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OPINIONTechnology

At FSTEC, restaurants show that technology is no longer a luxury

The Bottom Line: The difficult operating environment has pushed more operators to adopt technology to boost sales and save on labor. But many of these moves are defensive.

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Technology

Smokey Bones doubles down on delivery with new virtual brands, online storefront

The chain’s three existing brands, plus two new ones, will live under one digital roof at Bite Hall, where customers can order from all five at once.

Financing

Sardar Biglari buys another oil company

The Bottom Line: Biglari Holdings, which owns Steak n Shake and other holdings, spent $80 million to acquire a majority of shares in Abraxas Petroleum Corp.

Financing

With potential IPO on hold, MOD Pizza focuses on accelerating growth

MOD Pizza's potential IPO is on hold but the chain is focused on accelerating growth.