Corporate Operations: Page 50


  • McDonald's pulls all-day breakfast

    The QSR giant is also temporarily paring down its morning menu amid novel coronavirus disruption, a move that would have been unthinkable just a few weeks ago. 

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

    Yum Brands suspends buyback program to free up cash for franchisees

    The restaurant group said its franchisees have experienced "significant" store closures and reduced store-level operations due to the coronavirus outbreak. As of March 18, about 7,000 Yum restaurants are closed globally. 

    By Alicia Kelso • March 25, 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
  • Image attribution tooltip
    Amber Boutwell, Punch Bowl Social
    Image attribution tooltip

    Punch Bowl Social faces foreclosure

    Cracker Barrel, which previously bought a $140 million non-controlling stake in the company, says it won't provide any additional financial resources. 

    By Updated March 25, 2020
  • Burger King’s biggest franchisee reverses decision to cut staff pay 10%

    Hourly reductions will only apply to staff above store-level workers and CEO Dan Accordino will forgo his salary for three months, Carrols told employees in a memo.

    By Updated March 25, 2020
  • McDonald's CEO names new chief people officer

    The workplace culture of the fast food giant has recently been in the spotlight as a result of major leadership changes, alleged labor violations and discrimination lawsuits.

    By Sheryl Estrada • March 24, 2020
  • Restaurant sales could slump 20% in next 12 months, Moody's says

    This outlook is more positive for the second half of the year, when state-mandated shutdowns are predicted to lift, but brands may face challenges around insufficient labor, reduced consumer income and permanent closures.  

    By Lauren Manning • March 24, 2020
  • McDonald's to shutter all stores in UK, Ireland

    The chain's 1,270 locations in this region will no longer offer drive-thru and delivery, and employees at corporate-owned restaurants will be paid for scheduled shifts through April 5.

    By March 23, 2020
  • Darden's Q3 results hint at dismal future for casual dining

    Same-store sales dropped more than 21% for the week ending March 15 across its brands, with same-store sales declining 60% this week. 

    By Alicia Kelso • March 20, 2020
  • McDonald's reportedly pushed against sick leave provision in coronavirus package

    The chain is concerned the package — which requires companies with 50 to 500 employees to give workers two weeks paid sick leave — will hurt its franchisee profitability, according to Business Insider. 

    By March 19, 2020
  • Union Square Hospitality Group lays off 80% of staff over coronavirus closures

    After shuttering all of its restaurants on March 13, the company laid off 2,000 employees, joining a handful of other fine-dining groups that have cut staff over the last week.

    By March 19, 2020
  • &pizza employees (used for 3/18 profile on coronavirus response)
    Image attribution tooltip
    Permission granted by &pizza
    Image attribution tooltip

    &pizza's coronavirus response plan: Pay workers more, not less

    As restaurants across the country lay off workers in droves, the Washington, D.C.-based pizza chain has raised hourly pay $1 and is developing plans to keep staff fully employed even if its stores temporarily close. 

    By March 18, 2020
  • Chuck E. Cheese closes dine-in, offers in-home birthday packages

    While still offering off-premise dining, the birthday-focused restaurant is making its dance-party-themed videos and rewards available online and selling family packs with cake, pizza and goodie bags during COVID-19 closures.

    By Lauren Manning • March 17, 2020
  • Paid sick leave tracker
    Image attribution tooltip
    Kendall Davis/Restaurant Dive
    Image attribution tooltip

    How coronavirus is changing restaurant policies

    Major U.S. chains and delivery platforms are updating their standards, from paid sick leave to social distancing in stores, to adapt in an uncertain market.

    By Nami Sumida, , , Thai Phi Le • Updated July 21, 2020
  • Inspire Brands acquires 22 Buffalo Wild Wings from franchisee

    Along with ICV Partners' $130 million acquisition of Diversified Restaurant Holdings, the company sold 22 Buffalo Wild Wings units to the restaurant holding company. 

    By Alicia Kelso • March 13, 2020
  • Image attribution tooltip
    Hy-Vee
    Image attribution tooltip

    Hy-Vee to replace Market Grilles with Wahlburgers

    The company's 21 full-service restaurants will transition to the popular burger brand by this summer.

    By Krishna Thakker • March 13, 2020
  • Image attribution tooltip
    Photo by Asael Peña on Unsplash
    Image attribution tooltip

    Starbucks offers 'catastrophe pay' to workers impacted by coronavirus

    The temporary benefit includes 14 days of paid sick leave for workers diagnosed with or exposed to COVID-19, and also for those who are at elevated risk due to age or preexisting medical conditions. 

    By March 12, 2020
  • Starbucks sustainable cups
    Image attribution tooltip
    Courtesy of Starbucks
    Image attribution tooltip

    Starbucks US could switch to pickup, delivery orders as COVID-19 spreads

    Operations are continuing as normal, but CEO Kevin Johnson said stores in the U.S. and Canada could limit seating, enable mobile order-only scenarios for pickup or delivery or only keep drive-thrus open. 

    By March 12, 2020
  • Taco Bell sign about breakfast burritos
    Image attribution tooltip
    Permission granted by Taco Bell
    Image attribution tooltip

    Taco Bell fires latest shot in breakfast wars with new burrito menu

    The QSR has rapidly launched several items this year, with these burritos becoming a permanent addition complementing LTOs like its Triplelupa and Nacho Fries. 

    By March 12, 2020
  • McDonald's corporate stores offer quarantined workers 2 weeks paid leave

    Labor advocacy group Fight for $15 wants the company to do more and issued a list of demands, including paid sick leave for all employees and better training on cleaning standards.

    By March 11, 2020
  • A promotional still of Taco Bell's new Triplelupa menu item that will be available for a limited time starting March 12, 2020
    Image attribution tooltip
    Courtesy of Taco Bell Corp.
    Image attribution tooltip

    Taco Bell taps TikTok's vertical video format for TV ad

    The effort marks the first time TikTok has partnered with a brand on a national advertising campaign and references trends on the app, like "eboys."

    By Peter Adams • March 10, 2020
  • Wingstop turns fans into billboards
    Image attribution tooltip
    Courtesy of Wingstop
    Image attribution tooltip

    Wingstop pays fans to be walking billboards

    The fast-food joint is transferring its OOH budget to loyal fans, giving Instagrammers who wear the special branded merchandise $10 via Venmo.

    By Dianna Christie • March 10, 2020
  • Image attribution tooltip
    Courtesy of Chipotle
    Image attribution tooltip

    Chipotle to expand paid parental leave, test unlimited PTO

    The restaurant chain has been expanding its benefit offerings over the past year, but it has faced scrutiny at the state and local level.

    By Aman Kidwai • March 6, 2020
  • Starbucks predicts coronavirus will gut Q2 comp store sales in China by 50%

    Starbucks China's comparable stores sales fell 78% in February, a direct result of temporary store closures due to the outbreak of COVID-19.

    By March 6, 2020
  • Image attribution tooltip
    Renee Hill
    Image attribution tooltip

    Report: Subway to offer $5 value menu despite franchisee tension

    Operators have previously voiced frustrations over the sandwich chain's discounts, one of many changes rolled out by new CEO John Chidsey in a bid to get the struggling company back on track. 

    By Alicia Kelso • March 6, 2020
  • Jimmy John's names Sonic's Darin Dugan as CMO

    Dugan replaces John Shea, who served in the role for just over two years, and follows several management shuffles by parent company Inspire Brands.

    By Robert Williams • March 6, 2020