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But traffic was down despite national value, and the company's stock price fell.
The plant-based burger will be available for a limited time next week, making BK the biggest chain to offer one.
The brand will quickly replace the restaurants with takeout and delivery locations as it accelerates its shift away from dine-in.
The movie theater-restaurant chain said it did not have enough cash to make an interest payment and is considering Chapter 11.
Matt Maloney also accused competitors of “price gouging” as he defended his company against complaints of false charges and cybersquatting, says RB’s The Bottom Line.
The famed McDonald’s supplier will provide the plant-based meat maker with additional capacity to meet demand.
On this episode of "A Deeper Dive," RB’s Jonathan Maze and Peter Romeo discuss what has been a busy summer season for restaurant M&A.
The former Zoes Kitchen chief executive takes over as the chain starts expanding into new markets.
The chain’s Beyond Tacos proved popular but haven’t helped it generate transaction growth or prevent a July sales slowdown.
The company became the latest to commit to a reduction in the use of antibiotics important to human health in its beef.
Chipotle, Starbucks and McDonald’s were all able to build sales with their digital efforts, says RB’s The Bottom Line.
Parent company CEC Entertainment is no longer going public, at least for now, after reverse merger with Leo Holdings is terminated.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow