News

How Sip Fresh is refreshing the beverage segment with mixology-inspired juice drinks

By Patricia Cobe on Sep. 21, 2023

Founder and CEO Sharon Arthofer employs trained “sipologists” and “sipistas” at each location to create and serve the elevated beverage menu.

Financing

Will Subway make Roark Capital too dominant? Not really

By Jonathan Maze on Sep. 21, 2023

The Bottom Line: The addition of the sandwich giant will make Roark a bigger player than McDonald's in the U.S. But its position in the sandwich market will not be all that unusual.

Financing

Ruth's Chris acquisition already paying off for Darden

By Joe Guszkowski on Sep. 21, 2023

Adding the steakhouse chain to its portfolio will unlock $35 million in synergies and savings per year for the company, $15 million more than expected.

Operations

Taco/Social to debut in LA with seasoned investors from Blaze Pizza, Dog Haus and Gus's BBQ

By Lisa Jennings on Sep. 21, 2023

This is what happens when a great location presents itself and a group of friends, who are also restaurant operators, pool their talents.

Operations

Former Wonder exec named president of Kernel Foods

By Lisa Jennings on Sep. 21, 2023

Chipotle founder Steve Ells' new automated concept Kernel is expected to debut this fall in Manhattan.

Operations

Olive Garden owner says customers are 'resilient' but 'more selective'

By Joe Guszkowski on Sep. 21, 2023

Some are opting for less-expensive wines and entrees, executives said during a wide-ranging earnings call that also touched on student loans, California’s wage bill and Ozempic.

Workforce

Dine Brands' new parental leave policy was employees' idea

By Joe Guszkowski on Sep. 21, 2023

The perk for new parents came from Women at Dine, one of the company’s staff resource groups. “The idea made great sense,” said new Chief People Officer Sarah Cannon-Foster.

Financing