News

Operations

Hopdoddy joins the movement to go seed oil-free

The Texas-based burger chain joins Shake Shack in transitioning to a more planet-friendly vegetable oil alternative developed by Zero Acre Farms, which has Chipotle as a backer.

Financing

Restaurant sales showed some surprising strength last month

Restaurant and bar sales are up 9.2% over the past year despite a host of challenges, as consumer spending shows little sign of slowing down.

The Bottom Line: Obesity drugs are expected to become increasingly popular over the next two decades, which could impact the way a large number of consumers use restaurants.

The Florida-based chain acquired two franchise units and is plotting a return to Manhattan. Also, the fries will be improved.

Technomic's Take: Parents and older family members can induce feelings of second-hand nostalgia and FOMO. It's why catering to parents of young children is so important.

Technomic predicts seven industry trends worth watching in its latest report, “What’s in Store for 2024.”

Large language models like ChatGPT have flipped the script for companies like ConverseNow, which uses AI to take restaurants’ phone and drive-thru orders.

Working Lunch: The podcast from public affairs firm Align Public Strategies features a discussion on Biden’s “junk fees” proposal and more on the tip credit.

The chicken sandwich chain’s cookbook, “Extra Helpings,” will include recipes for some of its menu items, including coleslaw and chicken salad.

The Bottom Line: Consumers continue to spend their money on food and entertainment even as the cost for it soars, and they’re spending less on sporting goods and furniture.

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