Seattle — At Starbucks’ recent biennial Investor Day in Seattle, interim CEO Howard Schultz, CFO Rachel Ruggeri and other Starbucks leaders showcased the company’s Reinvention plan, which aims to invest in partners, customers and stores. The plan is expected to accelerate the company’s long term growth, progressively expand operating margin and drive high-teens non-GAAP EPS growth annually through fiscal 2025. “As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of …
uber eats
San Francisco — Uber Technologies, Inc. and Albertsons Companies, Inc. have expanded their partnership to include more than 2,000 of the grocer’s banner stores nationwide, including Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, Randalls and more through Uber Eats. This expansion brings nearly 800 new locations to Uber Eats including to consumers in Connecticut, Indiana, New Hampshire, Utah, Vermont and Rhode Island for the very first time. To enable this growth, Albertsons Cos. stores are more accessible within the Uber Eats app than ever before. Now, in addition to stores being …
Newport Beach, Calif. — Chipotle Mexican Grill will continue its expansion into Canada with a new location in Surrey, British Columbia, that is scheduled to open on March 30. The restaurant will be Chipotle’s first new Canadian location since its Markham, Ontario, restaurant opened in October 2018. Chipotle also plans to unveil its first Canadian Chipotlane at a new restaurant opening in Port Coquitlam, British Columbia, this summer. Chipotlane, the brand’s drive-thru digital order pickup lane, increases access and convenience by providing a speedy and seamless guest experience in under …
— By Darren Waxman — Retail has changed forever. It’s time to make a pandemic pivot. The COVID-19 pandemic has drastically changed the way American’s interact, communicate, work, shop, and mingle. Social distancing has instantly become the new normal, toilet paper has become a scarcity, while Netflix and Disney+ are now considered primary needs. The spread of the coronavirus has spawned consumers to panic buy items virtually overnight, which in turn has severely disrupted supply chains and caused shortages of everyday items. Retailers and restaurants that were not operating …
Smokey Bones Fully Reopens All Restaurants, Adds a New Location with Ghost Kitchen and Virtual Restaurant
Aventura, Fla. — Smokey Bones reopened all of its 61 restaurants in 16 states on June 30. During the pandemic, Smokey Bones created and opened its 61st restaurant, a ghost kitchen in Chicago and opened a new brand, The Wing Experience, in June as a virtual restaurant located inside its ghost kitchen. “We are proud to not only have reopened all of our restaurants, but we have demonstrated, with the launch of our ghost and virtual kitchens, that Smokey Bones is a growth brand, now and in the future,” says …
San Francisco — Uber Eats has announced efforts to support independent restaurant owners and operators as the hospitality industry faces unprecedented challenges amidst the COVID-19 state of emergency. “We know the coming weeks will be challenging ones for many small business owners, and we want to help restaurants focus on food, not finances,” says Janelle Sallenave, head of Uber Eats for the U.S. and Canada. “That’s why we’re working to drive increased demand to more than 100,000 independent restaurants across the U.S. and Canada through free delivery and marketing efforts.” …
Chicago — McDonald’s and its franchisees plan to invest approximately $186 million to modernize 240 restaurants located across Florida. The initiative is part of the fast food giant’s aim to invest $6 billion to modernize most of its U.S. restaurants by 2020.