Quick_Service

Financing

McDonald's franchisee group asks for a meeting with leadership

The National Owners Association, an independent group of the fast-food chain’s operators, says it is against new joint employer rules and wants a meeting with the company’s U.S. president.

Financing

Subway says it has started the year off strongly

The fast-food sandwich chain, which is on the market, says its same-store sales increased 11.7% in North America in the first quarter.

Two different groups of franchisees issued warring statements on their views of joint employer regulations as the dispute intensifies between the burger franchise and an independent group of owners.

The Bottom Line: CEO John Chidsey admitted that company founder Fred DeLuca “whiffed” on a succession plan before his death in 2015, which led to years of stagnation.

The fast-food giant is offering two versions of Cold Brew in Southern California. It will also start to sell Big Mac Sauce Dip Cups for a limited time starting April 27.

The Mexican fast-food chain was doing pretty well when King took over as CEO in 2019, even though he had no experience in restaurants or franchising. Then, the 2023 Restaurant Business Restaurant Leader of the Year pushed the company to do even better.

The fast-food chain is making a number of small changes to its Big Macs and classic Cheeseburgers, including a hotter sear and melted cheese, which the company believes lead to a big improvement in quality.

Subway, eager to bring more large-scale operators into the system, announced agreements with five new multi-unit restaurant franchisees. It also grew its international business last year.

The 2022 Restaurant Business Restaurant Leader of the Year is leaving the company to focus on family medical matters. Arby's Brand President Jim Taylor is taking her place, while Rita Patel will head Arby's.

The former CEO of Domino's Pizza, lured out of retirement by Restaurant Brands International last year, was paid $117 million in stock and option awards.

  • Page 29