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Food

Salt & Straw and Taco Bell launch the Tacolate, an ice cream taco 10 years in the making

Behind the Menu: Robots eventually led Tyler Malek, Salt & Straw’s co-founder, to fulfill his dream of creating a new and improved Choco Taco.

Financing

Wall Street doesn’t like restaurants, so restaurants leave Wall Street

The Bottom Line: Another company is sold in Topgolf and another is on the market in MTY Food Group. The reason is simple: Sales are challenging, and public investors are losing faith.

Tech Check: The industry is continuing its rapid adoption of AI despite considerable consumer uncertainty about the technology. How can restaurants show that they’re using it responsibly?

The Bottom Line: This week’s edition of the restaurant finance newsletter looks at the outperformance of restaurant chains outside the U.S.

The Bottom Line: The coffee-shop giant says that it generated record results on its holiday launch and then on its annual Red Cup Day, despite a strike by its union and calls for a boycott.

This New York City-based smashburger concept is expecting to go from 26 to 100 units in the next two years, all company owned. Now the founders are growing a second brand.

The industry is in the midst of a great rewards overhaul. Here’s what’s behind it, and why change might just be the new normal for loyalty.

The Bottom Line: Unemployment among younger Americans has soared, as have student loan delinquency rates, while average rent keeps going up. No wonder restaurant traffic is awful.

The Bottom Line: Publicly traded companies often spend their extra cash to buy back shares. But franchisors of struggling chains might be better off investing that cash in the restaurants.

The Bottom Line: Full-service restaurant chains are winning, slightly, in a weak overall market. Brands are rethinking unit count, focusing on service and pushing a lot of value.

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