Corporate Operations: Page 83


  • 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
  • Front-of-end restaurant staff uses SevenRooms' customer relationship management software. Explore the Trendline
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    Courtesy of SevenRooms
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    Trendline

    How AI is shaping the restaurant industry

    Automated technology can transform restaurant systems and relieve pressure from rising operating costs, opening up new opportunities for chains looking to sharpen their value proposition. 

    By Restaurant Dive staff
  • 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
  • Honeygrow to shutter all Chicago stores

    Despite recent investments, the salad and stir-fry chain has struggled to keep up with high rent and employee training, especially in the dense cities of Chicago, New York and Washington, D.C.

    By Kristine Sherred • Nov. 9, 2018
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    Impossible Foods
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    Impossible Burger will be sold in grocery stores next year

    The move into retail will add to the approximately 5,000 restaurants in all 50 states where the plant-based burger is now available — a huge jump from about 50 restaurants a year ago.

    By Cathy Siegner • Nov. 9, 2018
  • Sonic president will lead the chain after Inspire deal closes

    Claudia San Pedro, a 12-year-veteran of the drive-in restaurant company, will join Inspire Brands' executive team when longtime Sonic CEO Cliff Hudson retires at the end of the year.

    By Kristine Sherred • Nov. 8, 2018
  • Papa John's 'Voices' campaign helps shift brand perception

    Following efforts to use storytelling to put a more relatable face on the company, consumer sentiment moved from negative to neutral or positive.

    By Erica Sweeney • Nov. 8, 2018
  • El Pollo Loco ordered to fix franchisee contracts to open new stores

    More than half of the chain's locations are franchised, and operators aren't happy with the company's decision to open corporate-owned stores in close proximity to their longstanding restaurants.

    By Kristine Sherred • Nov. 7, 2018
  • Q&A

    Waffle House serves up emergency preparedness with a side of social responsibility

    The chain's restaurants so rarely cease operations that FEMA even has a Waffle House test. But how does it care for employees — and communities — when the worst happens?

    By Jennifer Carsen • Nov. 7, 2018
  • Papa Gino's parent company files for bankruptcy

    PGHC, which owns the New England favorite as well as D'Angelo Grilled Sandwiches, abruptly closed 95 stores and laid off 1,100 employees.

    By Kristine Sherred • Nov. 6, 2018
  • Chicken chain Bojangles' to go private for $594M

    The move could give the Charlotte-based company the leverage it needs to better compete with rivals like Chick-fil-A, KFC and Popeyes, and develop long-term growth initiatives.

    By Nov. 6, 2018
  • El Pollo Loco's rebrand will focus on Hispanic consumers, delivery

    The California-based Mexican quick-service chain wants to build on a new logo and store design, focusing on its made-in-house ingredients and family dinners.   

    By Kristine Sherred • Nov. 5, 2018
  • Starbucks' renewed focus on coffee, 'happy hour' deals pays off

    The coffee giant reported record consumer spending for its fourth quarter, breaking the company out of its U.S. sales slump and growing revenue 10% to $6.3 billion.

    By Nov. 2, 2018
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    Retrieved from McDonald's on November 02, 2018
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    McDonald's focuses on poultry with made-to-order meals

    The addition of two new customizable products at more than 160 Washington restaurants comes as the chain looks to become a go-to chicken destination. 

    By Kristine Sherred • Nov. 2, 2018
  • Private equity suitors reportedly wooing Papa John's

    Anonymous sources told Reuters that binding offers for the world's third-largest pizza chain are expected in the next few weeks. 

    By Alicia Kelso • Nov. 1, 2018
  • McDonald's employees to shadow influencers in their favorite industries

    The chain's mentorship track lets workers learn from people like Empire actor Bryshere Gray, YouTube star Tyler Oakley and dermatologist Meena Singh.

    By Kristine Sherred • Nov. 1, 2018
  • Applebee's pays $100K to settle transgender hostess' bias suit

    EEOC guidance on transgender discrimination has been challenged in court, but the agency continues to enforce its position, suing employers that don't comply with its directive.

    By Lisa Burden • Nov. 1, 2018
  • Denny's stock surges on news of aggressive refranchising plan

    The chain's move to sell nearly all of its company-owned stores comes under the shadow of McDonald's and Jack in the Box's power struggles with their heavily franchised systems. 

    By Nov. 1, 2018
  • Jack in the Box franchisees ask for board seat, marketing audit

    Less than a month after the fast food chain's franchisee association called on CEO Lenny Comma to step down, the group is now pushing for a "solutions-focused meeting" to rein in declining transactions.

    By Alicia Kelso • Oct. 31, 2018
  • On-demand delivery startup Deliv secures $40M in funding

    The new round raised the company's valuation to several hundred million dollars and offers further evidence of investors' growing interest in the food delivery scene. 

    By Jessica Dumont • Oct. 31, 2018
  • Sweetgreen raises $200M, joins the unicorn club

    Fidelity Investments led the funding round in the Los Angeles-based salad concept, which is now valued at $1 billion and plans to use the cash to improve its delivery and supply chain.

    By Alicia Kelso • Updated Nov. 13, 2018
  • Parent company of Cinnabon, Jamba Juice considers IPO

    Fresh off its Jamba Juice acquisition news, Roark Capital is considering a $1 billion valuation next year for its quick-service restaurant portfolio Focus Brands, which will soon operate 6,000 locations around the world.

    By Kristine Sherred • Oct. 30, 2018
  • Walmart plans supercenter transformation with new 'town centers'

    Restaurants like Shake Shack and Caribou Coffee are potential partners as the retailer pushes for more shoppers and greater efficiency. 

    By Jeff Wells • Oct. 29, 2018
  • Deep Dive

    After public stumbles, Chipotle changes tactics to address food safety

    The burrito chain's varied reactions to its string of foodborne outbreaks can serve as lessons to other restaurants in how to respond when disaster — and bacteria — strikes.

    By Jacqueline Renfrow • Oct. 29, 2018