Restaurant News Roundup, 06/30/2023

Burger King’s $400 million investment plan, dubbed “Reclaim the Flame”, is aimed at boosting same-store sales while returning to the basic concepts that made the fast-food chain popular.  Restaurant Brands CEO Joshua Kobza discusses the strategy in an interview with Yahoo!Finance.  Read more here: https://finance.yahoo.com/video/burger-king-franchisee-profitability-foundation-151443884.html   Taco Bell CEO Mark […]

Restaurant News Roundup, 11/07/2022

Restaurants are seeing increased sales by offering more meatless options on their menus. Mexican-style dishes made with alternative proteins or meat substitutes are among the most popular.  Read more here: https://www.restaurantbusinessonline.com/food/trending-plant-based-dishes-add-menu   First Watch, the Florida-based breakfast chain, enjoys solid sales growth by attracting Millennial and Gen Z customers who […]

Restaurant News Roundup, 05/09/2022

Big chains like Chipotle are faring much better than small restaurants or independents in the wake of the pandemic’s fallout.  Easier access to money is one main reason.  Read more here: https://www.cnn.com/2022/04/30/business-food/restaurant-chains-pandemic/index.html   As chains like KFC and Taco Bell take over the restaurant industry, the National Restaurant Association calls […]

Restaurant News Roundup, 9/16/2019

Apps are now the way to go for restaurants.  That’s the word from a top executive at Wayback Burgers who says email and social media are just not enough anymore.   Read more here:  https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2019/09/16/restaurant-app-best-practices/#2593c437522a     Taco Bell rolls out a vegetarian menu, with 13 meatless options, to meet […]

Restaurant News Roundup, 8/6/19

Pizza Hut to shutter hundreds of locations as it transitions away from dine in restaurants and replaces them with take out and delivery stores.  Read more here:  https://www.restaurantbusinessonline.com/financing/pizza-hut-plans-close-hundreds-us-units   A new survey shows men are eating out less frequently, one reason why restaurant traffic is down over the past two […]

Restaurant News Roundup, 2/5/19

Thirteen mega-companies control dozens of popular chains, including Burger King, Taco Bell and Olive Garden.  Read more here:  https://www.businessinsider.com/companies-that-control-the-restaurant-industry-2019-1   Delivery-Only restaurants are surging because of low overhead costs when starting this kind of eatery business.  Read more here: https://www.forbes.com/sites/lanabandoim/2019/01/28/how-ghost-restaurants-are-changing-the-restaurant-business-model/#54e46a7f41d7   The wave of baby boomer retirements is affecting the restaurant […]

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