The Latest
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Ghost restaurant calculator
Thinking about developing a ghost kitchen business plan? Use this calculator to crunch the numbers and determine profitability.
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Food benefits platform Sharebite raises $39M
The technology, which enables restaurants to deliver food to corporate clients, will use the funding to grow and launch new products.
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Retrieved from Pure Gold by Qdoba on June 28, 2022
Qdoba launches first virtual brand
Pure Gold by Qdoba, which has queso-centric menu items, will be available in select markets including Denver, Indianapolis and Michigan.
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Are c-stores the next QSR? One survey says it's 'entirely possible.'
Fifty-nine percent of U.S. consumers consider buying a meal at a convenience store when stopping for fast food, per Bluedot data.
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BurgerFi and Anthony's launch co-branded Visa rewards card
The card offers customers 3% cashback on all purchases at any of the brands’ 185 locations.
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McDonald's names new CFO, global chief supply chain officer
Ian Borden, current president, international, has been promoted to EVP, CFO, while Marion Gross, who managed the company’s North American supply chain, will become EVP, global chief supply chain officer, effective Sept. 1.
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Sweetgreen launches digital feature to reward customers for meeting goals
Rewards and Challenges is part of the company’s strategy to test different loyalty elements as it works toward deploying a loyalty program in 2023.
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As recession concerns rise, CEOs are stepping away
Notably, the previously recorded high of CEO departures was in 2019 — also the last time U.S. economists saw a potential recession on the horizon.
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McDonald's latest franchisee guidelines emphasize performance
Changes include a new process to renew 20-year franchisee agreements, as well as assessing franchisee heirs alongside new owner/operators.
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Kura Sushi deploys server robots systemwide
Kur-B the KuraBot will deliver drinks and condiments to customers tableside at all 37 restaurant locations.
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McDonald's AI voice ordering tests underperforming on accuracy, survey says
Accuracy rates for the drive-thru tech are in the low 80% range, which puts it below the 95%-plus level the company wants before broader adoption, BTIG reports.
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KFC US appoints new president
Tarun Lal, currently managing director for KFC Middle East, Pakistan, Turkey, Africa and India, will fill the role vacated by Kevin Hocham, effective July 15.
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The image by Cbraccialini is licensed under CC BY-SA 4.0
Red Robin CEO to retire
Paul Murphy was instrumental in navigating the company through dining room lockdowns and oversaw growth in its off-premise segment and the rollout of its Donatos partnership.
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Retrieved from Chick-fil-A on June 22, 2022
Chick-fil-A pilots express drive-thru lanes
The fast food chain, which clocks some of the slowest wait times in the QSR space, is testing the lanes in 60 restaurants and could expand to other locations in 2023.
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Chicken Salad Chick inks franchise deals as it targets 500 units by 2025
The fast casual chain signed two agreements that will bring 16 more locations to Texas, with plans to open about 50 restaurants nationwide this year.
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Full-service traffic takes a hit as inflation lingers, report says
QSR visits have outpaced full-service since the middle of March, indicating that consumers are trading down as gas prices and other costs rise, according to Placer.ai.
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Smokey Bones is opening its first traditional drive-thru
The restaurant in Bowling Green, Kentucky, will offer an express menu with food that can be prepared quickly, as well as a curbside menu for items that take a little longer.
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Krispy Kreme adds soft serve ice cream to menu
The new frozen treats, which launched Tuesday, will appear initially in 10 U.S. markets with additional locations to come later in the summer.
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Starbucks' head of North America to leave company
Rossann Williams, who was the face of Starbucks’ union response alongside interim CEO Howard Schultz, declined another position within the company before resigning.
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Wendy's streamlines national-to-local social advertising with Tiger Pistol
The QSR chain has teamed with the largest third-party publisher of collaborative social ads to transform its local ad strategy.
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10 ways restaurants are embracing automation
Robots are quickly becoming the new face of labor across the restaurant industry. Here’s a look at how automation technology is shaping the segment.
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Yelp: Complaints over short-staffed restaurants up 229% in Q1
Reviews mentioning long wait times were also up 23% during Q1,Yelp’s State of the Restaurant Industry Report shows.
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BTIG: Nationwide McPlant rollout highly unlikely this year
A recent check-in with franchisees revealed sales of McDonald’s plant-based burger in its California and Texas test markets are coming in at or below low-end sales projections.
Updated June 16, 2022 -
Massachusetts court tosses gig work ballot initiatives backed by Uber, DoorDash
The proposals, which are similar to Prop 22, would have classified food delivery drivers as independent contractors but granted them some benefits.
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Grubhub adds instant pay option for delivery drivers
Instant Cashout via Direct to Debit will be available this month and allows Grubhub’s couriers to deposit earnings to an eligible bank debit card.