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Leadership

KFC U.S. makes some executive changes

 By Jonathan Maze on Dec. 19, 2022

Ben Dubost was named chief development officer for the chicken chain and Kate Ward was named chief legal officer.

Operations

A former corporate security officer sues McDonald’s for discrimination

 By Jonathan Maze on Dec. 19, 2022

The former VP in charge of executive protection accused the company of retaliating against him after he apparently contradicted the CEO during a public forum. The burger giant said the lawsuit runs “completely afoul of the facts.”

Financing

Inspire Brands sells Rusty Taco to the owner of Cicis Pizza

By Jonathan Maze on Dec. 19, 2022

The owner of Arby’s and Dunkin’ decided that the taco chain would be better off in the hands of a company that operates emerging brands.

Financing

Why consumers are sourcing more holiday meals from restaurants

By Rich Shank on Dec. 19, 2022

Technomic's Take: Preparing holiday meals is a lot of work, as our parents experienced. It's why so many Americans now go to restaurants for part of their meal options.

Financing

Struggling Freshii to be sold to Foodtastic

By Jonathan Maze on Dec. 19, 2022

The healthy fast-casual franchise has agreed to be sold to a growing Canadian restaurant operator for $54 million.

Financing

Consumers are still spending on food

By Jonathan Maze on Dec. 16, 2022

The Bottom Line: Despite high prices, people are not cutting back on food spending. And restaurants remain a strong source for consumers’ dollars.

Financing

Behind Yum Brands’ effort to make technology an ever-present part of its business

By Jonathan Maze on Dec. 16, 2022

The owner of KFC, Pizza Hut, Taco Bell and Habit Burger both acquires and develops technology to make the lives of its customers and employees easier. Here’s how the company is doing it.

Leadership

Red Robin COO Michael Buchmeier is leaving the company

By Joe Guszkowski on Dec. 16, 2022

Buchmeier, who has spent a combined 25 years at the chain, is the latest C-suite departure under new CEO G.J. Hart.

Operations

In 2022, inflation trumped everything

By Jonathan Maze on Dec. 16, 2022

The year’s biggest stories: Soaring costs, Starbucks’ big year, the Fast Act and restaurants’ Russian exodus marked a year full of monumental shifts and challenges.

Financing

Olive Garden gets boost from return of Never Ending Pasta Bowl

By Joe Guszkowski on Dec. 16, 2022

Sales and traffic improved significantly at the chain as guests came back for the popular promotion.

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