Corporate Operations: Page 54


  • An image of a building with glass and a yellow sign that says Fatburger next to an image on orange buffalo
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    Permission granted by Fat Brants
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    FAT Brands CEO: Chain plans to close an acquisition in Q1, with more in the works

    With new funding, the company is poised to buy larger brands as part of its two-pronged strategy to grow organically and through acquisitions, Andy Wiederhorn told Restaurant Dive at the ICR Conference.

    By Jan. 14, 2020
  • Taco Bell wants compostable, recyclable packaging by 2025

    The chain will also remove harmful chemicals like PFAs, Phthalates and BP from its consumer packaging as part of its larger sustainability initiatives.

    By Lauren Manning • Jan. 13, 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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    Renee Hill
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    Subway's C-suite carousel turns again

    The chain eliminated its chief brand and innovation officer position and has a new chief legal officer, bringing the total number of executives leaving the company since December to five. 

    By Alicia Kelso • Jan. 10, 2020
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    Black Bear Diner
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    Column

    Shift Change: Black Bear Diner hires CEO, McDonald's adds chief digital engagement officer

    This week's Shift Change also highlights executive news at Subway, Wingstop, Red Robin, Rave Restaurant Group, BBQ Holdings and Farmer Boys. 

    By Jan. 10, 2020
  • Taco Bell to test $100K salary for general managers

    The QSR will implement the new base pay at select company-owned locations later this year. It also added a minimum of 24 hours of paid sick leave for all employees.  

    By Jan. 9, 2020
  • McDonald's accused of pushing out black leadership, franchisees

    Two senior executives filed a lawsuit Tuesday that claims the chain "declared a war against the African American community," adding to the chain's existing cases of sexual harassment and workplace violence.

    By Alicia Kelso • Jan. 9, 2020
  • McDonald's creates new tech executive role, digital engagement team

    Lucy Brady, current SVP of corporate strategy and business development, will lead the team as chief digital engagement officer and oversee digital ordering, personalization, payments, loyalty and delivery. 

    By Jan. 8, 2020
  • Zume shutters Zume Pizza, will lay off 53% of employees

    The startup will continue to operate its Zume Forward Mobile and Zume R&D divisions, and has opened 100 new positions at Zume Packaging.

    By Updated Jan. 9, 2020
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    MUTTS Canine Cantina
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    Secret sauce: MUTTS Canine Cantina takes business off-leash with franchising expansion

    The emerging bark park and cantina has turned to franchising as a growth strategy, and its unique construction approach could help operators develop more sites faster.

    By Jan. 8, 2020
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    Impossible Foods
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    Impossible Foods CEO says McDonald's deal is still on the table

    Patrick Brown walked back his statement to Reuters Wednesday that it would be "stupid" to pursue the Golden Arches because of inadequate supply, telling Business Insider Impossible "would never blow off or disrespect a potential customer."

    By Lauren Manning • Updated Jan. 9, 2020
  • Red Robin terminates COO without cause

    Guy Constant exits the chain after serving for over a year and amid continued investor pressure to improve operations and shareholder value. 

    By Jan. 8, 2020
  • 48% of restaurants struggling with rising labor costs, study finds

    Restaurants are increasingly turning to technology to alleviate labor woes, but adoption remains low, research from Zenput and Technomic shows.

    By Lauren Manning • Jan. 7, 2020
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    Impossible Foods
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    Burger King launches Impossible sausage breakfast sandwich

    The Impossible Croissan'wich will be available at participating restaurants in five regions and is part of Burger King's plant-based menu expansion plans.

    By Christopher Doering • Jan. 7, 2020
  • Deep Dive

    5 restaurant trends that will define 2020

    Analysts predict that ghost restaurants and lifestyle brand campaigns will continue to evolve and shape the market, but Gen Z's influence and interest in micro chains could disrupt the ecosystem.

    By , Jan. 6, 2020
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    Waitr
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    Waitr names new CEO

    Waitr has tapped Carl Grimstad as CEO and member of the board effective immediately. This is the delivery firm's third CEO hire in less than two years. 

    By Jan. 3, 2020
  • Chick-fil-A cuts 6 items in streamlined menu test

    Locations in Arizona and Charlotte will cut Original Chick-n-Strips, Grilled Cool Wraps and more from their offerings to make way for new items, such as a spicy menu that will also be tested in Charlotte, North Carolina.  

    By Lauren Manning • Jan. 3, 2020
  • Tim Hortons president stepping down

    Alex Macedo, who has been president of Tim Hortons since December 2017, will leave his role in March.

    By Dec. 27, 2019
  • Chipotle accused of firing NYC employee who tried to unionize

    The general counsel of the National Labor Relations board filed the complaint on Dec. 12, which also claims that the fast food chain promised promotions to employees who provided information about union organizing. 

    By Dec. 20, 2019
  • Burgerim's franchise registration is now suspended in Maryland

    The chain, which claims to be the fastest growing burger franchise in the U.S., could file for bankruptcy by the end of January, while a number of locations have closed. 

    By Alicia Kelso • Updated Jan. 3, 2020
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    Snap
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    Coke, McDonald's logos deliver AR content via Snapchat Scan

    The visual search feature will allow McDonald's users to unlock three lens by scanning french fry boxes, food trays and burger wrappers.

    By Robert Williams • Dec. 20, 2019
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    LEON
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    British invasion: How LEON plans to dominate — and change — American fast food

    The London-based QSR's fresh, quality ingredients have pitted it against U.S. fast casuals, but the chain's founder wants to "reinvent McDonald's" so that it's healthy, sustainable and fun. 

    By Dec. 20, 2019
  • 10 of the most impactful restaurant acquisitions of 2019

    Restaurants and private equity continued to be active buyers this year as restaurant leaders explored ways to grow amid labor and declining traffic pressures.

    By Dec. 20, 2019
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    Industry Dive/Julie Littman
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    Private equity firm acquires 117 Pizza Hut restaurants

    Triton Pacific's purchase comes after the pizza chain made plans to restructure its business to address high debt levels and lack of access to capital.

    By Alicia Kelso • Dec. 19, 2019
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    HMSHost
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    Shake Shack in-houses AOR staff

    Joining the QSR's marketing team, Agency Within employees will focus on digital experiences such as the recent food delivery deal with Grubhub.

    By Robert Williams • Dec. 19, 2019
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    Renee Hill
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    Subway's executive shuffle continues with 3 more exits

    After a new CEO and CMO take the helm, two senior execs are retiring and one is departing due to company restructuring.

    By Lauren Manning • Dec. 19, 2019