Red Lobster bankruptcy, dynamic pricing, Flynn Group
Red Lobster, as expected, has declared bankruptcy. Dynamic pricing has been a hot topic at the restaurant show. And Greg Flynn is expanding his restaurant empire.
May 21, 2024•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
Show trends, Cracker Barrel, Buffalo Wild Wings
Cannabis beverages, protecting margins and AI have been some of the top themes at the National Restaurant Show. Cracker Barrel is doing a $700 million makeover. And Buffalo Wild Wings is tempting fate with its latest promotion.
May 20, 2024•3 min
Walmart, Chipotle portions, Grandma McFlurries
Restaurants may be losing business to Walmart. McDonald’s new dessert was inspired by grandmas. And has Chipotle changed its portion sizes?
May 17, 2024•4 min
Red Lobster bankruptcy, McDonald’s $5 meal, inflation
Red Lobster is said to be filing for bankruptcy protection very soon. Expect to be able to order a $5 McDonald’s value meal next month. And restaurant inflation continues to outpace grocery stores.
May 16, 2024•5 min
Red Lobster, Twin Peaks, Pizza Hut’s ‘burger’
Red Lobster closes dozens of locations. Twin Peaks is preparing to go public. And Pizza Hut puts its spin on a cheeseburger.
May 15, 2024•4 min
McDonald’s lawsuit, Jasper White, Restaurant Show tech
A prominent McDonald’s franchisee is suing the chain. A revered New England chef has died. And technology will be a key focus of this year’s National Restaurant Association Show, which kicks off this weekend.
May 14, 2024•3 min
Andy Wiederhorn, McDonald’s $5 meal, Sweetgreen
Fat Brands’ Chairman Andy Wiederhorn is in trouble with the SEC. McDonald’s is planning a new $5 value meal. And why Sweetgreen’s stock is skyrocketing.
May 13, 2024•3 min
McDonald’s-digital marketing, Red Lobster sale, Papa Johns
McDonald’s is readying a big investment in digital marketing. Red Lobster, meanwhile, is getting closer to being sold. And sales have been slow at Papa Johns, despite a marketing boost.
May 10, 2024•4 min
Dutch Bros, Chip City, Applebee’s
Dutch Bros gets a sales boost from boba. A cookie concept raises some money. And can $1 margaritas save Applebee’s?
May 09, 2024•5 min
Bloomin’ Brands-Deno, Panera’s Charged Lemonade
Bloomin’ Brands’ CEO is retiring. Did social media pressure hurt Starbucks’ sales? And Panera Bread is axing a controversial menu item.
May 08, 2024•7 min
Howard Schultz, Pizza Hut, Burgerville
Howard Schultz weighs in on Starbucks’ tough quarter. Burgerville gets some growth-minded new investors. And Pizza Hut has a new president in the U.S. Welcome to RB Daily, a quick look at the industry’s top stories from the editors of Restaurant Business. I’m Joe Guszkowski, senior editor at RB.
May 07, 2024•4 min
Joint employer, Clean Juice-Brix, Texas Roadhouse
The president has vetoed a bill that would end the NLRB’s expanded joint employer effort. Clean Juice is struggling as it prepares to be sold. And Texas Roadhouse is bucking casual-dining trends with a very successful first quarter.
May 06, 2024•6 min
Wendy’s, Shake Shack, Panda cyberattack
Wendy’s profits are improving. Bad weather hurt Shake Shack last quarter. And the owner of Panda Express was hit with a cyberattack.
May 03, 2024•4 min
Starbucks and KFC stumble, Wingstop wins, Denny’s burritos
Traffic is way down at Starbucks and KFC. But business is booming at Wingstop. Plus, Denny’s sees opportunity in an unexpected menu addition.
May 02, 2024•6 min
McDonald’s, Subway, Burger King
McDonald’s has lost ground on value, but it plans to change that. Roark Capital officially owns Subway. And Burger King is doing more remodels
May 01, 2024•5 min
Chili’s-Big Mac, Subway closures, Domino’s sales
Chili’s is lobbing another grenade at fast-food chains. Subway continues to shrink. And Domino’s had a big first quarter.
