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The chain’s revenues fell nearly 50%.
With fewer downtown office workers, many fast-casual chains are eyeing suburban locations or rethinking their business models entirely.
The fast-casual chain joins Shake Shack in offering seasonal fun while building brand awareness for kids and parents during the pandemic.
The coffee giant is banking on a new store strategy, its growing loyalty program and plant-based food to recover sales lost due to COVID-19.
With leases due, more chains like California Pizza Kitchen could end up filing even as sales increase, says RB’s The Bottom Line.
Thousands of units are being closed sooner than they might have been without the pandemic.
The breakfast-heavy chains are adapting to changes in consumer patterns, which may be more permanent than you think, says RB’s The Bottom Line.
The U.K.-based fast-casual chain is pursuing new delivery channels and other steps to stabilize its downward slide.
The company has dwindling cash and is looking to close unprofitable locations and reduce its debt.
The company also announced that it is working with the Mayo Clinic to help with its coronavirus response.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow