Papa John’s founder files lawsuit against ad agency; his wife files for divorce, saying marriage is ‘broken’

After leaving Papa John’s, Schnatter filed several lawsuits against the pizza chain before settling. The lawsuit filed Thursday alleges that Laundry Service recorded the May conference call with Schnatter without his knowledge. A dispute allegedly arose with the ad firm in June 2018 over whether Papa John’s owed Laundry Service payment for work as the company’s media buyer. The lawsuit claims that Laundry Service leaked excerpts of the conference call to Forbes, breaching the advertising firm’s


After leaving Papa John’s, Schnatter filed several lawsuits against the pizza chain before settling.
The lawsuit filed Thursday alleges that Laundry Service recorded the May conference call with Schnatter without his knowledge.
A dispute allegedly arose with the ad firm in June 2018 over whether Papa John’s owed Laundry Service payment for work as the company’s media buyer.
The lawsuit claims that Laundry Service leaked excerpts of the conference call to Forbes, breaching the advertising firm’s
Papa John’s founder files lawsuit against ad agency; his wife files for divorce, saying marriage is ‘broken’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: amelia lucas kate rogers, amelia lucas, kate rogers
Keywords: news, cnbc, companies, used, conference, wasserman, laundry, filed, schnatter, papa, marriage, founder, service, broken, divorce, saying, lawsuit, johns, files, wife


Papa John's founder files lawsuit against ad agency; his wife files for divorce, saying marriage is 'broken'

Papa John’s founder John Schnatter has filed a lawsuit against an advertising firm and its parent company related to the events that led to him being ousted as chairman.

In July 2018, Schnatter stepped down after Forbes reported that he used a racial slur on a May conference call with Laundry Service, an advertising agency that Papa John’s was working with at the time. After leaving Papa John’s, Schnatter filed several lawsuits against the pizza chain before settling. Since then, he has been selling off his stake in the company.

The lawsuit filed Thursday alleges that Laundry Service recorded the May conference call with Schnatter without his knowledge. A dispute allegedly arose with the ad firm in June 2018 over whether Papa John’s owed Laundry Service payment for work as the company’s media buyer. The lawsuit claims that Casey Wasserman, CEO of Laundry Service’s parent company Wasserman Media, then told Papa John’s then-CEO Steve Ritchie that he would “bury the founder” if the ad agency was not paid $6 million.

The lawsuit claims that Laundry Service leaked excerpts of the conference call to Forbes, breaching the advertising firm’s nondisclosure agreement with Papa John’s.

“The facts will show that my words were taken out of context and used to manufacture a scandal against me based on a completely false narrative,” Schnatter said in a statement.

His lawyer, Terence Healy, said Schnatter’s team has a copy of the conference call tape.

“Fortunately the call was taped. We encourage people to read the complaint. Look at what John actually said,” Healy said in an email to CNBC.

Laundry Service and Wasserman Media did not respond to requests for comment.

Schnatter is seeking unspecified damages. All net proceeds from the lawsuit will go to charity, according to Schnatter.

Last week, Schnatter said in an interview with Fox affiliate WDRB in Louisville, Kentucky, that “the day of reckoning will come.”

He also claimed that Papa John’s pizza tasted different than it used to, claiming he had eaten more than 40 pizzas in 30 days. Papa John’s current CEO, Rob Lynch, on Wednesday said the recipe for the pizza had not been changed.

Separately, Schnatter’s wife filed for divorce on Thursday under her maiden name, M. Annette Cox. She called the couple’s marriage “irretrievably broken” in her petition for divorce.

The couple has been married for 32 years and separated in April, according to the divorce filing. The filing also pointedly noted that Schnatter is “not employed.”

