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Technology

Chowly acquires online ordering company Koala

 By Joe Guszkowski on Feb. 01, 2023

The order-integration provider said the deal will bring tech used by big chains to small restaurants.

Financing

Why Capriotti's hoards stuffing every Thanksgiving

 By Jonathan Maze on Feb. 01, 2023

A Deeper Dive: David Bloom, chief development officer for Capriotti’s and Wing Zone, discusses the chains’ recent combination, franchising and food costs.

Financing

Maggiano’s sales soar with help from a booming to-go business

By Joe Guszkowski on Feb. 01, 2023

Off-premise sales are up 81% compared to before pandemic, and they are highly incremental, executives said.

Emerging Brands

Gregg Majewski on Craveworthy’s strategy for building emerging brands

By Lisa Jennings on Feb. 01, 2023

Synergies with Mongolian Concepts are designed to make the economic model work for both new and existing franchisees.

Financing

Red Lobster, private equity, and the problem of asset sales

By Jonathan Maze on Jan. 31, 2023

The Bottom Line: Eight years after Darden sold the seafood chain, it is closing locations, talking about a “turnaround” and seeking rent concessions.

Marketing

How Steak and Ale and Red Lobster invented casual dining

By Restaurant Business Staff on Jan. 31, 2023

Restaurant Rewind: The graybeards are planning comebacks. Here’s how they changed the game 60 years ago.

Financing

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

Financing

NYC restaurants get a break on overdue water bills

By Peter Romeo on Jan. 31, 2023

Businesses that pay all of their delinquent charges will have the interest forgiven.

Technology

Silicon Valley’s CloudChef wants to be the Spotify of food

By Joe Guszkowski on Jan. 31, 2023

The startup founded by three college friends says it can replicate the work of famous chefs, expanding access to one-of-a-kind meals.

Financing

Ruth’s Chris to close its Times Square location

By Joe Guszkowski on Jan. 31, 2023

The steak chain's longtime Manhattan outpost has been hurt by the slow return of office workers.

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