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News

Leadership

Chili’s hires advertising veteran Jesse Johnson as VP of marketing

 By Joe Guszkowski on Jan. 17, 2023

The former Wieden+Kennedy director will take on the newly created role as Chili’s ramps up its marketing efforts.

Technology

Olo COO Nithya Das to step down

 By Joe Guszkowski on Jan. 17, 2023

Das, who is also the tech company’s chief legal officer and corporate secretary, will leave at the end of March. Her replacement was not named.

Financing

Sean Kennedy on California’s Fast Act

By Restaurant Business Staff on Jan. 13, 2023

Working Lunch: The EVP of public policy for the National Restaurant Association joins the podcast to discuss the legal situation with the controversial law.

Financing

Nelson Peltz opts not to buy Wendy’s as the company reorganizes

By Jonathan Maze on Jan. 13, 2023

The burger chain’s largest shareholder and chairman opted not to seek a deal for the company. Kurt Kane, the burger chain's U.S. president, is leaving as part of a broad corporate restructuring.

Financing

Portillo’s learns its opening lesson

By Jonathan Maze on Jan. 13, 2023

More ICR tidbits: The Italian beef and hot dog chain shows why soft opens are important; some skepticism on the Red Robin grills plan; El Pollo Loco wants more kids and an unexpected interruption.

Financing

Making sense of In-N-Out’s Tennessee play

By Jonathan Maze on Jan. 13, 2023

The Bottom Line: The closely held burger chain’s decision to open a corporate hub in Tennessee, where it has no units, is a head scratcher. But there are good business reasons for the move.

Operations

Freeze on California’s Fast Act to remain in place

By Lisa Jennings on Jan. 13, 2023

In victory for restaurant industry groups hoping to kill the new law, an injunction is granted to keep the measure on hold until referendum petition signatures can be counted.

Operations

John Cywinski named CEO of Modern Restaurant Concepts

By Lisa Jennings on Jan. 12, 2023

The former president of Applebee’s has taken the helm of the Los Angeles-based parent to Qdoba, Lemonade and Modern Market Eatery.

Financing

Subway wades into a difficult M&A market

By Jonathan Maze on Jan. 12, 2023

The Bottom Line: Sale processes like the one the sandwich giant is apparently planning do not come very often. That doesn’t mean a sale is a slam dunk. And $10 billion may be tough to get.

Financing

Dutch Bros has a solution to its long lines, but not the one investors want

By Jonathan Maze on Jan. 12, 2023

The drive-thru beverage chain is taking a page out of Domino’s playbook and building more locations to ease capacity restraints. But Wall Street is not entirely convinced.

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