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Operations

McDonald’s is stepping up its safety efforts as COVID surges again

The company will emphasize contactless payment and plans more inspections of restaurants to ensure they are taking proper steps to protect against the spread of coronavirus.

Financing

Steak ‘n Shake closes another 13 locations

The burger chain has seen traffic and sales plunge during the pandemic as it continues pulling back on unit count.

The fast-casual chain has been hard hit by the impacts of the pandemic, its CEO said, and will close at least 20 of its 33 locations.

With off-premise orders skyrocketing during the pandemic, which chains are doing the best job of delivering quality food?

The multi-concept operator, which purchased the two brands out of bankruptcy earlier this year, also bought a commissary kitchen.

The company will be sold for just less than $2 million after the pandemic disrupted the chain’s sale process.

The move is designed to protect the chain from the volatility of the chicken wing market.

The chain’s CEO said he expects the problem to worsen as the pandemic surges.

Starbucks, Dunkin’, IHOP, Pizza Hut and others are shuttering units as they shift business models or their sales struggle.

The burger chain, which has never had a drive-thru, plans to open up to eight of them in the next two years to make order pickups more convenient amid the pandemic.

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