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Red Robin's revamp takes a bite out of wait times

Just 2% of guests now report waiting more than 15 minutes for a table, an 8-point improvement from a year ago.


Panera Brands to restructure leadership in prep for IPO

The timing of the potential public offering remains unclear, but the group that includes Panera Bread, Einstein Bros. and Caribou Coffee remains on track to go public again.

The fast-growing Mediterranean fast casual had previously filed confidential plans, but now the financial disclosures are public.

The burger chain’s same-store sales increased 9.8% last quarter as its dining rooms reopened and late-night business returned to normal.

Early reports suggest the burger chain’s test of the sale of the doughnuts has been going well. But Krispy Kreme doesn’t have the capacity to serve the entire brand.

The fast-food burger chain’s largest operator said its same-store sales increased 11.7% in the first quarter, and much of that went to the bottom line.

But with commodity deflation expected for the rest of the year, the fast-casual chain has brought back a value promotion that is already driving traffic, the company said.

Cheesecake Rewards members will get access to reservations and free birthday cheesecake. The program is expected to go nationwide in June.

The burger chain said profit margins at company restaurants improved last quarter thanks to higher sales. But customer counts declined.

As its sales lag competitors, the growing drive-thru beverage chain is working to build sales, and traffic, behind new Company President Christine Barone.

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