Corporate Operations: Page 34
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Whataburger seeks to hire 50K employees with focus on managers
The burger chain has also increased responsibilities and pay for its general managers, with six-figure salaries and bonus potential of up to 150% their target incentive, as chains strive to retain talent in a tight labor market.
By Alicia Kelso • April 9, 2021 -
McDonald's to close hundreds of Walmart locations
The burger chain is pulling out more of its restaurants as the pandemic hurts in-store traffic, The Wall Street Journal reported.
By Jeff Wells • April 9, 2021 -
Explore the Trendline➔
sam edwards via Getty ImagesTrendlineMenu 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 -
Taco Bell expands PTO benefits for managers, eyes filling 5K positions
At 1,200 company-owned locations, general managers will receive up to four weeks of accrued vacation time annually and additional parental leave.
By Julie Littman • April 6, 2021 -
Pizza Hut CMO exits amid larger overhaul to marketing operations
The second retooling of marketing leadership in barely over a year speaks to potential COVID-19 pressures, but also comes as Yum Brands is ramping up digital transformation.
By Peter Adams • Updated April 13, 2021 -
Brand marketer Fernando Machado departs Burger King parent for Activision
Machado last year was promoted to global CMO at RBI after having the same role at Burger King, where he developed notable campaigns such as the Whopper Detour and Moldy Whopper.
By Robert Williams • April 5, 2021 -
Alabama Extension. (2020). "The image" [Photograph]. Retrieved from Flickr.
Report: 10% of all restaurants have closed during pandemic
Chain restaurants with less than 501 locations have closed at a higher rate than independent restaurants, with the largest permanent closure rate — 16.2% — among chains with 51 to 100 units.
By Alicia Kelso • March 31, 2021 -
DoorDash, Olo settle dispute
The two companies hashed out a new multi-year agreement after DoorDash sued Olo in October for $7 million, claiming breach of contract, fraud and concealment.
By Julie Littman • Updated April 23, 2021 -
Shake Shack CFO to become CEO of life science company
Tara Comonte's responsibilities will be transitioned to other leadership team members until a new CFO is found.
By Jane Thier • March 31, 2021 -
Chipotle gives away $100K in bitcoin for National Burrito Day
By asking people to register for a chance to win burritos or bitcoin, the restaurant can continue to build out its first-party data about consumers for future campaigns.
By Robert Williams • March 30, 2021 -
Delight Restaurant Group adds 54 Wendy’s from NPC International sale
With the acquisition, the franchisee will operate 111 Wendy's and Taco Bell locations across four states.
By Alicia Kelso • March 29, 2021 -
Q&A
Noodles & Company's new CFO talks how ghost kitchens, drive-thrus will shape the chain's future
Carl Lukach, who started at the chain in November, says 70% to 80% of the stores built this year will have a drive-thru pickup window.
By Julie Littman • March 29, 2021 -
Domino's franchisee to deliver $3M to settle drivers' wage and hour claims
The plaintiffs claimed they were not reimbursed for their own delivery expenses such as vehicle maintenance and insurance.
By Lisa Burden • March 25, 2021 -
Chipotle invests in self-driving delivery company Nuro
This marks the first time the fast casual chain has significantly funded a third-party technology company since 2018 and follows recent tech acquisitions by McDonald's and Yum Brands.
By Julie Littman • March 25, 2021 -
Olive Garden parent to raise hourly wage to $10 and offer $17M in bonuses
Pay will then rise to $11 per hour in January 2022 and $12 per hour in January 2023, in Darden Restaurants' latest move to improve compensation since the start of the pandemic.
By Emma Liem Beckett • March 25, 2021 -
Yum Brands acquires Tictuk to deepen commerce capabilities for social media, messaging
The owner of KFC and Taco Bell makes its second tech acquisition in a month as it looks to transform its business on a faster timetable.
By Peter Adams • March 24, 2021 -
Starbucks to improve sustainable coffee sourcing, reducing its largest carbon culprit
In a show of priorities, the company said it would take actions that make green coffee carbon neutral instead of tackling emissions from transportation, packaging and roasting operations.
By A.B. Brown • March 24, 2021 -
Domino's teams with Datatron to streamline AI and machine learning tech
The platform is automating and standardizing the deployment, monitoring, management, governance and validation of the pizza chain's artificial intelligence models.
By Alicia Kelso • March 23, 2021 -
Deep Dive
For restaurant chains, marketing virtual brands poses equal challenge and opportunity
Third-party apps, where most virtual brands live, offer marketers access to consumer data they don't otherwise have — an increasing priority as the data privacy landscape tightens.
By Chris Kelly • March 19, 2021 -
What Olo's $450M IPO means for the restaurant industry
Founder and CEO Noah Glass talks about how he wants to expand Olo's digital ordering capabilities with an influx of capital after shares rose 39% during day one of trading.
By Julie Littman • March 19, 2021 -
50% of restaurants plan to incentivize employees to get vaccinated, survey says
Even after employees are vaccinated, 75% of restaurants said they will keep their safety protocols in place, according to a report from BlackBox Intelligence.
By Alicia Kelso • March 18, 2021 -
Cava flipping Zoës Kitchen locations to support suburban growth
Seven Zoës have been converted and another 12 are in the works for this year in a mix of urban and suburban markets, a Cava spokesperson said.
By Alicia Kelso • March 17, 2021 -
British QSR Leon shutters US locations
The company managed to keep only one American location open over the past 12 months, with volume down 85%, Leon USA president Glenn Edwards said.
By Emma Liem Beckett • March 17, 2021 -
Torchy's Tacos eyeing IPO, Bloomberg reports
The fast casual chain, which added 12 new units in 2020, could raise $300 million and debut with a $1 billion valuation, per the publication.
By Julie Littman • March 15, 2021 -
Burger King hires Domino's exec as COO
Tom Curtis, who has worked at the pizza chain for 35 years, will join the QSR in May in the midst of Burger King's ongoing drive-thru modernization and expansion of its loyalty program.
By Julie Littman • March 12, 2021 -
Newly public BurgerFi adds CFO
After debuting on the stock market in December 2020, the fast casual chain tapped Michael Rabinovitch, a 25-year finance veteran.
By Jane Thier • March 8, 2021