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Financing

Casual-dining growth turns asset-heavy

 By Joe Guszkowski on Nov. 19, 2021

Companies like Chili’s and Texas Roadhouse are buying back franchises in a reversal of the refranchising approach that has held sway for decades.

Financing

Sweetgreen has a strong IPO. Now what?

 By Jonathan Maze on Nov. 19, 2021

The Bottom Line: The salad chain’s market debut was one of the year’s best in the industry. But skepticism about its long-term prospects remains.

Financing

Fast-food chains’ price-fueled recovery

By Jonathan Maze on Nov. 18, 2021

The Bottom Line: Higher prices, due to demand, labor and commodity costs, has been the primary reason for the sector’s recovery. But how long can this last?

Workforce

Restaurants try ever-bigger lures to recruit and keep general managers

By Heather Lalley on Nov. 18, 2021

Double bonuses, airplane tickets, six-figure salaries and even their very own restaurant are just some of the perks the industry is offering to slow down turnover in the all-important GM post.

Financing

As the supply chain slows, demand for aftermarket equipment takes off

By Jonathan Maze on Nov. 17, 2021

More restaurants are looking at used and refurbished fryers and coolers amid shipping delays and to save on the cost of buildout.

Financing

Private equity cedes the market to IPOs

By Jonathan Maze on Nov. 17, 2021

The Bottom Line: Yet another initial public offering, this one from Fogo, shows that the market has shifted considerably toward the public markets.

Financing

The Egg McMuffin turns 50

By Jonathan Maze on Nov. 16, 2021

The Bottom Line: The venerable sandwich has helped turn McDonald’s into a behemoth and paved the way for fast-food breakfast.

Workforce

Tipping finds new life as a fast-food labor remedy

By Peter Romeo on Nov. 16, 2021

Reality Check: More quick-service restaurants are providing ways for guests to tip employees. Heck, even unions are suddenly for it.

Emerging Brands

Inside fast-growing food-and-games concept Puttshack

By Heather Lalley on Nov. 15, 2021

The mini golf eatertainment brand, which opened its second U.S. store early this month, is slated to open five more locations next year after securing a $60 million investment last spring.

Food

Operators target families with holiday bundles and healthier kids’ menus

By Patricia Cobe on Nov. 15, 2021

Taste Tracker: Panda Express upgrades kids’ meals; pizza deals at CiCi’s and Pasqually’s; holiday specials at Chicken Salad Chick, Peet’s, Cinnaholic, Portillo’s and Logan’s; Arby’s does vodka; and more news.

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