Continue to Site >>>

News

Financing

Popeyes takes on China

 By Jonathan Maze on Aug. 22, 2023

The chicken chain drew long lines to its opening in Shanghai over the weekend as it works to take on behemoth KFC in the massive market.

Food

Wendy's gives guests 'a nacho platter in one burger bite' with new cheeseburger

 By Patricia Cobe on Aug. 22, 2023

The craveability of nachos inspired Chefs John Li and Jay Drumm to create the Loaded Nacho Cheeseburger and Queso Fries.

Operations

Veggie Grill has closed 12 restaurants in 'right sizing' of portfolio

By Lisa Jennings on Aug. 22, 2023

The remaining 17 units will focus on revitalization and menu innovation. CEO and co-founder T.K. Pillan said the plant-based movement has been "over-hyped" and is now becoming "normalized."

Consumer Trends

Americans remain torn on tipping etiquette

By Joe Guszkowski on Aug. 22, 2023

There are still different views on how much to give baristas, delivery people and even servers, according to a Bank of America survey.

Financing

The 10 biggest restaurant chain acquisitions

By Jonathan Maze on Aug. 22, 2023

Subway appears to be on the verge of completing the third-largest chain acquisition by value in history. Here are a look at the 10 biggest, at least until that one is complete.

Financing

In Bloomin' Brands, Starboard finds its next undervalued target

By Jonathan Maze on Aug. 21, 2023

The Bottom Line: The activist investor, who shook up Darden and helped get Papa Johns back on its feet, may be just what the doctor ordered for one of the most overlooked restaurant companies on Wall Street.

Operations

Listeria-contaminated milkshakes kill 3 in Washington, health officials report

By Peter Romeo on Aug. 21, 2023

Three other patrons of a Frugals fast-food restaurant in Tacoma were hospitalized but survived, the state said. The listeria was found in ice cream machines.

Operations

How John Cywinski plans to grow Qdoba Mexican Eats and Modern Market

By Lisa Jennings on Aug. 21, 2023

The CEO of Qdoba-parent Modern Restaurant Concepts is borrowing from the playbook used during his leadership at Applebee's and KFC. The first step, however, was selling the Lemonade brand.

Food

New pork rules could affect more than the cost of chops and ribs

By Peter Romeo on Aug. 21, 2023

Working Lunch: The strategy that changed what items can be sold in California, Massachusetts and New Jersey could be refocused on other protein sources, driving up the cost of beef and poultry.

Financing

Subway is apparently nearing a sale

By Jonathan Maze on Aug. 21, 2023

Roark Capital is reportedly close to a $9.6 billion acquisition, though a source said that the process remains “very competitive and fluid.”

  • Page 154