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9 ways restaurants are giving vets a break

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The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from private-equity firms, according to CNBC. But the company wants to keep a stake.

Nearly 350 full-service chain restaurants closed amid bankruptcy in 2024, mostly at TGI Fridays and Red Lobster. It ended a three-year streak of unit growth for FSR chains.

A Deeper Dive: A&W CEO Betsy Schmandt joins the restaurant finance podcast to discuss the fast-food chain’s strategies, its shift to technology and focus on hospitality.

The fast-food giant is set to start selling Snack Wraps nationwide on Thursday, adding to a growing list of new menu items. The company is looking to innovate its way out of its worst sales slump in a decade.