Corporate Operations: Page 45


  • Luckin abandons Nasdaq delisting appeal

    The last day to trade the company's stock is June 29, a little over a year after its IPO raised $561 million. 

    By Lauren Manning • June 29, 2020
  • Punch Bowl Social in Atlanta
    Image attribution tooltip
    Permission granted by Punch Bowl Social/Photo by Amber Boutwell
    Image attribution tooltip

    Punch Bowl Social to reopen 5 locations in coming weeks

    The eatertainment chain will enter its Phase One of reopening with its Denver restaurant resuming operations on July 1. 

    By June 26, 2020
  • A photograph of chefs in a kitchen. Explore the Trendline
    Image attribution tooltip
    sam edwards via Getty Images
    Image attribution tooltip
    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
  • A Starbucks employee wears a mask after a store reopens amid the novel coronavirus pandemic in 2020.
    Image attribution tooltip
    Retrieved from Starbucks on June 03, 2020
    Image attribution tooltip

    Starbucks offers mental health training for store managers

    The training includes 30-minute modules focused on effective listening, providing encouragement and reassurance, offering informational resources and the importance of self-care. 

    By June 26, 2020
  • Flickr image of IHOP
    Image attribution tooltip
    "IHOP" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    IHOP, Applebee's parent taps acting CIO into permanent role

    Justin Skelton comes to the role with the upper hand of having previous tenure at Dine Brands, and serving as the CIO in an acting capacity. 

    By Roberto Torres • June 26, 2020
  • Image attribution tooltip
    Permission granted by Checkers & Rally's
    Image attribution tooltip

    WSJ: Checkers and Rally's parent exploring potential restructure

    Checkers has nearly $300 million in debt from its 2017 buyout by Oak Hill Capital Partners and has been selling stores to franchisees in an attempt to lower it. 

    By Alicia Kelso • June 25, 2020
  • An image of a beige building with Chuck E Cheese signage. Above the sign is a logo of a smiling rat with hat and T-shirt.
    Image attribution tooltip
    The image by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Chuck E. Cheese parent to close 45 locations

    After its Ch. 11 bankruptcy filing, the company is asking to abandon 45 leases at underperforming locations, or which 11 were already permanently closed. 

    By Updated June 26, 2020
  • Image attribution tooltip
    Retrieved from Chipotle on July 15, 2020
    Image attribution tooltip

    Chipotle ranks No. 1 among QSRs for COVID-19 safety measures, report says

    McDonald's and Starbucks ranked among the top for health and safety compliance as well, according to Ipsos research based on in-store visits from mystery shoppers.

    By Alicia Kelso • June 24, 2020
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip
    Deep Dive

    Recent PPP changes offer restaurants hope, but calls for industry aid continue

    The Paycheck Protection Program Flexibility Act and streamlined loan forgiveness applications make the federal safety net easier for operators to use without penalty, but critics argue that key needs are still unaddressed. 

    By June 24, 2020
  • Starbucks' Impossible breakfast sandwich launched June 23, 2020.
    Image attribution tooltip
    Retrieved from Starbucks on June 23, 2020
    Image attribution tooltip

    Starbucks continues plant-based push with Impossible breakfast sandwich

    As consumer interest in meat alternatives surges, the coffee chain joins Burger King and Dunkin' in adding these items to its morning menu.

    By June 23, 2020
  • Starbucks' stumble on Black Lives Matter shows rising stakes for brands in addressing race

    Initially banning employees from wearing Black Lives Matter apparel, the chain quickly reversed its position — but the damage may already have been done.

    By Peter Adams • June 22, 2020
  • An image of a beige building with Chuck E Cheese signage. Above the sign is a logo of a smiling rat with hat and T-shirt.
    Image attribution tooltip
    The image by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    WSJ: Chuck E. Cheese parent fielding potential buyers

    New York grocery owner John Catsimatidis and a group of bondholders are among the eatertainment chain's latest suitors.

    By June 22, 2020
  • Flickr image of Taco Bell
    Image attribution tooltip
    "Taco Bell" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Taco Bell to clarify policy after employee fired for wearing Black Lives Matter mask

    The chain said staff can don Black Lives Matter attire and has since apologized to the worker in Ohio, who posted a video on Facebook after being terminated for bringing "politics into the building."

    By June 19, 2020
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    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
  • Column

    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
  • Image attribution tooltip
    Buffalo Wild Wings
    Image attribution tooltip

    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
    Image attribution tooltip
    "The image" by Jason Brisch is licensed under CC BY-SA 2.0
    Image attribution tooltip

    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.
    Image attribution tooltip
    "The Image" by Cityswift is licensed under CC BY 2.0
    Image attribution tooltip

    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)
    Image attribution tooltip
    Permission granted by Atlas Restaurant Group
    Image attribution tooltip

    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)
    Image attribution tooltip
    Permission granted by &pizza
    Image attribution tooltip

    &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
  • Image attribution tooltip
    DoorDash
    Image attribution tooltip

    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
    Image attribution tooltip
    Retrieved from Starbucks on May 22, 2020
    Image attribution tooltip

    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
    Image attribution tooltip
    Permission granted by Taco Bell
    Image attribution tooltip

    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
  • Image attribution tooltip
    Amber Boutwell, Punch Bowl Social
    Image attribution tooltip

    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