Another bankruptcy, tipping fatigue, uncertainty
A Wendy’s franchisee declares bankruptcy. Consumers are getting tired of tipping. And the big theme at this week’s Restaurant Finance and Development Conference? Uncertainty.
Nov 16, 2023•4 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
Rising prices, Burger King, McDonald’s / Crocs
Fast-food prices keep rising. Patrick Doyle thinks Burger King struggled because it had too much risk. And McDonald’s teams up with Crocs on its latest merchandise line.
Nov 15, 2023•4 min
Joe & the Juice, Bartaco, hotel breakfast
Joe & the Juice has a new owner. Hotel breakfast is perking up. And Bartaco’s CEO will pull double duty at another Mexican chain.
Nov 14, 2023•3 min
Noodles, Yelp challengers, Q3 winners and losers
Noodles CEO is out. A pair of new mobile apps are taking on Yelp. And a look at the biggest winners and losers from restaurants’ third quarter.
Nov 13, 2023•3 min
Peppermint, Krispy Kreme / McDonald’s, franchisee margins
Peppermint is taking over beverage menus. Krispy Kreme and McDonald’s may expand their partnership. And stronger sales do wonders for franchisees margins.
Nov 10, 2023•6 min
BK bankruptcy, Steak and Ale, Mellow Mushroom
Another Burger King operator goes bankrupt. Steak and Ale will be back by April. And Mellow Mushroom gets a new look.
Nov 09, 2023•3 min
Tequila, declining traffic, Far West Services
Which restaurant chain sells the most tequila? Many restaurant chains report declining traffic. And a Wingstop franchise group has won a growth investment.
Nov 08, 2023•4 min
Labor relief, Starbucks raises, impactful tech
Restaurants’ labor pains appear to be easing. Starbucks workers are getting a raise. And a look at the tech making an impact at restaurants.
Nov 07, 2023•3 min
Sweetgreen, Larry Roberts, Wendy’s
Sweetgreen wants to open at least seven more automated restaurants next year. Larry Roberts is stepping down as president and CEO of El Pollo Loco. And Wendy’s is convincing franchisees to build new units.
Nov 06, 2023•6 min
Earnings, earnings, earnings
Today on RB Daily, it’s an earnings bonanza, with results from Starbucks, Papa Johns, Portillo’s and more. Also, Panera laid off some corporate staff. And marketing departments turn to the holidays.
Nov 03, 2023•6 min
Wingstop, Chili’s, Savory Fund
Consumers apparently crave Wingstop’s chicken sandwiches in tough economic times. Chicken also performed well for Chili’s in its first fiscal quarter. And Savory Fund is getting into hot chicken.
Nov 02, 2023•4 min
TGI Fridays, Raising Cane’s, bankruptcy
TGI Fridays has its second new CEO in as many months. A small Florida chain files for bankruptcy. And why ratings agencies aren’t exactly thrilled with Raising Cane’s.
Nov 01, 2023•5 min
Potbelly, McDonald’s, California
Potbelly has signed an agreement with Royal Restaurant Group to develop 36 units in Ohio and Florida. Digital and price hikes helped McDonald’s last quarter. And McDonald’s executives believe the brand can grow in California.
Oct 31, 2023•4 min
A mixed economy, Texas Roadhouse, child labor crackdown
The economy is sending mixed signals. Texas Roadhouse wants to grow its to-go business. And a new federal bill calls for much harsher penalties for child labor violations.
Oct 30, 2023•5 min
Free Domino’s, student loans, spooky promos
Got student loans? You’re eligible for free Domino’s. Restaurants are rolling out more spooky promos. And how the blockchain could improve loyalty programs.
Oct 27, 2023•3 min
Taco Tuesday, Mrs. Fields, David Chang
The Taco Tuesday wars are over. Mrs. Fields has a new owner. And David Chang’s Momofuku Ko is set to close.
Oct 26, 2023•3 min
Sweetgreen dinner, QSR traffic, eatertainment
Sweetgreen wants to do more dinner business. QSRs continue to dominate restaurant traffic. But eatertainment has also been a big winner.
Oct 25, 2023•4 min
PF Chang’s, Madison Square Garden, Fat Brands
PF Chang’s names Eduardo Luz CEO and president. Madison Square Garden taps new restaurant partners for the 2023-24 season. And Fat Brands is looking for strategic purchases.
Oct 24, 2023•4 min
Starbucks, TGI Fridays, Love.Life
Starbucks’ union accused the chain of stoking a boycott of its own stores. TGI Fridays is ready to take some risks. And a new restaurant from the founder of Whole Foods has closed.
Oct 23, 2023•4 min
Outback Steakhouse, Chili’s, Chipotle
Starboard Value has big plans for Outback Steakhouse. Chili’s is celebrating Nicki Minaj fans with its second Barbz Day. And Chipotle and other brands are making a push for late-night business.
Oct 20, 2023•5 min
Fake review crackdown, BurgerFi, Salted
The FTC wants to crack down on fake reviews. BurgerFi’s new CEO is making some changes. And the owner of Moonbowls raises some money.
Oct 19, 2023•4 min
Ozempic, September sales, Israel/Palestine
Could Ozempic really hurt restaurant demand? The industry had a surprisingly strong September. And restaurants respond to the conflict between Israel and Palestine.
Oct 18, 2023•5 min
Chick-fil-A, Pizza Hut, TGI Friday’s
Chick-fil-A has published a cookbook. Pizza Hut said thousands of its locations have extended their hours until 2 a.m. And TGI Friday’s is adding sushi to the menu.
Oct 17, 2023•3 min
Domino’s menu innovation, malls, earnings preview
Domino’s Pepperoni Stuffed Cheesy Bread could mark a new era of menu innovation for the chain. The best-performing malls have this restaurant brand in common. And what to look for this coming earnings season.
Oct 16, 2023•3 min
Taco Bell, robots, McDonald’s
Taco Bell adds a surprising new menu item. Chipotle and Sweetgreen play rock em sock em robots. And there’s a roughly 12% chance you - yes you - worked at McDonald’s at some point.
Oct 13, 2023•5 min
Consumers, Dutch Bros stock, Uber Eats
Consumers are becoming a lot more demanding. Dutch Bros is the most “shorted” restaurant stock right now. And you can now use Uber Eats to order from two restaurants at once.
Oct 12, 2023•3 min
Teens’ top restaurants, Post Malone, El Pollo Loco
Teens love chicken. Post Malone designs another Raising Cane’s. And the tale of El Pollo Loco shows how tough the M&A market has been
Oct 11, 2023•5 min
Casey’s, Domino’s, Olive Garden
A c-store chain stakes its claim to pizza dominance. Domino’s launches an aggressive giveaway offer. And why Olive Garden could be America’s best melting pot.
Oct 10, 2023•4 min
Chicago tip credit, jobs milestone, Ozempic
Chicago kills the tip credit. Restaurants hit a key employment milestone. And Burger King has a new prototype designed to speed up operations.
Oct 09, 2023•4 min
Restaurant Stocks, Farmesa, Halloween
Restaurant stocks have taken a hit. Chipotle is moving its test of Farmesa to the next stage. And a look at how restaurant chains are celebrating Halloween.
Oct 06, 2023•4 min
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