Operations

This week’s 4 head-spinning moments: Time sucks

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The teahouse concept Chagee has more than 6,400 units in Asia and is now planning its first location in the U.S. following a planned initial public offering.

HMC Hospitality, the operator of Original Hooters restaurants, is plotting to rescue the larger Hooters of America through a bankruptcy filing, Bloomberg reported.

All three brands are owned by High Bluff Capital Partners. Patel will lead the quick-service sandwich brand and fast-casual Mexican concept under Rego Restaurant Group.

The sandwich giant goes all in on the sweet-heat movement, putting its own spin on the popular flavor.