Restaurant Business

Restaurant Business Industry analysis and trends from Restaurant Business Magazine. The latest news, expert advice, and

Restaurant Business is the leading media brand in the commercial foodservice industry, with a focus on entrepreneurship, innovation and growth. Restaurant Business understands the new state of media like no other—recognizing the importance and nuances of each—helping you retrieve the information you need, wherever, whenever. Each product of Restaurant Business concisely shows growth-minded restaur

ateurs how to capitalize on trends, new concepts, changes in consumer tastes, new purchasing strategies, and peers’ best practices.

Nelson Peltz is stepping aside as Wendy's chairman   Read more ⬇️
09/06/2024

Nelson Peltz is stepping aside as Wendy's chairman Read more ⬇️

The investor, who has chaired the fast-food chain since 2007, was named chairman emeritus as he shifts focus to his other work. Arthur

Breakwater Management may acquire Tender Greens and Tocaya   Read more ⬇️
09/06/2024

Breakwater Management may acquire Tender Greens and Tocaya Read more ⬇️

The lender is the stalking horse bidder for parent One Table Restaurant Brands, which has scheduled a bankruptcy auction later this month.

How Mr. Pickle's is playing the value game with sandwich sizes   Read more ⬇️
09/06/2024

How Mr. Pickle's is playing the value game with sandwich sizes Read more ⬇️

The California-born chain known for Dutch Crunch rolls is borrowing a page from Goldilocks and rolling out a mid-sized sandwich that gives

First Watch, Paris Baguette, Woworks and more bolster c-suites   Read more ⬇️
09/06/2024

First Watch, Paris Baguette, Woworks and more bolster c-suites Read more ⬇️

Executive Summary: Recent executive moves in the restaurant industry.

TGI Fridays loses control of most of its assets   Read more ⬇️
09/06/2024

TGI Fridays loses control of most of its assets Read more ⬇️

A consulting firm will take over many of the casual-dining chain's management functions after a trustee on its bonds declared a “manager

Restaurant hiring held steady in August, providing a rare spot of good macro news   Read more ⬇️
09/06/2024

Restaurant hiring held steady in August, providing a rare spot of good macro news Read more ⬇️

The latest federal job report shows the creation of jobs by eating and drinking places continued at a stable clip while hiring across the

Two companies learn the hard way that running restaurants is difficult   Read more ⬇️
09/06/2024

Two companies learn the hard way that running restaurants is difficult Read more ⬇️

The Bottom Line: Red Lobster and Topgolf were both acquired by companies outside the restaurant industry. Those companies have learned just

Pinstripes warns of staff cutbacks after a challenging quarter   Read more ⬇️
09/05/2024

Pinstripes warns of staff cutbacks after a challenging quarter Read more ⬇️

The bocce-and-bowling concept is aiming to reduce overhead by another $4 million, after cutting unit-level expenses by $10 million in the

Red Lobster set to exit bankruptcy after court approval   Read more ⬇️
09/05/2024

Red Lobster set to exit bankruptcy after court approval Read more ⬇️

A judge cleared the way for the seafood chain to be acquired by Fortress Investment Group, which has a plan to revitalize the chain.

How a summer of bold marketing fueled a comeback at Chili's   Read more ⬇️
09/05/2024

How a summer of bold marketing fueled a comeback at Chili's Read more ⬇️

An attack on the Big Mac and a pair of viral TikTok trends helped make Chili’s cool again. Now the challenge will be keeping it that way.

Meet the reclusive force behind casual-dining standouts Hillstone and Houston's   Read more ⬇️
09/05/2024

Meet the reclusive force behind casual-dining standouts Hillstone and Houston's Read more ⬇️

Restaurant Rewind: George Biel may not have the high profile of other casual-dining pioneers, but his operations remain gold standards

Kamala Harris pledges to help more restaurants and other small businesses get off the ground   Read more ⬇️
09/05/2024

Kamala Harris pledges to help more restaurants and other small businesses get off the ground Read more ⬇️

In a campaign speech Wednesday, the Democratic candidate promised to raise the tax credit for startups to $50,000, from the current $5,000.

Shake Shack reinvents the labor deployment model   Read more ⬇️
09/05/2024

Shake Shack reinvents the labor deployment model Read more ⬇️

The burger chain joins a growing number of fast-casual chains using AI-driven technology to better manage staffing.

Restaurant buyers have little interest in actual restaurants   Read more ⬇️
09/05/2024

Restaurant buyers have little interest in actual restaurants Read more ⬇️

The Bottom Line: There is a clear line in what restaurant chain buyers want right now. They want franchisors, not the restaurants

BurgerFi International lost another board member and the company’s stock is in danger of a delisting, the company said i...
09/04/2024

BurgerFi International lost another board member and the company’s stock is in danger of a delisting, the company said in an SEC filing late last week.

