Zoes Kitchen

Financing

Why restaurant chains aren’t going public right now

Weak sales and poor stock performance are conspiring to create another dry spell for restaurant IPOs, says RB’s The Bottom Line.

Zoes’ new takeout bid: Family meal packs

The fast-growing Mediterranean chain is offering what it describes as complete family meals built around such entrees as kabobs.

The four-unit experiment “is going extremely well,” CEO Kevin Miles told Wall Street.

The fast-casual chain also posted a net loss, despite higher revenues.

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

Serving housemade meals featuring fresh ingredients and healthy preparations

Diners rated these chains as tops when it comes to healthful options.

More chains are giving a self-delivery/third-party hybrid a try.

Operators are turning to both obvious and catchy names for new menu sections that tap into the snacking trend.

In February, Zoës Kitchen joined the growing ranks of fast casuals offering a smartphone app. Free for download on iTunes and Google Play, the LIFE...

  • Page 2