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Financing

The consumer is cutting back, but not everywhere

 By Jonathan Maze on May 01, 2024

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Financing

An in-depth look at a fast-growing c-store chicken concept

 By Jonathan Maze on May 01, 2024

A Deeper Dive: Jim Norberg, CEO of Krispy Krunchy Chicken, joins the podcast to talk about the chain’s rapid growth and how it plans a push into marketing and delivery.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

By Patricia Cobe on May 01, 2024

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

By Jonathan Maze on May 01, 2024

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Financing

The odds for keeping delivery fees and large-party gratuities aren't looking good

By Peter Romeo on May 01, 2024

Working Lunch: The Biden administration doesn't get that those aren't true "junk fees."

Financing

Restaurant tech firm InKind acquires Etta Collective out of bankruptcy

By Lisa Jennings on May 01, 2024

The two-unit Etta Collective went to the highest bidder for $4 million and InKind CEO Johann Moonesinghe plans to restart growth.

Financing

KFC is struggling in the U.S., and not just due to weather

By Jonathan Maze on May 01, 2024

The venerable chicken chain is losing ground to Popeyes and other chicken restaurant competitors domestically. But parent company Yum Brands says it has a plan for a reset.

Financing

STK parent One Group completes acquisition of Benihana for $365M

By Joe Guszkowski on May 01, 2024

The deal nearly triples One Group's footprint and brings its total annual revenue to more than $1 billion.

Operations

Wingstop is doing great. Here's how CEO Michael Skipworth says the chicken chain can do even better

By Lisa Jennings on May 01, 2024

After a strong first quarter, Dallas-based Wingstop expects double-digit same-store sales growth this year, as it plans on becoming a Top 10 global restaurant brand.

Technology

Long lines at kiosks can stress customers, study finds

By Joe Guszkowski on May 01, 2024

Guests feel more rushed and order less food when others queue up behind them, according to new research from Temple University.

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