Continue to Site >>>

News

Financing

Tim Hortons' sales take a big hit in China

 By Jonathan Maze on Aug. 29, 2024

The coffee chain, which had been expanding aggressively in the country, has seen sales plunge there amid growing competition.

Financing

Starbucks is sued over its bad earnings results

 By Jonathan Maze on Aug. 29, 2024

A shareholder has filed a class-action lawsuit accusing the coffee shop giant of making overly rosy projections late last year before its sales, particularly in China, turned starkly south.

Consumer Trends

Even dollar stores are now saying they need to focus more on value

By Heather Lalley on Aug. 29, 2024

Retail Watch: Dollar General reported its low-income shoppers are pulling back even more, offering up a continued warning sign for restaurants.

Operations

Signs of financial distress are mounting for Shari's Restaurants

By Lisa Jennings on Aug. 29, 2024

The 45-year-old family-dining chain faces multiple accounts of unpaid rent and taxes, eviction notices and unit closures.

Beverage

How Jamba plans to reclaim its beverage heritage

By Lisa Jennings on Aug. 28, 2024

At a time when consumers want more beverage options, Jamba rolls out new "Hello Sunshine" rebrand that begins with new blended coffees.

Financing

What all these bankruptcies say about the state of restaurants right now

By Jonathan Maze on Aug. 28, 2024

A Deeper Dive: RB editors Joe Guszkowski and Lisa Jennings join Jonathan Maze to discuss the latest news around restaurant industry bankruptcies and some strong sales performances.

Financing

The former CEO of Jeni's Splended Ice Creams wants another bite of a growth chain

By Jonathan Maze on Aug. 28, 2024

John Lowe has founded a private-equity firm that will target early-stage restaurant and consumer packaged goods chains, hoping to get them to the next level.

Leadership

Chipotle execs granted big retention bonuses to stick around

By Lisa Jennings on Aug. 28, 2024

The departure of CEO Brian Niccol is speeding up previously announced C-suite moves. The planned retirement of CFO Jack Hartung is now on hold indefinitely.

Marketing

The Habit Burger Grill changes name to become an 'ampersand brand'

By Lisa Jennings on Aug. 28, 2024

Meet the new Habit Burger & Grill. The name change is designed to celebrate the brand's diverse menu. RIP extraneous "the."

Operations

Shake Shack to close 9 underperforming units

By Lisa Jennings on Aug. 28, 2024

The restaurants to be shuttered are in California, Ohio and Texas. The company blamed changes in the trade areas and cannibalization from its nearby restaurants.

  • Page 4