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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 364

Inside Howard Schultz’s head

An assessment of the Starbucks CEO’s political sensibilities provides some lessons on his business style.

Culver’s reaches outside its founding family for a new CEO

Co-founder Craig Culver will retire on his 65th birthday, turning over control to president/COO Phil Keiser.

McD’s undershoots expectations with flat comps

Domestic same-store sales inched upward by 0.4 percent, falling short of the 1 percent gain forecast by analysts.

Focus Brands names 2 more group presidents

The company, now one of the industry’s largest franchisors, is adding a level of group presidents with multichain responsibilities.

Johnny Rockets promotes Walker, deepens expansion bench

The retro brand is the second company this week to anoint a president-level executive to foster more licensing business as well as traditional brick-and-mortar expansion.

NRA extends Sweeney’s contract by 5 years

The former AARP executive will continue to lead the industry’s leading association at last until 2020.

Swine intervention

Chipotle’s conscious uncoupling with its pork supplier is a lesson for the industry.

This week’s 5 head-spinning moments: The whole acorn-and-oak thing

Taco Bell risks skewing a product test, an app demonstrates the power of charging by the ingredient, the homeless find work at Galatoire’s, and McDonald’s puts its name on a retail product—for $18,000 a pop.

Starbucks to offer coconut milk

The new creamer will spare consumers with dairy or soy allergies from having to drink their coffee black.

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.

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