The Latest
-
Kendall Davis/Restaurant Dive
Ghost restaurant calculator
Thinking about developing a ghost kitchen business plan? Use this calculator to crunch the numbers and determine profitability.
-
Mavo/Shutterstock.com
Sponsored by Mood MediaTurn every restaurant space into an experiential space
Discover new ways to connect with guests in these important areas of your restaurant.
-
Courtesy of Picnic Works
Picnic Works, Speedy Eats to deploy 5K automated drive-thrus
The companies expect to roll out the automated stations, worth an estimated $800 million, in the U.S. throughout the next five years.
-
Retrieved from QuikTrip's website.
Major c-store chain plans to open more food-focused, fuel-free locations
QuikTrip will open its second prepared foods-focused location next week in Oklahoma as it and other convenience operators continue to blur the lines with restaurants and grocery stores.
-
Hispanistic via Getty Images
Study: Over 66% of independent restaurants seeing sales declines from inflation
Seventy-six percent of operators surveyed by Seated said they have increased menu prices to deal with current economic conditions.
-
Philip Kramer/DigitalVision via Getty Images
Seattle passes permanent 15% delivery fee cap with exceptions
Seattle joins San Francisco in approving a permanent cap, but allows delivery firms to charge more if restaurants opt for additional services, like marketing.
-
Permission granted by Del Taco
Jack in the Box promotes Del Taco COO to brand president
Chad Gretzema replaces John Cappasola, Del Taco CEO and president, who departed in June months after Jack in the Box acquired the Mexican QSR chain.
-
Permission granted by Shake Shack
Shake Shack expects up to 25 drive-thrus open by the end of 2023
With six drive-thrus currently open, the burger chain has seen average weekly sales of over $80,000 compared to $76,000 at a traditional location.
-
Permission granted by Uber Eats
Uber launches pilot to deliver equipment to Chicago restaurants
The partnership with foodservice equipment distributor Parts Town will provide two-hour delivery to operators and service technicians.
-
Just Eat Takeaway reports $3B impairment following Grubhub deal
Despite the impairment, which JET blames on reduction in sector valuation, high interest rates and equity volatility, an earnings call pointed to early positive results from its Amazon partnership.
-
drnadig via Getty Images
Restaurant Revitalization FundSBA to disburse $180M in remaining RRF funds
While the Small Business Administration confirmed it would distribute the money, it has yet to provide additional details on how it will be allocated.
-
Courtesy of Starbucks
Despite menu price increases, Starbucks Rewards members keep coming back
Guest counts reached an all-time high during the quarter, with loyalty customer growth outpacing non-members.
-
Permission granted by C3
TGI Fridays expands C3 partnership with new virtual brands
TGI Fridays’ test phase, which began with a rollout of Krispy Rice in select markets last fall, generated up to $1 million in sales per restaurant.
-
Courtesy of Church's Chicken
Church’s Texas Chicken and Texas Chicken name new CEO
Joe Guith, a former executive of Focus Brands, joins the brand as its top executive nearly a year after it was bought by High Bluff Capital Partners.
-
Fat Brands plans to open 900 new restaurants in 5 years
The aggressive expansion strategy would raise the company’s total location to over 3,200 while also adding $50 million in incremental adjusted EBITDA.
-
Permission granted by Kylah Clay, Starbucks Workers United
Workers United says it will waive bargaining rights over some Starbucks benefits
The union said its members want to be included in new benefits, such as wage increases, credit card tipping, faster sick leave accrual and revived training programs.
-
Brandon Bell via Getty Images
McDonald’s names global CIO following other executive changes
Brian Rice will serve on the global senior leadership team as EVP and global CIO, reporting directly to CEO Chris Kempczinski.
-
Retrieved from USHG on August 01, 2022
Danny Meyer to resign as CEO of USHG
Chip Wade, currently Union Square Hospitality Group president and COO, will take the top leadership position in the full-service restaurant group, effective Sept. 6.
-
Courtesy of Bloomin' Brands
Bloomin’ plans to keep menu price hikes below inflation
The company said during its second quarter earnings call it expects to keep price increases around 6.5% in the latter half of the year.
-
monkeybusinessimages via Getty Images
Study: Consumers spending 40% of food budget on restaurants despite inflation
As inflation squeezes budgets, consumers say they would more likely cut spending on clothes and gym memberships before decreasing going out to eat, Popmenu finds.
-
Courtesy of Jack in the Box
Jack in the Box welcomes back most famous employee Mark Hamill
Before he was Luke Skywalker, Hamill was fired by the chain for using a clown voice while manning the drive-thru — a role he resumed for a campaign stunt.
-
Courtesy of Wingstop
Wingstop expects its food costs to shrink this year
The chain is experiencing a 19% drop in chicken wing costs, allowing it to lean more heavily on value offerings as other restaurants hike menu prices.
-
Courtesy of McDonald's
McDonald’s US plant-based burger test is over
The company said the test “concluded as planned,” but the news comes amid analyst speculation of low product sales.
-
Ridofranz via Getty Images
Study: Over one-third of restaurant operators implementing hiring freezes
Despite an ongoing labor shortage, 4% of small restaurant owners said they are cutting staff, a July Alignable report also found.
-
Courtesy of Chipotle
Chipotle plans 4% menu increase in August
The price hike will help offset rising operating costs due to increased wages and inflation, especially around dairy, tortillas and packaging.
-
Ian Forsyth via Getty Images
Restaurant Revitalization FundNRA urges SBA to release $180M in leftover RRF funds
Per a Government Accountability Office report, $24 million of the funding was designated for litigation, and roughly $56 million came from returned grants.
