Family Dining

Financing

Focus on traffic pays off for First Watch

A couple of unconventional moves have helped the chain generate some of its best traffic ever.

Workforce

Think you have recruitment issues? Try staffing overnight shifts

Restaurant concepts that operated 24 hours a day are having to temper that distinction because they can’t hire enough late-night staff.

They may not enjoy the buzz yet of some restaurant chiefs, but these executives may well be on their way to that sort of notoriety, says RB's Reality Check.

The lineup of seven cheesy sandwiches is targeted to the lunch, dinner and late-night crowd as well as off-premise customers.

The newly public chain continues to innovate within its “daytime dining” framework, adding alcohol and developing a prototype designed to drive more top-line sales.

The breakfast-and-lunch chain plans to sell shares at $17 to $20 and could get a valuation of more than $1 billion.

The family-dining chain launched Bakery By Perkins online to deliver pies, muffins and other baked goods, but the concept also serves as a testing ground for new products.

It has also outsourced the duties of CFO and is looking to sell its lone remaining business, a foodservice management company.

In what the family chain describes as key hires, MIchael Kaufman has come aboard to focus on strategy and analytics, and Jacob Barden has moved over from Burger King to oversee development.

Groups such as One Fair Wage intend to ask the state's first female governor, Kathy Hochul, to close the gender wage gap by disallowing the concession for restaurants.

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