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First Watch

Financing

These are all the companies planning or considering IPOs

Three restaurant chains have confidentially filed documents for an initial public offering and others are considering it, says RB’s The Bottom Line.

Operations

First Watch adjusts for life after COVID

The daytime dining chain is tweaking its operations with the additions of bars and takeout areas while forgoing the dash into farther-afield ventures such as ghost concepts and virtual brands.

The sector’s biggest players indulged in considerable reinvention attempts as they felt the loss of breakfast and particular challenges at off-premise.

Newly released data suggests that even a modest cash incentive can be effective.

The breakfast, brunch and lunch concept plans to have the new listing in half its stores by year’s end.

Corporate test kitchens may have shut down for a while, but menu development didn’t stop. It just proceeded a little differently.

The chain, which doesn't serve dinner, says it's not suffered the a.m. sales freefall that QSRs are lamenting.

The breakfast and lunch chain pledged to provide restaurant managers with a bonus when they're rehired so their annual pay for the year will remain the same.

Consumers are seeking more protein in the morning.

Diners crave both healthier fare and comfort foods in winter.

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