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Fast_Casual

Emerging Brands

This Houston drive-thru restaurant just won $1M

 By Joe Guszkowski on Jul. 26, 2022

Single-unit Vietnamese concept Saigon Hustle was the winner of the Million Dollar Restaurant Launch sponsored by Mercato Partners’ Savory Fund.

Financing

Chipotle struggles with speed as customers return to its restaurants

 By Jonathan Maze on Jul. 26, 2022

The burrito chain said staffing has reached pre-pandemic levels, but newer workers are less versed in operating with heavy in-restaurant business. The company is kicking off an operations effort to fix it.

Marketing

Chipotle is giving away crypto for National Avocado Day

By Jonathan Maze on Jul. 25, 2022

The burrito chain is kicking off an interactive game called “Buy the Dip” that will give away more than $200,000 in cryptocurrency and promo codes for 1-cent guac and 1-cent Queso Blanco.

Marketing

Velvet Taco reveals a secret menu

By Reyna Estrada on Jul. 25, 2022

The new menu on the company's loyalty app features tacos including the Nashville Hot Chicken, the Hangover Burger and the Black & Blue Burger.

Financing

Potbelly gets an activist, but this one is different

By Jonathan Maze on Jul. 22, 2022

The Bottom Line: Nierenberg Investment Management Company gushed about moves the sandwich chain is making, but wants company insiders to buy more stock.

Marketing

Noodles & Company responds to high inflation with a new value menu

By Reyna Estrada on Jul. 22, 2022

The fast-casual chain has launched a new $7 menu, saying its customers have started demanding lower prices.

Financing

Au Bon Pain’s owner buys Bellagreen

By Jonathan Maze on Jul. 22, 2022

Ampex Brands, a franchisee of Yum Brands and 7-Eleven, finalized the acquisition of the eight-unit bistro chain earlier this week.

Technology

Chipotle invests in robotic makelines, fungi-based meat

By Joe Guszkowski on Jul. 21, 2022

Hyphen and Meati Foods are the first startups to get funding from Cultivate Next, the chain’s $50 million venture arm.

Technology

Capriotti’s plans to put pizza robots in up to 100 restaurants

By Joe Guszkowski on Jul. 21, 2022

The sandwich chain said the bots made by Piestro will help boost dinner business.

Financing

How Layne’s Chicken Fingers hopes to become the next big thing

By Jonathan Maze on Jul. 06, 2022

A Deeper Dive: Garrett Reed, CEO of the chicken fingers chain, joins the podcast to talk about the company’s plans to move from a hot local brand into a national growth chain.

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