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 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 MoreInnovation is not Cancelled
Despite economic challenges, hundreds of thousands of startups are launching across the country. The number of business applications filed in the United States in the week ended Aug. 29 exceeded 101,600, up 62% over the prior-year period, according to US Census Bureau data. Drexel Food Lab, a product development and culinary innovation center at Philadelphia-based…
Read MoreDo these 4 things to Improve Employee Retention During the Pandemic?
The uncertainty about when the economy and life will get “back to normal” weighs heavily on everyone. When might “normal” happen? One US public health expert expects it will take until fall 2021 — after the majority of the population is vaccinated and protected — for life to return to pre-COVID normalcy. A Fall 2019…
Read MorePollo Campero Seeks its Piece of the Chicken Empire
Sam Wong remembers hearing about the chicken concept Pollo Campero nearly 20 years ago. He was told that customers were waiting hours just to get into the restaurant. At first, Wong wasn’t buying the hype. So he drove 65 miles to Los Angeles to get a firsthand impression. As it turns out, the hyperbole was…
Read MoreMelting Pot is Working on a Hybrid Concept
The Melting Pot fondue chain has begun the development of a new concept it describes as “flex-casual,” making it the latest full-service chain to try a blend of fast-casual and full-service elements. Called Melting Pot Social, the new venture will feature menu and service options that go beyond the typical offerings of a Melting Pot.…
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