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Financing

Restaurant SPACs find their targets outside the restaurant industry

 By Jonathan Maze on Oct. 25, 2022

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

 By Jonathan Maze on Oct. 24, 2022

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?

Workforce

How’s the industry doing on DEI? Depends on whom you ask

By Peter Romeo on Oct. 24, 2022

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

Technology

Why restaurants should shelve their metaverse plans

By Joe Guszkowski on Oct. 21, 2022

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

Financing

Why McDonald’s Krispy Kreme test is such a head-scratcher

By Jonathan Maze on Oct. 20, 2022

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

Emerging Brands

Why Aloha Poke believes it can win the ‘wide open’ poke bowl market

By Joe Guszkowski on Oct. 20, 2022

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

Operations

What opportunities Denny's sees in its new venture, Keke's Breakfast Cafe

By Peter Romeo on Oct. 20, 2022

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

Financing

Why restaurants could become the country’s electric vehicle charging network

By Jonathan Maze on Oct. 19, 2022

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.

Emerging Brands

Plant-based Earth Burger partners with Sinelli Concepts International to franchise

By Lisa Jennings on Oct. 19, 2022

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

Financing

Restaurants’ value offers are muted as margins thin

By Jonathan Maze on Oct. 18, 2022

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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