Corporate Operations: Page 33
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Fertitta looks to bail on Fast Acquisition merger
In SEC filings, Fast Acquisition claims Fertitta Entertainment can't back out of the deal because it delayed providing necessary financial statements ahead of the Dec. 1 closing deadline.
By Emma Liem Beckett • Updated Dec. 3, 2021 -
McDonald's CEO: Chain will do 'just fine' with higher wages
During the company's Q4 call Thursday, CEO Chris Kempczinski said McDonald's has been able to balance pay due to judicious menu pricing and productivity savings.
By Alicia Kelso • Jan. 29, 2021 -
Brinker integrates with Google for pickup of It's Just Wings
Patrons can now search for the virtual brand using Google Search and Google Maps, place their orders, pay and pick up at Chili's restaurants.
By Alicia Kelso , Julie Littman • Updated March 24, 2021 -
Chipotle pilots carside pickup
The chain will test the service at 29 California restaurants, building on its growing suite of digital ordering options.
By Emma Liem Beckett • Jan. 28, 2021 -
Olive Garden parent offers PTO to employees that get vaccinated
Darden Restaurants will offer up to two hours of pay for hourly employees for each dose of the COVID-19 vaccine they receive.
By Alicia Kelso • Jan. 27, 2021 -
Starbucks COO Roz Brewer departs for Walgreens
Under Brewer's leadership, the chain expanded its U.S. to-go options — including the addition of curbside pickup — amid the pandemic.
By Julie Littman • Jan. 27, 2021 -
Cicis emerges from bankruptcy, finalizes sale
The pizza chain agreed to sell itself to D&G Investors, a newly formed affiliate of SSCP Management and Gala Capital Partners, as part of its reorganization.
By Julie Littman • Updated March 16, 2021 -
Godiva will shutter or sell its US cafes by the end of March
The chocolatier's plan to close 128 North American cafés comes less than two years after the company announced a strategy to expand its global footprint by 2,000 units.
By Alicia Kelso • Jan. 26, 2021 -
Uber lays off 15% of Postmates' employees
Uber has let go of about 185 Postmates staff, with CEO Bastian Lehmann and most of the delivery aggregator's executive team expected to leave the company, The New York Times reports.
By Julie Littman • Jan. 25, 2021 -
DoorDash rides with Daveed Diggs, 'Sesame Street' for first Super Bowl ad
A reimagination of the "People in Your Neighborhood" song from the children's show highlights all the things that people can order via the app.
By Robert Williams • Jan. 25, 2021 -
Chipotle's debut Super Bowl spot highlights support for local farmers
The ad's themes reflect how Chipotle believes the coronavirus has changed consumer behavior, with a greater importance on community.
By Robert Williams • Jan. 25, 2021 -
Subway to bring branded products to food retail
After launching Subway Grocery in April, the sandwich chain ventures further into the supermarket space as it partners with Broad Street Licensing Group.
By Catherine Douglas Moran • Jan. 22, 2021 -
Long John Silver's names new CEO
Under Blain Shortreed's leadership, the seafood chain will focus this year on adding menu options, mobile ordering, a rewards program, remodels and setting up locations in new areas.
By Julie Littman • Jan. 20, 2021 -
How Fogo de Chao, STK balance off-premise with experience
The challenge for both brands was developing solutions that would be robust enough to withstand the pandemic environment without compromising the reason diners visit them in the first place: experience.
By Emma Liem Beckett , Julie Littman • Jan. 19, 2021 -
McDonald's is navigating 3 new sexual harassment lawsuits
The cases include allegations of sexual assault and quid-pro-quo harassment. The women claim they were ignored, mocked and retaliated against when they complained.
By Alicia Kelso • Jan. 15, 2021 -
Why Chipotle is still hiring while other restaurants shutter
Chipotle has hired thousands during the pandemic thanks to digital growth and a focus on employee benefits, promotions and inclusion.
By Sheryl Estrada • Jan. 15, 2021 -
White Castle revamps Valentine's Day event with drive-in, carhop service
Fans of the burger chain can book time for a socially distanced date through the OpenTable website or app.
By Robert Williams • Jan. 13, 2021 -
Fiesta Restaurant Group takes out $75M loan
The addition of the new loan and a reduction of its debt since March will allow the company to exit the economic crisis poised for growth.
By Alicia Kelso • Jan. 13, 2021 -
Chipotle aims to fill 15K new positions during national hiring event
The company's "Coast to Coast Career Day" will be held on Jan. 14 and comes as the company plans to open 200 restaurants in the future.
By Julie Littman • Jan. 11, 2021 -
Checkers & Rally's parent lands $20M in private equity funding
The capital injection from Oak Hill Capital Partners will fuel the chain's five-year expansion plans, which includes 72 new restaurants in its development pipeline.
By Emma Liem Beckett • Jan. 11, 2021 -
NPC International agrees to $801M sale of its Wendy's, Pizza Hut assets
Flynn Restaurant Group will acquire all of NPC's 900-plus Pizza Hut units and half of its 393 Wendy's units, while a consortium of Wendy's franchisees buys the other half.
By Julie Littman • Jan. 7, 2021 -
Starbucks taps new CFO as Grismer plans to retire
Rachel Ruggeri, senior vice president of finance for Starbucks Americas, will succeed Patrick Grismer, effective Feb. 1.
By Emma Liem Beckett • Jan. 7, 2021 -
Burger King prioritizes digital with first rebrand in more than 20 years
With its all-encompassing visual update, the QSR chain also seeks to demonstrate its improvements to food quality and sustainability.
By Chris Kelly • Jan. 7, 2021 -
Del Taco bulks up off-premise channels with new prototype
The design can be adapted to fit within 1,200 to 2,400 square feet, which will expand site selection options outside of the QSR chain's traditional freestanding drive-thru model.
By Julie Littman • Jan. 6, 2021 -
McDonald's stirs up chicken sandwich wars with 3 new entries
The sandwiches fulfill franchisees' demand for competitive new chicken offerings to better compete with Chick-fil-A, which the National Owners Association listed as a top priority in 2019.
By Emma Liem Beckett • Jan. 5, 2021