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News

Financing

Chipotle stock soars as digital sales boost results

The company is testing a mobile order drive-thru lane called “Chipotlane” as it works to keep building digital orders.

Financing

Papa John’s wants to bring its founder along for its comeback

Speaking on CNBC, CEO Steve Ritchie said the chain hopes John Schnatter will benefit from its turnaround, says RB’s The Bottom Line.

Financing

Pie Five closes more locations

By Jonathan Maze on Feb. 06, 2019

But its sister chain Pizza Inn has now recorded eight straight quarters of same-store sales growth.

Financing

Why merger mania has hit the restaurant industry

By Jonathan Maze on Feb. 06, 2019

In this episode of "A Deeper Dive," a trio of experts from investment banking firm PJ Solomon discuss why restaurants are consolidating so much.

Leadership

Starbucks COO elected to Amazon’s board

By Heather Lalley on Feb. 05, 2019

Rosalind Brewer becomes the online retailer’s second African-American woman board member.

Operations

Panera’s pay-what-you-can experiment ends

By Heather Lalley on Feb. 05, 2019

The soup and sandwich chain plans to close its last Panera Cares store, saying it “is no longer viable.”

Leadership

What’s the hardest thing Howard Schultz has ever done?

By Heather Lalley on Feb. 05, 2019

The former Starbucks CEO, who recently announced a possible White House bid, says that decision has been the toughest—not his years spent building the coffee giant.

Operations

Topgolf jumps aboard the esports bandwagon

By Jonathan Maze on Feb. 05, 2019

The Dallas-based chain announced a partnership with Super League Gaming to bring events to its locations.

Marketing

KFC’s latest concoction: A Colonel Sanders bearskin rug

By Jonathan Maze on Feb. 05, 2019

The chicken chain will let consumers win the rug in a Reddit creativity contest.

Financing

Papa Murphy’s stock soars after sales, profits beat expectations

By Jonathan Maze on Feb. 04, 2019

The company said its sales turned positive for the first time in 37 months.