— CNBC’s Betsy Spring contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: amelia lucas kate rogers, amelia lucas, kate rogers
Keywords: news, cnbc, companies, used, conference, wasserman, laundry, filed, schnatter, papa, marriage, founder, service, broken, divorce, saying, lawsuit, johns, files, wife


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Ford is making car parts—with waste from McDonald’s coffee beans

Coffee chaff, the husk of the bean that comes off during roasting, usually gets turned into garden mulch or charcoal — or thrown away. When heated and mixed with plastic and other additives, coffee chaff can be formed into pellets and then various other shapes. Ford is planning to use a chaff composite for interior car components and under the hood. The first auto component to be produced using the chaff will be headlamp housings. With help from Competitive Green Technologies, which processes th


Coffee chaff, the husk of the bean that comes off during roasting, usually gets turned into garden mulch or charcoal — or thrown away.
When heated and mixed with plastic and other additives, coffee chaff can be formed into pellets and then various other shapes.
Ford is planning to use a chaff composite for interior car components and under the hood.
The first auto component to be produced using the chaff will be headlamp housings.
With help from Competitive Green Technologies, which processes th
Ford is making car parts—with waste from McDonald’s coffee beans Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: amelia lucas
Keywords: news, cnbc, companies, housings, car, varroc, waste, mcdonalds, using, beans, headlamp, various, ford, usually, making, partswith, coffee, chaff


Ford is making car parts—with waste from McDonald's coffee beans

Coffee chaff, the husk of the bean that comes off during roasting, usually gets turned into garden mulch or charcoal — or thrown away.

But McDonald’s and Ford are taking a different approach.

When heated and mixed with plastic and other additives, coffee chaff can be formed into pellets and then various other shapes.

Ford is planning to use a chaff composite for interior car components and under the hood. As a result, the car parts will be 20% lighter — better for fuel efficiency — and provide the company with up to 25% energy savings during the molding of the parts.

The first auto component to be produced using the chaff will be headlamp housings. With help from Competitive Green Technologies, which processes the coffee chaff for Ford, and the automaker’s supplier Varroc Lighting Systems, the headlamp housings will go into production by the end of the year for the Lincoln Continental.


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: amelia lucas
Keywords: news, cnbc, companies, housings, car, varroc, waste, mcdonalds, using, beans, headlamp, various, ford, usually, making, partswith, coffee, chaff


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Papa John’s CEO says pizza recipe hasn’t changed despite founder’s claims

Papa John’s CEO Rob Lynch said Tuesday that the pizza chain has not changed its recipe, despite claims from its founder that it tastes different. Last week, founder John Schnatter said that he thinks the chain’s pizza tastes different. In the WDRB interview, he accused the company’s former CEO Steve Ritchie and other board members of stealing the company he founded. While Papa John’s says that it has not changed its recipe, it has been making some tweaks to its menu. Papa John’s stock, valued at


Papa John’s CEO Rob Lynch said Tuesday that the pizza chain has not changed its recipe, despite claims from its founder that it tastes different.
Last week, founder John Schnatter said that he thinks the chain’s pizza tastes different.
In the WDRB interview, he accused the company’s former CEO Steve Ritchie and other board members of stealing the company he founded.
While Papa John’s says that it has not changed its recipe, it has been making some tweaks to its menu.
Papa John’s stock, valued at
Papa John’s CEO says pizza recipe hasn’t changed despite founder’s claims Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: amelia lucas
Keywords: news, cnbc, companies, recipe, papa, lynch, pizza, ceo, despite, value, wdrb, claims, changed, tastes, schnatter, interview, founders, johns


Papa John's CEO says pizza recipe hasn't changed despite founder's claims

Papa John’s CEO Rob Lynch said Tuesday that the pizza chain has not changed its recipe, despite claims from its founder that it tastes different.

“We haven’t made any changes to the way we make it or what goes into our products,” Lynch said on CNBC’s “Squawk on the Street.”

Last week, founder John Schnatter said that he thinks the chain’s pizza tastes different.

“I’ve had over 40 pizzas in the last 30 days, and it’s not the same pizza, it’s not the same product,” Schnatter said in an interview with Fox affiliate WDRB in Louisville, Kentucky.

Schnatter was ousted as chairman of the company in July 2018. In the WDRB interview, he accused the company’s former CEO Steve Ritchie and other board members of stealing the company he founded. Schnatter also said to stay tuned because “the day of reckoning will come.” Social media users skewered Schnatter’s interview and his appearance after an edited clip went viral.

