KFC, Taco Bell, and Cava

A Papa Johns franchisee files bankruptcy. Some Starbucks baristas are getting bonuses this week. And it’s not a great time to get a loan.Add Philadelphia Cream Cheese to your menu: ⁠https://www.kraftheinzawayfromhome.com/philadelphia

TGI Fridays is getting ready to grow again in the U.S. Later hours are working for Black Rock Coffee. And California Pizza Kitchen is bringing vending machines to military bases.Add Philadelphia Cream Cheese to your menu: ⁠https://www.kraftheinzawayfromhome.com/philadelphia

Craveworthy Brands makes a major acquisition in the pizza space, a former Yum Brands franchisee filed for bankruptcy, and restaurant jobs numbers are slipping. Add Philadelphia Cream Cheese to your menu: ⁠https://www.kraftheinzawayfromhome.com/philadelphia

El Pollo Loco marked a fourth consecutive quarter of same-store sales growth, KFC International renewed its vows with Pepsi overseas, and Sweetgreen is looking to build its dinner business.Get your Philadelphia Cream Cheese: ⁠Philadelphia - AFH | Kraft Heinz Food Industry Services⁠

A hoax caused some damage at Texas Roadhouse. Outback is making progress on its turnaround. And BJ’s outperformed casual dining in its latest quarter.Add Philadelphia Cream Cheese to your menu: https://www.kraftheinzawayfromhome.com/philadelphia

McDonald’s is reshuffling marketing leadership as it looks to sharpen its strategy. Wendy’s has rejected a $1.4 billion buyout offer. And Papa Johns reported another quarterly decline.

Yum is thinking globally about KFC. Taco Bell is expanding its use of Voice AI. And Cava had a cyclospora-related impact in the third quarter.

Taco Bell’s same-store sales have fallen for the first time since 2020. A Canadian multi-brand franchisor has made a bid to acquire another Canadian multi-brand franchisor. And 7 Brew has food on the menu for the first time.

An Outback franchisee files bankruptcy. Popeyes is scaling back its wings. And Yum Brands ends its relationship with a KFC and Taco Bell franchisee in Puerto Rico.

All eyes are on The Cheesecake Factory. Over 4,000 Yum Brands employees have participated in a new development program there. And Raising Cane’s is expecting a busy November.