Beverage chains are taking off as consumers shift their drink preferences
The Bottom Line: Some of the fastest-growing chains in the U.S. push drinks, even as sales at traditional concepts lag in growing delivery and takeout business. How can traditional restaurants get in on the action?Restaurant Business Exclusive Content
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.
Financing
Restaurants introduced a record number of limited-time offers last year. Where were the sales?
The Bottom Line: The restaurant industry, eager for sales and traffic in a difficult year, issued more new products than they ever have. Yet it hasn’t worked to get customers in the door.