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Leadership

Andrea Zahumensky, KFC’s U.S. marketing chief, has left the company

The executive helped guide the chicken chain through some of its most notable promotions.

Financing

Steak n Shake sues its insurance company

The burger chain has sued Zurich America Insurance Company for denying coverage related to its pandemic.

The Chinese coffee chain, still working its way through an accounting scandal and a debt restructuring, received a $250 million infusion.

The company will require its 39,000 locations to follow a new set of brand standards for a “respectful and inclusive workplace.”

Betsy Hamm was named the fast-growing chain’s CEO as company founder Russ DiGilio

The Mexican fast-food chain is opening a location that combines its “Go Mobile” concept with its urban Cantina design as it continues its push for more New York restaurants.

Rumors persist of a potential sale involving the sandwich giant, but the brand may not be in a position to do so, says RB’s The Bottom Line.

Chains like McDonald’s and Subway are leaving Walmart locations while others, such as Dunkin’, opt to leave convenience stores as chains focus on drive-thru units, says RB’s The Bottom Line.

He received $10.8 million in salary and stock options last year, or $7 million less than Steve Easterbrook received in his final year at the chain.

The company is also preparing to take action against pork and beef producers amid a mushrooming dispute over protein prices.

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