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Food

Panda Express, Del Taco and McAlister's launch non-holiday LTOs

 By Patricia Cobe on Nov. 09, 2023

Taste Tracker: Snooze and Toasted Yolk elevate breakfast; Capriotti’s plays up Thanksgiving; Jimmy John’s embraces pickles; and a smattering of seasonal specials.

Financing

D.C.'s Clyde's group is sued for charging a service fee

 By Peter Romeo on Nov. 09, 2023

A travelers' advocacy group is accusing the multiconcept operation of violating truth-in-pricing rules and wants the surcharge dropped.

Operations

Red Lobster goes overboard with endless shrimp deal

By Joe Guszkowski on Nov. 09, 2023

Owner Thai Union Group said the all-you-can eat shrimp was priced too low, resulting in better traffic but significant losses.

Marketing

Taco John's puts a big marketing push behind its Apple Grande dessert

By Reyna Estrada on Nov. 09, 2023

Marketing Bites: Restaurant chains continue to push holiday promos. Meanwhile, White Castle launches affordable promos and other chains celebrate National Pickle Day.

Financing

Margins soar at Burger King franchisee Carrols, and so does its stock

By Jonathan Maze on Nov. 09, 2023

The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.

Financing

The pandemic is not yet done with restaurants

By Jonathan Maze on Nov. 09, 2023

The Bottom Line: A rash of bankruptcy filings shows that small brands and franchisees continue to deal with the aftermath of the pandemic, three and a half years later.

Consumer Trends

Consumers tighten their restaurant budgets, but mainly on the margins

By Joe Guszkowski on Nov. 08, 2023

Lower-income people are clearly pulling back, while higher earners and families show resilience, according to new data.

Emerging Brands

Wonder partners with Nestlé to grow its B2B business, WonderWorks

By Joe Guszkowski on Nov. 08, 2023

The agreement includes a reported $100 million investment from Nestlé, which will help Wonder bring its unique model to other foodservice operations.

Operations

Steak and Ale to make long-awaited return in April

By Joe Guszkowski on Nov. 08, 2023

After succumbing to bankruptcy in 2008, the casual-dining pioneer will open in Burnsville, Minn., next year.

Consumer Trends

Young workers are skipping lunch more often, a new report finds

By Reyna Estrada on Nov. 08, 2023

ezCater has published its second annual Lunch Report, which reveals that employees, particularly younger workers, are skipping lunch more often, despite the benefits associated with taking a lunch break.

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