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Financing

McDonald’s shift on the minimum wage will have little impact

Though the company’s decision to stop lobbying against hikes was notable, increases have had all the momentum for years, says RB’s The Bottom Line.

Financing

Steak ‘n Shake closes 31 locations

The burger chain has temporarily closed units as it looks for franchisees to run the restaurants.

The former McDonald’s and Subway executive will take the marketing reins at the pizza chain.

The company told the National Restaurant Association of its intention to no longer support any push against mandated pay hikes.

Darla Morse will become the CIO of another Roark Capital-owned company, CKE Restaurants.

The company plans to use its personalization technology on drive-thru menu boards, kiosks and its mobile app.

The former NBA star is also investing in nine locations and will be an ambassador for the brand.

A Mizuho analyst finds the vast majority of master franchising commitments go unfulfilled, and 40% fail altogether, says RB’s The Bottom Line.

The popular product returns Saturday and will be available for a month.

The company will give away a “McDelivery Couch” as it works harder to market delivery.

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