Leaders from PepsiCo, Jersey Mike’s Subs, the Multicultural Foodservice & Hospitality Alliance and 4thMVMT discuss program aimed at developing and mentoring “aspiring black entrepreneurs” to become restaurant owners...
The latest discrimination suit was filed by two brothers who are accusing McDonald’s USA of purposely placing Black operators in underperforming stores; the quick-service chain says they have given financial support...
Amici Partners Group buys struggling family-dining chain's assets, including 50 company-operated stores; Amici is an affiliate to Red Mango and RedBrick Pizza operator BRIX Holdings; Sun Capital recently sold Johnny...
Miller’s appointment comes as the company continues to shore up its human-resources division; Miller previously worked at VF Corporation, parent of brands such as Vans, Timberland and The North Face
Visits at McDonald’s are improving since the peak of the pandemic but still remain well below positive levels from January and February, according to data firm Placer.ai
Traffic declined 42% in latest quarter as locations in urban markets like Manhattan continue to be clobbered; the company plans to add more units in California and on the East Coast
Taco Bell drive-thrus served 30 million more cars during the period; quarterly digital sales at Yum Brands reach $4 billion; CEO David Gibbs leans into franchising for The Habit Burger Grill.
With margins hurting due to a surge in third-party delivery, the fast-casual restaurant company plans to increase menu prices by an additional 5% for aggregator orders; delivery sales represent about half of the brand...
