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Consumer Trends

Consumers now care more about how employees are treated, study finds

 By Peter Romeo on Feb. 02, 2022

Patrons will readily shift their loyalties on the basis of how staffs are handled, particularly on COVID safety issues, according to the findings.

Financing

Here are the real reasons for Domino’s new carryout deal

 By Jonathan Maze on Feb. 02, 2022

The Bottom Line: The company is trying to get back a business that has yet to recover from the pandemic. But there are labor benefits, too.

Financing

5 things to know about Starbucks

By Jonathan Maze on Feb. 02, 2022

The coffee giant is getting more business through convenience channels, is selling more cold beverages and has a thriving loyalty program.

Leadership

Sprinkles names finance vet Allison Schulder CFO

By Heather Lalley on Feb. 02, 2022

Schulder comes to the cupcake chain after previously serving as chief financial officer for True Food Kitchen.

Financing

Union-funded shareholders think McDonald’s didn’t get enough from Steve Easterbrook

By Jonathan Maze on Feb. 01, 2022

Pension funds for Teamsters union members say the company’s $105 million settlement from its former CEO did not go far enough.

Technology

Why some restaurants might want to ditch delivery

By Joe Guszkowski on Feb. 01, 2022

Tech Check: Despite the sales it generates, the service remains unprofitable. In an age of shrinking margins, that's not good.

Financing

People still want to eat inside restaurants

By Jonathan Maze on Feb. 01, 2022

The Bottom Line: National Restaurant Association survey data shows customers have more “pent-up demand” for dining in restaurants than getting takeout.

Technology

Lunchbox raises $50M with contributions from Sweetgreen, DoorDash execs

By Joe Guszkowski on Feb. 01, 2022

With the new funding, the online ordering company will go after big chains and make more acquisitions. It’s also changing its tone on third-party delivery.

Technology

Panera wants you to order at the table

By Heather Lalley on Feb. 01, 2022

Starting Tuesday, diners can sit down at the fast casual and place an order via the chain’s mobile app for dine-in service.

Financing

Restaurant sales expected to increase this year, but volatility will continue

By Jonathan Maze on Feb. 01, 2022

The National Restaurant Association is projecting the industry to generate a record $898 billion in sales this year, according to its State of the Restaurant Industry report. But labor and food cost challenges remain.

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