Corporate Operations: Page 47
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Q&A
Exit interview: Punch Bowl Social founder plans to launch social club, 'urban Waffle House' for millennials
Robert Thompson is leaving the eatertainment concept he founded in 2012 to pursue hospitality and restaurant concepts that cater to post-pandemic diner behavior.
By Emma Liem Beckett • Aug. 14, 2020 -
Fat Brands continues expansion tear with purchase of Johnny Rockets for $25M
The deal, which is expected to close in September, will bring the Fatburger parent's store network to about 700 and raise its annual sales to over $700 million.
By Emma Liem Beckett • Aug. 13, 2020 -
Buffalo Wild Wings names Target brand manager as new marketing chief
Rita Patel steps into the role as the largest sports bar brand in the U.S. faces uncertainty around restaurant reopenings and the fall sports season.
By Peter Adams • Aug. 11, 2020 -
McDonald's sues former CEO after probe uncovers 3 more relationships with employees
The chain's investigation revealed that Steve Easterbrook allegedly tried to destroy information, including nude photos of employees sent from his corporate email.
By Emma Liem Beckett • Aug. 10, 2020 -
Uber Eats grows its restaurant partner roster by 50%
About 30% of the time, restaurants with their own couriers called on Uber Eats to supplement their delivery networks as demand outstrips operators' in-house capacity.
By Alicia Kelso • Aug. 7, 2020 -
Domino's taps supply chain exec as next CFO
Following news of CFO Jeffrey Lawrence's planned retirement, the global pizza chain promoted Stu Levy, executive vice president of supply chain services.
By Jane Thier • Aug. 7, 2020 -
Column
Shift Change: Whataburger appoints CEO, Focus Brands adds communications role
This week Bloomin' Brands added a diversity and inclusion position, while Domino's appointed a new chief financial officer.
By Julie Littman • Aug. 7, 2020 -
Popeyes chicken sandwich continues to boost sales during pandemic
Same-store sales increased to 28.5% in the U.S. during the second quarter while average sales per restaurant reached $1.7 million with help from the menu item.
By Julie Littman • Aug. 6, 2020 -
Delivery partnerships, customer acquisition help Papa John's SSS grow 28% in Q2
The pizza chain added over 3 million new customers on digital channels alone, and saw increased retention and repeat rates among these diners.
By Emma Liem Beckett • Aug. 6, 2020 -
Retrieved from Wendy's on March 02, 2020
Wendy's breakfast makes up 8% of US Q2 sales
Despite being the most challenged daypart during the pandemic, the chain reported strong margins and sales growth, and plans to invest $15 million to advertise the menu during the last half of 2020.
By Julie Littman • Aug. 5, 2020 -
"Protest against police violence in Minneapolis, Minnesota" by Lorie Shaull is licensed under CC BY-SA 2.0
45% of consumers less likely to order from Starbucks because of initial BLM policy, study finds
Nearly 21% of consumers said they will actively try to avoid buying from brands that restrict employees from expressing support for the movement, and 51% said they are less likely to buy from these companies, according to DealAid data.
By Emma Liem Beckett • Aug. 5, 2020 -
Chipotle debuts branded apparel dyed with recycled avocados
Available at a microsite, the line supports sustainability at a time when fast fashion is often associated with negatively impacting the environment.
By Dianna Christie • Aug. 4, 2020 -
Domino's promotes Art D'Elia to marketing chief
The move comes as the chain is reaping the benefits of a strong digital focus as stay-at-home orders prompt consumers to order in rather than dine out.
By Dianna Christie • Aug. 3, 2020 -
Grubhub says pandemic is 'permanent catalyst' for business as revenue rises 41%
The delivery platform said its corporate business was hardest hit by the pandemic, but it added thousands of chain restaurants in Q2.
By Emma Liem Beckett • July 31, 2020 -
12 North Carolina McDonald's restaurants fined for alleged child labor law violations
It’s not uncommon for fast food chains to face allegations of such missteps, and others like Qdoba, Chipotle and Wendy's have paid similar fines in the past year.
By Katie Clarey • July 31, 2020 -
Taco Bell operator sued for withholding overtime pay from misclassified employees
The assistant general manager position required "housekeeping, customer service, cash handling, food preparation, and other non-exempt work," according to the lawsuit.
By Lisa Burden • July 31, 2020 -
Pret A Manger shutters 17 stores in Boston and Chicago
With more Americans working remotely, the chain, which dropped sales by 87% YTD, has shifted its focus to offering group meals for pickup and delivery and plans to launch order ahead.
By Julie Littman • July 31, 2020 -
Shake Shack's digital sales doubled in Q2, but same-store sales declined sharply
As part of its expansion into new formats, the burger chain expects to open its first drive-thru next year in a suburban neighborhood.
By Alicia Kelso • July 31, 2020 -
California Pizza Kitchen files for bankruptcy
The company, which expects to emerge from Chapter 11 proceedings in less than three months, filed for bankruptcy as part of its agreement with lenders that will help it equitize a vast majority of its debt.
By Julie Littman • July 30, 2020 -
Dunkin' may shutter 800 US stores by year's end
More than 50% of these closures are in Speedway c-stores that were previously announced in February, but the chain says all places on the chopping block are in "low-volume sales locations."
By Emma Liem Beckett • July 30, 2020 -
McDonald's boosts marketing budget by $200M to drive recovery
The increase comes after the company slashed marketing spend by 70% in Q2, giving it a "sizable marketing war chest" for the remainder of the year.
By Robert Williams • July 30, 2020 -
McDonald's to exit more than 100 Walmart stores
The fast food giant plans to close 200 under-performing outlets, more than half of which are located inside Walmart locations.
By Jessica Dumont • July 29, 2020 -
Wingstop reports best quarter since IPO in 2015
The company's digital strategy, which included free delivery promotions and opening ghost kitchens, helped the chain boost its digital transactions to nearly 64% of sales during Q2.
By Julie Littman • July 29, 2020 -
Retrieved from McDonald's on April 05, 2019
Breakfast continues to drag McDonald's sales
Much like other QSRs, a lack of commuters significantly impacted McDonald's morning daypart, but the chain plans to invest in the growing segment coming out of the pandemic.
By Julie Littman • July 29, 2020 -
Retrieved from Starbucks on June 03, 2020
Starbucks US same-store sales plummet 40% as diner routines change
Executives noted the volatility of the pandemic could continue to undermine sales, and the company predicts U.S. same-store sales declines of 12% to 17% for the year.
By Emma Liem Beckett • July 29, 2020