Financing

After a critical self-assessment, Starbucks pursues a course correction on labor

Management says it’s regearing for life as a partially unionized business, in part by improving baristas’ experiences.

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Financing

The best franchise growth incentive? Better unit economics

The Bottom Line: Restaurant chains appear to be using various incentives to get their franchisees to build more units. But the best incentive remains pretty simple: Stronger sales and profits.

Food

Pei Wei expands its pantry to launch lighter, protein-focused dishes

Behind the Menu: The new items target healthy lifestyles, providing balance to the fast casual’s more indulgent Asian classics.

Financing

U.S. restaurant chains should pay close attention to Asian upstarts

The Bottom Line: While rapidly growing Mixue and Luckin Coffee have a long way to go before they surpass the biggest U.S. restaurant chains on a sales basis, their models should serve as a wake-up call.