Smashburger

Boloco’s Washington flop is attributed to three factors: low brand awareness, operational issues and competition.

While “millennial” was one of the top buzzwords of the Restaurant Leadership Conference last week, much of the conversation revolved around how this demographic interacts with brands—which means technology.

The life cycle of a restaurant might better be measured in dog years. The accepted wisdom says something like 90 percent of eateries close in the first year of operation; and around three-fourths of the survivors won’t make it past year five. So actually, maybe mouse years is more accurate.