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Digital takes off at Yum Brands, but don't call it a tech company

 By Jonathan Maze on Aug. 02, 2023

The owner of KFC, Pizza Hut, Taco Bell and Habit continues to add to its in-house technology capabilities and is building digital sales. But the company wants to keep its focus on what matters.

Financing

Tech and kitchen upgrades lift profits at Outback Steakhouse

 By Joe Guszkowski on Aug. 01, 2023

Owner Bloomin’ Brands now plans to reinvest some of the earnings into boosting traffic, which fell 4% in the second quarter.

Financing

At Texas Roadhouse, sales keep rising, and so do costs

By Joe Guszkowski on Jul. 28, 2023

The chain continued a traffic tear, but rising wages and beef prices dragged down its margins again.

Financing

BJ's gets a boost from new booths and brighter bars

By Joe Guszkowski on Jul. 28, 2023

The 216-unit chain said remodels are helping traffic, and that it now plans to do more of them.

Operations

Sweetgreen makes progress toward profitability

By Lisa Jennings on Jul. 28, 2023

Innovations like the fully automated restaurant and Sweetpass loyalty program are showing early signs of bottom-line results.

Operations

Sweetgreen to bring reward program to in-restaurant guests

By Lisa Jennings on Jul. 28, 2023

So far, the two-tiered loyalty program has been digital only. In the next few months, the loyalty perks will also apply for in-store purchases.

Financing

McDonald's sales soar, thanks to Grimace

By Jonathan Maze on Jul. 27, 2023

The burger giant’s same-store sales rose 10.3% in the second quarter as digital and marketing continued to drive demand.

Financing

McDonald's, eager to open more restaurants, plans a new concept called CosMc

By Jonathan Maze on Jul. 27, 2023

The burger giant plans to open the new, smaller-format concept in select markets as it looked for alternative strategies to bolster its growth.

Operations

Chipotle is putting more workers on the front line to speed service

By Lisa Jennings on Jul. 26, 2023

The fast-casual burrito chain is working to find the right balance between its customer-facing and digital makelines as it works to improve throughput in the restaurants.

Financing

Olive Garden's parent is preparing for a slowing economy

By Joe Guszkowski on Jun. 22, 2023

Stagnant spending will keep a lid on growth at Darden Restaurants over the next 12 months, but it still expects to outpace the industry.

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