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News

Operations

Chinese restaurants shift from most-closed to fastest reopeners

 By Peter Romeo on May 26, 2020

A surge in restarts has 74% of the segment back in business.

Financing

Peet’s parent sets terms for its European IPO

 By Jonathan Maze on May 26, 2020

The coffee chain, which late last year was merged with fellow JAB Holding-owned Jacobs Douwe Egberts, would be worth more than $17 billion.

Financing

With delivery demand surging, Domino’s sales take off

By Jonathan Maze on May 26, 2020

U.S. same-store sales are up 14% so far this quarter, including 21% the past four weeks, as consumers stay in and order pizza.

Operations

Is Boston Market ready for its next act?

By Heather Lalley on May 26, 2020

With a new owner and a new president, the once-thriving fast casual is working on improving its food with an eye toward future unit growth after decades of shrinkage.

Leadership

Naf Naf Grill names Greg Willman CEO

By Heather Lalley on May 26, 2020

Willman was previously a large Qdoba Mexican Grill franchisee.

Operations

Taco Bell will hire 30,000 workers this summer

By Jonathan Maze on May 21, 2020

The Mexican fast-food chain said it plans to step up its hiring in the coming months.

Financing

Fast-food sales make a comeback, thanks to the drive-thru

By Jonathan Maze on May 21, 2020

As customers have ventured outside again, they have gravitated toward quick-service restaurants, in many cases leading to a quick recovery.

Workforce

COVID-19 gives rise to new restaurant jobs

By Peter Romeo on May 21, 2020

Chains are establishing new roles and responsibilities as dining rooms reopen.

Financing

Court OKs $93M credit bid for CraftWorks’ assets

By Peter Romeo on May 21, 2020

The remains of Logan’s, Old Chicago and the holding company’s other brands will be acquired by CraftWorks’ senior lender.

Financing

Off-premise proves an effective bridge for casual dining

By Peter Romeo on May 21, 2020

Takeout and delivery have helped many of the segment's big brands weather the lockdown of dining rooms. Will that momentum continue?

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