But Lynch, who previously led Arby’s, said that Papa John’s focus is not on Schnatter.

“We don’t really focus on that. Mr. Schnatter is entitled to his opinion. We’re focused on doing the things that are going to move the business forward,” he said.

While Papa John’s says that it has not changed its recipe, it has been making some tweaks to its menu. The pizza chain introduced its first new pizza crust flavor in 35 years — Garlic Parmesan Crust — in early November. The menu addition is just one step in the pizza chain’s plan to turn around its business, helped by an investment by activist hedge fund Starboard Value in February.

Papa John’s stock, valued at $1.9 billion, has risen 51% so far this year. Shares of Domino’s Pizza, which has a market value of $11.8 billion, are up 16% over the same time period.


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: amelia lucas
Keywords: news, cnbc, companies, recipe, papa, lynch, pizza, ceo, despite, value, wdrb, claims, changed, tastes, schnatter, interview, founders, johns


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Takata recalls 1.4 million potentially dangerous air bag inflators

Bankrupt air bag maker Takata is recalling about 1.4 million driver’s side inflators in the U.S. because they could explode and hurl shrapnel. Unlike previous recalls, the non-azide inflators do not use volatile ammonium nitrate to fill the air bags in a crash. BMW is telling owners of some older 3-Series cars not to drive them because of potentially dangerous Takata air bag inflators. The BMW recalls come after a BMW driver in Australia was killed by shrapnel hurled by a driver’s air bag. The i


Bankrupt air bag maker Takata is recalling about 1.4 million driver’s side inflators in the U.S. because they could explode and hurl shrapnel.
Unlike previous recalls, the non-azide inflators do not use volatile ammonium nitrate to fill the air bags in a crash.
BMW is telling owners of some older 3-Series cars not to drive them because of potentially dangerous Takata air bag inflators.
The BMW recalls come after a BMW driver in Australia was killed by shrapnel hurled by a driver’s air bag.
The i
Takata recalls 1.4 million potentially dangerous air bag inflators Cached Page below :
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Keywords: news, cnbc, companies, takata, bag, posted, driver, air, vehicles, dangerous, recall, 3series, potentially, bmw, recalls, documents, inflators, million


Takata recalls 1.4 million potentially dangerous air bag inflators

A file photo of a deployed airbag is seen in a 2001 Honda Accord at the LKQ Pick Your Part salvage yard on May 22, 2015 in Medley, Florida.

Bankrupt air bag maker Takata is recalling about 1.4 million driver’s side inflators in the U.S. because they could explode and hurl shrapnel. They also may not inflate properly to protect people in a crash.

The recall covers certain BMW, Volkswagen, Honda, Toyota and Mitsubishi vehicles made from 1995 to 2000.

BMW already has issued recalls, and the other automakers will follow.

Unlike previous recalls, the non-azide inflators do not use volatile ammonium nitrate to fill the air bags in a crash.

Takata says in government documents that it made about 4.5 million of the inflators worldwide but only a portion are still in use because the vehicles are so old.

BMW is telling owners of some older 3-Series cars not to drive them because of potentially dangerous Takata air bag inflators.

The German automaker recalled more than 116,000 of the cars in the U.S. as part of a larger recall of 1.4 million inflators by the bankrupt Takata.

The BMW recalls come after a BMW driver in Australia was killed by shrapnel hurled by a driver’s air bag. BMW says in documents posted by the U.S. government Wednesday that another Australian and a driver in Cyprus were injured.

The BMW recall covers certain 3-Series cars in the U.S. from the 1999 through 2001 model years. The German automaker is recommending that people not drive their vehicles until repairs are made.

The inflators were made before March 15, 1999 and were not sealed properly, according to BMW documents posted by NHTSA.

BMW said in documents posted by the U.S. National Highway Traffic Safety Administration that the driver of a 1998 3-Series car was killed. The injured Australian driver was in a 2000 3-Series, while the injured driver in Cyprus was driving a 1998 3-Series vehicle.


