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Operations

A no-frills steak concept takes simplicity to the extreme

 By Joe Guszkowski on Nov. 17, 2023

Five-unit Medium Rare serves one item for one price. “It’s boring,” admits co-founder Mark Bucher, but it works.

Consumer Trends

How consumers and restaurants are changing Thanksgiving this year

 By Patricia Cobe on Nov. 17, 2023

Menu prices are up. Restaurant traffic is down. And grocery inflation is easing. How will Turkey Day 2023 shape up?

Operations

Tijuana Flats founder launches what he hopes will be the Raising Cane's of Tex-Mex

By Lisa Jennings on Nov. 17, 2023

Brian Wheeler and son Jake Wheeler debuted the fast-casual Big Taco, with a simplified menu and an emphasis on service.

Financing

Fast-food chain customers are getting sticker shock

By Jonathan Maze on Nov. 17, 2023

Limited-service prices continue to rise faster than inflation and are up 30% since 2019. That has more customers thinking their fast-food visit isn’t worth it.

Leadership

Checkers and Cousins Subs name new executives

By Reyna Estrada and Joe Guszkowski on Nov. 17, 2023

Executive Summary: A roundup of high-level job changes in the restaurant business includes a new executive for Texas Roadhouse.

Financing

For all their challenges, restaurant operators remain optimistic

By Jonathan Maze on Nov. 17, 2023

The Bottom Line: Two-thirds of franchisees told TD Bank that they are optimistic about the future of the restaurant industry and more than half expect higher traffic next year.

Financing

Welcome to a tough new normal

By Jonathan Maze on Nov. 16, 2023

The Bottom Line: Attendees and speakers painted an anxious picture of the operating environment at the Restaurant Finance and Development Conference. Here’s why that might be here for a while.

Operations

Taco Bell tests idea of winning breakfast with tots

By Lisa Jennings on Nov. 16, 2023

Breakfast Tater Tots topped with scrambled eggs and bacon or sausage debut at units in Chicago as LTO.

Financing

Remodels are a source of sales, and tension, in franchise systems

By Jonathan Maze on Nov. 16, 2023

The Bottom Line: Remodel requirements can be vital for brands to generate sales. But they can create financial problems for franchisees when not done right.

Food

Local Kitchens' partnerships help existing restaurants grow and new ones start up

By Patricia Cobe on Nov. 16, 2023

Co-founder Andrew Munday collaborates with chefs and small independents to offer unique dining experiences under one roof.

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