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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…

VollrathDistribution

Vollrath Int’l Plots Broader Market Reach

Amid leadership changes abroad, the manufacturer announced a new global product collection.

Business Deal PRIDE Centric ResourcesWEB

Buying Group Welcomes Six New Dealer Members

Group helps dealers by leveraging buying power and discounts from manufacturers, plus marketing and training support.

PeterCryanConsultCryan

Former Inspire Brands Executive Launches Consultancy Firm

Armed with more than 30 years of restaurant industry experience, Peter Cryan will serve manufacturers, rep firms, design groups and restaurant brands.

DaveandBustersSanJuanOpening

Dave and Buster’s To Open Second Location in Puerto Rico

The entertainment and dining facility will boast a chef-crafted menu, premium drink offerings and a sports bar with a 40-foot wall of high-definition screens.

PuertoRico

Fazoli’s Clocks Plans for Island Time

The 2023 opening represents one of five planned for the island over the next six years.

JohnCywinski MRC

Who’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…

Jollibee

Jollibee Changes Its Blueprint in Orlando, Fla.

Florida's soon-to-open Jollibee has one thing the brand's other U.S. stores do not.

Jack in the Box Del Taco 1200x800 1

Citing 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.

Burkett Expands Delivery FleetWEB

Burkett Adds Trucks to Its Delivery Fleet

The additional cargo capacity will help serve the needs of clients in Ohio, Michigan and parts of Indiana.

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