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The move is designed to protect the chain from the volatility of the chicken wing market.
The chain’s CEO said he expects the problem to worsen as the pandemic surges.
Starbucks, Dunkin’, IHOP, Pizza Hut and others are shuttering units as they shift business models or their sales struggle.
The burger chain, which has never had a drive-thru, plans to open up to eight of them in the next two years to make order pickups more convenient amid the pandemic.
The fast-casual chain has seen explosive digital growth during the pandemic, but third-party platform commissions are eating into its margins.
The fast-casual chain launched three flatbread pizzas, with plans to add new versions next year.
The fast-casual chain, which raised $350 million a year ago, is facing a challenging future as downtown workers continue to do their jobs at home.
The fast-casual chain, which has $82.3 million in debt, began seeing falling sales in 2017, according to court documents.
As studios hold back on new releases and restrictions remain, the restaurant-theater chain hybrid started running out of cash.
The South Korean fried chicken chain says it is reaping the rewards of a quick shift to online ordering.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
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