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Financing

Restaurants join the layoff party

 By Jonathan Maze on Jun. 08, 2023

The Bottom Line: Chipotle’s corporate layoffs follow actions by McDonald’s and Wendy’s, though the companies insist it’s not all about any looming recession.

Consumer Trends

How remote work has changed the restaurant business

 By Joe Guszkowski on Jun. 08, 2023

Big city downtowns may never be the same. But smaller communities are booming, creating new opportunities for operators.

Financing

These are the fast-food chains doing best at beating inflation

By Jonathan Maze on Jun. 08, 2023

The Bottom Line: Among the biggest limited-service chains, Raising Cane’s and Chick-fil-A have performed best over the past decade at growing unit volumes when adjusted for inflation.

Financing

Franchisee Southpaw acquires nearly 40 Taco Bell restaurants in Atlanta

By Jonathan Maze on Jun. 08, 2023

The deal gives the Greenwich, Conn.-based operator 115 of the Mexican fast-food chain's restaurants to go along with 65 Dunkin’ locations.

Operations

Grubhub wants to be the dining option for Homewood Suites guests

By Peter Romeo on Jun. 08, 2023

The delivery service has streamlined the ordering process for guests of the 500-unit Hilton-run chain.

Food

Fuku's new chicken sandwich pays tribute to Pride Month

By Patricia Cobe on Jun. 08, 2023

Every June, David Chang’s fast casual offers a sandwich LTO to support the LGBTQIA+ community. The Sashay Filet Biscuit is the latest.

Financing

Greg Flynn goes global with Australian Pizza Hut acquisition

By Jonathan Maze on Jun. 08, 2023

Flynn Restaurant Group is acquiring 260 locations from Allegro Funds, giving the company its first international investment.

Food

How Ford's Garage's innovative menu and vibe draws guests of all ages

By Patricia Cobe on Jun. 08, 2023

Chef Jessica Tomlinson gives comfort-food favorites scratch-made twists, with an eye toward menu optimization.

Financing

Restaurant executives, mostly, brush off concerns of a downturn

By Jonathan Maze on Jun. 08, 2023

Industry executives are confident in their ability to withstand a recession. But whether they're seeing a consumer shift now depends on who you ask.

Food

Chick-fil-A revisits the grill for its new Maple Pepper Bacon Sandwich

By Patricia Cobe on Jun. 08, 2023

The grilled chicken sandwich is in test starting Monday in two markets, while other menu items roll out nationally for summer.

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