Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

Page 16
Financing

Southern chain Fatz Cafe closes all 18 locations

The brand had been in decline for years after peaking at nearly 50 units in 2011. It’s part of a rash of restaurant closures recently.

Technology

Why some restaurants are glad to see delivery sales dropping

For brands like Shake Shack and Red Robin, less delivery has meant more people are ordering in person. They view that as a good thing.

The chain has been hit hard by changing trade areas and, more recently, soaring inflation. It believes the "pruning" will help its 91 remaining stores.

The celebrity chef’s Nusr-Et steakhouse chain is embracing eatertainment, while the recently closed SaltBae Burger is already plotting a U.S. comeback.

There are still different views on how much to give baristas, delivery people and even servers, according to a Bank of America survey.

The activist investor, which once won every seat on the Darden Restaurants' board, now owns nearly 10% of the Outback Steakhouse parent.

Price-conscious guests and the loss of MrBeast Burger took a bite out of delivery sales. But the chain is more focused on the dining room, anyway.

After a successful return to the airwaves earlier this year, the chain plans to invest up to $60 million in more commercials.

The virtual wing brand will get a physical presence at the bar and in the dining room as the chain looks to boost traffic.

Despite some early challenges, chains like White Castle and Checkers believe AI order-takers are ready for prime time. Widespread adoption could be "a matter of when, not if."

The deal is a change of course for the 76-unit steakhouse brand, which had been preparing for an IPO.

Uber contributed to the funding round as it expands its use of Serve’s bots for food deliveries.

  • Page 16