Chains

Chains

Activists Try to Kick Trump Appointees Out of McDonald’s Labor Dispute

6 years ago

Two of Trump’s appointees to the National Labor Relations Board have previously worked as attorneys advising franchise owners in how to deal with the "Fight for $15" movement. It's unlikely that they could objectively weigh in on a labor dispute centered around that same movement.

Chains

China Sovereign Fund Pushes $13 Billion Yum China Takeover

6 years ago

Yum China has less than a fourth of the number of restaurants as its U.S. sibling, but it's market cap is more than half of it, which points to the optimism for its growth in a market that, unlike the U.S., is not completely oversaturated.

Chains

Chipotle Forges Ahead With Its Comeback Plan

6 years ago

Later operating hours, cheap tacos, more bacon. CEO Brian Niccol is taking what worked at Taco Bell and plugging it into Chipotle's playbook.

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Papa John’s Comeback Plan Depends on Getting Rid of John

6 years ago

Papa John's was already having sales troubles earlier this year, before the fallout with the company's founder. Now, however, the situation is exponentially worse: the company is expecting an unspecified number of store closures and potentially double-digit sales declines by the end of the year.

Chains

Smaller Restaurants Miss on Growth Numbers This Earnings Season

6 years ago

Restaurant company stock performance may not be indicative of consumer sentiment, but it does indicate potential business troubles that could cause rocky days ahead for even beloved brands.

Chains

Pizza Hut Is Still Losing Even as a Rival Stumbles

6 years ago

If there's a competitive sales lift to be had from Papa John's disastrous summer, Pizza Hut isn't seeing it.

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Starbucks Partners With Alibaba to Roll Out Delivery in China

6 years ago

Starbucks is betting that this partnership will help triple the coffee chain's revenues in the country in the next five years. The power of delivery is not to be underestimated here.

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The Cheesecake Factory Struggles With Rising Labor Costs

6 years ago

Labor costs took up 36 percent of Cheesecake Factory's total sales, and management isn't happy with it. We expect to see the company testing different methods of labor cost-cutting in the near future.

Chains

The Cheesecake Factory Will Partner Exclusively With DoorDash for Delivery

6 years ago

Chain restaurants entering into exclusive agreements with delivery partners isn't the norm just yet — most continue to partner with several companies as they explore delivery's potential. But when executed properly, an exclusive partnership can be good news for both companies involved.

Chains

Chipotle Temporarily Closes Ohio Location After Reports of Illness

6 years ago

When is a small report of illness at a local restaurant national headline news? When the restaurant is Chipotle and new company leadership is doing everything in its power to climb out from under years of illness-related headlines.

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Starbucks Bets on Delivery to Save Its China Business

6 years ago

As recovery strategies go, hooking people on delivery coffee isn't a terrible idea.

Chains

Yum’s China Operator Is Multi-Billion Dollar Target of Private Equity Firms

6 years ago

Despite recent challenges, there's no reason to believe Yum China's growth and profitability will soon outpace that of its U.S. parent company. Especially with a savvy local group like Hillhouse backing it.