Corporate Operations: Page 13
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Yum sales boosted by Pizza Hut Melts, Taco Bell Mexican Pizza
Value-heavy menu items were key to driving visits among lower-income diners, Yum CEO David Gibbs said on the company’s Q4 earnings call.
By Aneurin Canham-Clyne • Feb. 8, 2023 -
Fat Brands opened a record number of stores in 2022
Last year’s 142-unit expansion could be surpassed by the 175 units slated to open in 2023 as Fat works toward launching 1,000 units in its pipeline.
By Julie Littman • Feb. 7, 2023 -
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 -
Buffalo Wild Wings promotes Tristan Meline to CMO
The full-service chain promoted the VP of brand management to CMO several months after shifting Buffalo Wild Wings’ previous CMO to Arby’s.
By Aneurin Canham-Clyne • Feb. 7, 2023 -
Wendy’s first to test Roku, DoorDash deal around shoppable TV ads
The first-of-its-kind partnership lets DoorDash merchants place click-to-order offers within Roku ads that they can attribute, target and measure.
By Chris Kelly • Feb. 7, 2023 -
Krystal hires Slutty Vegan vet as VP of operations
Jermaine Walker will help support the brand’s drive to staff up and open new units as it aims to reach 500 restaurants by 2027.
By Aneurin Canham-Clyne • Feb. 6, 2023 -
Little Caesars hires former Wendy’s exec as CFO
Leigh Burnside, who left Wendy’s in January, will aid the pizza chain as it grows its accounting team and store count.
By Aneurin Canham-Clyne • Feb. 6, 2023 -
Domino’s adds loaded tater tots to menu
The menu item, which comes in three varieties as part of the chain’s $6.99 Mix & Match Deal, marks Domino’s first potato product on its national menu.
By Julie Littman • Feb. 6, 2023 -
Starbucks’ stagnating traffic drives reinvention plan
Transactions per store per day are down globally compared to last year, but Starbucks says retention is up and traffic is more concentrated in specific dayparts.
By Aneurin Canham-Clyne • Feb. 3, 2023 -
Franchise spotlight: How Shuckin’ Shack grew from a dive bar to a budding chain
By focusing on secondary markets, the full-service oyster bar has built a loyal customer base and strong same-store sales growth.
By Julie Littman • Feb. 2, 2023 -
How Chowly’s Koala buy will broaden online ordering access for SMBs
With Koala’s enterprise-level digital ordering capabilities, Chowly will be able to offer a user-facing tool for its small and mid-size restaurant clients.
By Julie Littman • Feb. 2, 2023 -
Red Robin hires CPK vet as VP of culinary
Brian Sullivan, who spent 34 years at California Pizza Kitchen, will help Red Robin invest in higher food quality and a menu refresh.
By Julie Littman • Feb. 2, 2023 -
Subway’s North American same-store sales rise nearly 8%
Subway’s efforts to improve its brand positioning and franchising system may be paying off, but it’s unclear what role inflation played in sales growth.
By Aneurin Canham-Clyne • Feb. 2, 2023 -
McDonald’s will lean into chicken, coffee to grow diner frequency
The core menu categories pose significant growth opportunity, McDonald’s executives said Tuesday, as the chain aims to better compete with chicken-only chains and leverage coffee’s high margins.
By Emma Liem Beckett • Jan. 31, 2023 -
Q&A
Earnings instability has led to fewer restaurant lenders
Despite institutions pulling back from offering loans to restaurants, CapitalSpring’s Erik Herrmann says there are other options.
By Julie Littman • Jan. 30, 2023 -
Nothing Bundt Cakes appoints Starbucks exec as chief development officer
Chris Tarrant, who previously oversaw U.S. and Canada store development at Starbucks, joins the cake chain during a time of rapid growth.
By Julie Littman • Jan. 27, 2023 -
Mod tries expanding beyond pizza with wings test
If the pilot is successful, Mod could add wings to its permanent menu, revising its offerings alongside brands like Pizza Hut, Papa Johns and Pie Five.
By Julie Littman • Jan. 26, 2023 -
Church’s Texas Chicken hires procurement VP
The chain tapped Will Cash, who has supply chain experience at Popeyes and Krispy Kreme, to help lead its purchasing efforts.
By Aneurin Canham-Clyne • Jan. 25, 2023 -
Sprinkles bakes up plan to sign 100 franchised units
The cupcake chain opened its first franchised unit at the end of 2022 and is eying extensive domestic and international growth.
By Julie Littman • Jan. 24, 2023 -
Starbucks marketing exec exits after 14 years
The company will immediately conduct an internal and external search for a successor to Jen Quotson, who leaves the VP of global creative studios post.
By Emma Liem Beckett • Jan. 20, 2023 -
Focus Brands hires 3 execs to optimize development
The company appointed a new chief brand officer at Auntie Anne’s, as well as new SVPs of design and construction and real estate at the parent company.
By Aneurin Canham-Clyne • Jan. 19, 2023 -
McDonald’s franchisee to pay $1.9M to settle claim that teen workers were sexually harassed
The settlement is the latest EEOC agreement targeting alleged pervasive sexual harassment of teen workers in the fast food industry.
By Laurel Kalser • Jan. 18, 2023 -
Franchise spotlight: Teriyaki Madness to double openings in 2023
The Asian chain is signing leases faster than ever and is on a trajectory to reach 500 units within the next few years.
By Julie Littman • Jan. 18, 2023 -
Starbucks, DoorDash will take delivery partnership nationwide
The chain is offering delivery through DoorDash in select markets including Northern California, Texas, Georgia and Florida before expanding in March.
By Aneurin Canham-Clyne • Jan. 17, 2023 -
KFC veteran joins southern chicken chain as chief supply chain officer
Carl Mount will join Zaxby's to manage partnerships and optimize solutions, starting Jan. 17.
By Alejandra Carranza • Jan. 13, 2023 -
Starbucks’ corporate workers must return to office 3 days per week
Interim-CEO Howard Schultz said low rates of office usage pushed the chain to make office work a requirement for employees living within commuting distance of its headquarters and regional offices.
By Aneurin Canham-Clyne • Jan. 13, 2023