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Jan 28: McDonald's CMO is leaving, Sun Holdings takes over Uncle Julio's, Duck Donuts CEO departs, New store openings

McDonald’s CMO is leaving

Tariq Hassan will leave his role as CMO. Alyssa Buetikofer will take over as role of senior vice president, chief marketing and customer experience officer.  This comes right after its announcement of partnership with Pokemon

Source: McDonalds

Sun Holdings takes over Uncle Julio’s

Acquisition took place at foreclosure auction on December 19 2024. Per its press release, Uncle Julio’s will benefit from synergies with Sun Holdings’ other Mexican-focused brands. 

Source: Sun Holdings

 

Duck Donuts CEO departs

Betsy Hamm resigned amid layoffs at its HQ in Pennsylvania. There has been reports of multiple stores closures in recent months. 

Source: InsideRetail  

IFA 2025 in February 10

2025 International Franchise Association Convention is in Las Vegas from February 10 to 13. 

Source: Franchise  

Nana Mensha resigns from Darden’s Board of director effective January 27 2025

Source: SEC

New Locations:

Swig opens it’s 100th store

It is currently running promotions that gives customers $1 drink. It is famous for its “dirty sodas”. Source

Sweet Paris Creperie  opens location in Nashville

It is partnering with Virentas Partners for the new location. Currently it has 18 locations and additional locations under development contracts. 

Salta Salad Kitchen is entering South Carolina

It is partnering with Brain and Keti Leachman to open three new locations in South Carolina. It is expected to open in fall of 2025. Source

Redberry Restaurants opens its first Taco Bell of 2025

This brings total Taco Bell locations of Redberry to 34. Source

Potbelly opens 15th location in Ohio. Source