The European food delivery company entered into a definitive agreement to acquire 100% of the shares of Grubhub in an all-stock transaction. Combined, the two companies will create the largest online food delivery service outside of China, measured by gross merchandise value and revenues. The announcement comes after several weeks of negotiations between Uber and… read more
Starbucks Corp. announced plans to accelerate the transformation of its store portfolio in the United States through the integration of the physical and digital customer experience. Over the next 18 months, Starbucks will increase convenience-led formats in company-operated locations with drive-thru and curbside pickup options, as well as new Pickup-only locations. The store experiences will… read more
McDonald’s Corp. announced the promotion of Alistair Macrow to senior vice president, chief marketing officer, in charge of global menu strategy, global brand, global insights, family, and global marketing enablement at the company. Mr. Macrow assumes these responsibilities from Colin Mitchell, senior vice president, global marketing. Mr. Mitchell is leaving the company “… in search… read more
Libbey, a glass tableware maker, joined the parade of retail-related companies filing for Chapter 11 bankruptcy amid the coronavirus pandemic. “While we entered 2020 with positive momentum from our strong finish in 2019, the dramatic and prolonged impact of Covid-19 on the demand for our products and on our business is truly unprecedented in Libbey’s… read more
Employee Retention Credit is designed to help small businesses who have been severely affected by the coronavirus pandemic to keep employees on their payroll. Employee Retention Credit (ERC) was passed as part of the CARES Act back at the start of April. It is one of two new employer tax credits (the other being Credit for Sick… read more
By Gary Burnison – CNBC In my 20-plus years of hiring and recruiting, I’ve always started off my job interviews with a simple question: “Tell me about yourself.” Many people see this as one of the “toughest” or “trickiest” interview questions. Still, it’s been a popular go-to for hiring managers because it tells them a lot about a candidate’s professional… read more
To Our Valued Subscribers: Well, here we are in June. Was it just me, or was this years Memorial Day unlike any other? On behalf of myself and all of us at American Recruiters we want to THANK and REMEMBER all those (and their families) that have made the ultimate sacrifice to allow us the… read more
As restaurants tiptoe towards reopening, it’s clear that it will be a very different dining experience in the aftermath of the pandemic. The intimate, cheek-to-cheek conviviality of the 30-seat neighborhood joint, assuming that it is one of the fortunate few that reopens, may be a fond memory rather than a reality. Larger chain restaurants with… read more
As restaurants reopen across the country, operators are tempting consumers with new menu items and limited time offers. Some chains did release LTOs during the quarantine, but most of those products were in the pipeline before the spread of COVID-19. Now that chefs and menu developers are back in the kitchen, the pace of launches… read more
The news means every drive-through restaurant in the UK and Ireland will reopen between Tuesday and Thursday next week. Customers face a £25 cap on their orders, while each franchise has been asked to make sure its staff are fit and able to work. A McDonald’s spokesperson said: “We can today announce that by 4th June,… read more