Restaurant News | Restaurant Dive
WEBSwipes at fast food competitors over rising prices, including through a retro video game, helped boost Chili’s same-stores sales by 14%. Marketing. More stories. Restaurant Dive has the latest news in the restaurant industry, covering topics like consumer trends, technology, marketing and branding, operations, mergers & acquisitions, and more.
Pizza Hut franchisee declares bankruptcy - Restaurant Dive
WEBJul 23, 2024 · Pizza Hut franchisee EYM Pizza filed for Chapter 11 bankruptcy protection on Monday, according to court records from the U.S. Bankruptcy Court for the Eastern District of Texas. The operator listed Manufacturers Bank and Pizza Hut as its top unsecured creditors with respective claims of over $21 million and $2.2 million.
Mapping the rise of ghost kitchens - Restaurant Dive
WEBOct 5, 2020 · A DC ghost food hall gives a glimpse of a post-pandemic restaurant future. By Emma Liem Beckett • Nov. 2, 2020. By the third weekend of dining room closures, restaurateur Aaron Gordon was pulling 100% of sales compared to 2019 through delivery and takeout alone. That spurred an idea, and in September Ghostline launched with six …
Why Chipotlanes are Chipotle’s future | Restaurant Dive
WEBNov 21, 2022 · It is also targeting 255 to 285 restaurant openings in 2023, and 80% of new restaurants in 2022 and 2023 will feature Chipotlanes. This channel, which generates roughly 15% higher sales than a traditional Chipotle restaurant, led to a shift in real estate, construction and labor strategy, Zalotrawala said. “Our priority for development will ...
7-Eleven opens first restaurant drive-thru | Restaurant Dive
WEBMar 24, 2021 · Dive Brief: 7-Eleven opened its first Laredo Taco Company drive-thru restaurant in Dallas on Tuesday, according to a press release. The restaurant, which offers indoor seating, shares space with a new 7-Eleven Evolution Store, the third of its kind in Dallas and the sixth in the U.S. The restaurant’s menu includes items such as beef …
Study: Teens make up nearly a quarter of limited-service …
WEBDec 2, 2021 · Dive Brief: New data from Black Box Intelligence indicates teenagers, age 18 years or younger, comprise a larger fraction of the restaurant labor force than in 2019. Teenagers made up 17% of the limited-service workforce in 2019 and 24% as of the end of Q3 2021. The shift in workforce composition was less dramatic, but still evident, in the …
How host kitchens are propelling virtual brands forward
WEBOct 11, 2021 · Any operator wanting to launch a virtual brand, or even host one, shouldn’t expect a million dollars in sales and immediate success, Geoff Alexander, Wow Bao CEO and president, said. Wow Bao is leaning heavily into expansion through partnerships with other restaurants that sell its buns, potstickers and bowls out of their existing kitchens.
KFC adds $4.99 meal deal through year’s end | Restaurant Dive
WEBApr 8, 2024 · Dive Brief: KFC on Monday announced it is offering a value menu through the end of 2024 featuring a $4.99 two-piece chicken meal for one; a variably priced four-piece, two-person chicken meal; and a $20 six-piece chicken family meal. The menu is called “Taste of KFC Deals.” The two-piece meal includes a chicken thigh, drumstick, a side of …
DoorDash acquires Caviar for $410M - Restaurant Dive
WEBAug 1, 2019 · DoorDash acquired Caviar from Square for $410 million in cash and DoorDash preferred stock, according to a press release. Caviar, which focuses on premium restaurants, will offer a complementary geographic footprint to allow DoorDash to reach new customers. Caviar’s executive team will join DoorDash once the acquisition closes.
Yum names Taco Bell CEO - Restaurant Dive
WEBJun 30, 2023 · Sean Tresvant will replace Mark King, who is retiring, as Taco Bell CEO on Jan. 1, 2024, according to a press release issued by Yum Brands on Thursday. Tresvant joined Taco Bell as global chief brand officer in 2022, before being promoted to global chief brand and strategy officer earlier this year. Prior to that, he worked in a variety of ...
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