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Technology

Food delivery defies inflation as sales chug along

 By Joe Guszkowski on Aug. 05, 2022

Tech Check: Delivery's growth is still slowing, but not as much as you’d expect given the circumstances.

Financing

Fast food’s next value war will look a lot different

 By Jonathan Maze on Aug. 05, 2022

The Bottom Line: The wars will be fought on mobile phones and in local markets rather than through big national discount deals.

Technology

In Chicago, a virtual restaurant tries bricks-and-mortar

By Joe Guszkowski on Aug. 04, 2022

Tech Check: Moonbowls, which exists mainly online, is venturing into the physical world to give customers another touchpoint.

Financing

In Tim Hortons, Burger King could have a model for a U.S. comeback

By Jonathan Maze on Aug. 04, 2022

The Bottom Line: While the two chains and their revitalization plans are different, the Canadian coffee brand’s strong second-quarter results give its sister brand hope of a comeback in its U.S. market.

Financing

The story behind Holey Grail Donuts

By Jonathan Maze on Aug. 04, 2022

The Hawaii-based concept hopes to take its unique taro donuts to California. It just completed a $9 million investment round featuring investors like Tony Hawk and chef Christopher Kostow.

Financing

Charlie Morrison’s big bet

By Jonathan Maze on Aug. 03, 2022

Salad and Go was a relative unknown outside of its core market, until it convinced the head of 1,700-unit Wingstop to become its CEO. Here’s the story behind the potentially revolutionary chain he now leads.

Financing

Starbucks’ CEO candidates are apparently on board with its revitalization plan

By Jonathan Maze on Aug. 03, 2022

The Bottom Line: Howard Schultz, the interim CEO, says the company has narrowed its search for his successor. And all are on board with the broad-based changes in operations he plans to reveal next month.

Financing

Danny Meyer helps prove that good service means good business

By Jonathan Maze on Aug. 02, 2022

The Bottom Line: The restaurateur steps aside as CEO of Union Square Hospitality Group, having shown that a fulfilled workforce can yield financial success.

Food

Menu activity picks up as August kicks off

By Patricia Cobe on Aug. 01, 2022

Taste Tracker: Pizza Hut bakes up pastas; IHOP and Potbelly feed chocolate cravings; a summer taste tour at Tender Greens; new sandwiches for Quiznos, TooJays, Pollo Campero and Dog Haus; and more menu news of the week.

Financing

The economy falls into a technical recession

By Jonathan Maze on Jul. 28, 2022

The Bottom Line: GDP fell for the second straight quarter, which typically signifies a recession. There are some signs of consumer cutbacks in restaurants, but they’re not widespread.

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