Corporate Operations: Page 54
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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 Julie Littman • 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 -
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 -
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 -
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 Julie Littman • 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 Julie Littman • 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 Emma Liem Beckett • 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 Julie Littman • Updated Jan. 9, 2020 -
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 Julie Littman • Jan. 8, 2020 -
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 Julie Littman • 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 -
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 Julie Littman , Emma Liem Beckett • Jan. 6, 2020 -
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 Emma Liem Beckett • 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 Julie Littman • Dec. 27, 2019 -
User:proshob [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
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 Emma Liem Beckett • 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 -
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 -
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 Emma Liem Beckett • 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 Julie Littman • Dec. 20, 2019 -
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 -
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 -
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