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News

Leadership

Starbucks names Patrick Grismer CFO

 By Heather Lalley on Oct. 08, 2018

Grismer, currently the finance head of Hyatt Hotels, takes over for Scott Maw, who is retiring.

Technology

‘Ghost kitchen’ specialist Kitchen United nets $10M investment

By Peter Romeo on Oct. 08, 2018

The funding comes in part from the parent of Google.

Financing

Big Burger King operator Carrols buys 43 more restaurants

By Jonathan Maze on Oct. 08, 2018

The company said it completed three deals since August and also that Hurricane Florence hurt sales.

Workforce

The payoffs and pitfalls of keeping Gen Z restaurant staff

By Peter Romeo on Oct. 08, 2018

A comprehensive new study shows restaurants’ reputation as a workplace may be better than believed, yet they could be missing ways to boost retention among young folks.

Financing

Papa John’s stock surges on reports of investor’s interest

By Jonathan Maze on Oct. 08, 2018

Trian Fund, one of Wendy’s biggest shareholders, is reportedly eyeing the pizza chain, sending the stock soaring.

Financing

Three examples of franchising done right

By Jonathan Maze on Oct. 08, 2018

Focus on operator profitability has helped chains such as Domino’s, Popeyes and Chick-fil-A thrive, says RB’s The Bottom Line.

Consumer Trends

Now on sale in Ariz.: Marijuana meals

By Peter Romeo on Oct. 08, 2018

A new dispensary is acting like a takeout-only restaurant, complete with specials and online ordering.

Financing

Class-action suit filed in Zoes Kitchen-Cava deal

By Heather Lalley on Oct. 05, 2018

The plaintiff claims the merger violates SEC rules.

Operations

How big is third-party restaurant delivery? About $5B big

By Peter Romeo on Oct. 05, 2018

But the boom isn’t shared equally, with new research showing that a dominant player is clearly emerging.

Financing

The unemployment rate hits a 49-year low

By Jonathan Maze on Oct. 05, 2018

Hurricane Florence put a temporary halt to restaurant job growth, but the labor market tightened even more last month.

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