Corporate Operations: Page 76


  • Report: As major bidder backs out, Papa John's may have to recover on its own

    The Wall Street Journal reported Tuesday that Trian Fund Management has pulled itself out of acquisition talks, which sent the restaurant’s shares in a tailspin, and remaining bidders only want a slice of the chain. 

    By Alicia Kelso • Nov. 28, 2018
  • Q&A

    Abuelo's CMO dishes on social influencers and scooping up the growing Gen Z market

    The Tex-Mex chain's Renae Scott discusses influencer marketing's challenges and opportunities and what success looks like to the company.

    By Jacqueline Renfrow • Nov. 28, 2018
  • 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
  • Will additional funding for Deliveroo spark a deal with Uber Eats?

    The London-based delivery company is reportedly looking to raise up to $500 million from investors to strengthen its current valuation of $2 billion to as much as $4 billion. 

    By Alicia Kelso • Nov. 27, 2018
  • QSRs to grow 4.6% globally by 2022, bolstered by consumer demand

    North America leads the quick-service segment, but growth in Asia and Europe will revive the category as global diners push for unique experiences in convenient packages.

    By Kristine Sherred • Nov. 27, 2018
  • Hy-Vee launches delivery from six Market Grille locations

    The Des Moines, Iowa-based grocer's latest delivery test includes lunch and dinner options that can be ordered through the restaurant's dedicated app. 

    By Krishna Thakker • Nov. 27, 2018
  • Global food delivery companies struggle to reach profitability

    Shares of Chinese delivery giant Meituan Dianping have dropped more than 20% since September, as the company drives sales in exchange for profit. 

    By Alicia Kelso • Nov. 26, 2018
  • Q&A

    Q&A: Panda Express carries the Chinese-American torch, 35 years later

    Culinary director Jimmy Wang shares how the restaurant has evolved since its launch in 1983 and how iconic menu items like orange chicken acclimated U.S. consumers to Chinese food.

    By Kristine Sherred • Nov. 26, 2018
  • Food waste reduction is a high priority for U.S. diners, study shows

    Seventy-two percent of American consumers care about how businesses handle food waste, and nearly half would pay more for restaurants with food recovery plans. 

    By Kristine Sherred • Nov. 26, 2018
  • Beyond Meat's future has ties to a successful tea maker

    Seth Goldman founded organic tea maker Honest two decades ago. Today, he has an executive role at the maker of plant-based products and notes the many similarities between the two companies.

    By Christopher Doering • Nov. 26, 2018
  • Yum Brands names Target CEO as non-executive board chairman

    The appointment of Brian Cornell, a veteran of PepsiCo Americas Food as well as Sam's Club and Safeway, could signal a continued focus on international expansion. 

    By Kristine Sherred • Nov. 21, 2018
  • Jack in the Box franchisees dispute lease restructuring to new property company

    The franchisee association alleges the burger chain's proposed strategy to move leases under a new property company could leave owners high and dry.

    By Kristine Sherred • Nov. 20, 2018
  • Jollibee expansion to bring more Filipino fried chicken to US, Canada

    The company calls the move to open 250 locations between the two countries just its first steps in becoming a top five quick-service restaurant. 

    By Kristine Sherred • Nov. 19, 2018
  • Panera intensifies breakfast competition by adding delivery

    The fast casual giant, which began delivery in 2014, announced it will add breakfast delivery to 381 cafes for orders of $5 or more. 

    By Alicia Kelso • Nov. 19, 2018
  • Survey: Restaurant remodels still cost less than building from the ground up

    Median costs for a brand-new restaurant land around $650,000 versus $425,000 to retrofit a space for foodservice, yet profits end up equal, according to a survey of 580 operators.

    By Kristine Sherred • Nov. 16, 2018
  • Free mug-share program wants to replace paper coffee cups

    Eco-friendly startup Vessel has partnered with four Colorado cafes, where customers can use an app to grab a reusable stainless steel mug that can be returned at other shops or kiosks near transit stations.

    By Kristine Sherred • Nov. 16, 2018
  • Uber Eats courier
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    "The image" by shopblocks is licensed under CC BY 2.0
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    Will Uber's rewards program be enough to create delivery loyalty?

    The company is rolling out a tiered loyalty system, which is applicable to both its ride-hailing and food delivery services, to nine U.S. cities.

    By Alicia Kelso • Nov. 15, 2018
  • Punch Bowl Social hires executive culinary director

    The Denver-based eatertainment concept's focus on its food offerings, which drive 89% of company sales, could make it a competitive rival for both barcades and traditional eateries.

    By Kristine Sherred • Nov. 15, 2018
  • Brazil's leading delivery app iFood snags $500M

    Processing nearly 400,000 orders per day, the app and its parent company Movile try to differentiate themselves from competitors by offering analytics, an online marketplace and financial services products.

    By Kristine Sherred • Nov. 15, 2018
  • KFC steps into streetwear with collection from famed Japanese designer Nigo

    Gear for the "fashionable, finger lickin' hypebeasts of the world" will be available at a New York pop-up on Nov. 16.

    By Erica Sweeney • Nov. 15, 2018
  • Chick-fil-A launches nationwide delivery with DoorDash

    The chain began testing the service in select markets in 2017, and is also experimenting with locations specifically designed for delivery fulfillment only. 

    By Alicia Kelso • Nov. 14, 2018
  • Starbucks is laying off 5% of corporate employees

    Jobs in marketing, creative, product, technology and store development will be eliminated or shuffled.

    By Kristine Sherred • Nov. 14, 2018
  • Another activist investor takes a stake in Jack in the Box

    Blue Harbour Group disclosed a 6.8% stake in the chain with a goal of holding management talks about capital structure and strategic alternatives. 

    By Alicia Kelso • Nov. 13, 2018
  • Frustrated Papa John's franchisees hire lawyer as sales slip

    The chain's restaurant owners' association, which claims operators have been "left to fend for themselves," has hired industry attorney Robert Zarco for representation in talks with the company and former chairman John Schnatter. 

    By Alicia Kelso • Nov. 12, 2018
  • Moe's invests in store remodels, street-style menu items

    After years of steady growth, the chain is turning to its Southwestern roots for menu inspiration and a more sophisticated in-store experience.

    By Kristine Sherred • Nov. 12, 2018
  • Can a sale drive a Papa Murphy's turnaround?

    Following its third-quarter earnings report, Papa Murphy's hired North Point Advisors to "evaluate strategic alternatives," including a possible sale.  

    By Alicia Kelso • Nov. 9, 2018