January 2, 2024 
TABLE OF CONTENTS
Yum! Brands News
Nation’s Restaurant News: KFC adds Honey BBQ and Spicy Mac & Cheese to its wraps lineup
Brand Eating: KFC testing new $20 KFC Classics Dinner
IOL: KFC raises over R16 million for Gift of the Givers
Moody on the Market: Michigan Pizza Hut President family mourns the passing of longtime-President Craig Erikson
Brand Eating: Taco Bell testing a $3 Steak Soft Taco
PEOPLE: Inside a bride’s Las Vegas Taco Bell Cantina wedding: ‘We were just envisioning a fun, memorable day’
The Street: Taco Bell's new menu item follows McDonald's lead
The Street: Taco Bell adds a new snack chip collaboration menu item
The Daily Meal: The 16 best burger chains in the U.S.
Folsom Times: The Habit Burger to open second location in Folsom Ranch
Yum!Now News
Stay in the loop on all the happenings at Yum!
Competitor Intelligence
CNBC: ‘We lost the meaning of ’I’m loving it,″ says McDonald’s CMO: How the brand tapped into nostalgia to become cool again
CNN: McDonald’s is bringing Squishmallows to Happy Meals
Bloomberg: McDonald’s seeks tighter child-labor compliance by franchisees
Restaurant Business: In-N-Out expands menu with two new options
PEOPLE: Brooklyn Nets player Mikal Bridges says he’s eaten Chipotle every day for the last 10 years: ‘It’s too fire’
Chew Boom: McDonald’s launches new Hot Honey McCrispy and new Bacon Hot Honey McCrispy in Canada
Brand Eating: Double Bonus Jack returns to Jack in the Box
Brand Eating: El Pollo Loco brings back Double Pollo Fit Bowls
Industry Trends
Yahoo! Finance: Beyond Meat founder and CEO: The arc of history is on our side
Restaurant Dive: Chuck E. Cheese’s parent company reportedly seeking sale
Nation's Restaurant News: Report: Tropical Smoothie Cafe is exploring a sale
Restaurant Dive: Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike
QSR Magazine: Pizza Factory reflects on momentous 2023
QSR Magazine: Round Table Pizza donates $100K to Maui United Way
Policy & Regulatory News
The Hill: Graham on NY bill to keep Chick-fil-A open Sundays: ‘You’re in for one hell of a fight’
Business Insider: People in California are getting more sick leave and can't be fired for using marijuana outside work
CBS News: Judge orders Starbucks to rehire, give back pay to fired Colorado union leader; Starbucks to appeal
Restaurant Technology
The Messenger: Burger King’s mobile app offers discounts based on how hungover you look
Freethink: AI robots are making burgers and fries at this new restaurant
 
Yum! Brands News
Nation’s Restaurant News: KFC adds Honey BBQ and Spicy Mac & Cheese to its wraps lineup
KFC U.S. has expanded its menu with limited-time Honey BBQ and Spicy Mac & Cheese wraps, joining the two-for-$5 deal. The offerings, part of KFC’s strategy to attract younger consumers, include the Spicy Mac & Cheese Chicken Wrap and Honey BBQ Chicken Wrap, featuring Extra Crispy Tenders, flavorful sauces and crunchy pickles. The wraps, launched in 2023, have boosted sales and attracted a younger demographic.
 
Brand Eating: KFC testing new $20 KFC Classics Dinner
KFC U.S. is testing a new $20 KFC Classics Dinner in select Texas locations, featuring six pieces of fried chicken, Mashed Potatoes with Gravy, a Pot Pie and four biscuits, including the option for Grilled chicken. The Classics Dinner aims to attract customers with a variety of KFC favorites, presenting an alternative family meal option in the Houston and San Antonio areas during this limited-time test.
 
IOL: KFC raises over R16 million for Gift of the Givers
KFC South Africa announced a successful fundraising initiative, revealing that customers have contributed R 8,116,398 in December, with KFC matching the amount. The total of R 16,232,796 will be donated to Gift of the Givers, emphasizing the partnership’s goal to extend hunger relief efforts and showcase the impact of collective contributions. KFC highlights the significance of even small donations, urging continued support in the last week of the initiative to make a meaningful difference in addressing hunger and malnutrition during the festive season.
 
