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Financing

Papa Johns wants to grow internationally, but first it must close some restaurants

 By Jonathan Maze on Jan. 10, 2024

The pizza chain plans to “right size” its U.K. market this year, closing some unprofitable stores as it prepares many markets for growth.

Financing

How Starbucks is evolving to meet consumer demands

 By Jonathan Maze on Jan. 10, 2024

A Deeper Dive: Peter Romeo joins the podcast to discuss Starbucks’ numerous moves and CEO Laxman Narasimhan’s immersion into the culture.

Beverage

Applebee's elevates the bar experience with new partnerships, premium options

By Patricia Cobe on Jan. 10, 2024

A celebrity-branded mezcal makes its debut in three approachable and affordable signature cocktails.

Financing

Get your executives into the stores more often

By Jonathan Maze on Jan. 10, 2024

The Bottom Line: Starbucks and now Dutch Bros are giving some key executives barista training and having them work in the field. That should become standard.

Marketing

How the Famous Toastery Bowl came to be

By Heather Lalley on Jan. 10, 2024

Marketing Bites: With six weeks’ lead time, the regional breakfast-and-lunch chain pulled off the title sponsorship of a nationally televised college bowl game.

Financing

Struggling Boston Market will let anyone open a location

By Jonathan Maze on Jan. 10, 2024

The lawsuit-riddled rotisserie chicken chain will let people become operators of the brand without any franchise fee or other buy-in requirements.

Operations

Maybe cash should be king again for restaurants

By Peter Romeo on Jan. 10, 2024

Reality Check: Credit card fees are increasingly being passed along to consumers, offsetting a moderation in menu inflation. Operators need to do something about that.

Financing

Why population trends may help, and hurt, restaurants

By Jonathan Maze on Jan. 09, 2024

The Bottom Line: Darden CEO Rick Cardenas told investors this week that demographic trends are shifting in restaurants’ favor. But some demographic trends will be a headwind.

Workforce

The union organizing Starbucks opts to bail from another concept it represents

By Peter Romeo on Jan. 09, 2024

Workers United has filed for regulators' approval to part company with an Ultimo Coffee cafe. The move comes as a majority of the coffee shop's employees take steps to oust the group.

Marketing

How popular diets have rewritten restaurant menus

By Peter Romeo on Jan. 09, 2024

Restaurant Rewind: Chances are the weight-loss schemes currently in vogue won't come close to having the influence one fad had 25 years ago.

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