Pizza Hut’s $1.2B China Sale Shakes Up Market
Yum! Brands has finalized a $1.2B deal to transfer Pizza Hut China to Yum China Holdings, signaling big strategic moves for both global franchisors and operators.
Aug 7, 2026
Yum! Brands has finalized a $1.2B deal to transfer Pizza Hut China to Yum China Holdings, signaling big strategic moves for both global franchisors and operators.
Aug 7, 2026
Panera Bread appoints industry veteran Andy Rebhun as Chief Marketing Officer, ushering in a new era of brand growth and consumer engagement.
Aug 7, 2026
Portillo’s trims 18% of its corporate staff in a bid to refocus resources on restaurant excellence and navigate operational challenges. Discover what the changes mean for the chain’s future.
Aug 7, 2026
Scheduling software helps restaurants save time, control labor costs, improve communication, prevent conflicts, support compliance, and make smarter staffing decisions.
Aug 5, 2026
Portillo’s trims corporate and field roles by 18% in a strategic shake-up to support future growth after soft traffic and sales. Read what this means for multi-unit operators.
Aug 6, 2026
Dutch Bros invests $105 million to acquire Salad and Go’s closed locations, targeting rapid expansion in key southern markets. Learn what this means for multi-unit restaurant owners and operators.
Aug 6, 2026
Salad and Go's bankruptcy and closure offer key lessons on growth, risk management, and market dynamics for restaurant leaders. See what every operator can learn.
Aug 5, 2026
Learn how to calculate prime cost, track food and labor expenses, measure percentages, identify problems, and improve restaurant profitability consistently.
Aug 5, 2026
Portillo’s announces industry veteran Kevin Kalicak as its new CFO and Treasurer, underscoring the brand’s growth strategy and financial vision.
Aug 5, 2026
Skye Anderson will lead McDonald's USA as its new president, stepping in to accelerate growth and revive sales. Learn how her leadership could shape the future of the restaurant industry.
Aug 4, 2026
The effects of McDonald’s unit closures, hiring trends, and leadership changes in the restaurant industry. Learn about the latest developments and key appointments.
Photo by (Augustin-Foto) Jonas Augustin
Photo by (Augustin-Foto) Jonas Augustin
McDonald’s recent decision to close three locations of the new drive-thru beverage concept in Texas has sparked discussions about the company's strategic moves. While the closures involve larger format outlets, McDonald’s has affirmed its intention to open two smaller format locations in the state. This shift reflects the evolving consumer preferences and the company's adaptability to navigate market demands.
Despite concerns surrounding closures, weak traffic, and bankruptcies in the restaurant industry, the sector continues to witness significant hiring activity. According to recent federal data, restaurants and bars added nearly 30,000 jobs in December, accounting for 12% of overall hiring for the month. This hiring trend signifies the resilience of the industry and its ability to create employment opportunities despite challenges.
The restaurant industry is experiencing notable leadership changes, indicating a shift in strategic direction and operational focus. Portillo’s appointing Jack Hartung, Chipotle’s president and chief strategy officer, to its board highlights a cross-pollination of talent within the fast-casual segment. Similarly, Bartaco's promotion of Anthony Valletta, a seasoned hospitality leader, to the CEO position underscores the importance of experience and expertise in steering restaurant concepts to success.