Moody on the Market: Michigan Pizza Hut President family mourns the passing of longtime-President Craig Erikson
Michigan Pizza Hut franchisee Craig Erikson passed away this week. Erikson was a “lifer” with Pizza Hut, having worked in the kitchen at a Pizza Hut in Bloomington, Illinois in the late 1960s. At one point during Erikson’s tenure, MPH owned approximately 80 Pizza Hut stores. Part-owner Chad White paid tribute, noting, “Craig’s Passion for the company and his commitment to excellence were evident throughout his career and left a permanent mark on the organization.”
 
Brand Eating: Taco Bell testing a $3 Steak Soft Taco
Taco Bell is testing a new addition to its Cravings Value Menu, the $3 Steak Soft Taco, at select locations in Bakersfield, CA, and Phoenix, AZ. The limited-time item includes marinated grilled steak, lettuce, tomatoes, cheddar cheese and Avocado Ranch sauce in a warm flour tortilla. Alongside this, the menu features other value-priced items such as the $2 Double Stacked Taco with seasoned beef, lettuce, Fiesta strips and cheddar cheese in a flour tortilla with nacho cheese sauce.
 
PEOPLE: Inside a bride’s Las Vegas Taco Bell Cantina wedding: ‘We were just envisioning a fun, memorable day’
PEOPLE highlighted the experience of Christina Ortiz and her husband, Yazen, who chose the Taco Bell Cantina in Las Vegas as the venue for their wedding. The couple, who initially planned a more formal wedding, opted for the Taco Bell wedding package at a cost of $777. Ortiz, a food blogger, found the idea appealing, and the couple exchanged Taco Bell-themed vows filled with puns. The ceremony included a Baja Blast toast, a cake with Cinnabon Delights and a Taco Bell sauce packet bouquet. Ortiz describes the unconventional wedding as perfect for them.
 
The Street: Taco Bell's new menu item follows McDonald's lead
Taco Bell has continued its tradition of menu innovation with the introduction of the 3-Cheese Chicken Flatbread Melt. This item features grilled white-meat chicken, Creamy Chipotle sauce and a blend of cheddar, mozzarella and Monterey pepper jack, folded in a warm flatbread. Priced at $2.29, the item is set to appear on menus starting January 9. Yum! Brands CEO David Gibbs highlighted Taco Bell’s success formula, emphasizing the expansion of chicken offerings and plans for a Cantina menu in 2024.
 
The Street: Taco Bell adds a new snack chip collaboration menu item
Taco Bell Costa Rica has introduced a Takis Burrito in partnership with Barcel USA, offering rolled tortilla chips inside the burrito with a salsa cheese dipping sauce. With Taco Bell’s international growth, the Takis Burrito might be a candidate for introduction in the U.S., following the trend of global innovations.
 
The Daily Meal: The 16 best burger chains in the U.S.
The Daily Meal included The Habit Burger in its list of the best burger chains in the U.S., highlighting the tempura green beans as a popular item. “Lightly battered and fried to a crispy golden brown, Habit’s tempura green beans are served with a creamy side of ranch dressing as a zesty dipping sauce. While green beans aren’t something that most of us typically associate with burger culture, Habit proves that thinking outside of the box can be triumphant.”
 
Folsom Times: The Habit Burger to open second location in Folsom Ranch
The Habit Burger is set to join The Shops at Folsom Ranch, marking its second location in Folsom, California. The popular burger chain, known for its fresh-made char-grilled burgers, offers a diverse menu that includes beef burgers, portabella mushroom burgers, impossible burgers, salads, chicken sandwiches, frozen treats and family bundles. The Habit’s new location will be in a standalone building spanning 2,800 square feet at the southern end of The Shops at Folsom Ranch.
 
