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Emerging Brands

Life after divorce for the parent of Maple & Ash

 By Lisa Jennings on Nov. 21, 2024

The owners of the top-grossing Chicago steakhouse are rebranding under Maple Hospitality Group and plan to unleash aggressive growth in 2025.

Technology

Discounts are reshaping the third-party delivery business

 By Joe Guszkowski on Nov. 21, 2024

Freebies have become a big business for apps like DoorDash and Uber Eats. Their impact for restaurants is more complicated.

Financing

Just like that, Blackstone becomes a huge player in the restaurant business

By Jonathan Maze on Nov. 20, 2024

The Bottom Line: The private-equity firm has long invested in franchisors. But three deals worth more than $10 billion make its presence felt in the restaurant business.

Financing

Private equity snaps up another major restaurant chain

By Jonathan Maze on Nov. 19, 2024

The Bottom Line: Blackstone is buying Jersey Mike’s. Early reaction to the deal says a lot about the reputation of private-equity firms right now.

Operations

Meet the Chicago family behind 7 of America's top-grossing independent restaurants

By Lisa Jennings on Nov. 18, 2024

The Lombardo family of Gibsons Restaurant Group are ready to take their high-end steakhouse magic (and more) to regions outside the Midwest.

Financing

Consumers keep spending at restaurants

By Jonathan Maze on Nov. 15, 2024

The Bottom Line: Sales growth at restaurants and bars easily outdistanced grocery sales and their own prices in October, despite all kinds of concerns about inflation.

Financing

Third-party delivery solidifies itself as an ordering channel

By Jonathan Maze on Nov. 14, 2024

The Bottom Line: Use of aggregators like Uber Eats and DoorDash is no longer a way to market your brand. It’s a key source of sales. The only question is how big it gets.

Financing

The necessary evil of restaurant bankruptcies

By Jonathan Maze on Nov. 13, 2024

The Bottom Line: The industry has been hit with a huge number of bankruptcies as a tough environment, higher interest rates hit overleveraged companies hard. But that could pave the way for more growth in the future.

Technology

6 thoughts on Wonder's acquisition of Grubhub

By Joe Guszkowski on Nov. 13, 2024

Tech Check: The fast-growing food hall-delivery chain has a deal to buy the floundering delivery app. Here’s what it could mean for both companies.

Technology

The year of restaurant loyalty programs ends with a whimper

By Joe Guszkowski on Nov. 11, 2024

Tech Check: Loyalty programs are a great tool, but restaurants need to appeal to more than just their most frequent customers to bring back traffic.

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