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: amelia lucas
Keywords: news, cnbc, companies, takata, bag, posted, driver, air, vehicles, dangerous, recall, 3series, potentially, bmw, recalls, documents, inflators, million


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Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars

Starbucks is launching its latest holiday drink on Tuesday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Last year, it added the Cold Foam Cascara Cold Brew and the Salted Cream Cold Brew. Starbucks first introduced a cold brew holiday drink, the Spiced Sweet Cream Cold Brew, in 2016. Compared with traditionally brewed coffee, cold brew usually has a less acidic taste and typically contains more caffeine


Starbucks is launching its latest holiday drink on Tuesday: the Irish Cream Cold Brew.
The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder.
Last year, it added the Cold Foam Cascara Cold Brew and the Salted Cream Cold Brew.
Starbucks first introduced a cold brew holiday drink, the Spiced Sweet Cream Cold Brew, in 2016.
Compared with traditionally brewed coffee, cold brew usually has a less acidic taste and typically contains more caffeine
Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, beverages, launches, coffee, soars, drink, brew, sales, pumpkin, iced, cold, popularity, customers, cream, holiday, starbucks


Starbucks launches holiday cold brew drink as the iced beverage's popularity soars

Starbucks is launching its latest holiday drink on Tuesday: the Irish Cream Cold Brew.

The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder.

Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas Tree Frappuccino. But since then the coffee chain has turned its focus from the heavy blended drink to lighter iced drinks that entice customers to return to cafes.

Despite dropping temperatures, cold beverages continue to be popular with Starbucks’ customers. They make up more than half of Starbucks’ U.S. sales. The company has rolled out Nitro cold brew to all of its U.S. locations and introduced new flavors of popular iced drinks such as Refreshers.

But Starbucks is also betting on flavored cold brew as the caffeinated beverage gains steam with coffee drinkers.

In August, the coffee chain introduced the Pumpkin Cream Cold Brew, its first new pumpkin coffee drink since the introduction of the pumpkin spiced latte in 2003. The popularity of its cold drinks, including the Pumpkin Cream Cold Brew, added 5 percentage points to the 6% jump in U.S. same-store sales it logged during the fourth quarter.

Last year, it added the Cold Foam Cascara Cold Brew and the Salted Cream Cold Brew. It also debuted a colorful take in Asia with the Butterfly Pea Lemonade Cold Brew.

Starbucks first introduced a cold brew holiday drink, the Spiced Sweet Cream Cold Brew, in 2016.

Compared with traditionally brewed coffee, cold brew usually has a less acidic taste and typically contains more caffeine than iced coffee. For example, Starbucks’ cold brew has 40 milligrams more caffeine than its iced coffee.

Cold brew now appears on 7.3% of U.S. menus, up 356% over the last four years, according to Datassential. Customers spent $1.7 trillion on cold brew last year, according to Technomic.

Dunkin’, Panera Bread and Dine Brands’ IHOP are among the national chains that have also jumped on the trend. Dunkin’ has even offered its own Irish Creme cold brew in the past, timed for St. Patrick’s Day.

Nearly a third of cold brew drinkers buy the beverage during lunchtime, according to Technomic. For coffee shops, that’s good news. Sales slow down after the busy morning hours, and luring customers back without relying on too many discounts can be difficult. Cold brew is also usually pricier than the average iced coffee.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, beverages, launches, coffee, soars, drink, brew, sales, pumpkin, iced, cold, popularity, customers, cream, holiday, starbucks


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Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says

Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics. Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue. Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said. Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion. Online shopping on Black Friday hit a record


Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics.
Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue.
Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said.
Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion.
Online shopping on Black Friday hit a record
Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says Cached Page below :
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Keywords: news, cnbc, companies, toys, billion, latenight, boosted, black, shoppers, spree, shopping, hit, sales, cyber, spending, adobe, spent, online, record


Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says

A U.S. Postal Service (U.S.P.S.) worker unpacks packages from a truck on December 02, 2019 in San Francisco, California. Cyber Monday shoppers are on track to spend a record $9.4 billion on online purchases, a nearly 19 percent jump from one year ago, following strong Black Friday sales purchases of $7.2 billion.

Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics.

Adobe, which monitors the online transactions of 80 of the top 100 web retailers in the United States, was initially predicting that Cyber Monday online sales would hit $9.4 billion but preliminary results suggested that sales fell short of estimates.

But the numbers got a boost from late night shoppers. Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue.

In addition to buying more items, Cyber Monday shoppers were also buying pricier products. Adobe found that the average consumer’s online shopping cart was 6% bigger at checkout than last year.

Top-selling products included Frozen 2 toys, L.O.L. Surprise dolls, the Nintendo Switch, Samsung TVs and Apple laptops.

Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said. Smaller retailers with less than $50 million in yearly sales also benefited from the shopping holiday, seeing a 337% increase.

E-commerce giant Amazon did not release any data about its Cyber Monday sales but said that the top categories sold on its site were toys, home, fashion and health and personal care. Top toys sold between Black Friday and Cyber Monday on Amazon included Monopoly Game: Disney Frozen 2 Edition and Lego Star Wars Darth Vader’s Castle.

Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion. So far, shoppers have spent $81.5 billion online between Nov. 1 and Dec. 2, according to Adobe.

Online shopping on Black Friday hit a record of $5.4 billion, up 22.3% from a year ago, Adobe said. But both Thanksgiving and Black Friday online sales fell short of Adobe’s initial estimates.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, toys, billion, latenight, boosted, black, shoppers, spree, shopping, hit, sales, cyber, spending, adobe, spent, online, record


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Holiday season off to a solid start as 190 million people shop Thanksgiving weekend

Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation said Tuesday. In October, the NRF released its initial forecast, predicting that holiday retail sales in November and December will grow between 3.8% and 4.2% from a year ago. But as consumers shop more online, brick-and-mortar


Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York.
The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation said Tuesday.
In October, the NRF released its initial forecast, predicting that holiday retail sales in November and December will grow between 3.8% and 4.2% from a year ago.
But as consumers shop more online, brick-and-mortar
Holiday season off to a solid start as 190 million people shop Thanksgiving weekend Cached Page below :
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Holiday season off to a solid start as 190 million people shop Thanksgiving weekend

Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York.

The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation said Tuesday.

The retail trade group said that’s up 14% from the same period a year ago. On average, those shoppers spent $361.90, up 16% from last year.

In October, the NRF released its initial forecast, predicting that holiday retail sales in November and December will grow between 3.8% and 4.2% from a year ago. The retail group did not revise its forecast on Tuesday.

Last year, holiday sales, excluding automobile dealers, gasoline stations and restaurants, totaled $701.2 billion after tariffs, market volatility and other factors took a toll on sales.

The NRF, which has lobbied against tariffs, said the trade war did not hurt spending over the holiday weekend, but it estimates consumers have paid $40 billion due to increased prices stemming from tariffs already in place. President Donald Trump has threatened to impose tariffs on more Chinese goods Dec. 15 if a deal is not reached.

Half of consumers shopped at department stores, and 49% bought goods online, the NRF said. Clothing, toys and electronics were among the most popular products.

On Cyber Monday alone shoppers spent a record $9.4 billion online, according to data released by Adobe Analytics on Tuesday.

But as consumers shop more online, brick-and-mortar retailers may be having a more difficult holiday season. Shoppertrak data found that sales for brick-and-mortar stores dropped 6.2% on Black Friday. Still, the NRF found that more than 124 million consumers shopped in stores during the holiday weekend.

Consumers are also starting their shopping earlier than the typical holiday season. More than half had already started buying gifts by the beginning of November, according to the NRF.

