Restaurant Business Exclusive Content
Financing
U.S. restaurant chains should pay close attention to Asian upstarts
The Bottom Line: While rapidly growing Mixue and Luckin Coffee have a long way to go before they surpass the biggest U.S. restaurant chains on a sales basis, their models should serve as a wake-up call.
Financing
Restaurants introduced a record number of limited-time offers last year. Where were the sales?
The Bottom Line: The restaurant industry, eager for sales and traffic in a difficult year, issued more new products than they ever have. Yet it hasn’t worked to get customers in the door.
Technology
Why Wonder bought a media company
Tech Check: With Tastemade, the food hall-delivery company will create an advertising business that spans the digital and physical worlds.