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Financing

Pricing has driven restaurant sales growth for the past 2 years

 By Jonathan Maze on Jul. 19, 2024

The Bottom Line: Restaurant sales have grown for most of the past two years. But they haven't kept pace with menu price inflation, suggesting the industry is saturated again.

Workforce

NLRB backs away from its push for a broadened joint employer standard—for now

By Peter Romeo on Jul. 19, 2024

The regulatory agency disclosed Friday that it will not challenge a court ruling that knocked down the redefinition.

Technology

Tech outage shuts down Starbucks' order-ahead function

By Peter Romeo and Jonathan Maze on Jul. 19, 2024

The coffee shop chain's mobile ordering system was not functional on Friday and some stores even shut down amid a global outage by Microsoft and the cybersecurity company CrowdStrike.

Financing

Starbucks is reportedly getting an activist investor

By Jonathan Maze on Jul. 19, 2024

Elliott Investment Management is apparently pushing the Seattle-based coffee shop chain to make changes, according to multiple media reports.

Food

Taco Bell takes to the street with latest menu launch

By Patricia Cobe on Jul. 18, 2024

After a successful test in October, Cheesy Street Chalupas roll out Thursday for a limited time.

Financing

Domino's strong U.S. sales are not enough to satisfy Wall Street

By Jonathan Maze on Jul. 18, 2024

The company’s same-store sales rose 4.8%, thanks to profitable traffic growth, but its stock plunged amid issues with one of its global operators.

Financing

With Chuy's deal, Olive Garden's owner sees a chance to get broader and younger

By Joe Guszkowski on Jul. 18, 2024

The challenge for Darden Restaurants will be turning the regional full-service Mexican chain into a bigger player.

Financing

How Domino's upgraded loyalty program helps it win market share again

By Jonathan Maze on Jul. 18, 2024

The pizza chain is thriving again, generating more traffic, thanks to changes made in Domino’s Rewards last year.

Marketing

Good thing Paul McCartney didn't live to see these restaurant tales take hold

By Peter Romeo on Jul. 18, 2024

Restaurant Rewind: The industry has dealt with its share of ridiculous myths over the years. Here's a look at some of the outrageous lies that were eventually swatted down.

Operations

Starbucks inks a deal to install 100 more EV chargers, mostly along the West Coast

By Peter Romeo on Jul. 18, 2024

The devices will be installed along the I-5 corridor under a deal with Mercedes-Benz. When those chargers are up and running, the coffee chain would sport chargers at 1,000 units in total.

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