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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 365

Shake Shack’s value bid into the billions

The retro burger concept’s IPO snagged $105 million—and the intense notice of other fast casuals considering an offering.

This week’s 5 head-spinning moments: Restaurants get a bad name

This week’s most memorable developments weren’t exactly high points in the industry’s efforts to improve its image and demonstrate a social commitment.

Who is McDonald’s incoming CEO?

Steve Easterbrook is no stranger to turnarounds, having engineered a difficult one for McDonald’s in the United Kingdom. He’s also had prior CEO experience.

6 questions about McDonald’s change in leadership

Here’s what observers of McDonald’s situation are likely to be asking themselves about the passing of the baton.

NYC restaurants accuse health inspectors of lapsing into a gotcha mindset

A group says the city is trying to turn hospitality businesses back into ATM, dispensing cash for minor infractions.

McD’s Thompson to relinquish CEO’s post to CBO Easterbrook

The struggling leader’s retirement on March 1 will trigger other executive changes.

Brinker posts 4.2% comp-sales gain for Chili’s

Strong traffic contributed significantly to the gain for company-run stores and helped boost Maggiano’s same-store sales by 2.3 percent, the casual-dining giant said.

Papa John’s angles for Super Bowl viewers with BOGO deal

Demand for delivered pizzas typically soars next Sunday, but the third-largest player is resorting to a discount to get its share.

Technology

3 ways tech plays at restaurants

The 100 or so chain executives attending Chicago researcher Technomic’s 2015 Consumer Insights and Planning Program this January learned how the perplexing consumer is evolving under such influences as a tepid economy and rapid-fire technical advances. Some revelations had pens scratching across notepads in a frenzy, including these.

DOL to suggest new rules for managers’ overtime, NRA says

The U.S. Department of Labor will likely propose changes before April in the regulations for compensating supervisory personnel like restaurant managers, according to the National Restaurant Association.

Restaurant sales to rise 3.8% this year, NRA says

The gains will still be moderate, but better than the prior two years. Food costs and margin pressures are different matters.

East Coast restaurants dig out, assess sales damage

The blizzard wasn’t as intense in some areas as officials had feared, but the impact on restaurant sales and traffic may be a different story.

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