News

4 tech stars from restaurants' third quarter

By Joe Guszkowski on Nov. 06, 2023

These investments may not be flashy, but chains say they're getting the job done.

Clover Food Lab, once a hot concept, declares bankruptcy

By Jonathan Maze on Nov. 06, 2023

The 12-unit Massachusetts plant-based chain sought debt protection after sales didn’t recover as expected and financing froze just as it kicked off expansion plans.

Operations

Outback sales fall against 'softer backdrop'

By Joe Guszkowski on Nov. 03, 2023

The chain saw a marked slowdown after Labor Day and is planning to ease up on price increases to give consumers a break.

Operations

Potbelly consumers are 'hanging in there,' says CEO

By Lisa Jennings on Nov. 03, 2023

The Chicago-based sandwich chain reported same-store sales up 8%, driven by traffic. That momentum is expected to continue into Q4.

Financing

Wendy's convinces franchisees to open more restaurants

By Jonathan Maze on Nov. 03, 2023

The burger chain said its incentive programs are convincing more operators to build locations, an important goal for a company intent on unit growth.

Leadership

Wild Eggs and Eggs Up Grill name new executives

By Reyna Estrada on Nov. 03, 2023

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

Financing

Burger King keeps closing weaker restaurants

By Jonathan Maze on Nov. 03, 2023

The burger chain is intent on “cleaning” its asset base, closing weaker stores and remodeling others in a key part of its comeback plan.

Workforce

Restaurant hiring declines in October

By Peter Romeo on Nov. 03, 2023

Eating and drinking places lost about 7,500 jobs in October, according to the federal government, with hiring across all industries decelerating significantly. But the unemployment rate remained at 3.9%.

Technology

DoorDash warns non-tippers that orders might take longer

By Joe Guszkowski on Nov. 03, 2023

The company said drivers tend to reject orders that don’t include tips, so it’s testing out a reminder for customers.

Beverage

NYC looks to mandate sugar warnings from chain restaurants

By Peter Romeo on Nov. 02, 2023

A bill passed Thursday by the City Council will require alerts to be posted on menus and menu boards next to items containing what officials determine to be excessive amounts of added sugar.

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