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Technology

Restaurant tech learns the price of unbridled growth

 By Joe Guszkowski on Jun. 14, 2023

Tech Check: Overhauls at Olo, Grubhub and Nextbite signal the end of the pandemic tech boom, and the need for more responsible growth.

Emerging Brands

All aboard: Kura's high-tech sushi train picks up speed

 By Joe Guszkowski on Jun. 14, 2023

The fast-growing Japanese brand wants to bring sushi to the American masses by outsourcing much of the work to machines.

Emerging Brands

Peter Piper changes its model to grow outside its core markets

By Jonathan Maze on Jun. 13, 2023

Parent company CEC Entertainment recently opened a fast-casual version, Peter Piper Pizzeria, in a bid to differentiate itself from sister chain Chuck E. Cheese.

Financing

Would Subway be better off going public?

By Jonathan Maze on Jun. 12, 2023

The Bottom Line: The sandwich chain is likely to sell to a private-equity firm that will load the company up with debt. An IPO could fetch a higher valuation. So why is it not taking that route?

Financing

The Culture Wars come for Chick-fil-A and Cracker Barrel

By Jonathan Maze on Jun. 12, 2023

The Bottom Line: Typically, political blowups like the type the two chains felt recently do not translate into sales declines. But recent events may have changed that equation.

Food

Why Chili's is changing its chicken tenders and margaritas

By Joe Guszkowski on Jun. 09, 2023

The brand is reformulating some of its most popular menu categories as it looks to boost sales and get back on consumers' radars.

Food

Fuku's new chicken sandwich pays tribute to Pride Month

By Patricia Cobe on Jun. 08, 2023

Every June, David Chang’s fast casual offers a sandwich LTO to support the LGBTQIA+ community. The Sashay Filet Biscuit is the latest.

Financing

Restaurants join the layoff party

By Jonathan Maze on Jun. 08, 2023

The Bottom Line: Chipotle’s corporate layoffs follow actions by McDonald’s and Wendy’s, though the companies insist it’s not all about any looming recession.

Financing

These are the fast-food chains doing best at beating inflation

By Jonathan Maze on Jun. 08, 2023

The Bottom Line: Among the biggest limited-service chains, Raising Cane’s and Chick-fil-A have performed best over the past decade at growing unit volumes when adjusted for inflation.

Financing

At Subway, a very public auction draws to a close

By Jonathan Maze on Jun. 06, 2023

The Bottom Line: The company has reportedly narrowed its list of buyers and the price tag is down. But the deal is taking a while to get over the finish line, and here’s why.

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