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NRN editors discuss Starbucks store closures, McDonald’s buying out franchisees, Dave & Buster’s shaking up the C-suite

Plus, hear from Cava CEO Brett Schulman on the healthful chain’s new menu items and growth plans

 

This week on Extra Serving, a podcast by Nation’s Restaurant News, NRN editors Holly Petre, Leigh Anne Zinsmeister, Bret Thorn and Joanna Fantozzi discussed Starbucks permanently closing stores due to health and safety concerns.

Last week, Starbucks closed 16 stores due to health and safety concerns involving drugs. The chain’s CEO Howard Schultz spoke with employees a few months ago and as a direct result of that, these 16 stores were closed due to needles and drug use in the bathrooms. The team discussed why Starbucks would close units rather than attack the problem with another solution.

Next, the team discussed McDonald’s buying back units from a retiring franchisee. The country’s largest chain bought back 60 units from one of its franchisees earlier this week and the team discussed what it could mean for the fast-food giant. The team also discussed why McDonald’s hasn’t made any food acquisitions in a while.

Lastly, the team spoke about Dave & Buster’s new executive team. The casual-dining company revamped its C-suite after acquiring Main Event and incorporated people from that company’s C-suite into its own C-suite. The team discussed the harmonious merger and what it could hold in the podcast.

Plus, hear from Brett Schulman, CEO and co-founder of Cava, on the chain’s 2021 success and its plans for growth along with menu development and LTOs.

Be sure to check out NRN’s latest podcast, First Bite. A daily news podcast featuring the top stories of the day plus a deeper dive into one of the trending stories with an NRN editor, delivered to your phone or computer every morning. You can subscribe wherever you get your podcasts.

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