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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 350

Taco Bell’s comps soar, Pizza Hut’s new strategy disappoints

KFC also finished 2014 with a surge, topping year-ago unit sales by 6 percent.

Cinnabon’s Kat Cole gets a new job

After leading the bakery chain for four years, Cole is stepping up to group president of the concept’s parent company, Focus Brands. Her duties as Cinnabon president have been assumed by former COO Joe Guith.

Dunkin’ to get new drinks whirring

The coffee-and-doughtnuts chain is installing blenders for several new generations of frozen and blended drinks.

Wendy’s comp sales slow but still gain 2.3% for 2014

The burger giant raised unit volumes to $1.6 and sold 237 stores, with 500 more on the block.

Sysco says it’s cleared the hurdle to US Foods deal

The distribution giant said it would sell 11 centers to Performance to allay FTC concerns.

Shake Shack’s value bid into the billions

The retro burger concept’s IPO snagged $105 million—and the intense notice of other fast casuals considering an offering.

This week’s 5 head-spinning moments: Restaurants get a bad name

This week’s most memorable developments weren’t exactly high points in the industry’s efforts to improve its image and demonstrate a social commitment.

Who is McDonald’s incoming CEO?

Steve Easterbrook is no stranger to turnarounds, having engineered a difficult one for McDonald’s in the United Kingdom. He’s also had prior CEO experience.

6 questions about McDonald’s change in leadership

Here’s what observers of McDonald’s situation are likely to be asking themselves about the passing of the baton.

NYC restaurants accuse health inspectors of lapsing into a gotcha mindset

A group says the city is trying to turn hospitality businesses back into ATM, dispensing cash for minor infractions.

McD’s Thompson to relinquish CEO’s post to CBO Easterbrook

The struggling leader’s retirement on March 1 will trigger other executive changes.

Brinker posts 4.2% comp-sales gain for Chili’s

Strong traffic contributed significantly to the gain for company-run stores and helped boost Maggiano’s same-store sales by 2.3 percent, the casual-dining giant said.

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