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Technology

Virtual brands' next act: Diversification

By Joe Guszkowski on Oct. 11, 2023

Tech Check: As delivery slows, some digitally focused restaurant companies are branching into meal kits, groceries and even airplane food.

Financing

Why large restaurant chains struggle to develop new concepts

 By Jonathan Maze on Oct. 11, 2023

The Bottom Line: With Chipotle developing yet another brand in Farmesa, it’s a good time to check on the track record of large brands creating new concepts. It’s not a good one.

Emerging Brands

With the tip credit disappearing, this fine-dining chef sees a more fast-casual future

By Lisa Jennings on Oct. 10, 2023

Matt Baker of the full-service Gravitas in Washington, D.C. is stepping on the gas to grow his limited-service Baker's Daughter, an upscale bakery-cafe.

Financing

How difficult has the M&A market been? Just ask Pollo Tropical

By Jonathan Maze on Oct. 10, 2023

The Bottom Line: Parent company Fiesta Restaurant Group spent two years trying to find a buyer before ultimately agreeing to a deal with the owner of Primanti Bros. It illustrates the difficulties of the acquisition market over that period.

Financing

The country's fifth largest pizza chain is a convenience store

By Jonathan Maze on Oct. 09, 2023

The Bottom Line: Casey’s has become a force in the pizza business with a selection of innovative items, delivery and a popular loyalty program. But we investigated its claim to be a top-five pizza concept. It has a good argument.

Beverage

Energy drinks are finding their place in the restaurant space

By Reyna Estrada on Oct. 06, 2023

Energy drinks have been around in the restaurant industry for many years, but the market is expected to grow and restaurants are quick to get on board.

Financing

Despite a host of concerns, restaurants keep adding jobs

By Jonathan Maze on Oct. 06, 2023

The Bottom Line: After 3.5 years, restaurants recovered the jobs it lost during the pandemic. And its monthly job growth shows just how resilient the industry is.

Technology

In Las Vegas, foodservice workers push back on spread of tech

By Joe Guszkowski on Oct. 06, 2023

The Culinary Union is asking for more protections against technology that could threaten jobs. It comes as more restaurants are turning to tech to help ease their labor woes.

Financing

The McDonald's premium? It's in the rent

By Jonathan Maze on Oct. 05, 2023

The Bottom Line: The burger giant’s franchise charges have been below average despite the strength of its brand. But its premium comes in the leases its franchisees pay.

Financing

Restaurant stocks take a hit

By Jonathan Maze on Oct. 05, 2023

The Bottom Line: After a strong start to 2023, industry stocks have taken a hit more recently as Wall Street worries about the consumer and higher interest rates.

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