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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 15
Financing

Earnings roundup: Recent months prove tough for Ark, Good Times, RCI

The three multi-concept restaurant operators showed significant declines, with at least one blaming more serious consumers.

Leadership

Long before diversity became an industry goal, these women were delivering it

Restaurant Rewind: Without them, we might not have the McDonald's, In-N-Out and Marriott that we do today.

Operations

New York lawmakers say roadside Chick-fil-A units should open on Sundays

A bill introduced last week would require all restaurants in state-run travel plazas to operate seven days a week. A Chick-fil-A is already in seven of them.

Financing

Here's what the reindeer behind Santa could do for restaurants

Reality Check: Watch out for the extremely naughty in M&A activity. In fact, make a list and check it at least twice.

Workforce

What's next for Starbucks after the extraordinary week it's had? Here are some possibilities.

Working Lunch: The developments are unlikely to halt the fault-finding that's erupted. But at least one could foster more respect.

Financing

Darden Restaurants sees little customer belt-tightening, but less celebratory drinking, too

The parent of Olive Garden and LongHorn said patrons of its hghest-ticket concepts did not indulge in alcohol during Q2 the way they did a year earlier.

Emerging Brands

Golden Corral likes what it's learning from its new Homeward Kitchen concept

Three years in the making, the fast casual upstart is on track to surpass pro forma projections, the company says.

Workforce

Accused of misusing service-fee proceeds, a Seattle restaurant group agrees to pay $323,000

Proceeds from the surcharge were used for purposes other than the one patrons expected, according to city authorities.

Consumer Trends

3 anvils hanging over restaurateurs' heads

Crystal balls tend to be hazy. Here are some what-ifs that may be difficult to tune in.

Technology

Order cancellations cost the typical restaurant up to 3% of digital sales, new data show

A study from the tech supplier Otter found that the usual causes are a delivery taking too long or a kitchen being unable to keep up with incoming orders.

Workforce

Report offers a new narrative of how Starbucks landed in union trouble

Though commissioned by Starbucks, it faults management for its naivety and misread of the situation, but says the chain never aimed to bust the union.

Technology

Waffle House adds digital order-and-pay capabilities

The 24-hour diner chain expects its first major investment in digital technology to boost off-premise business. An app is scheduled to be rolled out in early 2024.

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