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Technology

Grubhub unveils new meal perk for office workers

 By Joe Guszkowski on May 09, 2022

Tech Roundup: The Grubhub Pay Card can be used at home or at work. Also, a mayonnaise-based virtual brand and new products from Nextbite and Toast.

Financing

Carrols pays a big price for Burger King’s challenges

 By Jonathan Maze on May 09, 2022

The Bottom Line: The different stock price performances between Burger King’s parent company and its largest franchisee provide some lessons for large-scale franchisees.

Operations

Merchants push back on soaring swipe fees

By Peter Romeo on May 09, 2022

A third area of inflationary pressure for many restaurateurs are the fees charged for processing guests' credit-card payments. Here's why those costs are rising now, and what merchants are doing to slow the climb.

Workforce

Labor regulator echoes union's accusations that Starbucks is playing dirty

By Peter Romeo on May 09, 2022

A high-level official has leveled several dozen complaints against the coffee giant for its response to the organizing drive.

Emerging Brands

Slutty Vegan gets $25M investment from group that includes Danny Meyer’s Enlightened Hospitality Investments

By Heather Lalley on May 09, 2022

The plant-based burger concept will use the money to beef up its C-suite and fuel its expansion, CEO and founder Pinky Cole said.

Financing

Stocks enter bear territory and restaurants go right with it

By Jonathan Maze on May 09, 2022

Shares of restaurant companies have lost nearly a quarter of their value so far this year amid higher interest rates and recession fears. Winners remain few.

Marketing

Language-learning app Duolingo is set to open a restaurant

By Heather Lalley on May 09, 2022

Duo’s Taqueria, slated to open next month in Pittsburgh, will offer food discounts and freebies if customers can answer a question in Spanish.

Financing

Restaurants continued to add jobs in April

By Jonathan Maze on May 06, 2022

The industry added 43,800 workers last month, continuing its gradual recovery from post-pandemic job losses. But the rate of growth is slowing.

Technology

Reef to lay off 5% of workforce

By Joe Guszkowski on May 06, 2022

The technology company is shrinking to focus more on profitability, with an emphasis on ghost kitchens and parking, its CEO wrote in a letter to employees.

Financing

Pizza chains are losing the battle for drivers to third party delivery companies

By Jonathan Maze on May 06, 2022

The Bottom Line: Pizza chains are struggling to find enough drivers. They are increasingly turning to delivery services, which are not having the same problem.

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