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Food

Just Salad, Abuelo's and Perkins freshen up the menu

 By Patricia Cobe on Mar. 28, 2024

Taste Tracker: Taco Bell goes all in on chicken; Culver’s gets a bacon upgrade; shrimp comes to Zaxby’s; and pastels trend at Krispy Kreme and Baskin-Robbins.

Financing

Bob Evans puts itself on the market

 By Jonathan Maze on Mar. 28, 2024

The family dining restaurant chain has hired an investment bank to look for a buyer, after having considered a sale in 2022.

Technology

ChowNow acquires digital order integrator Cuboh

By Joe Guszkowski on Mar. 28, 2024

The online ordering provider for independent restaurants is also laying off a reported 30 people as it absorbs the Cuboh team.

Marketing

Beware the menu fools of April

By Heather Lalley on Mar. 27, 2024

Marketing Bites: April Fools’ Day is nigh, and nary a restaurant chain marketer can be trusted.

Financing

How to modernize a 50-year-old pizza chain

By Jonathan Maze on Mar. 27, 2024

A Deeper Dive: This week’s episode of the RB podcast features Tom Sacco, CEO of the Iowa-based pizza chain Happy Joe’s, on adapting the brand for today’s restaurant diners.

Leadership

BJ's agrees to listen to another activist investor

By Joe Guszkowski on Mar. 27, 2024

The casual-dining chain will take input from PW Partners on how to boost shareholder value. In exchange, PW will withdraw two board nominees.

Leadership

WFF at 35: Progress made, more to accomplish

By Heather Lalley on Mar. 27, 2024

Attendees of this year’s Women’s Foodservice Forum Leadership Conference heralded the advances (and made the business case) for moving women into leadership roles. But there’s still work to do.

Financing

Benihana deal makes The One Group one to watch in full-service dining

By Joe Guszkowski on Mar. 27, 2024

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

Financing

In the Benihana deal, a sign of the restaurant M&A times

By Jonathan Maze on Mar. 27, 2024

The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.

Financing

Minor league baseball players indicted for insider trading on the 2022 Del Taco sale

By Jonathan Maze on Mar. 27, 2024

Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.

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