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  • Retailers, restaurants to feel impact of overtime pay expansion

    Washington, D.C. -- Retailers and restaurant owners can expect their labor costs to rise under a new proposal from the Obama administration.

    On Tuesday, the Department of Labor unveiled a proposal whereby salaried workers who earn up to $50,440 a year would be eligible for time-and-a-half overtime wages when they work more than 40 hours per week. That is more than double the current threshold of $23,660, or $455 per week, established in 2004.

  • Corner Bakery Café taking off in airports

    Dallas - Corner Bakery Cafe has found another route to help it reach its goal of doubling its national footprint in the next two years.

    The company, which operates more than 185 company-owned and franchised locations around the country, said it plans to expand in the nation's busiest airports. The chain is basing the plans on success of its Hartsfield-Jackson International Airport location in Atlanta.

  • Subway names 40-year veteran as president

    Milford, Conn. - Suzanne Greco, who began her tenure with the Subway restaurant chain as a store associate in 1973, has been named president of the company. For 24 years, she led the research and development team.

    In 2012 Greco’s responsibilities expanded when she began overseeing the operations department and her responsibilities expanded again earlier in 2015 when she began overseeing the marketing department.

  • Dunkin’ Donuts continues expansion in hotels

    Canton, Mass. - Dunkin' Donuts has opened its newest hotel location at the Great Wolf Lodge in Sandusky, Ohio, making it the fifth restaurant to open under a franchising agreement between Dunkin' Donuts and Great Wolf Resorts. Dunkin' Donuts has existing restaurants at Great Wolf Lodge in Concord, North Carolina; Williamsburg, Virginia; Traverse City, Michigan; and Fitchburg, Massachusetts.

  • McDonald’s using tablets to let customers customize burgers

    Oak Brook, Ill. — McDonald's is letting customers really have it their way. The fast-food giant has launched an expansion of its "Create Your Taste" program to a new location in San Francisco. The customized burger building system that allows customers to order from a tablet-like kiosk where they can customize everything from choice of buns and cheese to toppings and sauces.

  • CST Brands acquires OneStop, moves stores to partnership

    San Antonio, Texas — CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has acquired the Charleston, West Virginia-based One Stop convenience store network. CST is also moving 29 recently constructed stores into its wholly-owned CrossAmerica partnership via two “dropdown” transactions.

  • Toys 'R' Us names former Domino’s Pizza exec as new CEO

    Wayne, N.J. -- Toys "R" Us on Tuesday named David A. Brandon, 63, the former chief executive of Domino’s Pizza, as its new chairman and CEO, effective July 1, 2015. He will succeed company veteran Antonio Urcelay, who was named CEO in November 2013, who is retiring from the retailer.

  • Arby’s on track for 15% energy reduction by end of 2015

    Atlanta -- Arby’s Restaurant Group, franchisor of the Arby’s brand, announced that it has reached an 11%  total energy reduction per company-owned restaurant since 2011, paving the way to a goal of 15% energy reduction by the end of 2015. This follows a 2014 reported reduction of 3.3% in average year-over-year energy consumption per company-owned restaurant.

  • Krispy Kreme plans Africa entry with 31 new stores in South Africa

    Winston-Salem, N.C. - Krispy Kreme (will open 31 stores in South Africa during the next five years. The coffee retailer has signed a development agreement with KK Doughnuts SA (Pty) Ltd, that will mark its first venture into Africa.

    Krispy Kreme has more than 1,000 stores in 24 countries.

  • Panera names Darden COO as president; McDonald’s veteran as VP

    St. Louis – Panera Bread Co. has named Drew Madsen president, effective May 11. He will report to Ron Shaich, chairman and CEO, and oversee the core café business, while Shaich focuses on strategy, growth initiatives and innovation across the company.

    Madsen served as president and COO of Darden Restaurants Inc. He also previously served as president of Darden's Olive Garden chain and was Olive Garden's executive VP of marketing prior to that.

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