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Timeline: Panera's 2.0 vision in focus

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The Bottom Line: Publicly traded companies often spend their extra cash to buy back shares. But franchisors of struggling chains might be better off investing that cash in the restaurants.

Pizza is one of the casual-dining chain’s core products, but customer satisfaction had been declining over the years. A “familiar, but refreshed” version hit the menu last week.

A Deeper Dive: In the first episode of a six-part series on AI in restaurants, the restaurant finance podcast delves into the big and small ways companies are using artificial intelligence.

The doughnut chain has had its share of challenges recently, but that didn’t matter to the customers who waited hours for the opening of the state’s first location in nearly two decades.