USA

Industry analysts note that logistical complexities, supply chain expenses, and fluctuating demand patterns posed significant challenges for both brands, particularly as they attempted to scale the offering beyond initial test markets.

QDOBA’s expansion is supported by a flexible franchise model that appeals to both experienced operators and new entrepreneurs.

In her new role, she will oversee technology strategy and execution for nearly 14,000 McDonald’s restaurants across the United States, leveraging her global expertise to accelerate innovation and enhance both customer and crew experiences.

The US$500 million secured notes, due in 2032, will be guaranteed by subsidiaries of Sizzling Platter and offered primarily to qualified institutional buyers under applicable securities regulations.

The agreement, finalized in June 2025, comes just weeks before a federal trial was set to begin on July 15 in Los Angeles, averting what could have been a lengthy and highly publicized legal battle.

Central to this growth is the ongoing implementation of Wendy’s “Global Next Gen” restaurant concept.

The AI assistant delivers instant, conversational replies, allowing staff to quickly access the information they need during their shifts without having to search through manuals or internal networks.

The funding round attracted participation from returning investors including Sam and Max Altman, Pelion Venture Partners, Outlander, and SNR, alongside new investors such as Offline Ventures, DeepWater, and Ryan Graves, CEO of Saltwater and former Uber senior vice president.

The sale of its remaining interest in Insomnia Cookies allows Krispy Kreme to reduce its leverage and strengthen its balance sheet, providing greater flexibility to invest in new stores, digital innovation, and international franchise partnerships.

Despite the change in ownership, Dave’s Hot Chicken’s leadership team, including CEO Bill Phelps and the original founders, will remain in place to drive menu innovation, oversee operations, and manage marketing efforts.