Post-Covid Recovery Report News Roundup, April 2022
Are we truly coming out of the pandemic, or is it a “Just when you thought it was safe” moment? Are we unmasking too soon? Is another ugly surprise just around the corner, or can we finally move on? Oh wait, Ukraine.… Still, the world keeps spinning. In the midst of all this, here’s your chance to follow the leaders and catch up on franchise-related news every first Thursday of the month.
POST-COVID REOPENING & RECOVERY
Burger King Lowers Price of Whoppers in France To Offset Fuel Increases
Waitr Issues 5% Gas Discount Card to Drivers as Gas Prices Surge
Starbucks CEO Gets $60 Million ‘Golden Goodbye,’ Even as Company Tries To Keep Out Unions (Opinion)
Major Restaurant Chains Commit To Eliminating “Forever Chemicals”
Nekter Juice Bar Signs 18 Agreements for 37 Locations in Q1
Menu Price Inflation Hit 41-Year High in February
DoorDash’s 2021 Revenue Tops Pandemic Record; Expects Continued Growth
Restaurants Debate Masking Rules as Covid-19 Rules Rapidly Disappear
Why People Keep Buying Restaurants (Robin Gagnon)
IFA Launches Hispanic Latino Franchise Leadership Council
How Plant-Based Menus Are Changing the Perception of Fast Food
Best Cities To Start a Business in 2022
Marriott Doubles Revenue Despite Omicron Setback
Epic Health and Fitness Launches as a New Franchise
HIRING & EMPLOYMENT
Labor Shortages Are Causing Companies To Go on Hiring Sprees – Here’s Why
Worker Shortage Pushes Companies To Offer More Perks and Benefits
Three Starbucks Stores Unionize in a Single Afternoon
High-Profile Union Campaigns Offer a Learning Opportunity for HR
Employees Want To Stay, But Are Employers Giving Them a Reason To? (Oracle Ebook)
A Simple Guide To Designing a World-Class Employee Experience Program (Qualtrics Ebook)
FINANCE & M&A
Dave & Buster’s To Acquire Dallas-Based Main Event Family Entertainment Chain for $835M
Newk’s Eatery Comp Sales Increase 21.7% in Q4 2021
BBQ Holdings To Acquire 7-Unit Fine-Dining Brand Barrio Queen for $28 Million
LEADERSHIP
Wingstop CEO Charlie Morrison Resigns To Become CEO of Salad & Go; COO Michael Skipworth Named CEO
Domino’s Pizza New CEO, Russell Weiner, Faces New Set of Challenges
El Pollo Loco Names Larry Roberts CEO, Effective Immediately
5 Tips on How To Stay Focused as a New CEO
The Cost of Indecision: How To Stop It from Hurting Your Business (Methodify)
Franchise GrowthLab Launches To Fuel Growth of Franchises
LEGAL
Sen. Cortez Masto Calls on SBA To Take Action Against Harmful Practices in Franchise Sector
FAT Brands CEO Andy Wiederhorn Addresses Federal Investigation in Quarterly Earnings Call
Opinion: Burgerim’s Growth Had a Notable Enabler: The SBA
Restaurants Are Suing Google for Creating Digital Storefronts Without Their Permission
Owners of 3 Fusion Japanese Steakhouse Units Ordered To Pay $1.45M in Wage-Theft Case
Grubhub Sued by Washington, D.C., for Excessive Fees and False Advertising
Ice Cream Machine Hackers Sue McDonald’s for $900 Million
Loyalty Programs on California’s Radar Under CCPA
MARKETING/CUSTOMER EXPERIENCE
Most Retailers Still Struggle To Meet Customer Expectations for Hybrid Shopping
CKE Restaurants Launches Loyalty Program for Carl’s Jr., Hardee’s
Social Advertising Made Easy: An Unscary Approach to Advertising on Social Media (Hootsuite Guide)
London Burger King Goes Fully Vegan in Trial Run
Almost All Consumers Expect To Shop via Social This Year (Study)
Meta: Underreporting of iOS Web Conversions Down to 8% from 15% Last September
The Next Next Gen: The Solos Are Coming!
OPERATIONS
How First Watch Got Away Without Price Increases in 2021, Despite Inflation
Surging Fuel Prices Pinch Restaurant Consumers
Chick-Fil-A Taps into Biofuel Trend, Turning Fry Oil into Diesel
REAL ESTATE
Drive-Through Lane Competition Heats Up
Report: Commercial Real Estate Market Q4 2021 (Stan Johnson Co.)
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