OPINIONFinancing

Innovation is great, until it isn't

The Bottom Line: Starbucks pushed through products recently while skipping its traditional testing processes, even as the coffee shop giant was working to improve operations. Those ideas are contradictory.

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Operations

Panera Bread's turbulent transformation

It has been a rocky couple years of change for the iconic fast-casual brand. With the search for a new CEO underway, here's what that new leader will be taking on.

Financing

Restaurants greet 2025 with optimism and anxiety

Consumer confidence is improving and other economic indicators are trending up, operators said at this year’s ICR conference. But traffic remains a challenge.

Financing

Fire the CEO at your own risk

The Bottom Line: Excessive management turnover at companies can create their own set of problems as new executives look to make their mark. The restaurant industry is loaded with examples.