News

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Workforce

Overtime pay to be extended to salaried employees earning less than $43,888

The pool of managers entitled to time-and-a-half pay will jump again on Jan. 1, then increase every three years.

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

The principal of another Illinois food manufacturer has offered to buy the chain of ice cream shops and its sister businesses.

The brands' recently formed parent company, Outfox Hospitality, has shut down all 35 of its locations in Chicago, Washington, D.C., and Austin, Texas.

Once reserved for the internet only, virtual brands are making their way onto in-restaurant menus and even their own brick-and-mortars, and seeing good results.

The agency's food safety arm has been alerted that ground beef products possibly contaminated with E. coli have made it to market.

Flynn, already the world’s largest franchisee of the casual-dining chain, is acquiring 26 restaurants from an existing franchisee and is making plans to open 25 new locations by 2031.

Qdoba agreed to pay $3.8 million to settle a pay transparency lawsuit. Chipotle agreed to pay more than $3 million in a case related to alleged scheduling and paid leave violations in Seattle.

Franchisee Alshaya Group plans to open four Chipotle units in the Middle East this year.

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