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Why restaurant M&A is picking upWhy restaurant M&A is picking up

Plus, McDonald’s reworks big policy, and KFC aims to transform

Sam Oches, Alicia Kelso

January 13, 2025

On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso discuss McDonald’s announcement that it would walk back its official DEI policy, and why restaurants still must aim to diversify their talent pipelines.

Plus they talk about KFC and its transformation plan. It’s no secret that the chain had a tough year in 2024, with three consecutive quarters of negative same-store sales and declining system sales, despite high demand for all things chicken. Will this new plan finally bring momentum the brand so desperately needs?

Finally, managing editor Leigh Anne Zinsmeister joins for this week’s extra serving to discuss how merger and acquisition activity is already building in 2025, and what that means for smaller regional brands in particular.

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About the Authors

Sam Oches

Editor in Chief

Sam Oches is an award-winning Editorial Director with Informa Connect Foodservice and editor in chief of Nation's Restaurant News and Restaurant Hospitality. A graduate of the E.W. Scripps School of Journalism at Ohio University in Athens, Ohio, Sam previously served as Editorial Director of Food News Media, publisher of QSR and FSR magazines. He’s a past president of the International Foodservice Editorial Council (IFEC) and a past board member with the American Society of Business Publication Editors (ASBPE). His foodservice insights have been shared in national media outlets such as the New York Times, USA Today, National Public Radio, and CNBC. He lives in Columbus, Ohio, with his wife and three kids.

Alicia Kelso

Executive Editor, Nation's Restaurant News

Alicia Kelso is the executive editor of Nation's Restaurant News. She began covering the restaurant industry in 2010 for QSRweb.com, FastCasual.com and PizzaMarketplace.com. When her son was born, she left the industry to pursue a role in higher education, but swiftly returned after realizing how much she missed the space. In filling that void, Alicia added a contributor role at Restaurant Dive and a senior contributor role at Forbes.
Her work has appeared in publications around the world, including Forbes Asia, NPR, Bloomberg, The Seattle Times, Crain's Chicago, Good Morning America and Franchise Asia Magazine.
Alicia holds a degree in journalism from Bowling Green State University, where she competed on the women's swim team. In addition to cheering for the BGSU Falcons, Alicia is a rabid Michigan fan and will talk about college football with anyone willing to engage. She lives in Louisville, Kentucky, with her wife and son.

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