News

Financing

Pie Five hopes a new prototype restarts its growth

The chain, which closed another five units last quarter, is about to open a new, cheaper “Goldilocks” prototype.

Leadership

McDonald’s Chief Restaurant Officer Doug Goare to retire

The company is also reshuffling its business organization to oversee a more franchised business.

Challenges have hit onetime growth chains such as Taylor Gourmet, LYFE Kitchen and Noon Mediterranean, says RB’s The Bottom Line.

The company's Pizza Portal works with the chain’s mobile app for pickup orders.

The 19-unit chain closed all of its restaurants and reportedly plans to file for Chapter 7 bankruptcy.

“We must increase the velocity of innovation,” the coffee chain’s CEO wrote in an internal memo.

Heavy hiring by retailers is a good sign, but it could also stress an already tight labor pool, says RB’s The Bottom Line.

The three-unit brand is bought by Chicago-based L3 Hospitality Group, a former franchisee.

Not even diet soda can be featured as the default option, which will now have to be water or milk.

Overseer of the state's pension fund, a major shareholder, says the burger chain isn’t following rivals’ lead on chicken treatment.

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