Corporate Operations: Page 61
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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 -
Pizza Hut tests in-store kiosks with Brookshire
As the pizza chain explores more avenues to grow sales, it entered into a partnership with a grocery retailer and could expand it to other stores in Texas, Arkansas and Louisiana.
By Lauren Manning • Dec. 3, 2019 -
Subway to start the year with pricing discounts despite previous protests
Under new CEO John Chidsey, the chain eyes price cuts to at least two sandwiches, according to the New York Post, despite complaints from franchisees.
By Julie Littman • Dec. 2, 2019 -
Group criticizes McDonald's for fired CEO's $42M severance package
Investors and New York City's comptroller told the fast food chain that they were "distressed" by the substantial severance Steve Easterbrook received and urged it to adopt a stronger clawback policy.
By Alicia Kelso • Nov. 27, 2019 -
Column
Shift Change: Starbucks hires exec focused on diversity; Carrols brings on new CFO
This week's Shift Change also highlights new executives at Roy Rogers and Another Broken Egg Cafe.
By Julie Littman • Nov. 27, 2019 -
Pay by the numbers: How much top restaurant execs make compared to their employees
Compensation for the CEOs of public companies averaged over $5 million in 2018 while average pay was just over $10 per hour for workers.
By Julie Littman • Nov. 27, 2019 -
Burger King's largest operator taps new CFO after $8.3M flub
After a major discounting error by Carrols Restaurant Group' over the summer, Realogy Holdings Corp. strategist and former CFO Anthony Hull is stepping in to restore order.
By Jane Thier • Nov. 27, 2019 -
Golden Corral steps up franchisee incentives in remodel push
The buffet chain is offering $10,000 to $140,000 credits toward the remodel, marketing costs or retraining for franchisees that complete its new redesign.
By Alicia Kelso • Nov. 26, 2019 -
Retrieved from McDonald's on November 26, 2019
McDonald's Thanksgiving Twitter contest gifts a year of Uber Eats delivery
Uber Eats is also waiving delivery fees for late-night McDonald's orders from Nov. 27 through Cyber Monday.
By Robert Williams • Nov. 26, 2019 -
Starbucks hires global diversity and inclusion officer
Nzinga Shaw, who starts in January, joins Starbucks in the wake of a recent racial controversy.
By Lauren Manning • Nov. 26, 2019 -
Retrieved from KFC on November 26, 2019
KFC hides 11 holiday gifts in limited-edition bucket illustrations
Customers can snap pictures of the drawings by Nicholas John Frith and post them to Instagram for a chance to win their real-world counterparts.
By Barry Levine , Peter Adams • Nov. 26, 2019 -
California McDonald's workers win $26M settlement over wage theft
The agreement ends seven years of litigation over pay and hour violations at corporate stores, but this isn't the only class action lawsuit involving the chain.
By Julie Littman • Nov. 25, 2019 -
Q&A
Blaze Pizza uses digital, drive-thrus to slice up market competition, says CEO Mandy Shaw
The brand's new leader believes its franchise model and focus on multiple off-premise touch points threaten fast casuals and legacy pizza chains slow to engage with third-party delivery.
By Emma Liem Beckett • Nov. 25, 2019 -
Column
Shift Change: CPK's new EVP to oversee international expansion
This week's Shift Change also highlights executive news from Wingstop, Your Pizza, RAVE Restaurant Group and Kura Sushi.
By Julie Littman • Nov. 22, 2019 -
ADA lawsuits target physical gift cards
Starbucks appears to be the only major restaurant retailer that provides gift cards with Braille, according to a growing number of ADA-based lawsuits.
By Lauren Manning • Nov. 22, 2019 -
Workers sue McDonald's over workplace violence
The lawsuit alleges that the company's new design fails to minimize the threat of violence and that the chain doesn't adequately train staff to handle conflicts.
By Alicia Kelso • Nov. 22, 2019 -
Deep Dive
From food halls to ghost kitchens, collaboration is on the menu for grocers and restaurants
While both can siphon dollars from the other, the right partnerships could boost operational efficiencies, drive brand awareness and elevate food offerings.
By Jeff Wells • Nov. 21, 2019 -
DC sues DoorDash over tipping model, seeks millions in recovery
The city's attorney general brought a lawsuit against the delivery platform Tuesday, and wants to impose civil penalties for the brand's "deceptive" past practices.
By Emma Liem Beckett • Nov. 20, 2019 -
DoorDash may ditch IPO plans for direct listing
With over $2 billion raised and a valuation of nearly $13 billion, the aggregator may not need additional capital through a traditional IPO, which often comes with increased investor pressure and scrutiny.
By Alicia Kelso • Nov. 20, 2019 -
Mariano's to open new BBQ concept to replace Pork & Mindy's
Following the Chicago-based restaurant's bankruptcy filing, the grocer says it will open a new brand called Mariano's Smokehouse.
By Krishna Thakker • Nov. 20, 2019 -
Apollo considers selling Qdoba for $550M
The company's asking price is 80% higher than the $305 million it paid to buy the chain from Jack in the Box in 2018.
By Julie Littman • Nov. 19, 2019 -
Burger King: Impossible Whoppers never advertised as vegan
Other QSRs like White Castle and Dunkin' have already put protocols in place to keep the products separate from meat during the cooking process.
By Lauren Manning • Updated Jan. 31, 2020 -
Retrieved from KFC on May 23, 2018
KFC's CTO started as an intern. Now he leads its tech strategy
Chris Caldwell has had a front-row seat to Yum Brands' modernization, from rolling out Microsoft Exchange Servers to AI-enabled drive-thrus.
By Samantha Schwartz • Nov. 19, 2019 -
Starbucks loses traffic to open bathroom policy
A new study found that visits to Starbucks dropped 6.8% following the company's adoption of the new store rule in May 2018.
By Alicia Kelso • Nov. 18, 2019 -
Chick-fil-A will no longer donate to anti-LGBTQ nonprofits
The fast food chain's charitable arm will highlight organizations that focus on education, homelessness and hunger.
By Julie Littman • Nov. 18, 2019