By the end of the holiday weekend, 86% of consumers had begun their holiday shopping, up from 77% a year ago. Thanksgiving fell on Nov. 28 this year, the latest since 2013.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, weekend, shop, shoppers, tariffs, consumers, nrf, start, shopping, sales, retail, 190, thanksgiving, holiday, stores, season, solid, million


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McDonald’s is testing a chicken sandwich

McDonald’s is entering the chicken sandwich wars. The chain is testing a Crispy Chicken Sandwich in Houston and Knoxville, Tennessee. McDonald’s franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A’s threat to their business grows. But the Chicago-based chain has not tested anything similar to Chick-fil-A’s chicken sandwich since 2018, when it tested the Ultimate Chicken Sandwich in more than 160 locations in Washington state. Chick-fil-A’s chicken sandwich has helped the


McDonald’s is entering the chicken sandwich wars.
The chain is testing a Crispy Chicken Sandwich in Houston and Knoxville, Tennessee.
McDonald’s franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A’s threat to their business grows.
But the Chicago-based chain has not tested anything similar to Chick-fil-A’s chicken sandwich since 2018, when it tested the Ultimate Chicken Sandwich in more than 160 locations in Washington state.
Chick-fil-A’s chicken sandwich has helped the
McDonald’s is testing a chicken sandwich Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: amelia lucas
Keywords: news, cnbc, companies, sales, little, chicken, tested, chain, testing, restaurants, locations, mcdonalds, sandwich, restaurant


McDonald's is testing a chicken sandwich

McDonald’s is entering the chicken sandwich wars.

The chain is testing a Crispy Chicken Sandwich in Houston and Knoxville, Tennessee. The sandwich features a fried chicken filet served on a buttery potato roll, topped with butter and pickles. A deluxe version also includes tomatoes, lettuce and mayo.

The chain on Sunday teased the test, which will run from Dec. 2 through Jan. 26, according to a McDonald’s spokesperson.

“Houston. Knoxville. Lunch tomorrow? No beef,” the fast-food giant tweeted.

McDonald’s franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A’s threat to their business grows. The board of the National Owners Association, an independent franchisee group, wrote in an email in July that a chicken sandwich should be their top priority.

McDonald’s carries Chicken McNuggets and the McChicken sandwich. This fall, it debuted the Spicy BBQ Chicken Sandwich, a limited-time offer that launched to little fanfare. But the Chicago-based chain has not tested anything similar to Chick-fil-A’s chicken sandwich since 2018, when it tested the Ultimate Chicken Sandwich in more than 160 locations in Washington state.

Popeyes Louisiana Kitchen, which is owned by Restaurant Brands International, has seen great success with its own take on the chicken sandwich. After selling out of the new item in a little more than two weeks in August, the sandwich returned in early November. Thanks to the launch of the sandwich, Popeyes had its best quarter in nearly two decades, reporting U.S. same-store sales growth of more than 10%.

Chick-fil-A’s chicken sandwich has helped the chain become the nation’s third-largest restaurant chain by sales, trailing only McDonald’s and Starbucks. McDonald’s has roughly 14,000 restaurants in the U.S., while Chick-fil-A operated 1,989 stand-alone restaurants and 363 “licensed units,” which are the nontraditional stadium, amusement park and university locations, by the end of 2018.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: amelia lucas
Keywords: news, cnbc, companies, sales, little, chicken, tested, chain, testing, restaurants, locations, mcdonalds, sandwich, restaurant


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A french fry shortage could be coming after weak potato harvest

A shortage of french fries could be coming, Bloomberg reported Monday. That means smaller spuds and pressure on supplies for french fry processors, according to Bloomberg. French fry makers tend to use longer potatoes. The United Potato Growers of Canada forecasts that about 18% of Manitoba’s planted area was left unharvested, according to Bloomberg. In Canada, a rise in the country’s capacity to process french fries has lifted demand for the deep-fried favorite.


A shortage of french fries could be coming, Bloomberg reported Monday.
That means smaller spuds and pressure on supplies for french fry processors, according to Bloomberg.
French fry makers tend to use longer potatoes.
The United Potato Growers of Canada forecasts that about 18% of Manitoba’s planted area was left unharvested, according to Bloomberg.
In Canada, a rise in the country’s capacity to process french fries has lifted demand for the deep-fried favorite.
A french fry shortage could be coming after weak potato harvest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: amelia lucas
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A french fry shortage could be coming after weak potato harvest

A shortage of french fries could be coming, Bloomberg reported Monday.

