Current News

McDonald's restaurant
Managing

McDonald’s USA has teamed up with AARP and the AARP Foundation to add more seniors to its work force. The addition of older workers will help alleviate the effects of the tight labor market as the firm prepares to hire about 250,000 people for the summer.

Geo Concepcion, photo courtesy of The Greene Turtle
Leadership change

The Greene Turtle announced on Tuesday that it has hired Geovannie Concepcion as its new president and CEO. Concepcion takes over from CEO Bob Barry.

SBA Small Business Person of the Year Winners
Small Business

The SBA’s Small Business persons of the year are Arizona mead producers Jennifer and Jeff Herbert. The first runners-up are Brad and Angie Barber from Iowa, who have a coffee cafe franchisor business. The winners were named today during the 2019 National Small Business Week ceremony in Washington, D.C.

Panera Bread restaurant after dark
Leadership change

Niren Chaudhary has been appointed the president and CEO of Panera Bread, replacing Blaine Hurst, who will be vacating his CEO post effective May 23, 2019. Hurst, presently on Panera’s board, will become its vice chairman.

Foodservice

Fast casual restaurant chains have grown both in unit count and consumer visits says a market researcher.

Briefings from Other Trade Journals

People tend to think of Japan as having a homogeneous population, in contrast with the U.S. But it turns out that similarly to the U.S., immigrants can be a boon to employers. A case in point are convenience stores. In Japan, Seven-Eleven (unlike in the U.S.

Hotel owners are keeping a sharp eye out for new technology that can help their bottom line, but workers, along with unions, are concerned about devices that could eliminate their jobs. They want input into changes that affect them.

Americans have exponentially increased the time they spend on food and drink apps. QSR owners must provide a first-class mobile strategy or risk being left behind as a relic of the past by their competitors who do.

To cope with today’s tough labor market, three quick service restaurant companies are offering a new benefit to help attract and keep good workers: wages paid the same or next day.

The largest Burger King franchisee in the U.S., Carrolls Restaurant Group Inc., announced a net loss of $11.5 million in the quarter that ended on March 31. The franchisee owns 1,010 Burger King and 55 Popeyes restaurants.

Use information available through the U.S. Census Bureau to help you open or expand your business by learning how to access statistics about your market, customers and other businesses like yours.

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