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    Image attribution tooltip
    The image by Elvert Barnes is licensed under CC BY-SA 2.0

    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.

  • The U.S. Capitol building.
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    drnadig via Getty Images
    Restaurant Revitalization Fund

    SBA 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. 

  • Image attribution tooltip
    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. 

  • A white table with hands reaching out toward food items like hamburgers, sushi and French fries.
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    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.

  • An exterior image of a white restaurant with a yellow decoration and signs that say Church's Chicken
    Image attribution tooltip
    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. 

  • A picture of a diamond red sign that has "Fatburger" in yellow letters.
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    The image by Tony Hisgett is licensed under CC BY 2.0

    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. 

  • Starbucks Workers United members picket outside a Starbucks in Watertown, Ma., on August 1, 2022.
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    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.

  • A McDonald's store is shown in Houston, Texas.
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    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.

  • Two smiling men standing together
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    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. 

  • Outback Steakhouse exterior
    Image attribution tooltip
    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.

  • A male server serves four customers sitting at a table with a bowl of pasta and a hamburger
    Image attribution tooltip
    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.

  • Jack in the Box mascot Jack Box is accompanied by actor Mark Hamill on the set of a commercial
    Image attribution tooltip
    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.

  • An image of various chicken wings products and French fries inside green containers.
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    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. 

  • McDonald's McPlant
    Image attribution tooltip
    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.

  • A man and woman looking at receipts inside a cafe
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    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. 

  • A woman and man at a cash register
    Image attribution tooltip
    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.  

  • A restaurant worker wearing a clear plastic mask shield speaks with restaurant patrons.
    Image attribution tooltip
    Ian Forsyth via Getty Images
    Restaurant Revitalization Fund

    NRA 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.

  • A Flytrex drone can carry up to 6.6 pounds and make five-mile round trips, according to the company’s website.
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    Permission granted by Flytrex

    Flytrex expands delivery radius to service 100K customers

    The drone delivery firm, which flies orders from restaurants and retailers, received FAA approval to expand its radius from one to two nautical miles from its operating stations in North Carolina and Texas. 

  • Three side-by-side images of smartphone screens showing grocery e-commerce features, like a barcode scanning tool.
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    Uber; Getty Images

    Uber is looking to change its ‘frustrating’ US grocery experience

    After a rough launch with Cornershop two years ago, Uber is aiming to course-correct by adding new features on Eats for customers, workers and retailers.

  • Aerial view of the Bay Bridge in San Francisco, California with skyline in background
    Image attribution tooltip
    Melpomenem via Getty Images

    San Francisco weakens 15% delivery fee cap

    The San Francisco Board of Supervisors passed a law Tuesday enabling delivery services to charge more than 15% in restaurant commissions if eateries opt for additional services. 

  • An image of a bag sitting on a makeline with food ingredients in the background.
    Image attribution tooltip
    Courtesy of Chipotle

    Chipotle on track to reach $3.5B in digital sales in 2022

    Digital sales, which represented 39% of sales during Q2, are expected to grow this year even as dine-in sales rise amid a shift in customer behavior. 

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    hapabapa via Getty Images

    McDonald's digital sales top $6B across top 6 markets

    Digital channels account for about a quarter of the chain’s sales in the U.S.

  • Large squares containing "ASAP" and "Pick Up Orders"
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    Permission granted by Waitr Holdings

    Waitr strikes exclusive partnership with New York Giants, New York Jets

    The delivery firm, which is rebranding as ASAP, will provide in-stadium mobile ordering during home games, concerts and events at MetLife Stadium.

  • McDonald's drive thru sign
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    Justin Sullivan via Getty Images

    McDonald’s CEO: Robots aren’t practical in vast majority of restaurants

    Though 10% labor inflation and staffing levels are challenging the chain, CEO Chris Kempczinski said automation won’t be a “silver bullet” solution. 

  • A building with the words "Kitchen United Mix" on the exterior
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    Permission granted by Kitchen United

    How Kitchen United's new access to grocery stores, malls will fuel its growth

    With $100 million in fresh funding under its belt, the ghost kitchen operator will build out its tech stack and expand within new and existing markets.