Operations: Page 62
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Luckin Coffee hit with $180M SEC fine
The company misstated earnings and revenue to suggest it was achieving rapid growth and increased profitability when it wasn't, the Securities and Exchange Commission says in its settlement agreement.
By Robert Freedman , Emma Liem Beckett • Dec. 17, 2020 -
Sweetgreen will open its first drive-thru in 2021
The test location will feature dedicated parking spots where diners can order from intercoms. Customers who want to eat on-premise can dine in their cars or at an outdoor patio area.
By Emma Liem Beckett • Dec. 17, 2020 -
McDonald’s USA president calls for end of corporate communication freeze, Restaurant Business reports
Joe Erlinger called on franchisees in a video Thursday to end a six-week halt in nonessential communication with corporate, which was incited by frustration over new fees and the end of a Happy Meal subsidy.
By Emma Liem Beckett • Updated Jan. 22, 2021 -
Postmates joins Uber, DoorDash in bankrolling driver benefits in CA with price hikes
The aggregators are rolling out customer fees to help pay for healthcare subsidies, mileage reimbursement and occupational insurance they promised in winning ballot measure Proposition 22.
By Emma Liem Beckett • Updated Jan. 20, 2021 -
Bankruptcy court approves By Chloe's plan to sell company
Co-founder and chef Chloe Coscarelli is reportedly exploring a bid for the company, which she left after a dispute with a shareholder.
By Julie Littman • Updated Jan. 8, 2021 -
Retrieved from Domino's on December 14, 2020
Domino's to offer over $9.6M in bonuses to 11,500 employees
During December, company-owned restaurant and supply chain workers will receive up to $1,200 in extra compensation.
By Julie Littman • Dec. 14, 2020 -
As winter looms, NYC restaurants shutter indoor dining once again
The NYC Hospitality Alliance said in an email the ban "is at odds with the State's own data that’s been presented as driving these decisions, and it will be the last straw for countless more restaurants and jobs."
By Emma Liem Beckett • Dec. 14, 2020 -
Alabama Extension. (2020). "The image" [Photograph]. Retrieved from Flickr.Q&A
Should you close, sell or declare bankruptcy? What restaurants need to know.
Edward Webb, advisory partner at consultancy BPM, discusses what operators struggling to meet their financial obligations should consider in their next steps.
By Julie Littman • Dec. 14, 2020 -
Retrieved from Starbucks on June 03, 2020
All US Starbucks employees to make at least $15 an hour in 3 years
The company's latest commitment follows an announcement to begin increasing pay by at least 10% starting Dec. 14.
By Julie Littman • Dec. 10, 2020 -
Taco Bell CFO moves to Qdoba after 6 months
Leviathan Winn, who spent the bulk of his career in investment banking before stepping in as Taco Bell's global CFO in May, was named Qdoba's finance chief Monday.
By Jane Thier • Dec. 9, 2020 -
Dive Awards
Executive of the Year: Rob Lynch, Papa John's
Lynch vaulted the pizza chain from a culture crisis left by founder John Schnatter to a path to growth marked by menu innovation, a marketing reset and deep franchisee support.
By Emma Liem Beckett • Dec. 9, 2020 -
Retrieved from Chipotle on July 15, 2020
Dive Awards
Company of the Year: Chipotle
While its digital platform has become a major driver of sales during the pandemic, the company's shifting menu innovation and marketing strategies continue to help boost brand awareness and sales.
By Julie Littman • Dec. 9, 2020 -
Dive Awards
The Restaurant Dive Awards for 2020
From Chipotle to DoorDash, these are the companies and executives that led restaurant industry innovation in a time of crisis.
By Restaurant Dive Team • Dec. 9, 2020 -
Papa John's cooks up a supplier diversity program from scratch
A top-down mandate and good data are essential ingredients in a successful effort to diversify suppliers, said the pizzamaker's director of diversity, equity and inclusion.
By Emma Cosgrove • Dec. 8, 2020 -
Retrieved from hoots wings on December 08, 2020
Hooters to expand its fast casual chain through franchising
Parent company HOA Brands wants to take the seven-unit wings concept to more than 100 units by 2022.
By Julie Littman • Dec. 8, 2020 -
McDonald's the latest restaurant chain to accuse Tyson, Pilgrim's Pride of price fixing
The fast-food giant joins other restaurants, CPG companies, grocery chains and distributors who have levied similar changes against the chicken processors.
By Lillianna Byington • Updated April 8, 2021 -
Restaurants reported a net loss of jobs for the first time since April
A new study from the National Restaurant Association also reveals job losses could get worse, with only 5% of operators expecting to increase staffing levels in the next three months.
By Julie Littman • Dec. 7, 2020 -
McDonald’s US franchisees to shoulder more costs, Bloomberg reports
The fast food chain is ending a $300-per-month subsidy it pays each franchisee and is shifting operators to a "pay as you go" model for tech investment, and operators told Restaurant Businesses these changes caught them by surprise.
By Emma Liem Beckett • Dec. 4, 2020 -
Del Taco to pay $1.25M to settle sexual harassment lawsuit
The settlement is among the largest financially of the year for sexual harassment cases based on a search of EEOC database in 2020.
By Julie Littman • Dec. 4, 2020 -
El Pollo Loco unveils 2 restaurant designs prioritizing off-premise channels
The new models include dual drive-thru lanes, dedicated curbside parking spaces, cubbies for mobile to-go orders, digital menu boards and either no dining room or a smaller one.
By Alicia Kelso • Dec. 3, 2020 -
Wisconsin to issue $45M in aid to restaurants
Under the We're All In For Restaurants program, the state will provide $20,000 for 2,000 eligible businesses, which will receive the funding automatically based on tax records.
By Julie Littman • Dec. 3, 2020 -
Many California restaurants must end indoor, outdoor dining amid stay-at-home order
Regions with less than 15% ICU availability, which the state predicts to be the majority of counties within the coming weeks, will only be allowed to operate restaurants for takeout and delivery until capacity increases.
By Julie Littman • Dec. 3, 2020 -
Jamba debuts autonomous smoothie kiosk in Walmart
The smoothie-making robot, which is co-branded with Blendid, makes beverages using a robotic arm, blenders, refrigeration system and ingredient dispensers.
By Catherine Douglas Moran • Dec. 3, 2020 -
Jimmy John's partners with DoorDash using self-delivery product
The partnership marks a strategy shift for the sandwich chain, which once vowed never to work with third-party apps.
By Julie Littman • Dec. 2, 2020 -
Thrillist, Zuul launch rotating ghost kitchen in New York City
A series of 10 restaurants will lead a two-week chef residency at the shared kitchen facility in the SoHo district, offering limited-edition meals for delivery. Thrillist will cover food, labor, packaging and delivery costs.
By Alicia Kelso • Dec. 1, 2020