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In memoriam: Temporary restaurant closures become permanent for independents amid the coronavirus crisis


The owner of KFC, Taco Bell, Pizza Hut and Habit accelerated development in the third quarter and said it has a shot at breaking an industry record for new openings this year.

The slowdown comes as the fast casual posted record average unit volumes and 16.3% same-store sales growth for its third quarter.

Baristas with at least two years of experience will get a raise in January as the chain pushes pay higher and vows more training and referral bonuses.

The fast casual, which submitted its go-public plans this week, said it is having trouble getting workers to submit proof of vaccination, which could lead to layoffs, staffing shortages and potential restaurant closures.