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News

Marketing

Grubhub’s free lunch promo was a hot mess

 By Heather Lalley on May 18, 2022

Marketing Bites: An apparent lack of communication and preparation turned the delivery app’s promo into a pro-don’t, Pizza Hut gets into the metaverse and more marketing news of the week.

Financing

As grocery prices take off, restaurants’ sales improve

 By Jonathan Maze on May 18, 2022

The Bottom Line: Sales at restaurants and bars are now at a higher percentage of Americans’ food dollar than they’ve ever been. They can thank higher grocery prices for that.

Leadership

Wyman Roberts’ career in food has been all about people

By Joe Guszkowski on May 18, 2022

The outgoing CEO of Brinker International reflects on his impact over 17 years at the Chili’s and Maggiano’s parent.

Financing

Another bad day on Wall Street roughs up restaurant stocks

By Jonathan Maze on May 18, 2022

Stocks plunged once again amid economic worries after Target reported poor results. Restaurant stocks were hit particularly hard.

Leadership

Donatos names Steven Graves chief information officer

By Heather Lalley on May 17, 2022

Graves will be responsible for digital growth and other initiatives at the pizza chain.

Financing

When chains go from sizzle to fizzle

By Peter Romeo on May 17, 2022

Restaurant Rewind: Dutch Bros’ stock price dropped 37% in a day last week. It’s far from the only public restaurant chain to go from an investor darling to a source of Wall Street consternation in one trading day. This week’s edition looks at two other examples.

Financing

McDonald’s Russia closure is a rare international setback

By Jonathan Maze on May 17, 2022

The Bottom Line: The burger giant has flourished in international markets even as its U.S. growth slowed. But its $1.4 billion decision to pull out of the market demonstrates the risk of global expansion.

Technology

Grubhub overwhelmed after offering New Yorkers free lunch

By Joe Guszkowski on May 17, 2022

The company’s app and website crashed on Tuesday due to “unprecedented” demand during the three-hour promotion.

Financing

Restaurants need one voice in a post-RRF world

By Peter Romeo on May 17, 2022

Reality Check: The Independent Restaurant Coalition needs to become part of the National Restaurant Association.

Operations

Wingstop wants to raise its own chickens

By Heather Lalley on May 17, 2022

The wing chain said Tuesday that it is actively exploring acquiring or building its own “poultry complex” in the next two to three years, to mitigate pricing volatility in its core commodity.

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