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Technology

Silicon Valley’s CloudChef wants to be the Spotify of food

 By Joe Guszkowski on Jan. 31, 2023

The startup founded by three college friends says it can replicate the work of famous chefs, expanding access to one-of-a-kind meals.

Financing

Red Lobster, private equity, and the problem of asset sales

 By Jonathan Maze on Jan. 31, 2023

The Bottom Line: Eight years after Darden sold the seafood chain, it is closing locations, talking about a “turnaround” and seeking rent concessions.

Financing

McDonald’s steps out of the political shadows

By Jonathan Maze on Jan. 27, 2023

The Bottom Line: The burger giant traditionally lets others do all the talking on major political issues. But more recently it has made its voice heard on topics like California's business climate or crime in Chicago.

Food

Chickenhawk breaks out of the chicken sandwich rut with a 2.0 model

By Patricia Cobe on Jan. 27, 2023

Popeyes success with its chicken sandwich started a deluge on menus, but this new fast casual is putting some different ideas between the buns.

Technology

Robots aren’t coming to steal restaurant jobs, robot says

By Joe Guszkowski on Jan. 26, 2023

Tech Check: AI sensation ChatGPT says workers need not fear its kind. But it may be underestimating restaurants’ labor woes.

Operations

Restaurants’ growth plans get stuck in red tape

By Jonathan Maze on Jan. 26, 2023

Operators have increasingly aggressive growth plans and are proposing more complicated restaurant formats than ever. But permitting and construction delays are slowing it all down.

Operations

Hilton’s quest to create hotel dining destinations

By Lisa Jennings on Jan. 26, 2023

Global head of food and beverage Adam Crocini shares highlights of what’s coming for the hotel giant’s Conrad, Waldorf Astoria and other brands.

Financing

Companies face a tough lending market as their debt comes due

By Jonathan Maze on Jan. 26, 2023

The Bottom Line: Rising interest rates and a weak M&A market could prove troublesome for companies looking for an out from their debt troubles.

Financing

Who will win in a downturn? Chains with strong loyalty programs

By Jonathan Maze on Jan. 24, 2023

The Bottom Line: If a recession hits, price-weary consumers could look for more deals. But mass discount programs may be too difficult in an inflationary environment.

Food

Slutty Vegan shares the secrets behind the Hawt Toddy Chili Bowl

By Patricia Cobe on Jan. 24, 2023

Fans are standing in long lines to grab a taste of the brand’s plant-based comfort this winter.

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