News

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.

Food

Portillo's, Dunkin' and Paris Baguette fall for dessert

By Patricia Cobe on Aug. 28, 2024

Taste Tracker: Sonic launches queso; new plays on pizza at CPK, Twin Peaks and Donatos; wing sauces take off at Bojangles, Wingstop and Whataburger; and pumpkin drinks keep on coming.

Premium

Financing

Pandemic aftershocks keep hitting restaurants

By Jonathan Maze on Aug. 27, 2024

The Bottom Line: Sales challenges and bankruptcy filings are the latest seismic repercussions for restaurant chains.

Premium

Technology

Dynamic pricing is a case of right place, wrong time

By Joe Guszkowski on Aug. 27, 2024

Tech Check: Consumers are too on edge right now for restaurants to mess with pricing. It’s a shame, because the industry could use the boost.

Marketing

Raising Cane's goes gold with latest destination restaurant opening

By Lisa Jennings on Aug. 27, 2024

Th 828-unit chain celebrates its anniversary with the glittering opening of a uniquely shiny location in Boston.

Technology

Tech startup Juicer ends dynamic pricing product

By Joe Guszkowski on Aug. 27, 2024

The company said demand for its technology took a hit after Wendy’s “surge pricing” backlash earlier this year. It is shifting its focus to pricing intelligence.

Premium

Emerging Brands