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Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

Page 49
Financing

Bloomin’ Brands continues to lock horns with inflation

The Outback Steakhouse parent is adding new technology and equipment to make restaurants more productive and will likely raise prices again to ease higher costs for just about everything.

Financing

Texas Roadhouse says customers are getting back to normal

The chain’s traffic fell slightly in the second quarter, which executives said is typical for summer. The decline came entirely on the to-go side of the business.

Financing

Amid rare sales slide, Wingstop pulls some growth levers

The chain is joining Uber Eats and expanding chicken sandwiches nationwide after same-store sales fell 3.3%.

Financing

Cheesecake Factory says COVID—not the economy—is messing with sales

Regional spikes are having an impact on the chain’s top line. Meanwhile, it continues to battle higher costs for food and labor.

Operations

CloudKitchens sold these restaurants a dream. What they got was a nightmare

As the ghost kitchen company has expanded to more than 60 locations across the country, it has left a trail of failed businesses in its wake.

Technology

Restaurant tech was due for a pruning

Tech Check: The flourishing industry has been hit with a reality check this year. That might not be such a bad thing.

Emerging Brands

This Houston drive-thru restaurant just won $1M

Single-unit Vietnamese concept Saigon Hustle was the winner of the Million Dollar Restaurant Launch sponsored by Mercato Partners’ Savory Fund.

Technology

Tech supplier Presto reworks SPAC deal, lowers valuation

The company’s merger with Ventoux will now be funded with $100 million in private equity as the SPAC market slows.

Technology

86 Repairs raises $15.2M for equipment management service

The funding features the first technology investment from Mercato Partners' restaurant-focused Savory Fund.

Technology

Layoffs hit another restaurant technology company

Fast-growing online ordering company Lunchbox cut 33% of its staff after raising $70 million since 2020, joining a growing list of other restaurant tech companies to do so.

Technology

Kitchen United raises $100M with help from Restaurant Brands International, Kroger

The ghost kitchen provider will use the funding to add locations and expand the use of its technology, accelerating its rapid growth over the past year.

Leadership

Philip Speer’s path to sobriety also led to a new kind of restaurant

The critically acclaimed chef made his name in an era when heavy partying was an industry norm. At Comedor, he’s creating a different culture.

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