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Financing

A federal court reinstates a lawsuit alleging Sysco shorted restaurants on chicken deliveries

 By Peter Romeo on Dec. 11, 2023

The revived lawsuit charges the distributor from under-filling 40-pound cartons of chicken. It asks that the suit be certified as a class action.

Operations

Shake Shack's C-suite will look different for the next phase of growth

 By Lisa Jennings on Dec. 11, 2023

The chain was already looking for a new COO. Now the search is on for a new CEO. If an activist investor has its way, the leaders will have strong operational experience in limited service.

Leadership

Walk-On's and Firebirds Wood Fired Grill name new executives

By Reyna Estrada and Lisa Jennings on Dec. 08, 2023

Executive Summary: A roundup of high-level hirings and promotions in the restaurant business includes changes for Red Robin.

Financing

Domino's regains its momentum

By Jonathan Maze on Dec. 08, 2023

The pizza chain is regaining delivery customers as profitability improves, thanks to better operations, staffing and higher prices. It is now focused on accelerating growth worldwide.

Operations

Chipotle helps its smaller suppliers find access to capital

By Lisa Jennings on Dec. 08, 2023

Planning to double in unit count, the fast-casual chain needs its suppliers to grow too. A unique partnership with digital platform Bridge is designed to open doors for potential financing.

Workforce

Starbucks urges baristas' union chief to restart contract negotiations, this time with a deadline

By Peter Romeo on Dec. 08, 2023

The chain has asked Starbucks Workers Union to push through disagreements on the format of negotiations and bang out all contracts by 2025.

Financing

Big restaurant chains get aggressive on unit growth

By Jonathan Maze on Dec. 08, 2023

The Bottom Line: Yum Brands, McDonald’s and Domino’s are all making a big push to accelerate growth. Most of it will come outside the U.S. But they have domestic plans, too.

Financing

Restaurants find unlikely allies in the push to roll back credit card fees

By Peter Romeo on Dec. 08, 2023

Working Lunch: A newly formed alliance includes parties that are usually opposed to the industry on political matters.

Financing

With CosMc's, McDonald's shows its risk-taking side

By Jonathan Maze on Dec. 08, 2023

The Bottom Line: The first unit of McDonald’s opened to long lines in its first two days. The concept proves that the company can get attention. And it’s willing to take some chances.

Financing

Chris Kempczinski changes his tune on restaurant automation

By Jonathan Maze on Dec. 07, 2023

The Bottom Line: While noting that humans will continue to drive restaurants, the McDonald’s CEO notes that the calculus on automation gets closer as labor costs soar.

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