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Financing

James Walker's newest concept is all about the food, and the financials

 By Jonathan Maze on May 13, 2023

The longtime industry executive spearheaded the creation of The Original Hot Chicken by Experiential Brands. And then quickly moved in a new taco concept called Inked Tacos in the same building. But don’t call them a cobrand.

Marketing

Restaurant Business wins 5 gold Azbee Awards for business-to-business journalism

 By Restaurant Business Staff on May 12, 2023

The publication won two overall excellence awards, for Website of the Year and Multi-Platform Package of the Year. It won eight awards overall.

Financing

Casual dining completed its comeback. Now what?

By Joe Guszkowski on May 12, 2023

The segment is generating sales like it’s 2019 again, but it hasn’t shaken pre-pandemic traffic problems. That will make future growth hard to come by.

Emerging Brands

Area 15 Ventures takes full ownership of Daddy's Chicken Shack

By Lisa Jennings on May 12, 2023

The private-equity firm had already made an investment in the buttermilk fried chicken sandwich brand, but now has acquired the remaining equity.

Operations

Will Panda Express be the first $10B 'mom-and-pop'?

By Lisa Jennings on May 12, 2023

Still run by its founders after 40 years, the fast-casual chain dominates its category and sees plenty of runway ahead.

Financing

It could be a while before McDonald's makes its Krispy Kreme test national

By Jonathan Maze on May 12, 2023

Early reports suggest the burger chain’s test of the sale of the doughnuts has been going well. But Krispy Kreme doesn’t have the capacity to serve the entire brand.

Workforce

The tip credit could have a powerful enemy in Chicago's new mayor

By Peter Romeo on May 12, 2023

Working Lunch: Incoming chief Brandon Johnson has plans to push several measures that would have a big impact on restaurants.

Financing

Burger King franchisee Carrols said its profitability improved last quarter

By Jonathan Maze on May 11, 2023

The fast-food burger chain’s largest operator said its same-store sales increased 11.7% in the first quarter, and much of that went to the bottom line.

Food

Chick-fil-A rolls out branded salad dressings on grocery store shelves nationwide

By Patricia Cobe on May 11, 2023

Following a pilot in select markets last year, Chick-fil-A’s dressings are now available at retail to consumers around the country.

Technology

Ready or not, here come the robot drive-thrus

By Joe Guszkowski on May 11, 2023

Tech Check: More chains are using AI voicebots to take orders, believing they’ll help boost efficiency and sales. But is the technology ready for prime time?

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