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Financing

The restaurant chain bankruptcy wave is not over

 By Jonathan Maze on Apr. 14, 2021

As the filing by Golden Corral’s second-largest franchisee demonstrates, filings by big operators and chains could still come even as sales improve, says RB’s The Bottom Line.

Technology

Pizza tech platform Slice raises $40M to continue growth

 By Joe Guszkowski on Apr. 14, 2021

The round included existing investors Cross Creek, KKR and GGV Capital as well as newcomer 01 Advisors, a venture of former Twitter execs Dick Costilo and Adam Bain.

Technology

Pay-at-table startup Sunday launches with $24M seed round

By Joe Guszkowski on Apr. 14, 2021

The company wants to disrupt restaurant payment with QR codes that allow guests to pay faster.

Financing

A growing Papa John’s operator hopes to get more athletes into franchising

By Jonathan Maze on Apr. 14, 2021

Disrupt Foods, cofounded by New Orleans Saints player Malcolm Jenkins, has created a program that will manage athletes' and entertainers’ franchise investments in top fast-food brands.

Workforce

McDonald’s to start requiring anti-harassment training at all its restaurants

By Jonathan Maze on Apr. 14, 2021

The company will require its 39,000 locations to follow a new set of brand standards for a “respectful and inclusive workplace.”

Leadership

Blaze Pizza hires Brad Reynolds as CFO

By Heather Lalley on Apr. 14, 2021

Blaze Pizza hires Brad Reynolds as CFO. Reynolds most recently served as COO of multiconcept ghost kitchen operator C3.

Food

All Fazoli’s locations are now selling chicken wings

By Heather Lalley on Apr. 14, 2021

Fazoli's installed fryers and has made pandemic-popular wings available at all franchised and company-owned locations.

Emerging Brands

Fast-casual chain Meatheads declares bankruptcy

By Heather Lalley on Apr. 14, 2021

But the 13-unit Chicago-based concept's lender is crying foul, calling the filing a "stunt" and arguing the filings were made in bad faith.

Financing

Technomic’s Top 500 ranking shows how bad 2020 was for casual dining

By Peter Romeo on Apr. 13, 2021

Sales plunged by more than a quarter and more than 5% of casual dining chains' units were shuttered as the pandemic put restrictions on dine-in service. Olive Garden is now the sector's biggest chain.

Food

IHOP’s new Bacon Obsession menu feeds fans’ cravings from breakfast through dessert

By Patricia Cobe on Apr. 13, 2021

Family-dining chain IHOP debuts an upgraded bacon comparable to a steakhouse item. The new steakhouse premium bacon is showcased in several new items on IHOP's Bacon Obsession menu.

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