Corporate Operations: Page 45


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    Fotolia
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    Feds issue streamlined PPP loan forgiveness form

    Under an EZ form, restaurants only have to complete a brief calculation and certify their representations to get out of repaying their payroll protection assistance.

    By Robert Freedman • June 19, 2020
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    Shift Change: On the Border hires CEO and CFO; McDonald's shuffles global people team

    This week's Shift Change also includes a new chief food innovation officer at Panera and the departure of Buffalo Wild Wing's CMO. 

    By June 19, 2020
  • 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
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    Buffalo Wild Wings
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    Buffalo Wild Wings CMO who led creative revival departs after less than 2 years

    Seth Freeman spearheaded innovative creative concepts, including rebranding Bone Thugs-N-Harmony, that supported a turnaround for the brand.

    By Peter Adams • June 17, 2020
  • Outside a Subway restaurant in Seattle
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    "The image" by Jason Brisch is licensed under CC BY-SA 2.0
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    Subway franchisees file FTC complaints over Footlong promotion

    The sandwich chain brought back its $5 Footlong promotion on Tuesday despite ongoing pushback from franchisees claiming the offer is unprofitable. 

    By Alicia Kelso • June 17, 2020
  • A closed restaurant in Dublin City Centre during the novel coronavirus pandemic in 2020.
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    "The Image" by Cityswift is licensed under CC BY 2.0
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    Restaurant industry expected to lose $240B by the end of 2020

    The segment has already bled $120 billion in sales during the last three months following stay-at-home orders and dining room closures due to the novel coronavirus pandemic, according to the National Restaurant Association. 

    By Alicia Kelso • June 16, 2020
  • Panda Express launches branded delivery, looks to fill 30,000 positions

    This white label delivery channel lets diners order off-premise meals via its website and mobile app, which a third-party platform will fulfill. 

    By June 16, 2020
  • Atlas Restaurant Group reopens for outdoor dining with social distancing measures in place. (May 2020)
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    Permission granted by Atlas Restaurant Group
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    Restaurants strengthen employee communication to react quickly during coronavirus

    Operators that maintained close relationships with working and furloughed staff during the pandemic are benefiting from better retention and smoother operations.

    By June 16, 2020
  • &pizza employees (shared with us on 3/18 for profile about coronavirus response)
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    Permission granted by &pizza
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    &pizza to close on Election Day, offer PTO

    The fast casual pizzeria joins a handful of independent restaurants and chains including Milk Bar that will offer time off and close locations to make it easier for employees to vote.

    By Lauren Manning • June 15, 2020
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    DoorDash
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    DoorDash worth $16B with new $400M in funding

    The additional funding signals a possible shift in investor sentiment over food delivery apps, which many are hesitant to back because they haven't been profitable. 

    By Updated June 19, 2020
  • Starbucks employee at a drive-thru wearing a mask
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    Retrieved from Starbucks on May 22, 2020
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    Starbucks reverses policy, allows employees to wear Black Lives Matter attire

    The decision follows backlash and calls to boycott the chain after BuzzFeed shared an internal company memo telling employees such clothes could be misconstrued and lead to violence. 

    By June 12, 2020
  • Taco Bell breakfast burritos
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    Permission granted by Taco Bell
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    Taco Bell's breakfast business slumps, putting it behind sister chains

    With more people working from home during the novel coronavirus pandemic, Taco Bell's breakfast traffic declined while KFC and Pizza Hut boosted their dinner dayparts with sought-after delivery and carryout options.

    By Alicia Kelso • June 11, 2020
  • McDonald's names global CMO after 11-month vacancy

    Alistair Macrow, a 15-year veteran of the chain, will work to accelerate its pandemic recovery and build customer trust as dining areas begin to reopen.

    By Dianna Christie • June 10, 2020
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    Amber Boutwell, Punch Bowl Social
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    Punch Bowl Social closes 2 locations after lease dispute

    While the impact to the eatertainment chain is small, these closures signal growing tensions between landlords and tenants, which could result in more vacant storefronts.

    By June 10, 2020
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    Thai Phi Le
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    Dunkin' flexes advertising muscle in 1st national recruitment campaign

    The chain is promoting 25,000 job openings through TV spots, digital assets, social, radio, OOH and in-store signage as the economy is hit with pandemic-related unemployment.

    By Dianna Christie • June 9, 2020
  • Uber expands corporate offerings with Vouchers for Eats

    Vouchers builds on Uber for Business' corporate meal solutions as a way for employers to boost morale and productivity while staff work from home. 

    By June 9, 2020
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    "The image" by Mike Mozart is licensed under CC BY 2.0
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    BurgerFi to go public in $100M deal with blank-check investor

    The burger chain entered into a definitive agreement with Opes Acquisition Corp. to combine on Tuesday. Its anticipated initial enterprise value is $143 million. 

    By Updated June 30, 2020
  • WSJ: Chuck E. Cheese asks lenders for help to avoid bankruptcy

    The eatertainment chain is allegedly seeking a $200 million loan to help offset its $1 billion in debt, which accrued more than $100 million in interest last year.

    By Alicia Kelso • June 8, 2020
  • McDonald’s franchisees want to keep limited menu post-coronavirus

    The National Owners Association told members last week the smaller menu helped improve service times and sales.

    By June 8, 2020
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    Retrieved from Chipotle on July 15, 2020
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    A lesson in fiscal discipline from Chipotle's CFO

    Chipotle has maintained its long-term vitality as the pandemic forces countless competitors to close their doors. CFO Jack Hartung shares how the company does it.

    By Jane Thier • June 5, 2020
  • Cheesecake Factory temporarily closes locations during racial justice protests

    The closures contributed to a 63% drop in same-store sales for the fiscal second quarter ended May 31.

    By Alicia Kelso • June 4, 2020
  • Luby's seeks sale of all assets to clear debt

    The operator is open to being acquired in its entirety but would sell its holdings, including Luby's, Fuddruckers and a contract management company called Culinary Contract Services, separately if needed. 

    By June 4, 2020
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    Retrieved from McDonald's on June 04, 2020
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    McDonald's names victims of police brutality, racist violence in new ad

    The chain shows solidarity with Black Lives Matters in the clip and pledges to donate to the National Urban League and the NAACP.

    By Dianna Christie • June 4, 2020
  • Panera franchisee to pay $4.6M in overtime lawsuit

    The settlement, which received judicial approval last week, stems from a 2018 class action lawsuit filed by assistant managers against Covelli Enterprises, Panera's largest franchisee.

    By Alicia Kelso • June 3, 2020
  • A Starbucks employee wears a mask after a store reopens amid the novel coronavirus pandemic in 2020.
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    Retrieved from Starbucks on June 03, 2020
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    Starbucks reopens with reduced hours, provides extended unpaid leave to employees

    The chain's COVID-19 Leave of Absence allows employees to take unpaid leave through Sept. 30 while also maintaining health insurance and other benefits. 

    By June 3, 2020
  • In-N-Out burger
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    Lanceplaine, Kevin. (2018). "In-N-Out sign" [Photograph]. Retrieved from Unsplash.
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    In-N-Out sues insurer for business interruption coverage

    The chain claims Zurich American Insurance wrongly denied coverage of its losses from the coronavirus and is in breach of contract.

    By Alicia Kelso • June 2, 2020