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Financing

Burger King is selling its interest in its Russia joint venture

 By Jonathan Maze on Mar. 17, 2022

The company has thus far been unable to close its locations in the country. Meanwhile, copycat trademark applications there demonstrate the risk to U.S. brands.

Marketing

Starbucks is moving toward reusable cups

 By Jonathan Maze on Mar. 16, 2022

The coffee giant said it would provide customers with reusable cups, or let them use their own, by 2025. It is also planning electric car charging stations at 15 locations.

Leadership

Howard Schultz coming back to Starbucks as Kevin Johnson retires

By Jonathan Maze on Mar. 16, 2022

The longtime former CEO of the Seattle-based coffee giant will replace Johnson as CEO on an interim basis as it looks for a permanent successor.

Financing

Shareholder group wants Starbucks to change its tune on unions

By Jonathan Maze on Mar. 16, 2022

The letter, from a coalition of pension funds and social investors, cites the increasing popularity of labor groups and comes amid a growing push to unionize more locations.

Financing

How the pandemic has changed restaurants’ beverage deals

By Jonathan Maze on Mar. 16, 2022

A Deeper Dive: Tim Harms, CEO of the consulting firm Enliven, joins the podcast to discuss the evolution in restaurants’ beverage programs.

Operations

Starbucks plans to expand its ‘Community Store’ concept to 1,000 locations

By Jonathan Maze on Mar. 15, 2022

The coffee giant also said it is testing more inclusive design options as it works to improve accessibility to people with disabilities.

Financing

Restaurant chains’ Russia problems may only be starting

By Jonathan Maze on Mar. 14, 2022

Reports suggest that the country may eliminate trademark projections and has threatened companies that withdraw, including McDonald’s and Yum Brands.

Financing

Dairy Queen is making a big push in China

By Jonathan Maze on Mar. 10, 2022

The fast-food chain known for its ice cream plans to open 600 locations in the country by 2030 with FountainVest Partners.

Financing

On Russia, restaurants found themselves ‘between a rock and a hard place’

By Jonathan Maze on Mar. 10, 2022

The Bottom Line: Closing stores in Russia is costing McDonald’s and other brands millions. But the cost of not doing so might be even greater.

Financing

For McDonald's, closing its Russia restaurants will be costly

By Jonathan Maze on Mar. 09, 2022

The burger chain estimates that its decision to temporarily close its operations in the country will cost $50 million per month. The move spurred an exodus from one of the restaurant industry’s biggest global growth markets.

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