The Fort Lauderdale, Florida-based owner of the burger chain BurgerFi and Anthony’s Coal-Fired Pizza has received a notice from the Nasdaq stock exchange threatening to delist the company’s shares.

The notice cited BurgerFi’s inability to timely file its second-quarter report. It also said that the company does not have enough members of its board of directors.

https://www.restaurantbusinessonline.com/financing/burgerfi-gets-delisting-notice

Value and cups appear to be helping McDonald's regain customers   Read more ⬇️
09/04/2024

Value and cups appear to be helping McDonald's regain customers Read more ⬇️

Surveys and traffic data suggest that the Chicago-based fast-food chain has improved its results in recent weeks, thanks to a value meal and

Struggling Topgolf to be spun off   Read more ⬇️
09/04/2024

Struggling Topgolf to be spun off Read more ⬇️

Topgolf Callaway Brands said it plans to separate into two companies just four years after it acquired the eatertainment chain.

Consumers have mixed feelings about AI in restaurants   Read more ⬇️
09/04/2024

Consumers have mixed feelings about AI in restaurants Read more ⬇️

Not everyone is convinced the technology is necessary, and many give it little margin for error, according to a new survey.

Arizona-based Wildflower acquired by Japan-based restaurant conglomerate for $28.2M   Read more ⬇️
09/04/2024

Arizona-based Wildflower acquired by Japan-based restaurant conglomerate for $28.2M Read more ⬇️

It's the second U.S. restaurant brand buy for Tokyo-based Create Restaurants Holdings, which also bought Il Fornaio in 2019.

The story behind the fast-growing sandwich chain Cheba Hut   Read more ⬇️
09/04/2024

The story behind the fast-growing sandwich chain Cheba Hut Read more ⬇️

A Deeper Dive: CEO Marc Torres joins the Restaurant Business podcast to talk about how the chain keeps customers after its pot-themed

Want happy restaurant employees? How's a relocation to Sweden sound?   Read more ⬇️
09/04/2024

Want happy restaurant employees? How's a relocation to Sweden sound? Read more ⬇️

Reality Check: New research shows how far the U.S. industry still has to go in improving its image—and what a difference an upgrade could

Most customers think restaurants are getting expensive   Read more ⬇️
09/04/2024

Most customers think restaurants are getting expensive Read more ⬇️

The Bottom Line: A pair of studies by Revenue Management Solutions provide a sobering look at the views of consumers on restaurant prices

Ed Nelson is retiring as Whataburger CEO   Read more ⬇️
09/03/2024

Ed Nelson is retiring as Whataburger CEO Read more ⬇️

COO Debbie Stroud will take over for the longtime executive at the end of the year when Nelson will end a 20-year career with the San

Playa Bowls acquired by private equity firm Sycamore Partners   Read more ⬇️
09/03/2024

Playa Bowls acquired by private equity firm Sycamore Partners Read more ⬇️

The 250-unit acai bowl and smoothie franchise has runway for more growth, new investors say.

A revived Foxtrot to open in Chicago   Read more ⬇️
09/03/2024

A revived Foxtrot to open in Chicago Read more ⬇️

The restaurant-retail hybrid, which ceased operations in April, is being resurrected by its founders, with plans to reopen more locations

Major seafood supplier pleads guilty to selling junk fish as primo species   Read more ⬇️
09/03/2024

Major seafood supplier pleads guilty to selling junk fish as primo species Read more ⬇️

Government Watch: The Department of Justice said Quality Poultry and Seafood pulled the con for 17 years.

Turkish food, chicken curry and Jean-Georges Vongerichten’s Tin Building   Read more ⬇️
09/03/2024

Turkish food, chicken curry and Jean-Georges Vongerichten’s Tin Building Read more ⬇️

Menu Talk: Pat and Bret chat about their latest food and drink discoveries and share an interview with William Dissen of The Market Place in

BJ's hires Lyle Tick as president and chief concept officer   Read more ⬇️
09/03/2024

BJ's hires Lyle Tick as president and chief concept officer Read more ⬇️

The appointment of the On the Border CEO is the latest sign of change at BJ’s, which ousted its CEO last week.

Why it's so hard to revitalize a bankrupt restaurant chain   Read more ⬇️
09/03/2024

Why it's so hard to revitalize a bankrupt restaurant chain Read more ⬇️

The Bottom Line: A host of investment companies have been snapping up restaurant companies at bargain prices. Getting them back into growth

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