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Jollibee Foods wants to buy a Mexican concept, and there are plenty to choose from, says RB’s The Bottom Line.
The chain plans to evolve its marketing and product pipeline and rely a lot more on technology.
The company’s restructuring is expected to cost up to $135 million.
The chain is taking steps to bolster its quality positioning with a new “Fresh Mexican Grill” tagline and changes in the restaurant.
The fast-casual chain is adding six items to its New York test kitchen, including milkshakes and avocado tostadas.
The burrito chain is jumping on the esports bandwagon with its sponsorship of TSM’s "Fortnite" team.
The move will be costly, and could be risky, but there are benefits for the company and its new CEO Brian Niccol, says RB's The Bottom Line.
As the chain’s new owner, Apollo, solidifies the chain’s management team, Susan Daggett was appointed CFO.
The chain said that its delivery orders have increased 667% since the partnership kicked off last week.
But this time, the chain is adding a spiced-up version of the popular product.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow