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News

Financing

Kona’s former CEO makes a bid to buy the company

A company operated by Marcus Jundt has a $27 million stalking horse bid to buy the struggling casual-dining chain.

Financing

How restaurants can combat the labor shortage

Kurt Schnaubelt of AlixPartners joins "A Deeper Dive" to discuss the how workforce challenges are affecting industry profits and sales.

Operations

5 political developments restaurants should be watching

By Peter Romeo on May 15, 2019

A handful of state and local proposals could build into major causes for celebration--or concern.

Financing

Burger King is closing more unprofitable locations

By Jonathan Maze on May 15, 2019

The chain believes that replacing low-volume units will bolster the brand’s long-term sales growth.

Financing

Jack in the Box takes itself off the market

By Jonathan Maze on May 15, 2019

The company’s board also backed CEO Lenny Comma and said it plans to refinance its debt and buy back shares.

Leadership

Nathan’s Famous hires James Walker to oversee its restaurants

By Jonathan Maze on May 15, 2019

The former Subway executive will be the company’s senior vice president, restaurants.

Financing

Steak ‘n Shake ordered to pay $7.7M in unpaid overtime

By Jonathan Maze on May 14, 2019

A jury found the company didn’t pay proper wages to nearly 300 managers in the St. Louis market.

Technology

Which restaurant chains are winning with tech-enabled ordering?

By Heather Lalley on May 14, 2019

Consumers rate limited-service restaurants much higher than full-service ones when it comes to integrating technology into ordering, according to Technomic data.

Food

Burger King expands its Impossible Whopper test

By Jonathan Maze on May 14, 2019

The chain is adding the product to three markets, despite supply concerns, ahead of a planned national launch.

Leadership

Former Famous Dave’s COO takes over top post at The Greene Turtle

By Heather Lalley on May 14, 2019

Geovannie Concepcion becomes president and CEO of the 44-unit sports bar chain.

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