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Financing

Proposed TGI Fridays sale is no home run, but has promise for both sides

 By Joe Guszkowski on Apr. 19, 2024

The $220 million all-stock deal would get Fridays’ owner TriArtisan out of its decade-long investment and give the struggling chain a like-minded partner in franchisee Hostmore, experts say.

Financing

Tijuana Flats declares bankruptcy and closes restaurants

 By Jonathan Maze on Apr. 19, 2024

The Maitland, Florida-based Tex-Mex chain filed for Chapter 11 bankruptcy protection after closing 40 restaurants this year. It has an agreement to sell the company.

Operations

Here's what we learned at the Restaurant Leadership Conference

By Jonathan Maze, Joe Guszkowski, Patricia Cobe and Lisa Jennings on Apr. 18, 2024

Kiosks’ benefits aren’t on the labor line, casual dining does some soul searching and you can’t eat ice cream while on the phone are among the lessons from the three-day event.

Technology

Senators question DoorDash and Uber Eats over 'hidden fees' for consumers

By Joe Guszkowski on Apr. 18, 2024

Letters from three Democrats including Elizabeth Warren accused the delivery apps of price-gouging and asked for more information about how the fees are used.

Beverage

Starbucks' new cold cups will use a lot less plastic

By Jonathan Maze on Apr. 18, 2024

The Seattle-based coffee shop chain, which now gets most of its beverage sales from cold coffee, is introducing new, more sustainable cups that cut plastic by up to 20%.

Marketing

April 20 gives restaurants a new meaning for 'in the weeds'

By Heather Lalley on Apr. 18, 2024

Marketing Bites: As recreational marijuana is legalized in more states and consumers relax their attitudes around the drug, restaurants large and small are having some fun on 4-20, widely considered a national day of pot celebration.

Financing

The owner of Fatburger is making a big move into cobranding

By Jonathan Maze on Apr. 18, 2024

Fat Brands just announced a 40-year deal that will place its flagship burger brand into 40 Round Table Pizza locations. Here’s why the company is so big on the idea.

Food

5 secrets to leading with an impactful menu

By Patricia Cobe on Apr. 18, 2024

Inflation and increased competition mean that menus have to work harder to build traffic and sales, concluded speakers at the Restaurant Leadership Conference. Here’s how to make that happen.

Food

Subway is bringing back its Honey Oat Bread

By Patricia Cobe on Apr. 18, 2024

The fast-food sandwich giant is reintroducing the bread after a four-year absence as part of yet another refresh of its menu, including a new spicy sauce and Baja Chipotle potato chips.

Financing

Red Lobster is struggling to pay its bills, vendors say

By Joe Guszkowski on Apr. 18, 2024

Credit data confirms the seafood chain has a large number of overdue balances as it reportedly considers a bankruptcy filing.

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