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News

Financing

HopCat nabs $7M in funding

The Midwestern beer-focused concept is plotting its expansion.

Marketing

Potbelly hopes smaller is better

The sandwich chain has introduced a reconfigured menu with bundled meals and smaller versions of products to get customers to try new things.

After a turnaround year, both of the Dine Brands holdings are looking at ways of increasing off-premise sales, particularly catering, and expanding into new types of markets.

Quick-service giants McDonald’s and Burger King lost out to chains such as Taco Bell and Chick-fil-A last year, says RB’s The Bottom Line.

Shaich’s new investment firm is suing the bakery-cafe chain over a recruitment agreement.

But the company opened its most stores in 20 years last year as operators shift to unit growth.

The company said its sales improved last quarter after it shifted to more price promotions.

Social Monk, an Asian fast casual, is scheduled to open next week, with North Italia set to be acquired in Q3 and Flower Child in 2021.

The company’s strategies will include scanners to improve its speed of service.

An analyst suggests operators are struggling, which is a problem given heavy pizza price competition, says RB’s The Bottom Line.

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