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Lisa Jennings

Executive Editor

Articles by
Lisa Jennings

Page 3
Leadership

Portillo's faces potential Engaged Capital proxy fight with nomination of 2 board members

The activist investor hopes to put two ex-Salad and Go executives on the Chicago-based fast-casual chain's board: former CEO Charlie Morrison and former CMO Nicole Portwood.

Workforce

Struggling Topgolf laying off workers

The golf-centric "eatertainment" brand is preparing for a spinoff from its parent company, which is expected in the second half of 2025.

Emerging Brands

Steve Ells' startup Kernel is being reborn as a sandwich concept

Dubbed Counter Service, it will follow a similar model. But this time, fewer robots and more food.

Emerging Brands

Chip City Cookies co-founder gets creative with croissants

Peter Phillips joins the bakery boom with a second concept called Somedays Bakery. With this concept, he takes a completely different approach to growth.

Workforce

California's Fast Food Council to debate another minimum wage hike

The planning subcommittee voted to put an up-to-3.5% increase in the $20 per hour wage on the agenda, but it will be a discussion-only item for now.

Operations

Sweetgreen bets you'll want fries with that salad

Ripple Fries are rolling out systemwide in March. Expect to hear more menu news from the fast-casual chain after a rough start to the year.

Operations

Consumers see Cava as safe port in an inflation storm

As other limited-service brands struggle to maintain traffic, the fast-casual chain's year-end results demonstrated "strength and resilience."

Workforce

The threat of an increase in California's fast-food wage looms

After the minimum wage for restaurant chain workers increased to $20 an hour last year, workers are pushing for a cost-of-living increase up to 3.5%. But employers contend another wage hike would be a business killer.

Financing

Roark Capital is eyeing Dave's Hot Chicken, report says

Company officials declined to comment on the roughly $1 billion reported deal, but it would add to the investment firm's already restaurant-rich portfolio.

Operations

Here comes Portillo's app-less loyalty program

Late to the game but offering something different, the fast-casual chain expects to launch its Perks program in March.

Financing

Just Salad valued at $1B after latest investment

The fast-casual salad chain has received a $200 million investment from a group led by Wellington Management.

Workforce

Michigan lawmakers preserve tip credit but speed increases in the minimum wage

Bills based on voter initiatives would have phased out use of a sub-minimum wage for tipped workers. A last-minute compromise kept the tip credit alive.

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