Quick_Service

Financing

Del Taco to pay $50M to settle a wage-and-hour lawsuit

The claims date back a decade. Parent company Jack in the Box, which acquired the taco chain in March, said it anticipated the payout.

Marketing

Popeyes offering cheap chicken to mark its 50th birthday

The company, which officially turns 50 on Sunday, will allow digital customers who spend $5 to buy two pieces of chicken for 59 cents next week. That’s the same price as in 1972.

Quick-service and fast-casual restaurant chains continue to offer up prototypes that don’t feature indoor seating. Here’s why this is such a huge trend.

The company unveiled a 900-square-foot drive-thru-only location among its new designs, which also include a larger version with a 24-seat dining room.

The former chief executive with Frisch’s will take over the 31-unit sandwich concept for Ron Petty, who is retiring.

The company plans to generate 4% annual restaurant growth by 2025. But a thin pipeline, weak units and supply chain hassles are making the process of getting there difficult.

The company’s four-lane “Defy” concept is getting ready to open and could revolutionize the fast-food drive-thru. But that is only part of the story.

The Bottom Line: The fast-food restaurant of the future is coming quickly through small changes that are evolving the business into one focused more on production and efficiency.

The company said it has engaged a third party to conduct the assessment, appearing to stop short of the audit shareholders narrowly voted to approve last month.

The Bottom Line: The company’s longtime largest shareholder may try to buy the whole chain. But the company could consider a merger. Here are a few of our ideas.

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