Global Foodservice News
Starbucks COO Rosalind Brewer is Leaving the Company in February
Starbucks announced Tuesday the departure of its chief operating officer, Rosalind Brewer, at the end of February. Brewer will be taking up the helm as CEO of Walgreens, a role that will make her the only Black female chief executive of a Fortune 500 company. “Starbucks chief operating role responsibilities are being distributed to other members…
Read MoreThe Eatertainment Company has Completed its Financial Restructuring, Eliminating $705 Million of Debt
After filing for Chapter 11 bankruptcy in June 2020 and creating a plan of reorganization confirmed by the U.S. Bankruptcy Court on Dec. 15, Chuck E. Cheese parent company CEC Entertainment announced on Dec. 30 that the company completed its financial restructuring and emerged from Chapter 11 protection. The company emerged from bankruptcy with $705…
Read MoreLandry’s Reportedly Eyes Going Public with Fast Acquisition
Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands. Bloomberg, in a report last week citing “people with knowledge of the matter,” said Fast Acquisition, which was…
Read MoreWalk-On’s Looks to Open Up Restaurants in 2021
Fueled by a recent growth equity investment from 10 Point Capital, the brand is poised for long-term expansion as it seeks qualified franchise partners to join the Walk-On’s team. Despite the challenges to the industry brought on by the pandemic, Walk-On’s has been able to remain steadfast through its keen focus on growth and is…
Read MoreMcDonald’s is Selling Popular Menu Items for 35 Cents or Less during its ‘Throwback’ Thursdays Deal
With the promotion, every Thursday, customers can purchase one of their favorite menu items like cheeseburgers, shakes, and fries for under $0.35. The items are available at a fraction of their typical cost, with cheeseburgers and shakes typically clocking in between $2-3 per item. The Thursday prices harken back to McDonald’s original prices when it…
Read MoreInspection Systems Upstream Improve Food Safety
Food safety is more important than ever. Bakers can’t afford to introduce any additional risk, so many of them are incorporating inspection technology earlier in the process. Adding metal detectors to the front of production lines, such as for inspecting incoming ingredients, will ensure that no metal contamination enters the process where it could damage…
Read MoreBest Ways to Clean your Conveyors the Right Way
Sanitation crews should follow the plant’s sanitation standard operating procedures (SSOPs) and the recommendations from the chemical suppliers, Food and Drug Administration (FDA) or the US Department of Agriculture. “The FDA is mostly concerned with the transfer of chemicals and elements from one product to the next or when the sanitizer didn’t get completely rinsed…
Read MoreFDA Food Safety Programs see Increased Funding
The enactment in December of the Consolidated Appropriations Act of 2020, including approval of the US Food and Drug Administration budget for the fiscal year 2021, should ensure continuity in the nation’s food safety programs and initiatives as the Biden administration takes the nation’s helm. The overall fiscal 2021 FDA budget, which includes the agency’s…
Read MoreBankruptcy court approves sale of NPC International’s Pizza Hut and Wendy’s restaurants to Wendy’s parent and Flynn Restaurant Group for around $800 million
The sale of NPC International’s Pizza Hut and Wendy’s locations to Flynn Restaurant Group and Wendy’s Co. has been approved, according to court filings. The three parties —NPC, which filed for chapter 11 bankruptcy protection last summer, Wendy’s and Flynn Restaurant Group, which is the largest restaurant franchisee in the country in terms of sales…
Read MoreEating these Foods Regularly can be Disastrous for your Health
We all know that ultra-processed foods like candy, soda, pre-packaged microwave meals, and hotdogs aren’t healthy. That certainly isn’t breaking news. But, the true extent of their negative impact on the human body and lifespan will likely surprise many readers. It’s one thing to hear that sugary cereals or bags of chips are “bad for…
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