Good, Bad, and Other News! – May 2022

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As Covid continues to fade from the topmost concern of employers and employees, a cautionary note: So far, so good, but it ain’t over yet. In fact, in some places it’s worse. Think of the 25 million people locked down in Shanghai, with the strict quarantine eased only this week.

Only two U.S. states have more people than Shanghai: California at 39.

2 million and Texas at 29.5 million. So take a deep breath, count your blessings while they last, and catch up on the past month’s franchise-related news, delivered your way every third Tuesday of the month.

And if you’re not doing it already, send us your good (and other) news here and see it next month in this newsletter! POST-COVID – REOPENING & RECOVERY $48 Billion Restaurant Revitalization Fund Faces Senate Headwinds Over Funding McDonald’s To Exit from Russia After 30 Years, Looks To Sell Entire Portfolio New Report Dissects Market Dynamics Affecting Today’s Consumers Driver Shortage Squeezes Pizza Hut, Competitors Reef Reportedly Pursuing Ownership Stake in 800 Degrees Go Can Starbucks Come Back? HIRING & EMPLOYMENT Job Interviews Are Broken, But There’s a Way to Fix Them Teen Workers Find They’re in High Demand Worker Pay, Benefits Grow at Record Pace in Q1, Pressuring Inflation Quarterly Remote Work Report Shows WFH Jobs Continue To Rise Starbucks Plans Barista Raises, Says Unionized Cafes Will Have To Bargain FINANCE & M&A WOWorks Acquires Barberitos Southwestern Grille and Cantina & Zoup!

Eatery Instacart Preps for Possible IPO Amid Volatile Markets, Changing Consumers Beyond Meat Shares Drop as Losses Widen; Launch Costs Blamed LEADERSHIP KFC U.S.