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Jack in the Box

Financing

Jack in the Box hopes Tiny Tacos yield big sales

The company said the new product, introduced a month ago, has helped it regain some of the value it lost when it raised taco prices.

Food

10 LTO standouts in the new year

Diners crave both healthier fare and comfort foods in winter.

Adrienne Ingoldt was named chief brand and experience officer, Jennifer Kennedy was named chief product and innovation officer and Sarah Super was named chief risk officer.

A lot of the brand’s locations had negative operating income in 2018, and the problem is concentrated in a surprising state, says RB’s The Bottom Line.

CEO Lenny Comma struggled to improve the brand’s relationship with operators, a major hurdle for the burger chain, says RB’s the Bottom Line.

A search is commencing immediately for a successor, the chain said.

With sales improving, the chain is planning incentives to encourage development, but franchisee relations and labor costs are hurdles.

The company said its comparable-store sales have increased for nine straight years, but wage inflation hurt store profits last quarter.

The company’s chief legal officer and chief of staff are among those leaving as the chain cuts corporate overhead.

As customers increasingly demand convenience, companies such as Wendy’s, McDonald’s, Dunkin' and Starbucks are focusing on operations to drive sales, says RB’s The Bottom Line.

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