News

Operations

Multi-concept Ark Restaurants is ‘cautiously optimistic’ about the future

The operator of many independent concepts said it expects to be in the black by Q3 after a massive pandemic downturn.

Leadership

Marriott CEO Arne Sorenson dies at age 62

HIs passing comes two weeks after stepping up treatment for pancreatic cancer.

More than 80% of operators said their recovery would be hurt by the higher minimum, with cuts in hours and jobs, according to a National Restaurant Association survey.

Also, a new partnership aims to help put independent restaurants on the map.

The company, preparing a national launch of the product next week, will let customers buy a limited-edition capsule that includes a hoodie and an audio track from producer Tay Keith.

Herb Washington, one of the company’s most prominent Black franchise owners, is accusing the company of forcing him to sell stores to White operators.

The beer subscription will be expanded to all of California, while management gauges the feasibility of a secondary brand called Slow Roast.

The pandemic plunged most chains into survival mode. But now, with widespread vaccinations on the horizon, there’s reason for hope—and innovation.

The company and its owner-operators are still at odds over $70 million worth of technology fees.

The company allows chefs to develop and manage concepts remotely while it takes care of the rest.

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