Global Foodservice News
Uber Founder Turns Real-Estate Mogul for Ghost Kitchen Startup
Travis Kalanick’s CloudKitchens rents out delivery-only kitchens, which have gained popularity after the coronavirus pandemic closed restaurants. he former chief executive of Uber Technologies Inc. has been quietly assembling a mini real-estate empire over the past two years, acquiring closed restaurants, auto-body shops and warehouses for use in his new ghost kitchen venture. Entities tied…
Read MoreMcDonald’s Franchisees Are Working On Ways To Fix The Chain’s Broken Ice Cream Machines
We love McDonald’s over here. Their fries? Perfect. Their Big Macs? CLASSIC. Their fountain Diet Cokes? Arguably my reason for living at this point. But you and I both know even the biggest McDonald’s fans bring up one gripe with the chain, and it’s that the ice cream machines seem to be broken constantly. This…
Read MoreHow This Problem-Solving CEO Is Keeping Her Restaurants’ Doors Open
Dawn Lafreeda is President, CEO and founder of Den-Tex Central, Inc. dba Denny’s Restaurants. In 1984, she opened her first Denny’s and since then, has built an incredible 85-location operation. Lafreeda, like so many business owners in the restaurant space, has been massively impacted by the pandemic but has found a way to manage her…
Read MoreTomorrow’s Owners Wanted for Work Today: Jersey Mike’s Quicks off a new Recruitment Campaign
Jersey Mike’s Subs is launching a nationwide crew-level recruitment campaign aimed at entrepreneurial spirits who might want to become store operators or owners—if not heads of a multi-billion-dollar operation. A new TV commercial features CEO and chain father Peter Cancro, whose affiliation with the brand began when he bought the original unit at age 17…
Read MoreDomino’s Quarterly Sales Surge but Pandemic Costs hit Earnings; Shares Tumble
The pizza chain reported fiscal third-quarter net income of $99.1 million, or $2.49 per share, up from $86.4 million, or $2.05 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings of $2.79 per share. While the pandemic lifted sales, it also boosted costs for the company. Higher wages for front-line workers, personal…
Read MoreMeasures aimed at ensuring the most efficient food chain possible
The US Food and Drug Administration on Sept. 18 announced the latest in a series of initiatives aimed at providing temporary relief from enforcement of certain regulations and deadlines to food manufacturers struggling to adjust operations and procedures to ensure food is directed safely and in the quantities and forms required during the coronavirus (COVID-19)…
Read MoreFogo de Chão’s CEO Barry McGowan on how to Transition from Fine Dining to off-Premise in the Middle of a Pandemic
Barry McGowan has been CEO at Fogo de Chão since December 2018 and was a big part of the steakhouse chain’s effort to market to Millennials, but fine dining has taken a huge hit during COVID-19, and Fogo de Chão is no exception. The Plano, Texas-based fine-dining chain focused around churrascaria currently has 57 units…
Read MoreSearching for the “Just Right” Leadership Approach in this Era
For hundreds of years, individuals known as alchemists searched in vain for the mythical Philosopher’s Stone, a substance that was imagined to have the properties essential for turning basic medals into gold or generating the elixir of immortal life. Today’s equivalent search is for that one leadership style capable of turning crisis into survival and…
Read MoreU.S. Representatives ask FTC to Probe 3rd-Party Delivery Operators & Franchisers
U.S. Representatives ask Federal Trade Commission to Probe Third-Party Delivery Operators, Franchisors U.S. Representatives from three states also ask the FTC to take a closer look at franchisor/franchisee relationships; Grubhub says their mission is to drive orders to restaurants. Congressional leaders from Washington state, Illinois, and Pennsylvania took aim at third-party delivery operators this week,…
Read MoreNYC Dining Rooms are Still Closed. That’s Squeezing Olive Garden’s Best Restaurant
Before the pandemic, New York City’s Times Square was bustling with office workers, theatergoers, and tourists. But pandemic restrictions have FORCED Bradway to go dark and dining rooms to remain closed. New York City has banned indoor dining since March and plans to start allowing indoor dining at up to only 25 percent capacity at…
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