News

Financing

Chili’s to push value with first TV ads in more than 3 years

By Joe Guszkowski on Feb. 01, 2023

With sales (and prices) on the rise, the chain is turning its attention to traffic by promoting a $10.99 meal deal.

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.

Premium

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

Subway’s late cofounder donates his half of the chain to his foundation

By Jonathan Maze on Feb. 01, 2023

Dr. Peter Buck, who cofounded the chain with Fred DeLuca, left his 50% ownership in the company to the charity he and his wife started more than 20 years ago.

Financing

Restaurant rent delinquencies fell sharply in January

By Peter Romeo on Feb. 01, 2023

But nearly 4 of 10 still couldn't afford to pay their landlords in full, according to a survey. And the struggle got harder for minority-owned small businesses.

Food