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Starbucks promises a more diverse corporate workforce

The coffee giant will tie executive pay to diversity targets and says that 30% of its corporate staff at all levels will come from diverse groups.

Financing

After a pandemic cease fire, McDonald’s and Wendy’s commence their breakfast battle

The two fast-food chains start pushing for morning customers as their sales recover, but it remains a smaller market, says RB’s The Bottom Line.

The company plans to transition to paper straws in Canada early next year.

Having locations in the areas where city dwellers have hunkered down because of the COVID-19 crisis proved a boon for the venerable brand. The key was having drive-thrus.

The pizza chain has seen global unit growth slow even as its sales remain strong as the coronavirus limits new construction.

The company wouldn’t give the U.S. franchisee association's president an extension on a remodel requirement unless the group dropped its lawsuit against the franchisor. The location is now closed.

KFC created a special sauce to pair with its Extra Crispy Tenders.

The company’s U.S. sales hit a record levels in the third quarter, but margins declined because of higher commodity prices and pandemic costs.

Same-store sales hit double digits last month, and 4.6% in 3Q, thanks to the Travis Scott meal and Spicy Chicken McNuggets.

The burger giant is adding a cinnamon roll, blueberry muffin and apple fritter to its lineup later this month.

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