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Technology

Postmates secures $300M in venture funding

 By Heather Lalley on Sep. 18, 2018

The investment will be used to expand the delivery service to a majority of U.S. households.

Financing

Luby’s closes 8 units to pay outstanding debt

 By Heather Lalley on Sep. 17, 2018

The multiconcept restaurant operator has expressed concerns about whether it can remain solvent.

Financing

Are remodels hurting McDonald’s sales?

By Jonathan Maze on Sep. 17, 2018

An analyst suggests that keeping restaurants offline while they add kiosks is hurting same-store sales, says RB’s The Bottom Line.

Marketing

Arby’s latest giveaway: A real fast-food tattoo

By Peter Romeo on Sep. 17, 2018

The one-day offer is limited in scope, but maybe that’s beside the point.

Financing

Virtual reality is no escape for Dave & Buster’s

By Peter Romeo on Sep. 17, 2018

The addition of a "Jurassic Park"-themed VR game failed to pull the chain out of its sales and traffic slide.

Financing

Shari's Pies now owns Coco's and Carrows

By Jonathan Maze on Sep. 17, 2018

The two brands were quietly sold over the summer.

Financing

Dickey’s Barbecue Pit closes 113 units

By Jonathan Maze on Sep. 14, 2018

Franchisee closures and terminations led to a decline in store count amid sales challenges at the barbecue chain.

Leadership

Rick Van Warner named CEO of Tijuana Flats

By Peter Romeo on Sep. 14, 2018

The appointment comes after more than a decade with the regional fast-casual brand.

Operations

Starbucks amps up its environmental friendliness

By Heather Lalley on Sep. 14, 2018

The coffee chain expects to save millions in utility bills under its new Greener Stores initiative.

Technology

Firehouse Subs goes national with delivery through Uber Eats

By Jonathan Maze on Sep. 13, 2018

The sandwich chain expects delivery to be in 700 locations by the end of the year.

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