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Restaurant Industry Reporter — Wall Street Journal
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Wall Street Journal's restaurant industry reporter, Greater LA

Restaurant Owners Look for Creative Ways to Escape Health-Law Penalties

blogs.wsj.com — Restaurant owners facing the prospect of fines for not offering workers affordable health insurance are finding some creative ways to keep the number of eligible employees to a minimum. While some companies are enrolling employees in Medicaid to avoid the penalties, which go into effect next year under the Affordable Care Act, others are considering changing their ownership structure.

Companies Try to Escape Health Law’s Penalties

online.wsj.com — With companies set to face fines next year for not complying with the new mandate to offer health insurance, some are pursuing strategies like enrolling employees in Medicaid to avoid penalties. The penalties, of about $2,000 per employee, were supposed to start this year, but the Obama administration delayed them until 2015, when they take effect for firms that employ at least 100 people.

McDonald’s Profit Falls 30% on U.S., China Woes

online.wsj.com — McDonald's Corp. said its third-quarter earnings fell a worse-than-expected 30% as the fast-food giant continues to struggle in the U.S. and other parts of the world.

Starbucks to offer chance at free drinks for life

marketwatch.com — Starbucks Corp. Chief Executive Howard Schultz is trying to reverse the "seismic shift" he noticed last year when Americans in large numbers turned to online ordering for holiday gifts, leaving brick-and-mortar retailers suffering. After the winter holidays last year, Starbucks reported lower-than-expected same-store sales growth, citing a drop in traffic at malls and shopping centers, which resulted in fewer trips to its cafes.

Starbucks to Offer Customers a Chance to Win Free Drinks for Life

online.wsj.com — Starbucks Corp. Chief Executive Howard Schultz is trying to reverse the "seismic shift" he noticed last year when Americans in large numbers turned to online ordering for holiday gifts, leaving brick-and-mortar retailers suffering. After the winter holidays last year, Starbucks reported lower-than-expected same-store sales growth, citing a drop in traffic at malls and shopping centers, which resulted in fewer trips to its cafes.

McDonald’s Hires Back Another Former U.S. Executive

online.wsj.com — McDonald's has hired back Karen King, retired east division president for McDonald's USA, as it tries to stabilize its U.S. business.

Starboard Succeeds in Replacing Entire Darden Board

online.wsj.com — Starboard Value LP succeeded in replacing the entire board of Darden Restaurants Inc., according to a preliminary count of the vote of shareholders, the company said Friday. The New York hedge fund, which owns 8.8% of Darden and is the company's second-biggest shareholder, will have two of its own partners on the board along with 10 other directors it nominated.

Calorie Counts Come Down at Restaurants

TGI Fridays to Sell Most of Its U.S. Company-Owned Outlets

online.wsj.com — SOUTH GATE, Calif.--TGI Fridays Inc. plans to become the latest restaurant company to effectively exit the business of running restaurants. The casual dining chain, which is owned by private-equity firms, plans sell most of its 247 company-owned restaurants in the U.S. to franchisees, executives told The Wall Street Journal.

Starbucks to Sell Single-Origin Coffees in Supermarkets

online.wsj.com — Starbucks Corp. is trying to win over coffee connoisseurs with a new line of single-origin coffees-the latest trend in the world of coffee snobbery-that will be sold in supermarkets starting this month. The Seattle coffee maker, with its more than 11,000 U.S.
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Oct 22, 2014

Employers looking at "skinny" health plans to counter health law's penalties on.wsj.com/1pBg7P4 via @WSJ @annawmathews

Oct 22, 2014

Restaurant Owners Look for Creative Ways to Escape Health-Law Penalties on.wsj.com/12d6pNH via @WSJ #ACA

Oct 22, 2014

Medicaid, skinny plans, reducing work hours -- tactics employers are using to lower health costs: on.wsj.com/127wgXq @annawmathews

Oct 21, 2014

Localized menu offerings, digital ordering in the works to fix McDonald's. Will it be enough? on.wsj.com/1pwL9rt via @WSJ $MCD

Oct 16, 2014

Starbucks' plan to win more holiday customers: offer chance to win free Starbucks for life. $SBUX on.wsj.com/1wc30rE via @WSJ

Oct 10, 2014

Now that Darden shareholders have elected all 12 Starboard board picks, what's next? on.wsj.com/ZTkpLC @JoannLublin @DaveCBenoit

Oct 08, 2014

Restaurant chains have been rolling out new lower-calorie items. Could it make a dent in obesity rates? on.wsj.com/1t200kq via @WSJ

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