Corporate: Page 2
-
Impossible Burgers are coming to grocery shelves in September
The plant-based burger maker announced a large co-packing agreement with OSI Group that will ramp up its production and reach, which could help ease supply shortages for restaurants.
By Emma Liem Beckett , Jessi Devenyns • Aug. 02, 2019 -
California Pizza Kitchen adds take-and-bake pizzas to line-up
Uncooked pizzas can be baked in 10 minutes or less and reflect CPK's latest attempt to tap into the off-premise market.
By Lauren Manning • Aug. 02, 2019 -
Cheesecake Factory diversifies with $353M Fox Restaurant Concepts buy
The deal brings 45 experience-focused restaurants into the casual giant's portfolio, which the company aims to use as an incubator for future concepts.
By Emma Liem Beckett • Aug. 01, 2019 -
Q&ATimes Square McDonald's takes infill building to the extreme
Constructing the $10 million, eight-month-long project on such a heavily trafficked site meant overcoming myriad challenges and safety issues, said Schimenti's Gregg Chappell.
By Jenn Goodman • Aug. 01, 2019 -
McDonald's pilots takeaway-only format in London
The test store's streamlined format includes ATM-style order kiosks and has no seating, focusing entirely on takeout orders.
By Lauren Manning • Aug. 01, 2019 -
Pizza Hut could temporarily close up to 500 stores over next 2 years
Underperforming units will be transformed into express stores focused on carryout and delivery with existing or new franchisee partners.
By Julie Littman • Aug. 01, 2019 -
Beyond Meat will double production capacity by the end of 2019
Internal production capacity is essential to meeting the company's goal of underpricing meat in multiple categories, said CEO Ethan Brown.
By Emma Cosgrove • Aug. 01, 2019 -
Beyond Meat's restaurant and foodservice revenue skyrockets 486%
The division raked in $53.8 million in the first half of the year, driving half of the plant-based company's revenue just three months after its IPO.
By Emma Liem Beckett • July 30, 2019 -
Sweetgreen's new store layout eliminates assembly line
The new store, which will open in New York City this fall, also swaps out chalkboard menus for digital displays and lets customers order from kiosks or staff with iPads.
By Lauren Manning • July 30, 2019 -
Chuck E. Cheese staying private after failed merger
The eatertainment's parent company and Leo Holdings terminated their merger agreement on Monday, a move that will keep the chain from re-entering the public market.
By Julie Littman • July 29, 2019 -
Tim Hortons fries up plant-based eggs for breakfast
The Canadian QSR is the first major fast food restaurant to use Just Egg and follows up on its addition of Beyond Sausage to its menu.
By Lauren Manning • July 26, 2019 -
ColumnShift Change: Dunkin' Brands hires HR exec; Quiznos parent appoints CFO
This week's Shift Change highlights new leadership at REGO Restaurant Group, Dunkin' Brands, McDonald's, Moe's Southwest Grill and more.
By Julie Littman • July 26, 2019 -
Yum Brands taps new CEOs for Taco Bell, Pizza Hut
With Taco Bell CEO Mark King and Pizza Hut CEO Artie Starrs, the two QSR brands appear to be eyeing continued rapid international growth.
By Julie Littman • July 26, 2019 -
Starbucks' digital strategy is working. Now it wants to dive deeper
With $6.8 billion in revenue during the last quarter and its stock price at an all-time high, the coffee chain is already banking on its tech initiatives.
By Roberto Torres • July 26, 2019 -
Popeyes plants its flag in KFC territory: China
Popeyes signed an agreement to develop over 1,500 units in China during the next 10 years, which could start chipping away at KFC's longtime dominance in the region.
By Alicia Kelso • July 24, 2019 -
Cracker Barrel buys $140M stake in Punch Bowl Social
In a move that lets it better diversify, the casual dining chain has taken a non-controlling position in the eatertainment brand, which grew 34% last year.
By Julie Littman • July 23, 2019 -
McDonald's departing global CMO will be replaced by 2 new SVPs
Two current employees will fill the newly created roles of global marketing SVP and marketing technology SVP after Silvia Lagnado's departure.
By Barry Levine • July 23, 2019 -
Starbucks to license exclusive technology with new partnership
Brightloom, formerly eatsa, will create an all-in-one platform, which will include the coffee giant's mobile and loyalty technology, that will be available to the wider industry.
By Julie Littman • July 23, 2019 -
Red Robin's investor fight symptom of a changing Wall Street
The casual dining company is just one of many under the microscope of shareholders lately, and more will likely be next.
By Julie Littman • July 22, 2019 -
Private equity firm triples investment with Jack's Family Restaurants sale
Onex Group is in the process of selling the casual dining chain, reportedly receiving $835 million in proceeds from the transaction compared to its original investment of $234 million.
By Alicia Kelso • July 22, 2019 -
Column
Shift Change: Luby's, Checker's & Rally's boost IT teams
This week's Shift Change highlights new executives at Rave Restaurant Group, Freshii, QDOBA, Checker's & Rally's and Luby's.
By Julie Littman • July 19, 2019 -
Impossible Foods shortage ends — for now
Even though the plant-based meat manufacturer has stepped up operations on multiple fronts, another shortage could occur if demand were to spike.
By Lauren Manning • July 19, 2019 -
Cooper's Hawk confirms investment by Ares Management
Cooper's Hawk CEO Tim McEnery said the new investment from the private equity firm will help accelerate growth.
By Alicia Kelso • UPDATED: July 24, 2019 at 7:57 a.m. -
Restaurant industry to hire former inmates to ease labor shortage
The National Restaurant Association Educational Foundation received a $4.5 million grant from the U.S. Department of Labor to develop model training and job placement programs for young adults who are currently or were recently incarcerated.
By Alicia Kelso • July 15, 2019 -
Starbucks rolls out express store in China
The new stripped-down format, which is focused on delivery and mobile orders, will better position the coffee chain against its growing competitor Luckin.
By Lauren Manning • July 15, 2019
Previous
