News

Jack in the Box has apparently sold a lot of its new Smashed Jack burgers

By Jonathan Maze on Jan. 09, 2024

The company’s burger has easily outdistanced expectations, to the point that it expects to run out of supplies next week.

Leadership

Cooper’s Hawk exec named CEO of MOD Pizza

By Lisa Jennings on Jan. 08, 2024

Beth Scott replaces co-founder Scott Svenson in the role. He is shifting to an executive chair position.

Food

Dave's Hot Chicken adds cauliflower sliders and bites to permanent menu

By Patricia Cobe on Jan. 08, 2024

The fast-growing chain expands its core menu for the first time since its start as a parking lot pop-up seven years ago.

Financing

Las Vegas operator is sent to prison for under-reporting sales

By Peter Romeo on Jan. 08, 2024

Raul Gil, the proprietor of three Casa Don Juan restaurants, was also found guilty of drafting bogus financial records to support his inaccurate tax filings.

Financing

Papa Johns plans more marketing and more locations

By Jonathan Maze on Jan. 08, 2024

The pizza delivery chain’s franchisees will increase their marketing contributions while the brand plans to add a new incentive to encourage new units. But it is also increasing its supply charges.

Food

Taco Bell welcomes 2024 with new Cravings Value Menu

By Patricia Cobe on Jan. 08, 2024

The menu offers 10 items priced at $3 or less, including several options for vegetarians and flexitarians.

Premium

Financing

TGI Friday's closures continue the bar & grill sector's long decline

By Jonathan Maze on Jan. 08, 2024

The Bottom Line: The chain has been struggling in the U.S. for years as domestic consumers shift spending away from traditional bar & grill chains.

Financing

Dutch Bros overhauls management as it plans more aggressive unit growth

By Jonathan Maze on Jan. 08, 2024

The drive-thru beverage chain named a trio of new executive hires under new CEO Christine Barone. It plans continued aggressive growth but is tweaking that strategy to be more thoughtful.

Operations