Corporate Operations: Page 40
-
Yum Brands sells Grubhub shares for $206M
The company remains optimistic that third-party delivery gives its brands growth potential, and offers delivery with multiple aggregators at 35,000 restaurants.
By Julie Littman • Oct. 29, 2020 -
Taco Bell served 30M more cars year-over-year as drive-thru demand 'skyrocketed'
The chain, which grew same-store sales by 3%, improved drive-thru times by 17 seconds.
By Emma Liem Beckett • Oct. 29, 2020 -
Explore the Trendline➔
sam edwards via Getty Images
TrendlineMenu 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 -
Restaurants sue Grubhub over adding 150K non-partnered listings
Two plaintiffs are seeking class action status on behalf of the restaurants listed on the aggregator's platform without permission, and claim the practice results in lost orders and an inability to address customer concerns.
By Julie Littman • Oct. 29, 2020 -
McDonald's franchisee optimism highest in over a decade, report says
Growing sales led by celebrity-endorsed meals and the introduction of spicy chicken nuggets improved owner-operators' outlook to slightly below an all-time high seen in 2004, according to Kalinowski Equity Research's latest survey.
By Alicia Kelso • Oct. 28, 2020 -
Courtesy of White Castle
White Castle will partially close all restaurants every presidential Election Day
Staff who are scheduled to work between 7 and 11 a.m. on Nov. 3 in its restaurants, manufacturing plants or office will be paid for the four-hour break so they can vote.
By Emma Liem Beckett • Oct. 28, 2020 -
Courtesy of White Castle
White Castle is bringing Flippy the robot to 10 more restaurants
The robot optimizes staffing during hard-to-fill, late-night shifts at the 24-hour restaurant, and integrates with delivery applications to sync order completion with driver pickup times.
By Emma Liem Beckett • Oct. 27, 2020 -
Rubio's among the largest fast casual chains to declare bankruptcy this year
The company joins a growing list of restaurants, including Ruby Tuesday, Sizzler USA, California Pizza Kitchen and CEC Entertainment, to file for Chapter 11 during the pandemic.
By Julie Littman • Oct. 27, 2020 -
Retrieved from Chipotle Mexican Grill, Inc. on October 26, 2020
Chipotle lets diners track environmental impact of burritos as restaurants prioritize sustainability
The Real Foodprint tracker, which mirrors a recent move by Panera to label eco-conscious menu items, is explained by Bill Nye in TikTok videos.
By Peter Adams • Oct. 26, 2020 -
Sweetgreen to lay off 20% of corporate employees amid restructuring
The chain's two-year reorganization plan includes accelerating store growth in new communities, reducing menu and operational complexity, investing in store leadership and enhancing digital ordering.
By Alicia Kelso • Oct. 26, 2020 -
Permission granted by Saladworks
Saladworks expands grocery footprint with The Giant Company
The fast-casual salad franchise already has several locations in other grocery stores, including ShopRite, and has plans for at least 10 more by early next year.
By Jessica Dumont • Oct. 26, 2020 -
Nestlé moves to keep rights to sell California Pizza Kitchen's frozen line
The restaurant chain wants to reject its trademark contract with the Switzerland food giant, which acquired the license in 2010 from Kraft, as part of its bankruptcy restructuring.
By Jessi Devenyns • Oct. 26, 2020 -
Bankrupt Ruby Tuesday granted 2-month rent deferral
A judge will allow the casual chain to not pay rent for 60 days after hearing the company's plan to provide landlords with a cut of a $22.5 million retirement plan trust fund it will liquidate as part of Chapter 11 proceedings.
By Julie Littman • Oct. 23, 2020 -
Chipotle could exceed $2.5B in digital sales in 2020
The fast casual chain's digital sales grew just over 200% to $776 million during the third quarter and made up nearly half of total sales. So far this year, digital sales are almost $2 billion.
By Julie Littman • Oct. 22, 2020 -
Wisconsin Applebee's franchisee is latest to file Chapter 11
The franchisee, which operates 25 units, was appointed a receiver last week, but instead chose to file for bankruptcy to keep its restaurants open and 600 employees on the job.
By Julie Littman • Oct. 20, 2020 -
Courtesy of BurgerFi/Starbucks/Qdoba
ColumnShift Change: BurgerFi hires CEO
This week's Shift Change also highlights a new chief marketing officer at Qdoba and the retirement of Starbucks' chief partner officer.
By Julie Littman • Oct. 16, 2020 -
Sun Holdings acquires bankrupt IHOP locations
Sun Holdings subsidiary Suncakes LLC bought 41 out of 49 IHOP locations from CFRA Holdings, which filed for bankruptcy in May.
By Alicia Kelso • Oct. 16, 2020 -
Courtesy of Jack in the Box
Jack in the Box serves up plant-based, 'unchicken' sandwich
The chain is the latest QSR to add an alternative protein item to their menu, which appeals to the growing flexitarian trend and can help drive diner interest and traffic.
By Julie Littman • Oct. 16, 2020 -
User:proshob [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
Chipotle adds HBCU to its education benefit
The retention rate for program participants is three and a half times higher than that of others, the company said.
By Sheryl Estrada • Oct. 15, 2020 -
Retrieved from Starbucks on January 21, 2020
Starbucks to hold execs accountable for new racial diversity goals
The company aims to have 30% representation for Black, indigenous and people of color at the corporate level and 40% at the retail and manufacturing level by 2025.
By Julie Littman • Oct. 15, 2020 -
McDonald's sued over alleged harassment of Black workers, diners
The three plaintiffs, who worked at an Illinois restaurant, claim the location's general manager called Black employees and diners "ghetto" and retaliated against Black workers through hour reductions and termination.
By Emma Liem Beckett • Oct. 14, 2020 -
Retrieved from Wendy's on October 13, 2020
Wendy's coupon gets more valuable with each retweet
The coupon on Twitter was retweeted 10.8K times, translating to customers receiving 30% off a breakfast order on the Uber Eats app through Friday morning.
By Robert Williams • Updated Oct. 14, 2020 -
Retrieved from Starbucks on June 03, 2020
Starbucks partners with Lyft to drive employees to vote
The coffee chain's 200,000 U.S. employees will receive a free, one-way ride worth up to $75 to the polls on Election Day.
By Alicia Kelso • Oct. 7, 2020 -
Mozart, Mike. (2014). "Ruby Tuesday" [photograph]. Retrieved from Flickr.
Ruby Tuesday emerges from bankruptcy
The chain plans to continue developing virtual, delivery-only brands to leverage its growing off-premise business and support its long-term growth strategy.
By Emma Liem Beckett • Updated Feb. 25, 2021 -
Courtesy of McDonald's
McDonald's continues celebrity menus with reggaeton's J Balvin
With drive-thru, digital and delivery businesses bright spots during an otherwise tough period, the chain further targets young, digitally savvy diners.
By Aaron Baar • Oct. 6, 2020 -
Julie Littman/Restaurant Dive
Papa John's taps Target exec as new CFO
Ann Gugino "brings deep experience in the consumer and retail sector, including driving demand and profitability across digital and traditional commerce at Target," Papa John's president and CEO Rob Lynch said.
By Jane Thier • Oct. 6, 2020
Previous
