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Technology

Olo launches payment service, acquires POS integrator Omnivore

 By Joe Guszkowski on Feb. 23, 2022

Olo Pay will enable one-click payment for customers at hundreds of restaurant brands. Both moves are part of the company's efforts to streamline technology.

Financing

Cracker Barrel changes its approach to menu pricing

 By Joe Guszkowski on Feb. 22, 2022

The chain will make multiple small adjustments in coming quarters to see how customers react.

Financing

BJ’s recovery snatched away by omicron

By Joe Guszkowski on Feb. 18, 2022

The chain was hit harder than most by the COVID-19 variant in December and January, when an “unprecedented” number of its workers got sick.

Financing

Carrabba’s has become 'a whole new business' for Bloomin'

By Joe Guszkowski on Feb. 18, 2022

Off-premise is booming at the 219-unit chain, but executives want to see it keep growing before airing major development plans.

Financing

The Cheesecake Factory expects $12M AUVs in 2022

By Joe Guszkowski on Feb. 17, 2022

Strong sales paired with higher prices have the chain set up for a big year, executives said.

Financing

Shake Shack to raise prices again after omicron takes its toll

By Heather Lalley on Feb. 17, 2022

The fast-casual burger brand said there is too much uncertainty to predict when it might return to pre-pandemic sales trends.

Operations

Denny’s fortunes hinge on two numbers: 24/7

By Joe Guszkowski on Feb. 16, 2022

Half of the chain’s restaurants have returned to around-the-clock service, and those stores are performing well. But it’s unclear when the rest will get there.

Financing

Firehouse Subs ends a big year on a strong note

By Jonathan Maze on Feb. 15, 2022

The sub chain, bought for $1 billion by Burger King owner Restaurant Brands International, generated nearly 25% two-year same-store sales in the fourth quarter.

Financing

Yum Brands opened a record number of restaurants last year

By Jonathan Maze on Feb. 09, 2022

The owner of KFC, Taco Bell, Pizza Hut and Habit opened nearly 4,200 new restaurants worldwide last year, which the company says is an industry record.

Financing

5 things to know about Starbucks

By Jonathan Maze on Feb. 02, 2022

The coffee giant is getting more business through convenience channels, is selling more cold beverages and has a thriving loyalty program.

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