Corporate Operations: Page 60
-
Column
Shift Change: Jack in the Box CEO to depart; McDonald's names international president
This week's Shift Change also highlights executive news from Black Bear Diner, Potbelly, Dunkin' Brands, Garden Fresh Restaurants, Nathan's Famous, Noodles & Company and Pizza Hut.
By Julie Littman • Dec. 13, 2019 -
WeWork shutters restaurant coworking startup Spacious
Spacious, which turns high-end restaurants into coworking spaces during off-peak times, will close at the end of the year, making it the latest casualty in WeWork’s failed IPO.
By Alicia Kelso • Dec. 13, 2019 -
McDonald's lands major labor win in 2-1 ruling
The National Labor Relations Board absolved McDonald's as a joint employer from responsibility for labor violations brought forward in 2012 by Fight for $15 and other labor groups.
By Emma Liem Beckett • Dec. 12, 2019 -
Potbelly CFO departs for Planet Fitness
Four-time CFO Tom Fitzgerald is leaving Potbelly Corp. on Dec. 27 after one year as finance chief; the Chicago-based sandwich chain is searching for a replacement.
By Jane Thier • Dec. 12, 2019 -
Cava secures $40M in latest funding round
The company has now raised over $459 million in funding and is worth over $578 million.
By Julie Littman • Dec. 12, 2019 -
Jack in the Box CEO stepping down
Lenny Comma will exit the fast food chain at an unspecified date after 18 years with the restaurant and six years as chief executive. The chain has no successor in place.
By Emma Liem Beckett • Dec. 11, 2019 -
Chipotle gives away burritos on Instagram
The QSR chain is offering free burritos to the first people who respond by text message to its short-lived Instagram posts.
By Robert Williams • Dec. 11, 2019 -
IHOP flips into fast casual segment with new concept
The restaurant chain will open Flip'd by IHOP in Atlanta in April, with locations in New York City, Washington D.C., Denver and San Francisco under consideration for next year.
By Julie Littman • Dec. 11, 2019 -
Retrieved from McDonald's on September 26, 2019
McDonald's could sell 250M Beyond Meat burgers annually in US, report says
Though the fast food giant is only selling 20 to 30 plant-based burgers per day in its Canadian test, UBS predicts the product would eventually drive strong sales if sold in America.
By Lauren Manning • Dec. 11, 2019 -
Wendy's outsourcing IT, expects up to $15M restructuring costs
The chain expects severance and related employee costs to be between $8 million and $9 million.
By Samantha Schwartz • Dec. 11, 2019 -
Famous Dave's parent grilling up new concepts
BBQ Holdings is opening a new concept in Oklahoma with pitmaster Travis Clark called Clark Crew BBQ as part of its strategy to become a multi-brand company.
By Alicia Kelso • Dec. 10, 2019 -
Chicken Salad Chick bought by new private equity firm
The chain grew system sales seven-fold under previous majority owner Eagle Merchant Partners, and plans to roll out 250 new stores in the next five years.
By Lauren Manning • Dec. 9, 2019 -
Dive Awards
Innovator of the Year: Kitchen United
The startup has an aggressive growth plan to open 400 kitchen centers in the next few years, helping launch more delivery-only restaurants and differentiating itself with integrated tech platforms.
By Julie Littman • Dec. 9, 2019 -
Dive Awards
Restaurant of the Year: Chick-fil-A
The QSR's customer service and focus on technology have driven meteoric growth, making it the third-largest U.S. restaurant chain despite negative publicity and city bans.
By Julie Littman • Dec. 9, 2019 -
Retrieved from Starbucks on November 01, 2019
Dive Awards
Executive of the Year: Kevin Johnson, Starbucks
Johnson emerged from former CEO Howard Schultz's shadow, identifying the coffee chain's pain points and using his tech background to boost innovation and sales.
By Emma Liem Beckett • Dec. 9, 2019 -
Dive Awards
The Restaurant Dive Awards for 2019
From McDonald's purchase of Dynamic Yield to Chick-fil-A's operational edge, these are the companies and executives that shaped the restaurant industry this year.
Dec. 9, 2019 -
Dive Awards
Emerging Brand of the Year: MOD Pizza
The top-your-own pizza chain is leveraging savvy tech investments and off-premise optimization to win a hefty — and growing — slice of market share from legacy brands and nimble newcomers.
By Emma Liem Beckett • Dec. 9, 2019 -
Burger King to expand its Canadian footprint by 25% in 5 years
Burger King plans to open more than 100 restaurants in Ontario and Manitoba in the next five years.
By Alicia Kelso • Dec. 6, 2019 -
Ford will upcycle McDonald's coffee waste into car parts
The fast food chain's latest partnership is part of its long-standing sustainability initiatives, which includes reducing plastic packaging waste and its 2020 goal of sourcing coffee from 100% sustainable sources.
By Lauren Manning • Dec. 6, 2019 -
Dave & Buster's cashes in on contactless commerce app
The restaurant chain's app uses NFC technology to let customers play games with a phone tap and manage rewards points.
By Robert Williams • Dec. 5, 2019 -
Retrieved from KFC on December 05, 2019
KFC brings back its fried chicken-scented Firelogs
The logs, made from recycled materials via a partnership with Enviro-Log, will be available exclusively on Walmart's website.
By Barry Levine • Dec. 5, 2019 -
Chipotle enforces sick policy, reports no food safety issues since 2017
Following a norovirus incident in 2017 that sickened several customers, the fast casual chain has enforced its sick policy and new food safety standards, resulting in no incidents within the last two years.
By Julie Littman • Dec. 5, 2019 -
Chipotle agrees to $95K payout in sexual harassment suit
A former employee claims he was locked in a walk-in freezer for reporting a sexual harassment incident, adding to a slew of sexual harassment lawsuits hitting the QSR space.
By Alicia Kelso • Dec. 4, 2019 -
On the Border settles race claim for $100K and a letter from its chief people officer
EEOC alleged the employer failed to act when employees at the restaurant repeatedly subjected a co-worker to racial slurs.
By Lisa Burden • Dec. 4, 2019 -
Deliveroo CFO departs before funding round investigation
Raif Jacobs is one of five executives to leave Deliveroo this year, including its COO, chief technology officer, chief people officer and chief legal officer.
By Jane Thier • Dec. 3, 2019