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Leadership

McDonald’s names Reginald Miller its new diversity chief

By Jonathan Maze on Nov. 02, 2020

He had previously developed the diversity and inclusion strategy for the parent company of Vans and The North Face.

Financing

Timeline: Inspire Brands goes on a shopping spree

By Jonathan Maze on Nov. 02, 2020

Dunkin’ Brands will be the company’s fourth major deal. Here’s how the company became an industry force.

Financing

Yum Brands unloads Grubhub stock and calls it a win

By Jonathan Maze on Oct. 30, 2020

The brand operator sold all of its shares of the delivery provider and pocketed a profit, ending what had been a notable deal, says RB’s The Bottom Line.

Financing

McDonald’s is facing another discrimination lawsuit

By Jonathan Maze on Oct. 30, 2020

Current Black franchisees have sued the company, accusing it of a systemwide pattern of discrimination.

Financing

Starbucks will close another 100 U.S. locations

By Jonathan Maze on Oct. 30, 2020

The chain now expects to close 500 domestic locations in the next year as the chain accelerates its shift away from poor-performing urban areas.

Financing

Inspire Brands to buy Dunkin’ in $11.3B deal

By Jonathan Maze on Oct. 30, 2020

The restaurant industry's largest deal in six years will make Arby's and Sonic's owner one of the country's largest restaurant operators.

Financing

Pumpkin products propel Starbucks’ recovery

By Jonathan Maze on Oct. 30, 2020

The chain’s same-store sales improved in September, thanks to strong sales of the Pumpkin Cream Cold Brew and big consumer orders.

Financing

Dunkin’ Brands talks with Inspire and closes restaurants

By Jonathan Maze on Oct. 29, 2020

The company’s flagship coffee chain has closed nearly 700 locations this year, more than half of them inside Speedways, as it shifts strategy during the pandemic.

Financing