News

Pizza Hut sales surge, despite its dine-in locations

By Jonathan Maze on Oct. 29, 2020

The chain’s sales at takeout and delivery units are on par with its rivals as the company works on closing its old full-service restaurants.

Financing

Taco Bell loses business in the morning but gains it in the drive-thru

By Jonathan Maze on Oct. 29, 2020

The chain has about a third of its breakfast business during the pandemic, but its speedier drive-thrus kept sales growing.

Financing

Corner Bakery sold to Pandya Restaurant group

By Heather Lalley on Oct. 29, 2020

The struggling Roark-owned fast casual has been purchased by the new owner of Boston Market, real estate investor Jignesh Pandya.

Technology

Grubhub sued for adding 150,000 restaurants without permission

By Joe Guszkowski on Oct. 28, 2020

The lawsuit alleges the delivery company used their names and logos illegally and instructed drivers to pretend to be customers when picking up orders.

Food

Panera Bread debuts new menu category fit for pandemic dining

By Heather Lalley on Oct. 28, 2020

The fast-casual chain launched three flatbread pizzas, with plans to add new versions next year.

Financing

Denny's anti-COVID medicine: Resuming 24-hour service

By Peter Romeo on Oct. 28, 2020

The family chain is providing incentives for franchisees to extend their hours.

Technology

Backed by prominent restaurateurs, Lunchbox raises $20M

By Joe Guszkowski on Oct. 28, 2020

The online ordering company's latest fundraise features celebrity chef Tom Colicchio and Planet Hollywood founder Robert Earl.

Financing

What restaurant sectors thrived during the pandemic?

By Jonathan Maze on Oct. 28, 2020

This week’s episode of the RB podcast “A Deeper Dive” features Lorn Davis, from the financial services firm Facteus, to talk about industry metrics in the COVID era.

Financing