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Competitor Intelligence
CNBC: ‘We lost the meaning of ’I’m loving it,″ says McDonald’s CMO: How the brand tapped into nostalgia to become cool again
CNBC highlighted how McDonald’s has reinvigorated its brand and cultural relevance through high-profile collaborations with artists and streetwear brands. Chief Marketing and Customer Experience Officer Tariq Hassan emphasized the need to reconnect with younger fans and undertook a nationwide listening tour to understand customer preferences. The favorite orders campaign, highlighting celebrities’ go-to McDonald’s meals, and limited-edition collaborations with artists and streetwear brands like Cactus Plant Flea Market and PALACE, have contributed to the cultural shift.
CNN: McDonald’s is bringing Squishmallows to Happy Meals
McDonald’s recently introduced the Squishmallows Happy Meal, which contains a miniature-sized version of the plush toy. The Squishmallow Happy Meal was previously available in some global locations, including the U.K. and Ireland, but this is the first time the promotion is being sold in America. Customers will have the chance to collect 12 characters and each Squishmallow comes with a QR code that’s linked to a unique playlist.
Bloomberg: McDonald’s seeks tighter child-labor compliance by franchisees
McDonald’s plans to survey its franchisees in the U.S.  about their child-labor practices after some of its franchisees were fined in 2023. The company said the goal is to “help determine additional trainings or other resources that may be useful to them in the future. McDonald’s didn’t offer more details on the surveys or elaborate on further plans beyond saying the company “will continue to partner with our franchisees on this important work.” 
Restaurant Business: In-N-Out expands menu with two new options
In-N-Out has added Lite Pink Lemonade and Cherry Coke to its menus. It is the first new menu additions since 2018, when it introduced hot cocoa. The lemonade is made with real lemon juice and sweetened with stevia leaves and monk fruit.
PEOPLE: Brooklyn Nets player Mikal Bridges says he’s eaten Chipotle every day for the last 10 years: ‘It’s too fire’
Brooklyn Nets basketball player Mikal Bridges expressed his love for Chipotle in a GQ Sports interview, revealing that he has been eating Chipotle every day for about a decade. Bridges shared his go-to order: a bowl with white rice, no beans, double chicken, medium and mild salsa, corn and lettuce. He also mentioned that he used to get the hot salsa, but it was too spicy, leading to a humorous discussion about the salsa’s heat level. Chipotle acknowledged Bridges’ dedication, and the player’s love for the Mexican grill became a topic of social media discussion.
Chew Boom: McDonald’s launches new Hot Honey McCrispy and new Bacon Hot Honey McCrispy in Canada
McDonald’s Canada has expanded its chicken sandwich menu with the debut of the new Hot Honey McCrispy alongside the new Bacon Hot Honey McCrispy. The Hot Honey McCrispy features a crispy, seasoned chicken patty, sweet spicy hot honey sauce, mayo-style sauce, shredded lettuce and crispy jalapenos, on a soft potato bun. The Bacon Hot Honey McCrispy includes a seasoned chicken patty, sweet spicy hot honey sauce, mayo-style sauce, hickory-smoked bacon, shredded lettuce and crispy jalapenos, on a soft potato bun.
Brand Eating: Double Bonus Jack returns to Jack in the Box
Jack in the Box has brought back the “Double Bonus Jack” for a limited time at participating locations nationwide. Priced at $3.99, the Double Bonus Jack features two beef patties, two slices of American cheese, shredded lettuce, pickles and Secret Sauce, all served on a toasted buttery bakery bun. This offering is a play on McDonald’s Big Mac. In the past, Jack in the Box has experimented with different variations of the Bonus Jack.
Brand Eating: El Pollo Loco brings back Double Pollo Fit Bowls
El Pollo Loco is reintroducing the Double Pollo Fit Bowls, targeting those with health-focused New Year’s resolutions. Available at participating locations, the Classic Double Pollo Fit Bowl features flame-grilled chicken, avocado, lettuce, super greens, red cabbage, carrots, queso fresco, salsa fresca and pepitas, with Creamy Cilantro dressing on the side. The Street Corn Double Pollo Fit Bowl includes flame-grilled chicken, avocado, lettuce, super greens, corn, chili lime seasoning and queso fresco, with Creamy Cilantro dressing.
 
