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Operations

Shake Shack reinvents the labor deployment model

 By Lisa Jennings on Sep. 05, 2024

The burger chain joins a growing number of fast-casual chains using AI-driven technology to better manage staffing.

Financing

Red Lobster set to exit bankruptcy after court approval

 By Joe Guszkowski on Sep. 05, 2024

A judge cleared the way for the seafood chain to be acquired by Fortress Investment Group, which has a plan to revitalize the chain.

Marketing

How a summer of bold marketing fueled a comeback at Chili's

By Joe Guszkowski on Sep. 05, 2024

An attack on the Big Mac and a pair of viral TikTok trends helped make Chili’s cool again. Now the challenge will be keeping it that way.

Financing

Restaurant buyers have little interest in actual restaurants

By Jonathan Maze on Sep. 05, 2024

The Bottom Line: There is a clear line in what restaurant chain buyers want right now. They want franchisors, not the restaurants themselves.

Financing

Pinstripes warns of staff cutbacks after a challenging quarter

By Peter Romeo on Sep. 05, 2024

The bocce-and-bowling concept is aiming to reduce overhead by another $4 million, after cutting unit-level expenses by $10 million in the first quarter.

Financing

Kamala Harris pledges to help more restaurants and other small businesses get off the ground

By Peter Romeo on Sep. 05, 2024

In a campaign speech Wednesday, the Democratic candidate promised to raise the tax credit for startups to $50,000, from the current $5,000. She also vowed to cut the red tape new ventures face.

Financing

The story behind the fast-growing sandwich chain Cheba Hut

By Jonathan Maze on Sep. 04, 2024

A Deeper Dive: CEO Marc Torres joins the Restaurant Business podcast to talk about how the chain keeps customers after its pot-themed marketing gets them in the door.

Leadership

Meet the reclusive force behind casual-dining standouts Hillstone and Houston's

By Peter Romeo on Sep. 04, 2024

Restaurant Rewind: George Biel may not have the high profile of other casual-dining pioneers, but his operations remain gold standards within the business.

Financing

Most customers think restaurants are getting expensive

By Jonathan Maze on Sep. 04, 2024

The Bottom Line: A pair of studies by Revenue Management Solutions provide a sobering look at the views of consumers on restaurant prices and their dining habits.

Financing

Arizona-based Wildflower acquired by Japan-based restaurant conglomerate for $28.2M

By Lisa Jennings on Sep. 04, 2024

It's the second U.S. restaurant brand buy for Tokyo-based Create Restaurants Holdings, which also bought Il Fornaio in 2019.

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