coronavirus_chains

Financing

Starbucks is taking a break on Happy Hour promotions

The coffee giant decided to pause the promotion out of concern for the safety of its workers.

Financing

Vegan chain By Chloe declares bankruptcy

The fast casual, once a rising star of emerging concepts, blamed the pandemic for its troubles and is seeking a buyer.

The eatertainment chain has massively trimmed its menu, added third-party delivery and is eyeing virtual brands.

Leaders of BurgerFi and Walk-On’s Sports Bistreaux are optimistic about their continued growth and said operational changes made during this crisis will become table stakes going forward.

These chains, which had largely relied on dine-in business before the crisis, are playing catch-up with quick-service brands.

Operators are mulling new designs and revamped real estate strategies as the COVID crisis drags on.

Is customization still king for fast casuals? Some chains are moving toward more chef-curated items to speed ordering.

Many in the segment are experimenting with tech-enabled options to keep their elevated fast-casual positioning while creating safe, convenient pickup methods.

With the pandemic shifting the workforce from office building to home office, lunch has gotten lost in the shuffle.

The struggling sandwich chain’s landlord says it is owed more than $800,000 in back rent and other fees.

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