Corporate Operations
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Pinstripes warns of corporate layoffs as losses mount
This workforce reduction is part of the chain’s plan to save $4 million in corporate costs, and follows a series of venue-level cost cutting measures.
By Aneurin Canham-Clyne • Sept. 5, 2024 -
BJ’s Restaurants CEO, president Gregory Levin steps down
C. Bradford Richmond, current board director and former Darden CFO, will become interim CEO upon Levin’s departure.
By Julie Littman • Updated Aug. 28, 2024 -
Freddy’s Frozen Custard & Steakburgers launches training facility to support growth
The chain’s ambitious growth plans call for more franchisees and managers. Its training and innovation center will help develop brand leaders.
By Aneurin Canham-Clyne • Aug. 21, 2024 -
Chick-fil-A names new president
Susannah Frost will be responsible for providing strategic clarity and ensuring sustainable growth.
By Aneurin Canham-Clyne • Aug. 16, 2024 -
The restaurant industry’s Q2 winners and losers
The last few months have produced radically different outcomes at publicly traded restaurant brands, ranging from sinking sales at McDonald’s to Wingstop’s 28.6% comparable sales jump.
By Aneurin Canham-Clyne • Aug. 14, 2024 -
What Starbucks’ new CEO choice could mean for the company
Analysts predicted new products and advertising would be immediate points of emphasis for incoming CEO Brian Niccol, with major changes looming on the horizon.
By Aneurin Canham-Clyne • Aug. 14, 2024 -
One Table Restaurant Brands files for Chapter 11 bankruptcy protections
Fees on third-party orders and rising debt costs meant a partial recovery from 2020 was not enough to allow the parent company of Tender Greens and Tacaya to repay its creditors.
By Aneurin Canham-Clyne • July 18, 2024 -
Chipotle CFO Jack Hartung to retire after two decades at chain
Adam Rymer, the company’s current vice president of finance, will become CFO in January.
By Julie Littman • July 10, 2024 -
Jack in the Box to re-enter Chicago market in 2025
The brand, which last operated in the market four decades ago, will start with the development of eight company-operated stores.
By Aneurin Canham-Clyne • July 3, 2024 -
Jack in the Box to enter Georgia with 15-store deal
The fast food chain’s move into the the Peach State is a major boost to its expansion strategy in the Southeast, which has also focused on Florida.
By Aneurin Canham-Clyne • June 12, 2024 -
Blaze Pizza to move HQ to Atlanta
Its East Coast headquarters will help the chain during the next phase of growth, CEO Beto Guajardo said.
By Julie Littman • June 5, 2024 -
Retrieved from Foxtrot website.
Foxtrot files for bankruptcy
The decision to file for Chapter 7 was made during a meeting with Outfox’s board of directors, who reviewed the financial condition of the company and each of its subsidiaries.
By Brett Dworski • May 15, 2024 -
BurgerFi’s sales fell 10% in Q1
The chain attributed some of its difficulties to a consumer pullback, but said weather accounted for its exceptionally poor performance.
By Aneurin Canham-Clyne • May 15, 2024 -
Presto tests voice AI tech that doesn’t require human intervention
The company is “in the process of conducting a live test” of an autonomous version of its voice AI product, months after revealing humans intervene 70% of the time it’s used.
By Aneurin Canham-Clyne • May 7, 2024 -
How McDonald’s and Burger King diverge on value-driven messaging
Price-conscious consumers are forcing the QSR giants down different paths around how to advertise value and invest in their marketing.
By Chris Kelly • May 1, 2024 -
Brix Holdings to buy Clean Juice
The Christian juice chain, which lost dozens of franchise locations over changes to its business model, sold itself for undisclosed terms.
By Aneurin Canham-Clyne • April 29, 2024 -
Cava’s Chicago store marks Midwestern debut
The Wicker Park location is part of the chain’s push to add units after reaching profitability in 2023 and completing its Zoës Kitchen conversions.
By Aneurin Canham-Clyne • April 25, 2024 -
Foxtrot ceases operations
The Chicago-based c-store chain’s sister company, Dom’s Kitchen & Market, suddenly announced Tuesday that all operations have come to a close.
By Brett Dworski • April 23, 2024 -
KFC adds $4.99 meal deal through year’s end
As restaurants across the board face dwindling traffic, the chicken chain is leaning on aggressive discounting to draw customers.
By Aneurin Canham-Clyne • April 8, 2024 -
ASAP goes bust
ASAP, once known as Waitr, ceased its operations over the last few weeks and let go of its executives, prior to filing for Chapter 7 bankruptcy on Tuesday.
By Aneurin Canham-Clyne • Updated April 2, 2024 -
Chester’s Chicken hires EVP of supply chain
Since Bill Rice joined the chain in January, the chicken brand has already launched a supply chain optimization study.
By Aneurin Canham-Clyne • April 2, 2024 -
Chick-fil-A to drop ‘no antibiotics ever’ policy on chicken
Supply concerns are pushing the restaurant chain to relax its standards months after processor Tyson Foods backtracked on a similar pledge.
By Sarah Zimmerman • March 27, 2024 -
Pizza Hut US president resigns
David Graves is leaving the chain after serving four years in multiple roles, and global CEO Aaron Powell will assume his responsibilities for the time being.
By Aneurin Canham-Clyne • March 26, 2024 -
How Corner Bakery grew AUV by $200K in 6 months
Under SSCP Capital’s ownership, the cafe chain seems to be turning a corner using new training, customer feedback tools and dayparts.
By Aneurin Canham-Clyne • March 25, 2024 -
Opinion
Dynamic offers done right: Why Wendy’s was on the right track
Unlike surge pricing, dynamic pricing can enhance brand loyalty and foster a sense of community engagement beyond traditional marketing methods, writes Catherine Tabor, founder and CEO of Sparkfly.
By Catherine Tabor • March 20, 2024