QSR chains amp up promotions during Halloween 2018 season
Quick-service restaurant chains are amping up their promotions and limited-time offerings during the Halloween season. Burger King is introducing a nightmarish burger called the Nightmare KIng, intended and “clinically proven” to induce increased nightmares. The Nightmare King sandwich contains a quarter-pound flamed-grilled beef patty, 100-percent white meat crispy chicken fillet, melted cheese, thick-cut bacon, mayo and onions on a glazed green sesame seed bun.
Starbucks taps ex-Hyatt executive to succeed Maw as chief financial officer
Starbucks has named Patrick Grismer executive vice president and chief financial officer, succeeding Scott Maw, who is retiring at the end November. Grismer will report to Kevin Johnson, Starbucks president and chief executive. Grismer brings global financial expertise from leadership roles in several large, consumer-facing companies, including Hyatt Hotels, KFC parent Yum Brands and The Walt Disney Company, spending more than 25 years as these hospitality and foodservice behemoths.
Off-premises business the new battleground for restaurant chains
Off-premise food popularity was a top dining trend identified this year. As consumers look for more convenience, there is no shortage of chains wanting to bring the food to where the consumers are. For IHOP, the sales momentum it gained in its Q2 2018 quarter was not exclusively due to the initial lift... but also due to a focus on off-premise sales and operational execution. Through the Starbucks-Alibaba partnership, delivery will be launched in Beijing and Shanghai in September, expanding the program to 30 cities and more than 2,000 stores... enables the creation of “Starbucks Delivery Kitchens” within Hema supermarkets.