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Operations

A c-store foodservice trailblazer shuts one of its restaurant-like venues

 By Peter Romeo on Aug. 08, 2023

Sheetz closed the college-adjacent unit, which differed from most of the chain's stores by forgoing gas pumps.

Financing

Steak n Shake's sales and profit improve, but stores keep closing

 By Jonathan Maze on Aug. 07, 2023

While the brand has been selling stores to operating partners, traditional franchisees keep closing units. So does the company.

Financing

KFC learns to sell boneless chicken in the U.S. from its global markets

By Jonathan Maze on Aug. 04, 2023

The chicken chain, known for its bone-in chicken, sold 100 million chicken nuggets in eight weeks last quarter as its boneless offerings thrive—finally.

Financing

Starbucks sees opportunities in smaller towns

By Jonathan Maze on Aug. 02, 2023

The coffee giant, known most for urban areas and more recently suburbs, believes it has plenty of room to grow. And that could include smaller communities.

Technology

White Castle is expanding its use of drive-thru AI

By Jonathan Maze on Aug. 02, 2023

The company plans to add the artificial intelligence technology from SoundHound to 100 locations by the end of next year.

Financing

Digital takes off at Yum Brands, but don't call it a tech company

By Jonathan Maze on Aug. 02, 2023

The owner of KFC, Pizza Hut, Taco Bell and Habit continues to add to its in-house technology capabilities and is building digital sales. But the company wants to keep its focus on what matters.

Financing

Sbarro thrives, by accepting its own limitations

By Jonathan Maze on Aug. 01, 2023

The venerable chain embraced what it is, a pizza-by-the-slice brand that does best in high-traffic areas. And it is growing nearly a decade after filing for bankruptcy.

Financing

Sardar Biglari takes a big stake in El Pollo Loco

By Jonathan Maze on Aug. 01, 2023

The investor, whose Biglari Holdings owns Steak n Shake, has acquired 9.1% of the shares of the chicken chain in his latest “passive” investment.

Financing

Here’s where McDonald’s could add the most locations

By Jonathan Maze on Jul. 31, 2023

The Bottom Line: An analysis of the burger giant’s locations shows that its biggest opportunity to add more restaurants may not be in the Southeast.

Operations

A look inside Chick-fil-A's planned new prototypes

By Jonathan Maze on Jul. 28, 2023

The chicken-sandwich chain plans to open two new prototypes targeted at takeout customers, including one of them with a four-lane drive-thru under a second-story kitchen.

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