Latest news with #LittleCaesar's
Miami Herald
24-04-2025
- Business
- Miami Herald
Classic fast-food chain closing hundreds of locations
Some fast-food chain have remained popular for decades despite people not really thinking the food is very good. A chain like White Castle, for example, sells burgers that barely contain any meat which have been well-loved for multiple generations. It's like there's a place between good and bad where guilty pleasures get passed on from parents to children. Nobody, for example, (or at least very few people) think Little Caesar's makes good pizza or that Subway offers top-tier sandwiches, but those chain's, despite their ups and downs, have been enduring. Related: Another fast-food burger chain closes all US, UK locations There are just certain brands which resonate with consumers even when the does not actually measure up. These might be the brands we seek out in a moment where we need comfort or late-night when we've already made other bad choices. Don't miss the move: Subscribe to TheStreet's free daily newsletter Nobody plans to go to Arby's, yet millions of people eat there. Taco Bell has its fans, but its brand has been built around, price, value, and the idea of the "fourth meal." Few people who are not world-class athletes or Sumo wrestlers hear the term "fourth meal" and think, "that's a good choice I'm making for me. Jack in the Box has always been in this sort of unofficial category. It's a beloved brand that has been endured since 1951, but the chain has lost its way and has shared its plan to get (as the company said in a press release, "Jack on track." Jack in the Box (JACK) has always been a fast-food brand that has done things a little differently. It offers a fairly traditional burgers and chicken sandwiches menu while it also has a full lineup of tacos. The company explains its business on its franchising web page. "Jack in the Box has always been the place for those who live outside the box. Where you can try new things and order what you want when you want it - while always getting it fast, hot, and fresh," it shared. The chain was founded in 1951 and also explained its unique name on its website. Bankruptcies: Popular restaurant and bar chain files for Chapter 11 bankruptcyPopular athletic shoe chain files for Chapter 11 bankruptcyAward-winning cosmetics brand files for Chapter 11 bankruptcy "When our first location opened in San Diego in 1951, it had a big jack-in-the-box clown on the roof. It was also one of the first restaurants with a drive-thru system. Plus, burgers only cost 18 cents," it added. Now, the company has reached a turning point and it has begun a plan to turn its business around. Jack in the Box management recently shared its "Jack on Track" plan which is a an effort to improve long-term financial performance across its restaurant system. The core goal is to move the company to a franchised "asset light" model. As part of that plan, the company has hired BofA Securities to assist in the process of exploring strategic alternatives for the Del Taco brand, including a possible divestiture of the business. The company will also (obscenity) down some locations of its namesake brand. "Jack in the Box will implement a block closure program, which is projected to result in the closure of approximately 150-200 underperforming restaurants - a majority of which have been in the system for over three decades," it shared. Related: Iconic restaurant closing after successful 10-year run It's a plan that will happen in phases. "The program will consist of approximately 80-120 restaurant closures between now and 12/31/2025, with the remaining underperforming restaurants closing thereafter based upon respective franchise agreement termination dates," it added. Jack in the Box also plans to cut spending. The chain will open fewer company-owned new locations than originally planned, but will continue to invest in improvements at its existing locations. It will also "continue to invest in its evolving technologies and digital capabilities, enabling significant growth through its digital sales channels," the company shared. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
01-03-2025
- Yahoo
Fired Scientist Replaced Data in Breast Cancer With the Wildest Thing You Can Imagine
Anyone who's ever left a bad job knows the temptation to pull off a petty stunt on your last day. It's one thing if you work at Little Caesar's. But as one cancer researcher found out, sometimes it's best to leave your parting thoughts to an email. Last week, a federal jury found a former Stanford University researcher guilty of tampering with protected email servers. Which somehow sounds better than what actually happened: Naheed Mangi was convicted on several charges for deleting breast cancer research data and replacing it with insults directed at her former supervisor. It's a trial over ten years in the making: back in 2013, Mangi was let go of her job as a research coordinator overseeing an experimental breast cancer treatment due to performance issues. Though no longer welcome to log into Stanford's clinical database, Mangi's account wasn't revoked until the next day. So the former researcher indulged in a costly romp through the digital garden, falsifying patient records with nonsense information, insulting clinical doctors, and launching a diatribe at her boss. When Stanford launched an investigation into the breach of a protected database, Mangi's former coworkers noted she was "very angry" about the firing. Now, after a lengthy investigation by the Secret Service, the researcher is facing a max of 21 years in prison after causing "thousands of dollars in financial loss" to the University. "Naheed Mangi intentionally tampered with a breast cancer research database by entering false information and personal insults," said US attorney Patrick Robbins in a Justice Department statement about the conviction. "Her senseless actions undermined a study into the safety and efficacy of a new treatment for breast cancer patients." It's not known why this case took so long to prosecute, but it's clear that Mangi's antics went way over the line. They're also unusual; academic fraud is alarmingly common, but usually it takes the form of researchers chasing clout by falsifying interesting results in a bid to get published in impressive journals. Still, she's not the first spurned employee to give into the temptation to leave some vengeful pranks behind after a firing. Last month, a former Disney employee pled guilty to tampering with allergy information and adding swastikas to Disney restaurant menus, on top of changing wine regions to sites of mass shootings. He faces a minimum of two years in prison for tampering with "nearly every menu in the system" months after being let go for misconduct. Like Mangi, the former Disney employee was slammed with federal charges via the Computer Fraud and Abuse Act, a key piece of legislation used to prosecute breaches of access on the web. The incidents are cautious reminders: regardless of how much you detest your boss, stay away from mischief that could hurt innocent people, even if your password still works after getting sacked. Our advice? It's probably best to stick to the stapler in Jell-O. More on cyber crime: One of Elon Musk's DOGE Boys Reportedly Ran a Disgusting Image Hosting Site Linked to Domains About Child Sexual Abuse
