Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 10
Beverage

Subway is switching to Pepsi

The sandwich chain's U.S. restaurants will make the switch from Coke to Pepsi beverage products in the U.S. starting in 2025. Such moves among the biggest fast-food chains are rare.

Leadership

Starbucks is making some big changes to its leadership team

The coffee shop giant named Michael Conway CEO of North America while CMO Brady Brewer takes the helm at Starbucks International.

Fast-food price increases have made price points between the two brands closer than ever. But there is a better comparison for the casual-dining restaurant chain.

The coffee shop chain told customers late last week that it would end its Starbucks Odyssey NFT virtual restaurant loyalty program experiment "to prepare for what comes next."

Longtime former employees exited the company as stores closed or paychecks stopped showing. But they’ve since been hit with surprise medical bills, and they’ve found themselves unable to file taxes or collect unemployment benefits.

Restaurants in Japan, the U.K. and Australia were among those hit with an IT outage. The company says the issue is now being resolved.

The Bottom Line: Wingstop, Burger King franchisees and robots were the big winners. But maybe count out dynamic pricing for a while.

The North American Association of Subway Franchisees said it has hired Robert Zarco, signaling a different tack in its relationship with the franchisor.

Jeff Klein will replace him as president of Popeyes in the U.S. and Canada. Thiago Santelmo was named president of international.

Average price increases rose 4% over the past year, according to Technomic. But restaurants raised prices more for proteins and less for sides and alcohol. And cold coffee beverage prices took off.

The fast-food giant says it plans to test larger burgers in a couple of global markets to find an option that could work around the world.

A Deeper Dive: Chris Dharod, CEO of the fast-casual chain, joins the podcast to discuss its comeback from last year’s bankruptcy filing.

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