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Financing

Starbucks is giving its employees a pay hike

 By Jonathan Maze on Nov. 19, 2020

The coffee chain is giving its workers at least a 10% pay increase as it works to attract and keep employees.

Financing

With sales surging and a franchisee dispute settled, Jack in the Box looks to grow

 By Jonathan Maze on Nov. 19, 2020

The chain hopes happier franchisees will add units for the first time in years now that sales and profits are up.

Operations

Inside KFC’s new takeout-focused prototype

By Jonathan Maze on Nov. 18, 2020

The chicken chain, set to ramp up new units next year, unveiled its “Next Generation Prototype,” including digital cubbies, double drive-thrus, parking for takeout orders and fewer seats.

Financing

More Black former franchisees join McDonald’s discrimination lawsuit

By Jonathan Maze on Nov. 18, 2020

The complaint now features 77 former operators who ran nearly 300 locations.

Financing

Papa John’s reveals its new Atlanta headquarters

By Jonathan Maze on Nov. 17, 2020

The pizza chain will bring 200 jobs to Atlanta at a 60,000-square-foot at The Battery Atlanta.

Financing

Dozens of buyers are eyeing bankrupt NPC International restaurants

By Jonathan Maze on Nov. 16, 2020

Flynn Restaurant Group was OK’d as the stalking horse bidder for the Pizza Hut and Wendy’s operator, even as Wendy’s objects. But many other potential buyers are interested.

Leadership

McDonald’s names Tiffanie Boyd new U.S. chief people officer

By Jonathan Maze on Nov. 16, 2020

It’s the latest in a string of new hires at the burger giant amid a quiet shakeup in the executive team.

Operations

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

By Jonathan Maze on Nov. 13, 2020

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

Why a big Burger King franchisee’s sales slowed in October

By Jonathan Maze on Nov. 12, 2020

The CEO of Carrols Restaurant Group suggested consumers ran out of stimulus checks, suggesting that economic problems are taking root, says RB’s The Bottom Line.

Marketing

McDonald’s wants to raise its marketing game

By Jonathan Maze on Nov. 11, 2020

The burger giant is getting more aggressive, and activist, as it seeks to raise its game in the intensifying battle for fast-food customers.

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