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Financing

Staying open longer isn’t always the best idea

 By Jonathan Maze on Apr. 20, 2022

The Bottom Line: Chick-fil-A and First Watch, two different chains, have proven that concepts can be successful by limiting their hours. Here’s why.

Emerging Brands

Wawa plans to double footprint, open more drive-thrus

 By Joe Guszkowski and Greg Lindenberg on Apr. 20, 2022

The c-store chain known for its food expects to reach about 1,800 locations by the end of the decade, its CEO said.

Marketing

Hooters tries to woo a new demographic with a double marketing deal with golfers John Daly and his son

By Heather Lalley on Apr. 20, 2022

Marketing Bites: A standard partnership deal plus a name-image-likeness sponsorship with the college-aged Daly are on tap for the sports bar chain. Plus, more marketing news of the week.

Technology

Just Eat Takeaway is exploring a sale of Grubhub

By Joe Guszkowski on Apr. 20, 2022

The European delivery provider said it might sell the company less than a year after buying it for $7.3 billion.

Financing

Netflix and Grubhub show consumers are shifting back to normal

By Jonathan Maze on Apr. 20, 2022

The Bottom Line: News that the streaming service lost subscribers last quarter, and the latest sale discussions involving the delivery firm, show consumers are leaving the house a lot more.

Workforce

McDonald’s will reward employees based on customer shout-outs

By Jonathan Maze on Apr. 20, 2022

Under the company’s “Thank You Crew” initiative, franchisees provide personalized “surprise and delight” rewards to employees who do everything from providing extra special service to saving a customer’s life.

Leadership

Whataburger names Peggy Rubenzer its chief people officer

By Jonathan Maze on Apr. 20, 2022

She has more than 30 years of human resources experience, most recently with True Food Kitchen.

Financing

Inflation has the middle class already planning restaurant cutbacks, study finds

By Peter Romeo on Apr. 20, 2022

A survey of middle-income households shows 57% anticipate buying fewer takeout and dine-in meals.

Technology

Chipotle creates a $50 million fund to invest in early-stage tech companies

By Heather Lalley on Apr. 19, 2022

The burrito chain’s new Cultivate Next fund, financed solely by Chipotle, will boost young firms that could “possibly revolutionize the restaurant industry,” the fast casual said.

Leadership

Papa John’s names Joe Sieve chief restaurant officer

By Jonathan Maze on Apr. 19, 2022

The former Inspire Brands executive will oversee franchise-operations support and company-owned restaurants at the pizza chain.

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