Financing

KFC plans to do something it hasn’t done in years: Grow U.S. units

The chain, buoyed by its chicken sandwich and digital efforts, expects to finish 2021 with more domestic restaurants than it had the previous year. It would be the first time in 17 years.

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Financing

Why Starbucks needs to change its marketing

The Bottom Line: Brian Niccol’s 100-day vision for his new company included an important comment: “We won’t let others define who we are.” That’s a key change for the coffee shop giant.

Emerging Brands

Carvel finds an unusual partner in Houston fine-dining operator Berg Hospitality

The two operations have collaborated on a co-branded venture called Buttermilk Baby, the first of 10 that are planned for Texas.

Financing

TGI Fridays' would-have-been buyer gets a harsh lesson

The Bottom Line: Hostmore, the U.K. franchisee that has backed off its purchase of the casual-dining chain, cannot sell its restaurants for their debt. Welcome to the modern market for restaurant mergers and acquisitions.