Industry Trends
Yahoo! Finance: Beyond Meat founder and CEO: The arc of history is on our side
Beyond Meat’s CEO and founder, Ethan Brown, noted that he remains optimistic about the plant-based company’s future despite its stock struggles. Beyond Meat went public in 2019 with a successful IPO. However, the COVID-19 pandemic impacted its momentum, and the company faced challenges from traditional meat industry players. Despite setbacks, Brown noted he is focused on long-term goals, including sustainability, health benefits and addressing climate concerns. The company has recently opened a new headquarters with a state-of-the-art test kitchen, emphasizing innovation and product development.
Restaurant Dive: Chuck E. Cheese’s parent company reportedly seeking sale
CEC Entertainment, parent company of Chuck E. Cheese and Peter Piper Pizza, is exploring a sale. The company has partnered with Goldman Sachs on an auction that may attract private equity firms. CEC has about $1.2 billion in revenue and $195 million in EBITDA, and the company could be worth about $1 billion in a sale.
Nation's Restaurant News: Report: Tropical Smoothie Cafe is exploring a sale
Tropical Smoothie Cafe is considering a sale and targeting a price tag as high as $2 billion. The smoothie chain is owned by private equity firm Levine Leichtman Capital Partners and finished 2022 with just under 2,000 U.S. units, which, marked a 160% year-over-year increase versus 2021, making it one of the fastest-growing chains in the industry. Tropical Smoothie finished 2022 with $1.1 billion in sales, a 15.6% increase over 2021.
Restaurant Dive: Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike
Krispy Kreme released its inaugural ESG report, noting an increase in scope 1 and scope 2 emissions compared to the previous year. Emissions amounted to over 70,000 tons of CO2 equivalent in 2022, up from approximately 65,000 tons of CO2 equivalent in 2021. It said it had achieved carbon neutrality in its U.K. and Ireland operations in 2022 by sourcing renewable energy and “strategic carbon offsets” linked to its ingredients’ supply sources. The company also highlighted future environmental and social goals, such as diverting at least 50% of food waste from landfills and achieving gender parity by the end of 2025.
QSR Magazine: Pizza Factory reflects on momentous 2023
In 2023, Pizza Factory achieved significant milestones, opening ten new restaurants in markets like Arizona, California and Washington. The brand also signed six agreements for further expansion in 2024, targeting California, Idaho, Texas and Washington. The brand introduced a BBQ Brisket Pizza and Sandwich Limited Time Offer, collaborated with GiftAMeal to donate meals to food pantries, and earned recognition in various industry rankings and lists.
QSR Magazine: Round Table Pizza donates $100K to Maui United Way
Round Table Pizza, in collaboration with its franchisees and parent company FAT Brands Foundation, is making a $100,000 donation to Maui United Way to aid ongoing recovery efforts after devastating fires on the island. Round Table Pizza, a longstanding member of the Maui community since 2007, emphasized its commitment to support the community’s recovery.
 
Policy & Regulatory News
The Hill: Graham on NY bill to keep Chick-fil-A open Sundays: ‘You’re in for one hell of a fight’
Senator Lindsey Graham (R-S.C.) continues to oppose a New York state bill requiring new highway rest stop restaurants to operate seven days a week. His focus is on Chick-fil-A, known for closing on Sundays. Graham threatened to introduce legislation withholding federal funds from cities enforcing Sunday openings. New York State Rep. Tony Simone (D), the bill’s sponsor, aims to provide diverse food options at rest stops, impacting new establishments, not existing Chick-fil-A locations.
Business Insider: People in California are getting more sick leave and can't be fired for using marijuana outside work
California will implement new laws in 2024, including a law that prevents firing employees for marijuana use outside of work. Notably, workers will also receive a minimum of five sick leave days annually, aimed at curbing disease spread. However, critics argue it burdens employers and might lead to unwarranted sick leave requests.
CBS News: Judge orders Starbucks to rehire, give back pay to fired Colorado union leader; Starbucks to appeal
A federal administrative judge has ordered Starbucks to rehire Alendra “Len” Harris, a Colorado barista and union organizer, stating her termination was unlawful. Harris, who led the charge for the Starbucks store in Superior to become the first unionized Starbucks in Colorado, was fired in November 2022, after successfully unionizing earlier in 2022. The judge ruled that Starbucks unlawfully terminated Harris and ordered her rehiring, back pay, and the cessation of anti-union activity.
 
Restaurant Technology
The Messenger: Burger King’s mobile app offers discounts based on how hungover you look
Burger King in Brazil has introduced a “Hangover Whopper” campaign using facial scanning technology through its mobile app. Customers can show their faces to the app, and the technology assesses their hangover level to determine the appropriate food and discount for their order. The campaign, available until January 2, offers different combos based on the perceived severity of the hangover, with higher levels receiving more substantial items.
Freethink: AI robots are making burgers and fries at this new restaurant
In Pasadena, California, a restaurant named CaliExpress by Flippy is using Miso Robotics’ Flippy robot to prepare french fries, and its BurgerBot to make burgers from a wagyu blend. The process is semi-autonomous, with human employees assembling the burgers and packaging the food prepared by the AI robots. Customers place orders at self-serve kiosks and can pay using face or palm recognition technology developed by PopID.
 
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