Yum! Brands Inc Archives

2024-10-25

Yum Brands, Burger King pull onions from select locations after McDonald’s E. coli outbreak

A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Burger King and Yum Brands, which owns Taco Bell, have pulled onions from select restaurants following an E. coli outbreak tied to McDonald’s. “As we continue to monitor the recently reported E. coli outbreak, and out…

2024-09-05

Beyond Meat to launch new steak alternative as it focuses on health

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Beyond Meat in El Segundo, California, on May 30, 2024. Christina House | Los Angeles Times | Getty Images Beyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers. CEO Ethan Brown said on Wednesday that the rollout will likely include a partnership with a restaurant chain known for serving healthier…

2024-08-14

Wall Street cheers Brian Niccol appointment

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Brian Niccol, CEO of Chipotle Anjali Sundaram | CNBC Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after…

2024-08-14

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

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Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, sending its stock soaring 24.5%, its best day ever. Chipotle’s stock fell over 10% on the news that Niccol would leave after a successful tenure at the burrito chain. Narasimhan’s departure is effective immediately. Starbucks CFO Rachel Ruggeri will step in as interim chief executive until…

2024-08-12

Restaurant CEOs focus on value as they aim to bring back customers

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A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months. On McDonald’s quarterly conference call last month, executives said…

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Tag: Yum! Brands Inc

Yum Brands, Burger King pull onions from select locations after McDonald’s E. coli outbreak

Beyond Meat to launch new steak alternative as it focuses on health

Wall Street cheers Brian Niccol appointment

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Restaurant CEOs focus on value as they aim to bring back customers

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