Corporate Operations: Page 68
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Starbucks secures $1B sustainability bond
The coffee chain's third and largest sustainability fund will support its efforts to ethically source coffee as well as build 10,000 green stores globally by 2025.
By Alicia Kelso • May 14, 2019 -
Deep Dive
Impossible shortage burning restaurants that put it on the map
Independents are accusing the company of overpromising production capacity and hanging them out to dry following major corporate partnerships. Will $300 million in new funding be enough to restore both supply and its reputation?
By Emma Liem Beckett • May 13, 2019 -
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 -
Chick-fil-A is researching plant-based chicken substitutes
While there are several meatless burger options, the company could be the first major fast food chain to offer a plant-based chicken item in the U.S.
By Lauren Manning • May 13, 2019 -
Column
Shift Change: McDonald's taps new CMO, Wendy's creates new exec roles
This week's Shift Change highlights executive changes at McDonald's, Wendy's, Dave & Buster's, Marco's Pizza and Mooyah.
By Emma Liem Beckett • May 9, 2019 -
Eataly to enter Texas with new Dallas location
The beloved Italian marketplace, which includes both a restaurant and grocery store, will open its seventh location inside one of the country's most popular malls in 2020.
By Jennifer Sweeney • May 9, 2019 -
More franchisee trouble for Subway as it's accused of arbitrary infractions
The schism between the franchisor and some franchisees is a warning sign for the health of the brand, which closed more than 1,000 units last year.
By Alicia Kelso • May 7, 2019 -
Schnatter sells $157.5M worth of Papa John's stock
Recently stripped of his contractual rights as founder and with no formal role, Schnatter unloaded an additional 3.4 million shares on Tuesday, reducing his stake in the pizza chain to 19%.
By Emma Liem Beckett • Updated May 23, 2019 -
Impossible Burgers run short as manufacturer 'spares no expense' to double supply
Statements from the company confirm its production capacity and increased demand, not trouble sourcing ingredients, has caused the shortage.
By Emma Cosgrove • May 7, 2019 -
Starbucks taps Microsoft ML for weather, inventory-based order suggestions
The developments with Microsoft are part of a five-year strategy, which includes investigating disruptive technology and creating proprietary solutions.
By Samantha Schwartz • May 7, 2019 -
How activist investors led Panera founder to sell
Short-term thinking from shareholders is hurting long-term profits at public restaurants, says Panera founder Rob Shaich.
By Julie Littman • May 6, 2019 -
Shake Shack, Tender Greens focus on female diversity
In separate announcements, the burger company awarded 60% of its 2018 promotions to women, while the health-focused fast casual said it would fill half of its leadership positions with women by 2020.
By Lauren Manning • May 6, 2019 -
Booking Holdings acquires guest management platform Venga
The move lets OpenTable's restaurant clients create comprehensive diner profiles that include eating preferences and spend and order history.
By Emma Liem Beckett • May 6, 2019 -
DoorDash enters hospitality with Wyndham Hotels deal
Guests will enjoy expanded offerings through the new partnership at select Wyndham banners including La Quinta, Super 8 and Days Inn.
By Lauren Manning • May 3, 2019 -
Column
Shift Change: REGO Restaurant Group hires culinary director, eatsa gain new CEO
This week's Shift Change highlights executive changes at CKE Restaurants, eatsa, Brinker International and REGO Restaurant Group.
By Emma Liem Beckett • May 3, 2019 -
Denny's promotes brand revamp in multicultural push
In addition to its tech-focused overhaul geared towards millennials, a new multimedia campaign will target African-American and Hispanic diners.
By Lauren Manning • May 2, 2019 -
Why Chick-fil-A is opening a company-owned distribution center
A pilot facility set to open in Georgia this summer will be a testing ground while the full-scale location is expected in 2020 and will serve up to 300 restaurants.
By Alicia Kelso • May 1, 2019 -
Catering grew 50% faster than entire restaurant industry in 2018
As off-premise business grows, restaurants are honing in on business customers for repeat transactions and higher check size, according to a report from Technomic and ezCater.
By Julie Littman • May 1, 2019 -
Business catering averages $275 per check, says ezCater
Top industries ordering catering include healthcare, IT/technology and finance, but each of these segments have unique off-premise demands.
By Julie Littman • May 1, 2019 -
Sirved launches visual menu database app
The app makes photos one of its main search features for over 400,000 restaurants and aggregates reviews from multiple sources, including Yelp, Google and Facebook.
By Lauren Manning • April 30, 2019 -
Wegmans partners with DoorDash for meal delivery
After piloting Wegmans Meals 2GO in New York, the premium grocer plans to offer delivery through the third-party platform in 40 cities by year's end.
By Jessica Dumont • April 30, 2019 -
Starbucks boosts loyalty membership by 13% following switch to spend-based program
Rewards members made up 41% of U.S. sales last quarter, pointing to how the coffee chain's mobile strategy helps to solidify relationships with key customers and drive repeat sales.
By Robert Williams • April 29, 2019 -
Ad Age: Taco Bell sponsors Bleacher Report's NBA-focused Instagram account
The fast food chain is the first to sponsor House of Highlights on a weekly basis.
By Robert Williams • April 29, 2019 -
Domino's tests GPS delivery tracking in Phoenix
The technology lets customers follow drivers on a map via app or online and receive real-time mobile notifications, and helps managers increase store operation efficiencies.
By Emma Liem Beckett • April 29, 2019 -
McDonald's Germany adds 1st vegan burger
While the fast food chain has been rolling out vegan options in international markets, it has yet to do so in the U.S., despite plant-based initiatives by rivals Burger King, Carl's Jr. and White Castle.
By Lauren Manning • April 26, 2019 -
Panera appoints Krispy Kreme exec as CEO
Niren Chaudhary, who also worked for 20 years at Yum Brands, will replace Blaine Hurst in May and help the company's next stage of growth in the U.S. and abroad.
By Julie Littman • April 26, 2019