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Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Operations

Potbelly consumers are 'hanging in there,' says CEO

 By Lisa Jennings on Nov. 03, 2023

The Chicago-based sandwich chain reported same-store sales up 8%, driven by traffic. That momentum is expected to continue into Q4.

Financing

Savory Fund invests in a hot chicken chain

 By Jonathan Maze on Nov. 02, 2023

The Utah-based private equity firm has taken a stake in the 11-unit Houston TX Hot Chicken.

Financing

Record demand drove strong Starbucks sales last quarter

By Jonathan Maze on Nov. 02, 2023

The chain’s U.S. same-store sales rose 8% as more customers ordered more products and more add-ons and its loyalty membership hit a record.

Operations

Sweetgreen plans to open more automated restaurants next year

By Lisa Jennings on Nov. 02, 2023

The salad chain expects to open as many as nine of its Infinite Kitchen locations in 2024 while two to four existing units will be retrofitted with the robotic make lines. More are planned for 2025.

Operations

Fast-casual pizza faces an existential crisis

By Lisa Jennings on Nov. 02, 2023

Blaze Pizza is preparing for a brand relaunch, but the concept must first solve some fundamental problems laid bare by the pandemic. CEO Beto Guajardo outlines his strategy for profitability.

Financing

Third-party delivery has become a huge sales driver at Papa Johns

By Jonathan Maze on Nov. 02, 2023

The pizza chain, which outperformed its largest competitors last quarter, now gets 15% of its sales from companies like DoorDash and Uber Eats.

Operations

El Pollo Loco president and CEO Larry Roberts steps down

By Lisa Jennings on Nov. 02, 2023

He will stay on as consultant through Dec. 28 as the company searches for a replacement. COO Maria Hollandsworth will take leadership in the interim.

Operations

Portillo's rides out traffic declines with 'transaction arbitrage'

By Lisa Jennings on Nov. 02, 2023

Moves into high-population-growth states are driving revenue growth that company officials say will help the Chicago-based chain manage through ebbs and flows of consumer behavior.

Financing

Starbucks plans more stores and more technology

By Jonathan Maze on Nov. 02, 2023

The Seattle-based coffee giant believes it has plenty of room to add more stores in the U.S., but it also believes that efficiencies can cut $3 billion in costs over the next three years.

Operations

Federal regulators are investigating Boston Market

By Jonathan Maze on Nov. 01, 2023

The U.S. Department of Labor says it is investigating wage-and-hour complaints against the troubled fast-casual chain.

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