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Technology

Zume Pizza and the folly of trying to replicate Amazon

 By Joe Guszkowski on Jun. 06, 2023

Tech Check: The demise of the former delivery startup shows the dangers of pushing a good idea too far.

Financing

At Subway, a very public auction draws to a close

 By Jonathan Maze on Jun. 06, 2023

The Bottom Line: The company has reportedly narrowed its list of buyers and the price tag is down. But the deal is taking a while to get over the finish line, and here’s why.

Leadership

Taco John's CEO Jim Creel plans to retire at the end of the year

By Jonathan Maze on Jun. 06, 2023

He will end his six-year run at the top of the Cheyenne, Wyo.-based Mexican chain at the end of the year. The company plans a search for Creel’s successor.

Marketing

McDonald's takes another nostalgia trip, this time with Grimace

By Jonathan Maze on Jun. 06, 2023

The burger giant has found a winning formula by tapping into customers’ love of its brands. And so the big purple blob character will be the centerpiece of its marketing starting next week.

Operations

Starbucks considers a wider range of store designs

By Jonathan Maze on Jun. 06, 2023

The coffee giant is contemplating different versions of its traditional drive-thru locations and pickup stores. But it may also try delivery-only units.

Marketing

There’s nothing sweet about the mobile ice cream wars

By Peter Romeo on Jun. 06, 2023

Restaurant Rewind: The Soprano crew has nothing over the combatants in the turf wars over who’ll sell kids their summertime treats.

Emerging Brands

Longtime Applebee's and Panera operator gives Jinya Ramen Bar a try

By Peter Romeo on Jun. 06, 2023

Doherty Enterprises has signed on to bring the Asian concept to the Greater New York City area.

Financing

Cracker Barrel says it's not alone in seeing a 'meaningful' traffic drop-off

By Peter Romeo on Jun. 06, 2023

The chain told financial analysts that economic uncertainty is dampening traffic across the full-service sector, and it isn't certain when the downturn will end.

Financing

Papa Johns signals a shift in its U.K. strategy with 91-store acquisition

By Jonathan Maze on Jun. 05, 2023

The pizza chain is acquiring restaurants from a franchisee, believing that operating its own locations in the market will improve sales over the long term.

Financing

Cava aims for $2.1B valuation with IPO

By Lisa Jennings on Jun. 05, 2023

The Washington, D.C.-based chain priced its shares between $17 and $19, which would raise more than $274 million.

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