The Latest
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Tracking the same-store sales of 24 major restaurant chains
Q3 2025 saw more evidence of a casual dining resurgence, as fast casual sales continued to slow and QSRs posted divergent results.
Updated 18 hours ago -
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New Coborn’s store to focus on in-store dining
The grocer is working with a pair of restaurateurs to develop a restaurant and a food court at a location set to open next year in suburban Minneapolis.
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Starbucks anticipates Gen Z Thanksgiving traffic surge
A whopping 70% of the cohort plans to visit a coffeehouse over the holiday, a trend the chain hopes to capitalize on through its renewed on-premise focus.
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Shake Shack CFO to step down
The chain has remade much of its C-suite since hiring Rob Lynch as CEO in 2024, and will set up a new financial operations office as Katie Fogerty departs.
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Cracker Barrel CEO survives ouster attempt, board shrinks
Sardar Biglari’s latest jab at the casual chain’s leadership failed to remove CEO Julie Masino, but succeeded in ousting board member Gilbert Dávila.
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4 c-stores turning up the heat on breakfast
From Kwik Trip’s in-house bakeries to Wawa’s LTOs, convenience stores nationwide are capitalizing on the buoyant breakfast market.
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Fat Brands risks bankruptcy as lenders demand payment on $1.3B debt
The restaurant company defaulted on its obligations earlier this year and lacks the cash to pay its creditors up front, according to an SEC filing.
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Opinion
Speed isn’t enough anymore. Why QSR brands need to dial up the emotion.
Chains need to focus on experiences, rituals and spaces that foster connection, writes Lotte van Uum, creative director of spatial design at FutureBrand.
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NRA: Value, comfort will define 2026 menu trends
Operators looking to take advantage of buzzy food items, like protein add-ons or smash burgers, will have to balance operational complexity with demand.
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Toastique to open first Arizona location next month
The fast casual brand is the latest restaurant chain to enter this part of the Sun Belt, indicating confidence in the region’s growth despite macro headwinds.
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McDonald’s lets the Grinch take over with holiday campaign
Along with a meal inspired by the Dr. Seuss icon, the seasonal effort features a TV spot, creator-led gaming program and Times Square ads.
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Jack in the Box posts worst sales quarter in years, again
Falling traffic and unfavorable menu mix hurt the burger chain, but executives hope that retraining its entire system will improve consistency and sales.
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How 3 retailers are upgrading meal bundles
Love’s, EG America and Rutter’s have all developed complex strategies for tying their in-house food with other products. Here are a few of their tips.
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Oakberry signs 100-store Texas franchising deal
The development agreement would more than double the açaí chain’s presence in the U.S. and focuses on high-traffic, high-visibility locations in metro areas.
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Callaway sells majority stake in Topgolf for $770M
Leonard Green & Partners purchased a 60% stake in the chain, which is valued at $1.1 billion, and will oversee its next phase of growth.
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Why private equity is buying restaurant franchisees
Improved conditions for financing, driven largely by lower interest rates, are fueling acquisitions.
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Papa Johns CFO gains dual role, salary bump
Appointing its finance chief Ravi Thanawala to the dual role of CFO and president could signal additional belt-tightening by the pizza chain, Cowen Partners’ Shawn Cole said.
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Auntie Anne’s hires Chili’s vet as chief brand officer
Nathan Baldwin joins GoTo Food’s pretzel chain in the midst of a brand refresh and push to develop more streetside locations and co-branded restaurants.
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Panera plans to reach $7B in sales by 2028
The chain’s multi-part strategic plan includes investments in beverage and bakery items and front-of-house labor.
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Freddy’s operator declares bankruptcy
M&M Custard filed for Chapter 11 after expanding into the Chicago market, where stores struggled to gain traction.
Updated Nov. 17, 2025 -
MTY Food Group considering full, partial sale
Cold Stone’s parent said it is reviewing various alternatives, but may continue to operate as normal, and made no assurances that a transaction would occur.
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Culver’s unveils rewards program
The Delicious Rewards program offers 10 points for every dollar spent, birthday rewards and other future benefits, like offering menu development input.
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Why Papa Murphy’s rebuilt its loyalty program around a single rule
“Every pizza earns points,” Papa Murphy’s Jason Focht said. “It's easy to understand, easy to message and easy to execute across all of our channels, including web apps and in-store.”
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Will restaurants see more M&A and IPO activity in 2026?
Next year may be marked by a high volume of deals for both high-performing growth concepts and distressed assets, as challenger brands look for capital and ailing systems seek turnarounds.
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Starbucks’ holiday launch marks biggest sales day ever in North America
Traffic spiked nearly 38% on Nov. 6, the day of the chain’s holiday rollout, which included the highly popular release of the Bearista cup, according to Placer.ai data.