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
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