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Financing

Starbucks U.S. sales recovered last quarter

 By Jonathan Maze on Apr. 27, 2021

The chain’s same-store sales grew over 2019 levels thanks entirely to higher check averages as customers ordered more items per visit.

Financing

Tropical Smoothie Café works to keep its momentum

 By Jonathan Maze on Apr. 26, 2021

The smoothie-and-food chain has been a strong grower for years and turned on the jets so far in 2021. It hopes to keep all its new customers.

Operations

Taco Bell’s owner wants to cut its greenhouse gas emissions

By Jonathan Maze on Apr. 26, 2021

Yum Brands, which also owns KFC, Pizza Hut and Habit, plans to reduce emissions by 46% by 2030.

Financing

Fast-food chains start pricing for convenience

By Jonathan Maze on Apr. 25, 2021

Quick-service concepts have raised prices aggressively and largely abandoned value amid a spike in demand. That strategy carries some risks coming out of the pandemic.

Financing

Teamsters sue McDonald’s over the Steve Easterbrook severance

By Jonathan Maze on Apr. 22, 2021

The union wants to inspect documents related to the board’s discussions on issues of sexual harassment and gender discrimination dating back to 2006.

Financing

Subway says it is not for sale

By Jonathan Maze on Apr. 21, 2021

The company made an emphatic statement on Wednesday as rumors continue to spread that it is on the market.

Food

Taco Bell is testing a new plant-based taco

By Jonathan Maze on Apr. 21, 2021

The Cravetarian Taco is made with its own blend of chickpeas and peas, though the company says it is still working with Beyond Meat on a new protein.

Financing

How Jersey Mike’s did things its own way and won 2020

By Jonathan Maze on Apr. 21, 2021

The sub chain was an early technology adopter, jumped quickly on the delivery bandwagon and paid for its franchisees’ remodels—and easily bested all other sandwich chains last year.

Financing

As frustration mounts, Subway operators appeal to shareholders

By Jonathan Maze on Apr. 20, 2021

A group of franchisees has appealed directly to Elisabeth DeLuca, widow of cofounder Fred DeLuca, over a list of concerns as operator angst at the chain continues to mount.

Leadership

Focus Brands names three new executives

By Jonathan Maze on Apr. 20, 2021

The owner of Cinnabon and Auntie Anne’s named Guillermo Cremer its new chief people officer and Joe Guith as head of its restaurant brands. Will Costello is a new procurement VP.

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