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McDonald’s Announces Changes to Board of Directors

CHICAGO, March 19, 2024 – McDonald’s Corporation (NYSE: MCD) today announced the retirement of Enrique “Rick” Hernandez, Jr. as non-executive Chairman of the company’s Board of Directors, effective as of the date of the Company’s 2024 Annual Shareholders’ Meeting. Following Rick’s retirement, Chris Kempczinski will assume the combined role of Chief Executive Officer and Chairman […]

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It’s Showtime: MGM Collection with Marriott Bonvoy Debuts in Grand Style

MGM Collection with Marriott Bonvoy, the brand created by two hospitality powerhouses, MGM Resorts International and Marriott International, opens up a world beyond the ordinary. Now accepting reservations for 16 iconic hotel and resort destinations on Marriott.com and the Marriott Bonvoy app, MGM Collection with Marriott Bonvoy offers an all-access pass to the world’s largest […]

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Building Inclusive Spaces: Starbucks Announces New Accessibility Guidelines for its U.S. Store Portfolio

Seattle — Starbucks Coffee Company (NASDAQ: SBUX) announced that it is creating a more accessible store experience across its U.S. store portfolio through an Inclusive Spaces Framework. Building on the company’s commitment to inclusion, the new design framework defines how Starbucks will help expand independence, choice and ease for all people across physical and digital […]

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Yum! Brands, University of Louisville Launch ‘Accelerating Growth’ Executive Education Programs to Train Next Generation of Senior Franchise Leaders

Louisville, KY, February 13, 2024 – Yum! Brands, Inc. (NYSE: YUM) and the University of Louisville today announced the launch of new “Accelerating Growth” executive education programs at the Yum! Center for Global Franchise Excellence. The new programs will focus on equipping operations leaders to take on senior management roles in franchise organizations, an area […]

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Starbucks Corporation Issues Statement in Response to SOC Nomination

SEATTLE – Starbucks Corporation (Nasdaq: SBUX) confirmed that it has received a notice of nomination by Strategic Organizing Center (SOC) Investment Group of three director candidates for election to the Starbucks Board of Directors at its 2024 Annual Meeting of Shareholders. The Company issued the following statement: The Starbucks Board and executive leadership team regularly […]

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Glovo and McDonald’s Join Forces with New Global Strategic Partnership for Improved Customer Experience

McDonald’s and Glovo have agreed to a new, long-term global strategic partnership that will evolve their existing agreement to provide consumers and McDonald’s franchisees with the convenience and value of McDelivery through the Glovo platform across the world. The partnership will strengthen the companies’ relationship in Glovo’s core markets, increasing choice and selection on the […]

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Wynn Resorts Highlights Accomplishments in Sustainability and Community Impact with Release of 2022 Environmental, Social and Governance Report

LAS VEGAS, — Wynn Resorts has released its latest Environmental, Social and Governance (ESG) Report, outlining the Company’s 2022 responsibility programs. The report showcases ongoing initiatives including an expanding Diversity and Inclusion program, local philanthropic efforts, and new benchmarks in renewable energy. “While there are many achievements outlined in this year’s ESG report, the thing […]

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AHLA and SBA Secure PPP for Hotel Industry

WASHINGTON – American hotels will benefit from an important update to the Paycheck Protection Program (PPP). Following months of collaboration with the American Hotel & Lodging Association and hotel owners across the country, the Small Business Administration (SBA) issued new PPP eligibility guidelines today. The update clarifies that hotel owners who utilized third-party management companies […]

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Starbucks verifies 3,500 Greener Stores globally

SEATTLE – Starbucks has certified its 3,508 Greener Stores globally, expanding the program to 20 markets, with many first-in-market Greener Stores across Asia Pacific, Europe, the Middle East and Africa, and Latin America and the Caribbean. Greener Stores are just one example of how Starbucks is working to reduce its environmental impact and build a […]

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Food Inflation Greater at Home than at Restaurants, MUFG says

NEW YORK, June 15, 2022 — Consumers who purchase food for in-home consumption have generally experienced higher price increases relative to what they pay for menu items at quick-service and fast-casual restaurants—a trend that makes restaurants more comparatively appealing, according to Nick Cole, Head of Restaurant Finance at Mitsubishi UFJ Financial Group (MUFG). This is […]

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