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Financing

Will Cava Group be the next Chipotle or the next Noodles & Co.?

 By Jonathan Maze on Jun. 16, 2023

The Bottom Line: The fast-casual Mediterranean chain is the latest to draw enthusiasm from investors hoping they’ve found a company that could come close to Chipotle’s return.

Leadership

Salata and Full Course name new executives

By Reyna Estrada and Lisa Jennings on Jun. 16, 2023

Executive Summary: A roundup of high-level hirings and promotions in the restaurant business includes changes for BurgerFi and Smokey Mo’s BBQ.

Technology

ChatGPT can't flip burgers, but it might be able to sell them

By Joe Guszkowski on Jun. 16, 2023

A new report from McKinsey found that generative AI will be handling half of all work activities in the not-so-distant future. That could include some restaurant tasks.

Financing

Burger King wants a bankrupt franchisee to put its restaurants up for sale

By Jonathan Maze on Jun. 15, 2023

The fast-food burger chain said it would not support a process in which operator Meridian Restaurants emerges from bankruptcy still owning its restaurants, joining with the franchisee's creditors in pushing for a sale.

Workforce

Get ready for a new push to raise wages

By Peter Romeo on Jun. 15, 2023

Reality Check: With housing costs at nosebleed levels, pressure is building to adjust pay rates accordingly.

Financing

Would Domino's ever work with third-party delivery? Maybe

By Jonathan Maze on Jun. 15, 2023

The pizza delivery giant is keeping the door open regarding aggregators such as DoorDash and Uber Eats. The company uses a simple, risk-reward calculation in evaluating whether it makes sense to be on those apps.

Operations

With IPO capital in hand, Cava looks onward to growth

By Lisa Jennings on Jun. 15, 2023

The 263-unit Mediterranean chain plans to reach 1,000 locations across the U.S. by 2032 and sees an opportunity to grow sales with new formats, catering and building loyalty.

Food

How Yogurtland's flavorologists push the envelope on what frozen yogurt can be

By Patricia Cobe on Jun. 15, 2023

President Sam Yoon drives menu innovation and growth to differentiate the frozen yogurt experience.

Workforce

Jury awards former Starbucks manager $25.6M in discrimination case

By Jonathan Maze on Jun. 14, 2023

The former regional manager sued the coffee giant in 2019, saying she was wrongly fired following the arrests of two Black men in one of Starbucks' Philadelphia cafes.

Financing

Chip Wade on how to manage the 'new workforce dynamic'

By Jonathan Maze on Jun. 14, 2023

A Deeper Dive: The CEO of Union Square Hospitality Group joins the podcast to discuss adapting to new customer demand, how to maintain workforce culture and the adjustment since taking the top job.

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