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Restaurant Business

Financing

Cava Group says it might go public

The fast-casual chain, which operates Cava Grill and Zoe's Kitchen, has confidentially filed SEC documents for an initial public offering.

Financing

Feds charge McDonald’s and its former CEO over his 2019 termination

The SEC said Steve Easterbrook made false statements regarding the nature of his firing and charged McDonald’s over public disclosure violations. Easterbrook was fined $400,000. The burger giant escaped financial penalties due to its cooperation.

As grazing boards continue to grow on menus, operators have the chance to earn incremental purchases and boost check averages.

The Bottom Line: The late-night treat chain wants to be able to deliver warm cookies to 95% of the U.S. and has the unit economics to justify expansion. But it must first navigate a competitive cookie market.

Flitman, who left the distributor's arch-rival in 2018, will assume the top job on Jan. 5.

Take a break from worrying about sales and staffing to indulge in some entertainment. Here are some viewing options with particular appeal for operators.

The five-unit chain hopes to more than quadruple its footprint over the next few years.

Reality Check: Technology's big payback isn't eliminating jobs, it's making current job holders happier.

When strategizing for fall and winter promotions, restaurants should be sure to include sports programming in their offerings. Happy hour deals may draw people in, but quality programming on televisions will encourage guests to indulge in more appetizers and another round (or two) and more.

Employees say the Fast Act would give them more power over wages and working conditions. But restaurant operators argue that unions would be pulling the strings.

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