News

Financing

Burger King is investing another $300M in remodels

The fast-food chain is expanding its “Royal Reset” remodel program to fund more restaurant remodels through 2028.

Financing

Subway completes its sale to Roark Capital

The fast-food sandwich giant is finally changing hands after the sale to the private-equity firm was delayed over regulatory concerns.

Freshly made drive-thru salads are increasingly becoming a thing. This fast-casual chain is ramping up growth in both urban and suburban locations, with car customers in mind.

The eatertainment chain is adding the ability to wager on Skee-Ball, basketball and its other arcade games to its app, for members of its loyalty program.

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

Cannabis users are far more likely to order delivery and fast food than those who don’t indulge, survey results from Numerator show.

Taste Tracker: Lucille’s Smokehouse cooks up BBQ feasts; baked falafel comes to Taziki’s; borracho beans return to Fuzzy’s; Panera celebrates Derby Day and Jimmy John’s has a gift for moms.

The burger mirrors McDonald’s signature sandwich in almost every way and continues Chili’s efforts to steal share from fast-food chains.

The pizza chain saw transaction growth in both delivery and carryout and from all groups, as the company’s loyalty program and value take hold.

Retail Watch: It appears, at least in part, that the value equation didn’t add up for inflation-weary consumers. Plus: C-store stalwart Krispy Krunchy Chicken has big growth plans.

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