Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here. MultimediaExclusive ContentFinancing In Red Lobster, a symbol of the challenges with casual diningThe Bottom Line: Consumers have shifted dining toward convenience or occasions, and that has created havoc for full-service restaurant chains. How can these companies get customers back? Financing Crumbl may be the next frozen yogurt, or the next Krispy KremeThe Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next. Technology 4 things we learned in a wild week for restaurant techTech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up. |
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NEW YORK - Foodservice distributors will be facing a highly-competitive marketplace next year but not one that is anticipated to stifle growth of 4.5%, if executives and managers carefully monitor the execution of their strategic plans, according to Chicago-based industry researcher, Technomic, Inc.