Quick_Service

Howard Schultz goes contrarian in ending Starbucks’ stock buybacks

By Jonathan Maze on Apr. 04, 2022

By ending the coffee giant’s share repurchase program, the interim CEO is moving away from an increasingly popular financial strategy, hoping to win friends outside of Wall Street.

Financing

Howard Schultz returns to Starbucks and ditches share buybacks

By Jonathan Maze on Apr. 04, 2022

Making his third return to the company he built, the new chief executive said the company would reinvest funds into its people amid a growing unionization effort.

Marketing

Wendy’s newest location will be in the metaverse

By Jonathan Maze on Mar. 30, 2022

The company is working with Meta’s Horizon Worlds to create the Wendyverse. Quest 2 users will be able to visit a restaurant and shoot baskets with a Baconator.

Financing

A look into Wendy’s plans to build more restaurants

By Jonathan Maze on Mar. 30, 2022

A Deeper Dive: Abigail Pringle, president of international and chief development officer for the burger chain, joins the podcast to discuss the company’s expansion strategies.

Operations

Wendy’s is making a big move into Mexico

By Jonathan Maze on Mar. 28, 2022

The burger chain, which is making a big push into international markets, believes it can build a lot more restaurants south of the border.

Financing

McDonald’s CEO Chris Kempczinski got a big raise last year

By Jonathan Maze on Mar. 28, 2022

The chief executive’s pay nearly doubled last year to $20 million. That was the highest pay package for the position since 2017.

Operations

Arby’s owner Inspire Brands had record sales in 2021

By Joe Guszkowski on Mar. 25, 2022

The restaurant group generated $30 billion last year, a double-digit increase, and each of its six brands set growth records of their own.

Workforce

McDonald’s says it is making progress on its DEI goals

By Jonathan Maze on Mar. 24, 2022

The burger giant has increased the percentages of women and people of color in leadership roles and noted that it has reached equal pay in its biggest markets.

Financing