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Financing

KFC to acquire 200 restaurants in the UK from a franchisee

 By Jonathan Maze on Dec. 06, 2023

The chicken chain says that the deal will help it accelerate its growth in the United Kingdom and Ireland.

Financing

McDonald's wants 50,000 restaurants by 2027

 By Jonathan Maze on Dec. 06, 2023

The burger giant plans to rapidly speed its unit growth in the coming years while it uses Google Cloud technology to connect restaurants and improve operations.

Food

Carrabba's Sandwich Bistro targets office and meeting catering to expand off-premise business

By Patricia Cobe on Dec. 06, 2023

The Italian casual-dining brand’s new offshoot has a dedicated menu apart from the chain’s regular catering lineup.

Financing

Check out McDonald's new concept, CosMc's

By Jonathan Maze on Dec. 06, 2023

The fast-food giant says plans to open its drive-thru beverage brand in Illinois this month, with nine more in Texas by the end of 2024.

Operations

White House calls falafel shop protest antisemitic and 'unjustifiable'

By Lisa Jennings on Dec. 05, 2023

As restaurants continue to be caught in the war-related political crossfire, the latest incident at Philadelphia's Goldie prompted a high-level response.

Financing

Brands shift their attention back to smaller operators

By Jonathan Maze on Dec. 05, 2023

The Bottom Line: While plenty of franchises like Subway still want large-scale franchisees, there is a movement to keep their sizes down.

Financing

DoorDash says it will raise fees for NYC restaurants to cover a big pay hike for drivers

By Peter Romeo on Dec. 05, 2023

The delivery service is making several policy changes after giving drivers in New York City a raise to $29.93 per hour.

Beverage

Panera Bread's Charged Lemonade blamed for second death

By Lisa Jennings on Dec. 05, 2023

The family of Florida resident David Brown filed a lawsuit Monday saying the fast-casual chain neglected to warn vulnerable consumers about caffeine levels in the beverage.

Food

Taco Bell comes to the rescue of exam-cramming college students

By Patricia Cobe on Dec. 05, 2023

Just in time for finals week, fans can get a Taco Bell SOS Kit delivered to their dorm room, designed to be eaten in bed.

Operations

Don't even think about asking these restaurant operators to bend the rules

By Peter Romeo on Dec. 05, 2023

Restaurant Rewind: Some of the most successful chains in the restaurant business have forgone huge increases in business by refusing to make a particular change. Here’s a sampling of the brands that have held firm.

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