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NRN editors discuss Kelli Valade’s new job, Starbucks’ unions, and the week in restaurant earningsNRN editors discuss Kelli Valade’s new job, Starbucks’ unions, and the week in restaurant earnings

Plus hear from Austin Capoferi of Beef-a-Roo on what it’s like to franchise a 50-year-old brand

Holly Petre, Assistant Digital Editor

May 6, 2022

1 Min Read
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This week on the Extra Serving podcast, a production of Nation’s Restaurant News, NRN editors Holly Petre, Leigh Anne Zinsmeister and Joanna Fantozzi talked about Kelli Valade’s transition from Red Lobster CEO to chief executive of Denny’s.

The team discusses Valade’s abrupt exit from Red Lobster and what it means for a woman to be in charge at a large chain as well as what her tenure could hold.

Zinsmeister gives the team an update on the earnings calls from this week, including the dip in sales at pizza chains like Pizza Hut and Domino’s, the falling price of wings at places like Wingstop, the cost of inflation across all chains and other tidbits.

Fantozzi also updates the team on Starbucks’ union situation. Interim CEO Howard Schultz has made his anti-union stance very clear and, in a recent earnings call, made it known that none of the new benefits Starbucks will be offering like student loan repayment will be available to unionized stores.

“If you thought three or four months ago that relations between unions and Starbucks itself were tense, the differences of opinion have only gotten starker since Schultz has come back,” said Fantozzi.

There are more than 50 stores that are unionized at this point and there are 237 that have applied for unionization at this point. About 85% of the stores that vote agree to unionize.

Plus, hear from Beef-a-Roo franchisee and Next Brands president Austin Capoferi on what it’s like to franchise a 50-year-old brand.

About the Author

Holly Petre

Assistant Digital Editor

Holly Petre is a digital editor for Nation’s Restaurant News as well as the host of NRN’s podcast, Extra Serving, and producer for Informa Restaurant and Food Group’s other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

 

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