4 Key Takeaways From McDonald’s Q4 Earnings
Growth plans, digital opportunities and inflation were just a few of the points McDonald’s leaders covered in a Q4 earnings call with investors on Jan. 31. Here are some highlights: McDonald’s plans to spend up to $2.4 billion in capital expenditures this year, with half the amount allocated to new units. The chain says it…
Read MoreDine Brands Debuts New Combo Abroad
Plans are in the hopper for at least four more dual-branded restaurants in the Middle East.
Read MorePapa Johns Brings Kiosks, More to 8 International Stores
Papa Johns’ international restaurants are keeping up with the times, and with some of their North American counterparts, through a new design announced this week. The first of eight international stores to feature the new design is open in China’s Hubei province, while seven other locations—in Jordan, United Arab Emirates, Saudi Arabia and Kenya—are currently…
Read MoreMeet Focus Brands’ Newest Senior Leaders
Focus Brands’ new senior leaders hail from Inspire Brands, Domino’s Pizza and Next Chapter Properties, respectively.
Read MoreFazoli’s Clocks Plans for Island Time
The 2023 opening represents one of five planned for the island over the next six years.
Read MoreWho’s Who: January 2023 Restaurant CEO Appointments
The fast-casual brand Modern Restaurant Concepts has a new Chief Executive Officer, the brand announced this week. John Cywinski, who served as the president of Applebee’s Grill & Bar for six years, joins MRC in the role. Cywinski’s resume also includes stints with Chili’s, KFC, McDonald’s and Burger King, and he is a 2021 IFMA…
Read MoreJollibee Changes Its Blueprint in Orlando, Fla.
Florida’s soon-to-open Jollibee has one thing the brand’s other U.S. stores do not.
Read MoreCiting Improved Labor Productivity, Del Taco Broadens Use of AI
The quick-service, 600-plus-unit chain first tested the technology in 2022 before today announcing its plans to “significantly expand” deployment.
Read MoreCold Beverages Drive Equipment Initiative for Growing Coffee Chain
Meanwhile, the brand also says it expects to surpass its 2023 growth objective of 800 locations.
Read MoreZoned For Success: The Story Behind Wing Zone’s Updated Design
Wing Zone’s updated design makes off-premise dining its centerpiece. Highlights include a tightened cookline, swifter service times and, down the road, robots.
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