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Financing

McDonald’s to stop lobbying against minimum wage increases

The company told the National Restaurant Association of its intention to no longer support any push against mandated pay hikes.

Leadership

Inspire Brands names Raghu Sagi chief information officer

Darla Morse will become the CIO of another Roark Capital-owned company, CKE Restaurants.

The company plans to use its personalization technology on drive-thru menu boards, kiosks and its mobile app.

The former NBA star is also investing in nine locations and will be an ambassador for the brand.

A Mizuho analyst finds the vast majority of master franchising commitments go unfulfilled, and 40% fail altogether, says RB’s The Bottom Line.

The popular product returns Saturday and will be available for a month.

The company will give away a “McDelivery Couch” as it works harder to market delivery.

But the company believes upcoming initiatives, including a plant-based Beyond Meat Taco, will help reverse its fortunes.

Operators’ inability to fully staff restaurants can hurt same-store sales, says RB’s The Bottom Line.

After a busy 2018, the company is now focused on improving speed and marketing its new strategies to bolster traffic.

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