News

Starbucks is creating a sustainability learning and innovation lab

By Reyna Estrada on Jun. 22, 2023

The coffee giant is developing the lab in Costa Rica, near its research and development headquarters. The facility will be designed to help develop sustainable production practices.

Workforce

Work in restaurants? John Fraser wants to invite you to dinner

By Lisa Jennings on Jun. 22, 2023

The chef is opening a table at any of his restaurants for members of the hospitality industry to dine at a significant discount. The goal: to build community and camaraderie.

Financing

MGG Investment Group invests in Shari's Restaurants

By Jonathan Maze on Jun. 21, 2023

The investment firm invested in the chain’s 42 Oregon locations, where the restaurants operate video lottery games.

Technology

Survey shows strong restaurant support for NYC delivery fee cap

By Joe Guszkowski on Jun. 21, 2023

Nine out of 10 restaurants say they need the cap in order to remain profitable, according to a study by the New York City Hospitality Alliance.

Technology

Toast adds a 99-cent fee for customers who order online

By Joe Guszkowski on Jun. 21, 2023

The fee on orders of $10 or more is intended to help Toast cover its own costs as it aims to become EBITDA profitable this year.

Technology

Lab-grown chicken OK'd for sale in the U.S.

By Peter Romeo on Jun. 21, 2023

The three approved suppliers have celebrity chefs lined up to introduce cultured poultry to the American consumer.

Financing

How innovation and nostalgia are working for Pizza Hut

By Jonathan Maze on Jun. 21, 2023

A Deeper Dive: David Graves, president of Pizza Hut U.S., joins the restaurant finance podcast to talk about the chain’s comeback efforts, including its Melts sandwiches and customers' nostalgia for the brand.

Premium

Financing

A labor-saving effort by Clean Juice puts its franchisees in a bind

By Jonathan Maze on Jun. 21, 2023

The fast-growing juice chain sold franchises on its idea of house-made, cold-pressed juice. But last year the company shifted to a pre-bottled option. Franchisees say it revealed long-held problems with the brand.

Food