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Restaurant discounting 2016-style

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The deal will give Inspire Brands its third major chain and fourth overall.

Challenges have hit onetime growth chains like Taylor Gourmet, Lyfe Kitchen and Noon Mediterranean, says RB’s The Bottom Line.

“We must increase the velocity of innovation,” the coffee chain’s CEO wrote in an internal memo.

As consumer preferences skew away from sugary, artificial tastes and toward fresh, lively flavors, operators are looking for ways to update their menus.