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Financing

Here's a business tool to keep restaurant executives employed after a tough Q1

 By Peter Romeo on May 10, 2024

Reality Check: The first three months of 2024 weren’t easy on restaurant chains, but spin-doctoring proved to be. Indeed, there must have been a run on shovels.

Financing

Investors regain their taste for Sweetgreen

 By Jonathan Maze on May 10, 2024

The Bottom Line: The salad chain’s stock rose 34% on Friday after sales and profitability were better than expected. The company’s shares are above its IPO price for the first time in two years.

Food

The Taiwanese wheel cake may just become the next cronut

By Patricia Cobe on May 09, 2024

Behind the Menu: Money Cake opens in New York, tempting pastry fans with the waffle-cream puff hybrid.

Technology

Are consumers ordering less delivery? It depends on who you ask

By Joe Guszkowski on May 09, 2024

Tech Check: There are signs that demand is slowing. But some are finding the convenience too good to quit.

Operations

Friendly's is opening restaurants again

By Peter Romeo on May 08, 2024

The 89-year-old family-dining chain has unveiled a new store in Orlando that gives a liberal nod to the brand's past while incorporating new touches like a bakery.

Financing

Surprise, surprise: California kept its full-service restaurants in the dark for months

By Peter Romeo on May 08, 2024

Reality Check: The state attorney general had refused to clarify the scope of the state's pending anti-junk-fee law. It's one more smack in the face to the trade.

Financing

Franchisors who want faster remodels should reach into their pocketbooks

By Jonathan Maze on May 07, 2024

The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.

Financing

Why social media, and not price, is behind Starbucks' sales problems

By Jonathan Maze on May 07, 2024

The Bottom Line: The coffee shop chain lost momentum quickly in November. That was too fast to be explained by consumer reaction over the prices of its beverages.

Food

How restaurants are snagging the new pack of snackers

By Patricia Cobe on May 03, 2024

The demand for anytime, anywhere eating keeps rising, and operators are noticing, competing to offer a greater variety of value-priced and inventive snacks to steal customers away from retail.

Financing

Looking for the next Chipotle? These 3 chains are already there

By Jonathan Maze on May 03, 2024

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

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