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Leadership

Another executive is leaving Starbucks as the company changes its structure

 By Jonathan Maze on Aug. 18, 2022

John Culver, a 20-year veteran of the coffee giant, is leaving after the company opted to eliminate its chief operating officer function.

Financing

Krispy Kreme lowers its profit outlook and its stock price plunges

 By Jonathan Maze on Aug. 17, 2022

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

Operations

Here’s a look at Wendy’s new, technology-fueled prototype

By Jonathan Maze on Aug. 17, 2022

The burger chain said new "Global Next Gen" restaurants will feature an optimized layout that better integrates technology and includes mobile order pickup and delivery windows.

Financing

On pumpkin spice, plant-based meat and Milk Bar

By Jonathan Maze on Aug. 17, 2022

A Deeper Dive: This week’s podcast features a discussion on fast-food menu trends, including the future of plant-based meat and the proliferation of ultra-limited time offers.

Financing

Subway is adding a new weapon as it fends off competitors: Slicers

By Jonathan Maze on Aug. 16, 2022

The sandwich giant will add automatic slicers to its restaurants over the coming year to lower food costs and improve freshness.

Financing

Jack in the Box turns to financial incentives to get operators to grow

By Jonathan Maze on Aug. 16, 2022

The burger chain, eager to spur unit growth, is giving franchisees a break on royalties over four years if they agree to open at least three locations.

Workforce

California's controversial fast-food bill moves toward a Senate vote

By Peter Romeo on Aug. 12, 2022

The Fast Act would give quick-service workers a loud voice in determining their pay and job conditions. It's already been approved by the Assembly.

Financing

As its breakfast business grows, Wendy’s takes aim at Burger King

By Jonathan Maze on Aug. 12, 2022

Wendy’s has been gaining sales in the morning, in part at the expense of its Miami-based rival. And now they’re battling over French toast sticks.

Food

Exploring the chicken segment investment

Sponsored content from our partner Slim Chickens on Aug. 11, 2022

Its impressive track record against other restaurant segments makes chicken an attractive space to capitalize on. Though the segment boasts overall success, finding a standout investment to grow a portfolio with is easy for the right operator.

Leadership

Fat Brands will pay $2.5M to settle shareholder lawsuit

By Jonathan Maze on Aug. 11, 2022

The owner of Johnny Rockets and Twin Peaks also agreed to issue $500,000 in stock to settle complaints over statements related to the investigation of CEO Andy Wiederhorn.

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