nuro
This marks the first time the fast casual chain has significantly funded a third-party technology company since 2018 and follows recent tech acquisitions by McDonald's and Yum Brands.
By Julie Littman • March 25, 2021 -
Olive Garden parent to raise hourly wage to $10 and offer $17M in bonuses
Pay will then rise to $11 per hour in January 2022 and $12 per hour in January 2023, in Darden Restaurants' latest move to improve compensation since the start of the pandemic.
By Emma Liem Beckett • March 25, 2021 -
Courtesy of Taco Bell
Yum Brands acquires Tictuk to deepen commerce capabilities for social media, messaging
The owner of KFC and Taco Bell makes its second tech acquisition in a month as it looks to transform its business on a faster timetable.
By Peter Adams • March 24, 2021 -
Courtesy of Starbucks, Lauren Pinney, photo credit Josh Trujillo
Starbucks to improve sustainable coffee sourcing, reducing its largest carbon culprit
In a show of priorities, the company said it would take actions that make green coffee carbon neutral instead of tackling emissions from transportation, packaging and roasting operations.
By A.B. Brown • March 24, 2021 -
Domino's teams with Datatron to streamline AI and machine learning tech
The platform is automating and standardizing the deployment, monitoring, management, governance and validation of the pizza chain's artificial intelligence models.
By Alicia Kelso • March 23, 2021 -
Permission granted by Brinker International
Deep DiveFor restaurant chains, marketing virtual brands poses equal challenge and opportunity
Third-party apps, where most virtual brands live, offer marketers access to consumer data they don't otherwise have — an increasing priority as the data privacy landscape tightens.
By Chris Kelly • March 19, 2021 -
Permission granted by Olo
What Olo's $450M IPO means for the restaurant industry
Founder and CEO Noah Glass talks about how he wants to expand Olo's digital ordering capabilities with an influx of capital after shares rose 39% during day one of trading.
By Julie Littman • March 19, 2021 -
50% of restaurants plan to incentivize employees to get vaccinated, survey says
Even after employees are vaccinated, 75% of restaurants said they will keep their safety protocols in place, according to a report from BlackBox Intelligence.
By Alicia Kelso • March 18, 2021 -
Julie Littman/Restaurant Dive
Cava flipping Zoës Kitchen locations to support suburban growth
Seven Zoës have been converted and another 12 are in the works for this year in a mix of urban and suburban markets, a Cava spokesperson said.
By Alicia Kelso • March 17, 2021 -
British QSR Leon shutters US locations
The company managed to keep only one American location open over the past 12 months, with volume down 85%, Leon USA president Glenn Edwards said.
By Emma Liem Beckett • March 17, 2021 -
Permission granted by Torchy's Tacos
Torchy's Tacos eyeing IPO, Bloomberg reports
The fast casual chain, which added 12 new units in 2020, could raise $300 million and debut with a $1 billion valuation, per the publication.
By Julie Littman • March 15, 2021 -
Courtesy of Burger King
Burger King hires Domino's exec as COO
Tom Curtis, who has worked at the pizza chain for 35 years, will join the QSR in May in the midst of Burger King's ongoing drive-thru modernization and expansion of its loyalty program.
By Julie Littman • March 12, 2021 -
Newly public BurgerFi adds CFO
After debuting on the stock market in December 2020, the fast casual chain tapped Michael Rabinovitch, a 25-year finance veteran.
By Jane Thier • March 8, 2021 -
Uber Eats' US and Canada head leaves after 6 months
Sarfraz Maredia, current leader of Uber's rides division in the U.S. and Canada, will take on the position vacated by Stephane Ficaja.
By Emma Liem Beckett • March 8, 2021 -
Domino's, Papa John's sales soar on pandemic delivery demand, but complications loom
Both chains reported double-digit same-store sales growth last year, but delivery aggregators' growing market share could complicate strategies when pizza sales return to normal levels.
By Julie Littman • March 4, 2021 -
Thai Phi Le/Restaurant Dive
Chipotle will tie 10% of executive incentives to environmental, diversity goals
The company aims to source 37 million pounds of organic, locally grown produce this year and promote more women and people of color above the restaurant level.
By Julie Littman • Updated March 4, 2021 -
Wendy's expects to reach 8K units globally by 2025
With a growing emphasis on nontraditional locations like drive-thru only units and dark kitchens, the QSR expects to open 250 stores globally in 2021.
By Julie Littman • March 4, 2021 -
Thai Phi Le/Restaurant Dive
Chipotle to settle 2017 overtime dispute with $15M payout
Plaintiffs alleged Chipotle switched employees who were eligible for overtime back to "exempt" status while an injunction related to the The Fair Labor Standards Act, which expanded overtime rules, was in place.
By Alicia Kelso • March 3, 2021 -
Courtesy of McDonald's
McDonald's CEO calls for updates to workplace safety policy
Tasking four of the company's top leaders with updating its brand standards on the issue, and taking employee and franchisee feedback into account, could help further address the chain's culture issues.
By Alicia Kelso • March 2, 2021
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