News

Financing

Labor and commodity costs hammer big Burger King franchisee Carrols

The operator’s dual inflation issues highlight problems restaurants are having in the current environment. But it also sees some improvement.

Emerging Brands

DJ Khaled and Reef team up on Another Wing virtual brand

The delivery-only concept already has 165 locations across three continents thanks to Reef's large and growing kitchen network.

The company plans to co-brand the Granite City and Village Inn concepts to squeeze more revenue out of the breweries. And the mixing and matching doesn't stop there.

The private equity firm has acquired the 250-unit franchisee from Partners Group. Tom Cook, the company’s founder, retains a significant stake.

The Bottom Line: Valuations for fast-food restaurants have taken off this year. But more lenders, and some operators, believe the future is good for full service.

A Deeper Dive: The CEO of Fat Brands, fresh off its latest announced deal, explains how his company is integrating $900 million worth of acquisitions in 14 months.

Deborah von Kutzleben also spent more than two decades at global advertising firm BBDO Worldwide.

The Arizona-based casual-dining concept will use the funding to grow from five units to 30 over the next four years.

The musician whose “All I Want for Christmas is You” has become a holiday staple is helping to market “12 Days of Deals” in December.

The doughnut chain raised prices in September, for the second time this year, to offset its higher costs.

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