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Financing

Restaurant SPACs find their targets outside the restaurant industry

The Bottom Line: Mergers with restaurant chains have been tough to come by for the investment firms, so they’ve expanded their reach.

Financing

Return to normal, and high gas prices, take a bite out of drive-thru traffic

The Bottom Line: Demand for drive-thrus soared during the pandemic. That traffic has fallen this year as people go back into restaurants. Is the industry focused too much on that business?

New research shows a marked difference in the assessments of employers and employees.

Tech Check: Facebook's metaverse is reportedly a ghost town, and it doesn't make sense for restaurants to go where customers aren't.

The Bottom Line: The company’s surprise announcement that it would sell doughnuts in nine locations has raised a few questions.

Sales at the Chicago-based chain are up double-digits this year, fueling big expansion plans.

Concept President David Schmidt speaks with Restaurant Business about his plans. But first, maybe a cheese steak omelet?

Restaurant parking lots could serve a useful need as electric vehicles grow in popularity and demand for chargers increases. But there are practical benefits to operators, too.

The Texas-based companies are equal partners in franchisor Earth Burger Global, which kicks off next month.

The Bottom Line: More companies are pushing value as consumers feel the pinch of inflation. But the offers are more expensive and likely kept to the app.

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