Financing

Shift to franchising signals fresh outlook for California Pizza Kitchen

The strategy represents a new era for the chain as it emerges from bankruptcy and a decade of shrinking sales and unit counts.
California Pizza Kitchen plans to open 100 new restaurants with franchisees. / Photograph: Shutterstock

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Financing

Reassessing McDonald's tech deals from 2019

The Bottom Line: The fast-food giant’s decision to end its drive-thru AI test with IBM is the latest pullback away from a pair of technology acquisitions it made five years ago.

Operations

Trend or fad? These restaurant currents could go either way

Reality Check: A number of ripples were evident in the business during the first half of the year. The question is, do they have staying power?

Financing

Starbucks' value offer is a bad idea

The Bottom Line: It’s not entirely clear that price is the reason Starbucks is losing traffic. If it isn’t, the company’s new value offer could backfire.