Apr 30, 2024•4 min
Clean Juice, full-service perks up, Neal Awards
Clean Juice is sold. Full-service shows some signs of life. And Restaurant Business wins some awards.
Apr 29, 2024•3 min
Chipotle, Domino’s tips, another bankruptcy
Chipotle stays red hot. Another chain declares bankruptcy. And Domino’s will pay you to tip your delivery driver.
Apr 26, 2024•3 min
Tropical Smoothie, Cava, Clover Food Lab
Tropical Smoothie Cafe is reportedly getting a new owner. Cava is ready for its Midwest expansion. And a once buzzed-about restaurant concept that went bankrupt is ready for its second act.
Apr 25, 2024•4 min
Retail traffic, Foxtrot shuts down, Crumbl
Restaurants are losing traffic to retailers. A growing retail-restaurant hybrid suddenly closes its doors. And if you’re like me and think Crumbl’s cookies are too damn big, you’re in luck.
Apr 24, 2024•4 min
Starbucks, Tijuana Flats bankruptcy, Flynn-Applebee’s
There appears to be some movement in the case of Starbucks and its employees’ union. Tijuana Flats is filing for bankruptcy and closing many restaurants. And mega-franchisee Greg Flynn is deepening his relationship with Applebee’s
Apr 23, 2024•4 min
Chipotle vs. Panera, TGI Fridays, Papa Johns’ marketing
Chipotle and Panera are no longer neck and neck. Inside TGI Fridays’ potential merger with its UK franchisee. And what will a move to national marketing do for Papa Johns?
Apr 22, 2024•4 min
Red Lobster, Oberweis, Starbucks cups
Red Lobster is falling behind on its bills. The Oberweis ice cream chain files for bankruptcy. And Starbucks makes a change to its cups.
Apr 19, 2024•3 min
California, Red Lobster and Martha Stewart
California operators are still optimistic about the future. That at least is based on a panel at the Restaurant Leadership Conference on Wednesday. Struggling seafood chain Red Lobster is considering filing for Chapter 11 bankruptcy protection to restructure its debt. And Martha Stewart on her first restaurant, The Bedford by Martha Stewart.
Apr 18, 2024•4 min
Chain restaurant growth, Jersey Mike’s, TGI Fridays
Chain restaurants are growing – but that growth might not be coming from the most-desireable sources. Is Jersey Mike’s on the market? And TGI Friday’s largest franchisee has plans to buy the company.
Apr 17, 2024•3 min
Restaurant Leadership Conference, fill-service restaurants, Momofuku
Restaurant Leadership Conference is off and running with a pair of industry leaders winning some hardware. Full-service restaurants commiserated on challenges for the sector. And Momofuku backs down on its chili-crunch offensive
Apr 16, 2024•3 min
Fast-food traffic, loyalty programs, Restaurant Leader of the Year
Fast-food traffic suffered in Q1. A look at what makes a great loyalty program. And drum roll please: Restaurant Business revealed the winners of two annual industry awards.
Apr 15, 2024•5 min
Joint employer, Crumbl, Buffalo Wild Wings
There’s a surprising development in joint employer regulations. Crumbl cookie’s sales appear to be crumbling a bit. And Buffalo Wild Wings is quietly growing its spinoff concept. Welcome to RB Daily, a quick look at the industry’s top stories from the editors of Restaurant Business. I’m Heather Lalley, RB’s managing editor
Apr 12, 2024•4 min
Menu prices, Papa Johns, I Heart Mac and Cheese
Menu price inflation is starting to slow down. Papa Johns has a deal for more locations. And I Heart Mac and Cheese is in hot water once again.
Apr 10, 2024•4 min
MOD Pizza, tech startups, Florida heat bill
One fast-casual pizza chain has shuttered more than two dozen locations. There’s lots of activity in tech provider funding. A controversial Florida bill that could change restaurant operations there awaits the governor’s signature.
Apr 10, 2024•3 min
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