Pennsylvania Expands Overtime Coverage

Pennsylvania Governor Tom Wolf had asked the legislature to reach a compromise and present him with a bill increasing the state minimum wage. The legislature couldn’t agree by the deadline Governor Wolf set and the state regulatory apparatus flexed its muscle. The state labor department proposed new increased salary thresholds for overtime exemption and the…

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Dunkin’ Earnings

Dunkin’ Brands held its Q4 and year-end 2019 earnings call yesterday reporting that store level operating results were fine, but missing 2020 Wall Street projections by approximately ten cents per share. Consequently, the stock closed at $75.03, down $2.13 (2.84%). Dunkin’ pointed to its co-investment of $60 million (with franchisees) in coffee brewing equipment as…

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Tampa Dinner Meeting on Tuesday

There are only a few days left to register for the first DDIFO meeting of 2020, to be held on February 11, 2020 at Ruths Chris Restaurant, 1700 N. Westshore Blvd in Tampa. Registration is still available, but seating is limited, so please register today. Meeting the Need: Hiring & Retaining Good Employees will feature…

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Competitor News

Ohio-based burger chain Wendy’s joins the breakfast daypart competition in a big way on March 2 when the chain launches its new breakfast menu system-wide.  The company has thus far limited its breakfast test to 300 stores, but anticipates the new breakfast platform will deliver 6% to 8% of sales and a 10% growth in…

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