News

Bob Evans is reportedly exploring a sale

By Joe Guszkowski on Jan. 11, 2022

The family-dining chain could be valued at up to $600 million, according to Bloomberg.

Why Burger King couldn’t compete in the Chicken Sandwich Wars

By Jonathan Maze on Jan. 11, 2022

The Bottom Line: The chain’s Ch’King sandwich was good, but it didn’t generate hoped-for sales and was outperformed by both McDonald’s and KFC.

Leadership

Duck Donuts names Eric Lavinder its first chief development officer

By Jonathan Maze on Jan. 11, 2022

The move comes along with several other management moves as the donut chain works to support its growth.

Financing

Why Wings & Rings is accepting bitcoin from franchisees

By Joe Guszkowski on Jan. 11, 2022

The sports bar chain wants to experiment with cryptocurrency, part of an overall push to do more with technology.

Financing

Citing ‘unprecedented’ cost increases, Domino’s plans to change its value offers

By Jonathan Maze on Jan. 11, 2022

CEO Ritch Allison said that the company will make changes to its national value offers, starting by making its $7.99 carryout deal online only, as supply chain and labor costs hit hard.

Marketing

Starbucks will double spending with diverse suppliers by 2030

By Jonathan Maze on Jan. 11, 2022

The company said that it would spend $1.5 billion with suppliers owned by Black, Indigenous and People of Color. The coffee giant spent nearly $800 million last year.

Financing

Big Burger King franchisee Carrols says omicron hurt its sales

By Jonathan Maze on Jan. 10, 2022

The company’s results were improving in the fourth quarter but worsened in the last two weeks of December.

Leadership

Ruth's Chris CFO Kristy Chipman adds COO to title

By Joe Guszkowski on Jan. 10, 2022

Chipman, who joined the steakhouse chain in 2020, is also executive vice president and chief accounting officer. Ruth's also hired Robert Miles as VP of development.

Financing