Fast_Casual

Operations

Portillo’s dining room-less restaurant is a big hit

The fast-casual Italian beef and hot dog chain’s CEO said the newest prototype just might be “something very, very special.”

Financing

Noodles & Company got hit by a COVID one-two punch

The combined impacts of the delta and omicron surges cost the fast casual $8 million in estimated revenue from temporary closures and reduced hours during the fourth quarter.

The gourmet hot dog concept was an early entrant in virtual brands and ghost kitchens. More than two years in, the fast casual has figured out some digital tricks but isn’t giving up on dine-in.

The bowls, sandwiches, salads and baked goods are designed for grab-and-go, but 60% of the business is dine-in.

Ferguson started the 17-unit chain in 2012. The company called him “a champion of others, a mentor, and a devoted husband and father.”

While other chains have fully recovered from the pandemic, and then some, the New York City-based fast casual keeps getting battered by the pandemic’s waves.

Digital sales make up just 15% of the fast casual’s business today, and the chain’s CEO said its diners simply prefer the dining room.

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

The fast-growing wing chain saw a 27.5% increase in bone-in wing prices during the fourth quarter, but said the cost finally appears to be on a downward trend.

It took the fast casual 29 years to reach the milestone, but Chipotle has aggressive growth plans for the future.

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