Fast food industry
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Five Guys CEO Awards $1.5M in Bonuses After Promo Chaos
Jerry Murrell, CEO of Five Guys, gave $1.5M in bonuses to 1,500 employees after a failed BOGO deal caused app crashes and store disruptions.
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Steak ‘n Shake Launches Bitcoin Bonus for Hourly Workers
Steak ‘n Shake has begun paying hourly employees a 21-cent Bitcoin bonus, integrating digital currency into traditional wages. This aims to attract talent and normalize crypto in mainstream business.
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Wendy’s to Close Hundreds of U.S. Restaurants Amid Financial Pressures
Wendy’s, one of America’s largest fast-food chains, will shutter hundreds of underperforming locations by 2026, reflecting industry-wide challenges like rising costs and shifting consumer habits.