Corporate Operations: Page 50
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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 Emma Liem Beckett • March 26, 2020 -
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 -
Explore the Trendline➔
sam edwards via Getty ImagesTrendlineMenu 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 -
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 Julie Littman • 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 Emma Liem Beckett • 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 Emma Liem Beckett • 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 Emma Liem Beckett • 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 Julie Littman • March 19, 2020 -
&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 Emma Liem Beckett • 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 -
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, Emma Liem Beckett, Julie Littman, 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 -
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 -
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 Emma Liem Beckett • March 12, 2020 -
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 Julie Littman • March 12, 2020 -
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 Julie Littman • 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 Julie Littman • March 11, 2020 -
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 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 -
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 Emma Liem Beckett • March 6, 2020 -
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