Cold weather and the impact of Hurricane Dorian have damaged potato crops in the United States and Canada. That means smaller spuds and pressure on supplies for french fry processors, according to Bloomberg. French fry makers tend to use longer potatoes.

The U.S. Department of Agriculture is estimating that domestic potato output will drop 6.1% this year, its lowest level since 2010. Idaho, the nation’s top potato producer, is expected to see its harvest fall 5.5%.

The United Potato Growers of Canada forecasts that about 18% of Manitoba’s planted area was left unharvested, according to Bloomberg. The province is the country’s second-largest potato grower.

In Canada, a rise in the country’s capacity to process french fries has lifted demand for the deep-fried favorite.

Read more about the potential shortage here.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: amelia lucas
Keywords: news, cnbc, companies, shortage, harvest, canada, according, potato, weak, united, countrys, bloomberg, french, fries, fry, coming


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Papa John’s founder says the chain’s pizza tastes different after eating more than 40 in 30 days

Papa John’s founder John Schnatter thinks that the pizza chain has changed its recipe. After he built the company on “better ingredients, better pizza,” Papa John’s ousted Schnatter as chairman in July 2018, leading him to file several lawsuits against the company. He dismissed his claims as part of a settlement with Papa John’s and has been selling off his stake in the chain. Shares of Papa John’s were trading down less than 1% Tuesday morning. Closing out the interview, Schnatter said to stay


Papa John’s founder John Schnatter thinks that the pizza chain has changed its recipe.
After he built the company on “better ingredients, better pizza,” Papa John’s ousted Schnatter as chairman in July 2018, leading him to file several lawsuits against the company.
He dismissed his claims as part of a settlement with Papa John’s and has been selling off his stake in the chain.
Shares of Papa John’s were trading down less than 1% Tuesday morning.
Closing out the interview, Schnatter said to stay
Papa John’s founder says the chain’s pizza tastes different after eating more than 40 in 30 days Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: amelia lucas
Keywords: news, cnbc, companies, eating, schnatter, company, pizza, schnatters, doesnt, founder, ceo, papa, different, passion, days, tastes, chains, johns, interview


Papa John's founder says the chain's pizza tastes different after eating more than 40 in 30 days

Papa John’s founder John Schnatter thinks that the pizza chain has changed its recipe.

“I’ve had over 40 pizzas in the last 30 days, and it’s not the same pizza, it’s not the same product,” Schnatter said in an interview with WDRB, a Louisville, Kentucky Fox affiliate.

The interview was Schnatter’s first in more than a year. After he built the company on “better ingredients, better pizza,” Papa John’s ousted Schnatter as chairman in July 2018, leading him to file several lawsuits against the company. He dismissed his claims as part of a settlement with Papa John’s and has been selling off his stake in the chain.

Schnatter’s resignation had followed his use of a racially charged word on a conference call in May 2018.

In the interview, Schnatter said that former CEO Steve Ritchie, who resigned from Papa John’s in August, and the board of directors used the incident to “steal the company.”

The embattled pizza chain is trying to turn around its image and its business, helped by an investment by activist hedge fund Starboard Value in February. As part of the deal, Starboard’s CEO Jeff Smith became chairman of the pizza chain’s board. The company appointed Rob Lynch, the former president of Arby’s, as CEO earlier this year.

“He doesn’t really have a passion for quality, and probably most important — he doesn’t have a passion for people,” Schnatter said.

Shares of Papa John’s were trading down less than 1% Tuesday morning. The stock is up 55% so far this year. The company did not immediately respond to a request for comment.

Social media users weighed in after an edited clip of the interview went viral. One called the interview “wild” and asked when it would be turned into a movie.

Another questioned Schnatter’s physical appearance, asking why he looked “wet.”

Closing out the interview, Schnatter said to stay tuned.

“The day of reckoning will come,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: amelia lucas
Keywords: news, cnbc, companies, eating, schnatter, company, pizza, schnatters, doesnt, founder, ceo, papa, different, passion, days, tastes, chains, johns, interview


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