Butterfly Equity, Subway, Chick-fil-A
Butterfly Equity has raised $1 billion for food companies, Subway invests in slicers and Chick-Fil-A is adding a new breakfast menu item.
Aug 16, 2022•3 min
Restaurant Daily
Your quick morning dose of the restaurant news you need, every weekday, from the editors of Restaurant Business and Nation's Restaurant News.
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Episodes
Pork, breakfast and urban problems
There’s good luck for New England pork lovers; get ready for French Toast Stick wars and urban problems continue to dog some notable fast casual chains.
Aug 15, 2022•4 min
McDonald’s, Dutch Bros and pumpkins
McDonald’s is reopening some of its Ukraine locations. Dutch Bros’ fast unit growth is hurting sales. And pumpkin on menus? Already
Aug 12, 2022•4 min
Sweetgreen layoffs, BBQ holdings, Wendy’s
Sweetgreen is cutting 5% of its corporate staff, BBQ holdings is getting a new owner and Wendy’s is scaling back on ghost kitchen development.
Aug 11, 2022•4 min
Famous Dave’s, Qdoba, french toast sticks
The restaurant acquisition market got suddenly hot on Tuesday. Wendy’s added a new item to its breakfast menu for the first time. And First Watch may be recession proof.
Aug 10, 2022•3 min
Taco Bell, Economy and crustless pizzas.
Milk Bar has a deal with … Taco Bell? Consumers are hurting, or maybe they aren’t. And Papa John’s ditches the crust.
Aug 09, 2022•3 min
Food delivery, Speedy Eats, Frisch’s Big Boy
What's going on with food Delivery? Speedy Eats has found its pizza chef and James Walker is the new CEO of Frisch’s Big boy.
Aug 08, 2022•4 min
RRF, earnings, the Holey Grail
What’s going on with the $180 million left over in the Restaurant Revitalization Fund? Papa John’s, Burger King and more released quarterly earnings. And a Hawaiian donut chain is headed to the mainland.
Aug 05, 2022•5 min
National Restaurant Association survey, Grubhub, Starbucks
Only 34 percent of restaurant executives are women according to a national restaurant association survey, Grubhub's value is down and Starbucks’ US same store sales are up.
Aug 04, 2022•3 min
Church’s, TGI Fridays, menus heat up
A big fried chicken chain gets back to its roots. Menu launches are starting to heat up again as summer winds down. And TGI Fridays is expanding its use of virtual brands.
Aug 03, 2022•3 min
Danny Meyer, Jack in the Box, Michigan’s tip credit
Danny Meyer is stepping down as CEO of union square hospitality group, Mark Hamil is coming to jack in the box and Michigan’s tip credit isn’t going anywhere until at least february.
Aug 02, 2022•4 min
Inflation's peak, Texas Roadhouse and a lot of pepperoni
The worst of food inflation may be behind most restaurants … but not so much for Bloomin’ Brands. Why Texas Roadhouse thinks consumers are getting back to normal. And Little Caesars’ newest pizza has how many pepperonis? Find out on today’s edition of RB Daily
Aug 01, 2022•3 min
Massachusetts happy hour, Pizza Hut, Cheesecake Factory
Restaurants in Massachusetts don’t want happy hour promotions legalized, Pizza Hut is expanding its pasta lineup and the Cheesecake factory said covid-19 is still messing with its sales.
Jul 29, 2022•5 min
RRF, McDonald’s franchising, hotel deals
The Restaurant Revitalization Fund is not empty after all. McDonald’s CEO defends the chain’s new franchise standards. And why hotel acquisitions are soaring this year.
Jul 28, 2022•5 min
McDonald's same-store sales, Presto reworks plans to go public, Saigon Hustle
Mcdonlads same store sales improved, restaurant tech supplier presto has reworked plans to go public and Saigon hustle won a million dollars.
Jul 27, 2022•4 min
Bellagreen, Kitchen United, ice cream
Ampex Brands adds to its collection. Some big-name investors just gave Kitchen United a lot of money. And a peek at Americans’ most craveable ice cream chains.
Jul 26, 2022•4 min
Restaurants halting recruitment efforts, franchise disputes, Crumbl Cookies
Restaurants are halting recruitment efforts, cuts to corporate overhead are causing more franchise disputes and the fight between crumbl cookies and a smaller competitor continues on.
Jul 25, 2022•4 min
Michigan tip credit, Domino’s doldrums, Chipotle
A Michigan court killed the state’s tip credit rule. Chipotle invests in robots and fungi. And something unusual happened at Domino’s Pizza last quarter.
Jul 22, 2022•4 min
McDonald’s stock, San Francisco fee cap, downtown traffic
McDonald’s investors don’t seem too concerned about its franchisee dispute. San Francisco is making its historic delivery fee cap more flexible. And downtown foot traffic is starting to return … slowly.
Jul 21, 2022•5 min
Chipotle, Salad and Go, recession fears
Chipotle closed a store in Maine where staff were planning to unionize. Salad and Go breaks its silence on its new CEO. And why a potential recession isn’t as scary as you might think.
Jul 20, 2022•5 min
McDonald’s, Sysco and energy drinks
McDonald’s franchisees are not terribly happy, Sysco is not terribly happy with beef suppliers and coffee concepts are perfectly thrilled with energy drinks.
Jul 19, 2022•5 min
Restaurant sales, breakfast, inflation
Restaurant sales are up. There’s a new crop of breakfast concepts. And inflation is dampening coffee shop sales.
Jul 18, 2022•4 min
Sriracha, Amazon Fresh, ChowNow
Everybody’s freaking out over a shortage of a popular condiment. Restaurants have reason to worry about the growth of Amazon Fresh. And yet another restaurant tech company is laying off workers.
Jul 15, 2022•4 min
Menu prices, unionization, ice cream perfume
Restaurant menu prices hit another record high last month. The push for unionizing in restaurants continues to grow. And would you wear perfume that smells like sprinkles?
Jul 14, 2022•5 min
Starbucks, Crumbl Cookies, Snappy Tomato Pizza
Safety issues are prompting Starbucks to close more than a dozen stores. Fast-growing Crumbl Cookies is getting litigious. And Snappy Tomato Pizza has a new owner.
Jul 13, 2022•4 min
Starbucks changes, McDonald’s, Sam Fox
Starbucks’ CEO hinted at some changes coming for the chain. McDonald’s is buying a major franchisee. And Sam Fox is ramping up his pizza business.
Jul 12, 2022•4 min
Chowbotics, Cinnabon, jobs
Say goodbye to Sally the Salad Robot. Cinnabon is doing something it’s never done before. And restaurants continue to add jobs
Jul 11, 2022•5 min
Subway, Toast, best burgers
Subway is getting away from customization. Consumers rank their favorite burgers. And Toast acquires a scheduling app.
Jul 08, 2022•5 min
Amazon + Grubhub, mid-year review, McDonald's Summer Camp
Might Amazon become a Grubhub investor? It's been a rough first half of the year for restaurants. And McDonald's Summer Camp promo is causing some unhappy campers.
Jul 07, 2022•4 min
Slapfish, inflation discounts, KFC’s Russia exit
The Slapfish seafood chain has a new owner. Yum Brands is putting the finishing touches on its exit from Russia. And some restaurants are fighting inflation with discounts.
Jul 06, 2022•4 min
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