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Financing

Ark Restaurants finds today's menu pricing to be a head-scratcher

 By Peter Romeo on Dec. 20, 2022

The multiconcept operator has drastically raised prices, but doesn't know how much more can be passed along.

Marketing

How restaurants used to yell their identities from the rooftop

 By Restaurant Business Staff on Dec. 20, 2022

Restaurant Rewind: Once upon a time, marketing started literally at the top, with a distinctive color and configuration to a concept's roof. Here's how that practice poses a challenge today.

Operations

After tripling in unit count in 2022, Everytable plans to pick up the pace

By Lisa Jennings on Dec. 20, 2022

Another 75 units are planned next year, and the first class of Social Equity Franchisees prepares for ownership.

Financing

Private equity bows out of restaurant chain dealmaking

By Jonathan Maze on Dec. 20, 2022

The year in acquisitions: Strategic deals dominated a weak year for industry mergers and acquisitions. Investment firms remained on the sidelines.

Financing

Why you should not sleep on Insomnia Cookies

By Jonathan Maze on Dec. 20, 2022

The Bottom Line: The late-night treat chain wants to be able to deliver warm cookies to 95% of the U.S. and has the unit economics to justify expansion. But it must first navigate a competitive cookie market.

Financing

Struggling Freshii to be sold to Foodtastic

By Jonathan Maze on Dec. 19, 2022

The healthy fast-casual franchise has agreed to be sold to a growing Canadian restaurant operator for $54 million.

Food

Taste Tracker: Sonic teams up grilled cheese and steak, Wendy’s celebrates bacon and Bonefish Grill toasts winter

By Patricia Cobe on Dec. 19, 2022

Plus holiday specials from TGI Fridays and Black Angus, a new WTF and more menu news of the week.

Technology

Self-service kiosks may finally be ready for prime time

By Joe Guszkowski on Dec. 19, 2022

The 45-year-old technology has emerged as an effective balm for restaurants' nagging labor shortage.

Leadership

KFC U.S. makes some executive changes

By Jonathan Maze on Dec. 19, 2022

Ben Dubost was named chief development officer for the chicken chain and Kate Ward was named chief legal officer.

Operations

A former corporate security officer sues McDonald’s for discrimination

By Jonathan Maze on Dec. 19, 2022

The former VP in charge of executive protection accused the company of retaliating against him after he apparently contradicted the CEO during a public forum. The burger giant said the lawsuit runs “completely afoul of the facts.”

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